2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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5%
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20%
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30%
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67%
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Detailed explanation-1: -Central Government has approved the Indian Banks’ Association’s (IBA ) proposal to increase the family pension to 30% of the last salary drawn.
Detailed explanation-2: -(III) DEARNESS RELIEF 15 percent of the ‘Pay’ shall be the basic family pension. The Basic and additional family pension shall not be less than Rs. 6, 365/- per month and shall not be more than Rs. 13, 280/- per month.
Detailed explanation-3: -8.2 8.3 Family pension shall be calculated at a uniform rate of 30% of basic pay in all cases and shall be subject to a minimum of Rs. 3500/-p.m. and maximum of 30% of the highest pay in the Government.
Detailed explanation-4: -What are the bank employees pension rules? The family pension rises from a minimum of Rs 9, 284 per month to a maximum of Rs 35, 000. Earlier both the employer and employee contributed 10% of their basic salary in NPS. But now the employer or the employee can contribute 14% and the employee can contribute 10% to the NPS.