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Expected Salary and Pension Increases in Federal Budget 2024-25

The federal budget for 2024-25 will be presented on Wednesday, with an anticipated increase of 10 to 15 percent in the salaries of government employees. Similarly, a 10 to 15 percent increase in pensions for retired employees is also expected.

Each year, government employees and retirees from federal institutions and departments eagerly await the announcement of salary and pension increases. Amid rising inflation, government employees are hoping for a substantial increase in their salaries. Retirees, who have served the country with dedication, are also seeking a significant boost in their pensions.

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