Due to the bad financial condition of Bharat Sanchar Nigam Limited (BSNL), the Central Government could not accept the demand for a pay revision. Therefore, the issue of pension revision has not been agreed to as on date.
In Parliament on 12.12.2019, Minister Shri Ravi Shankar Prasad replied in a written form to a question about the salary revision of BSNL employees as follows…
Pension revision of retired Bharat Sanchar Nigam Limited (BSNL) employees gets linked to the pay-revision of the serving employees inasmuch as pension is calculated on the basic pay which the retired employee was earning at the time of retirement. Pension may be revised if the said basic pay is revised on account of pay revision of serving employees.
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Since, Department of Telecommunications is the Administrative Department for BSNL, any pension revision proposal is to be piloted by the Department of Telecommunications for approval of the competent authority.
Due to poor financial condition of BSNL, it has not been possible for the Government to agree to the demand of pay revision. Hence, the issue of pension revision has also not been agreed to as on date.