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Pakistan will increase pensions of nationwide cricketers by Rs100,000

by Pakistan Latest News Update

LAHORE – Pakistan Cricket Board (PCB) on Thursday introduced a rise of Rs100,000 throughout all three pension classes underneath the PCB Gamers’ Welfare Coverage.

The rise means cricketers who’ve performed in 10 or much less Checks will now obtain a month-to-month pension of PKR142,000, gamers who’ve performed between 11 and 20 Checks will obtain PKR148,000 and gamers who’ve featured in 21 or extra Checks will obtain PKR154,000.

In a serious modification to the coverage, the PCB additionally introduced the pension might be transferred to the widow within the unlucky occasion of a Take a look at cricketer’s demise. Beforehand, the authorized heirs of the cricketer had been solely entitled to obtain a onetime cost equal to 12 months’ profit calculated in response to the bracket underneath which the pension was being paid to the cricketer.

The PCB Gamers’ Welfare Coverage was final up to date in January 2019. To make sure there have been no future delays within the improve within the pension quantities, the PCB additionally confirmed there might be an annual inflation improve.

PCB Chairman Ramiz Raja: “It offers me immense pleasure and happiness to announce the rise in pension quantities and different amendments to the PCB Gamers’ Welfare Coverage. With a former cricketer on the helm of Pakistan cricket affairs, the expectation was that I’ll all the time shield and take care of the pursuits and welfare of all current and previous cricketers. I’m delighted that I’ve been in a position to fulfill one other of my commitments and have amended the coverage in such a approach that there’ll now be an annual improve within the pension quantities.

“Whereas bettering the pension quantities, we now have additionally ensured safety for a cricketer’s widow. As a former cricketer, I do know and perceive the sacrifices of the households, significantly the spouses that enable cricketers to fulfil their ambitions and goals of representing their nation on the highest stage. I’m assured this incremental improve of the pension coverage will give a whole lot of peace and satisfaction to the cricketers in addition to their households.

“The PCB is an establishment that has a proud historical past of respecting and appreciating its cricketers. These amendments to the PCB Gamers’ Welfare Coverage are a testomony to our dedication and on behalf of this organisation, I as soon as once more guarantee all retired cricketers that we are going to proceed to assist them in any approach we will, be it by the PCB Gamers’ Welfare Coverage or the PCB Benevolent Fund, which exists to assist and assist cricketers dealing with monetary challenges and hardships.”

The newest modifications to the PCB Gamers’ Welfare Coverage will come into impact from 1 July 2022 and cricketers who’ve reached the age of 60 and above, will be capable to profit.

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