Indian government has approved an increase in the family pension of bank employees to what percent of the last salary drawn?

A)
30%
B)
40%
C)
50%
D)
60%

Correct Answer : Option (A) - 30%



Central Government has approved the Indian Banks’ Association’s (IBA) proposal to increase the family pension to 30% of the last salary drawn. The immediate benefit of this approval will be an increase of 30,000 to 35,000 in the family pension of public sector bank employees from a maximum of 9,284 per month, depending on the last drawn salary of the deceased bank employee.

Published On : August 27, 2021
Category : Banking