ReferIndia News Centre Approves Wage & Pension Revisions For PSU Insurers, NABARD & RBI Retirees

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Centre Approves Wage & Pension Revisions For PSU Insurers, NABARD & RBI Retirees

Published on: Jan. 23, 2026, 11:22 a.m. | Source: Free Press Journal

The government has approved wage revisions for employees of public sector general insurance companies & NABARD (effective 2022), along with pension enhancements for RBI & NABARD retirees. Around 46,322 employees, 23,570 pensioners & 23,260 family pensioners will benefit. PSGIC wages rise 12.41% with 14% basic pay hike & higher NPS contribution; NABARD sees 20 percent pay increase.

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