PoliticsPhoto: News18Hi Business8th Pay Commission: Pensioners Demand Reduction in 15-Year Pension Cut
Central government pensioners expect more than just pension hikes from the 8th Pay Commission. They seek changes to a 15-year rule where a lump sum taken at retirement leads to pension cuts for 15 years. Pensioners' groups argue the commuted amount is recovered in 10-12 years and demand reducing the deduction period to 11 or 12 years.
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