pension news update: A big good news has come for the pensioners of Uttar Pradesh and Haryana from January 1, 2025. The governments of both the states have decided to increase the pension, which will bring positive changes in the lives of lakhs of pensioners. This step has been taken to strengthen the economic condition of pensioners and improve their standard of living.
This pension hike will not only benefit government employees, but also beneficiaries of social security schemes like widow pension, old age pension, and disabled pension. This step is an important effort on the part of the State Governments, which shows their commitment towards the pensioners.
Overview of pension increase scheme
Important information about the pension hike scheme is given in the following table:
| Description | Information |
| name of the scheme | pension increase scheme |
| effective date | 1 January 2025 |
| beneficiary state | Uttar Pradesh and Haryana |
| beneficiary category | Government employee, widow, old age, disabled |
| percentage of increase | 4% of basic pension (estimated) |
| number of beneficiaries | Around 20 lakhs (total in both the states) |
| budget allocation | ₹5000 crore (estimated) |
| application process | both online and offline |
Details of pension increase in Uttar Pradesh
The Uttar Pradesh government has announced an ambitious scheme for pensioners. Under this scheme, around 12 lakh pensioners of the state are expected to get benefits. The government has proposed a 4% increase in pension, which will be applicable on the basic pension.
Key points of Uttar Pradesh pension hike:
- Government Employees Pension: There will be an increase of 4% in the pension of retired government employees.
- Old Age Pension: There will also be an increase in the pension received by people above 60 years of age.
- Widow Pension: The pension amount given to widows will also be increased.
- Disabled Pension: The pension of disabled persons will also be increased.
Benefits of Uttar Pradesh Pension Hike:
- increase economic security
- improvement in standard of living
- relief from inflation
- strengthening of social security
Detailed description of pension increase in Haryana
The Haryana government has also announced a similar scheme for its pensioners. About 8 lakh pensioners of the state will get the benefit of this scheme. A 4% increase in pension has also been proposed in Haryana.
Key aspects of Haryana pension hike:
- Government Employee Benefits: Increase in pension of retired employees.
- Social Security Pension: Increase in old age, widow and disability pension.
- Focus on rural areas: Special benefits to pensioners in rural areas.
- Health Facilities: Provision of better health facilities for pensioners.
Effects of Haryana Pension Hike:
- help in poverty alleviation
- boost rural economy
- Steps towards social equality
- Empowerment of the elderly and weaker sections
Application process for pension increase
To avail the benefits of the pension hike, pensioners will have to go through a simple application process. This process will be available through both online and offline modes.
Online Application Process:
- Go to government portal
- Fill the application form for pension increase
- Upload required documents
- Submit the form and receive acknowledgment
Offline Application Process:
- Visit the nearest government office or common service center
- Receive and fill the application form
- Submit photocopies of required documents
- Submit the filled form and collect the receipt
Documents required for pension increase
The following documents will be required while applying for pension hike:
- Aadhar card
- PAN card
- copy of bank passbook
- Pension Slip (Pension Payment Order)
- Age Certificate (for old age pension)
- Widow Certificate (For Widow Pension)
- Disability Certificate (for Disability Pension)
Financial impact of pension hike
This pension hike will have a significant financial impact on state governments and beneficiaries. This will not only improve the financial condition of pensioners but will also have a positive impact on the economy.
Financial impact on state governments:
- Additional financial burden of about ₹3000 crore to Uttar Pradesh government
- Additional expenditure of about ₹ 2000 crore on Haryana government
Financial impact on beneficiaries:
- Average monthly increase of ₹500 to ₹2000 per pensioner
- Increase in annual income from ₹ 6000 to ₹ 24000
Disclaimer
This article is for informational purposes only. Although the information provided in this article is taken from reliable sources, readers are advised to verify with relevant government departments or authorized sources before taking any action. Wait for the official government announcements for any updates or changes regarding the pension hike scheme. This plan is still in the proposed stage and is subject to change. Readers are requested to check all facts before taking their decisions.
