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Clarifications on the pay revision announced by the goi.

Truly, it was a policy decision and the details will come through the ugh to all states and universities in the country. Several of my kurta friends were wondering if the pensioners will get any benefit of this revision. The answer is a big yes. The catch is that the maximum pensionwill have a ceiling at Rs.60,000- or will not go beyond the pension of retired additional secretary of the state.
Secondly, the state will have to bear theadded expenses on account of the hike in pension.
Thirdly the state gov will announce that funds will be earmarked in 18-19 budget for the enhanced pay as well as pension of the univ teachers.
I presume that there will at least a hike of about Rs 10000- pm for the guys who retired as professors.. so let us all look forward to the govt to announce the decision..

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