https://www.taxtmi.com/news?id=68320 The government approved wage and pension revisions covering PSU general insurer employees, development bank staff, and central bank retirees. PSU insurer wage revision effective 1 August 2022 entails Rs 8,170.30 crore total outgo including wage arrears, NPS and family pension costs. Development bank revisions effective 1 November 2022 add about Rs 170 crore annually and roughly Rs 510 crore arrears. Pension enhancement for central bank retirees raises pension and family pension by 10% on basic pension plus dearness relief from 1 November 2022, with specified one-time arrears and recurring annual costs. en-us Fri, 23 Jan 2026 11:46:04 +0530 Fri, 23 Jan 2026 11:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=68320 The government approved wage and pension revisions covering PSU general insurer employees, development bank staff, and central bank retirees. PSU insurer wage revision effective 1 August 2022 entails Rs 8,170.30 crore total outgo including wage arrears, NPS and family pension costs. Development bank revisions effective 1 November 2022 add about Rs 170 crore annually and roughly Rs 510 crore arrears. Pension enhancement for central bank retirees raises pension and family pension by 10% on basic pension plus dearness relief from 1 November 2022, with specified one-time arrears and recurring annual costs. News - Fri, 23 Jan 2026 11:46:04 +0530 https://www.taxtmi.com/news?id=68320