Govt approves raising family pension of bank staff

New Delhi: The families of deceased bank employees will receive up to 30 per cent of the last drawn salary of the employee under the National Pension Scheme (NPS).

Contribution made by PSBs



for employee pensions under the National Pension Scheme has been hiked to 14 per cent from the earlier 10 per cent. So far, the pension under the scheme was capped at `9,284.