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Additional Pension to the Pensioners ? 5% on attaining the age of 65 years, 10% on 70 years, 15% on 75 years and 20% on 80 years.

I am directed to state that Governor of the Punjab has been pleased to sanction. 5% (five percent) increase in pension of retired government employees / civil pensioners upto 80 years of age, and 20% increase in pension of retired government employees / civil pensioners who are over 80 years of age on July 1st, 2023.

Under this Scheme, pension is granted to women of 58 years of age and above and to men of 65 years of age and above. The maximum income for eligibility under the scheme is Rs. 2000/- p.m. for single beneficiary and Rs.

The amount of pension is 50% of the emoluments or average emoluments whichever is beneficial. Minimum pension presently is Rs. 9000 per month. Maximum limit on pension is 50% of the highest pay in the Government of India (presently Rs. 1,25,000) per month. Pension is payable up to and including the date of death.

This scheme has been launched by the government of Punjab in order to provide pensions to elderly citizens of Punjab. For those citizens whose age is between 60 years to 79 years pension of Rs 200 per month will be provided and for those people whose age is above 80 years pension of Rs 500 per month will be provided.

Under Punjab Old Age Pension Scheme, Government of Punjab will provide monthly financial assistance as a pension to all eligible beneficiaries. Monthly Pension of Rs. 1,500/- per Month will be provide to old age people of Punjab under Old Age Pension Scheme. 58 Year or Above for Women Beneficiary.

Old Age Security (OAS) pension amounts - July to September 2023 AgeMaximum monthly payment amountYour annual net world income in 2022 must be65 to 74$698.60Less than $134,62675 and over$768.46Less than $137,331