Centre revises payouts: What has changed for RBI, NABARD and PSGICs employees or pensioners

The central government has approved significant wage and pension revisions for employees and pensioners of Public Sector General Insurance Companies (PSGICs) and NABARD, effective from August 1, 2022, and November 1, 2022, respectively. Additionally, RBI retirees will see their pensions enhanced by 10% from November 1, 2022, bolstering financial security for thousands.