PCB announces raise in former cricketers' pension

PCB announces raise in former cricketers’ pension

The Pakistan Cricket Board has announced a one-lac rupee increase in the pension for former Test players aged 60 and over.

𝗕𝗜𝗚 𝗔𝗡𝗡𝗢𝗨𝗡𝗖𝗘𝗠𝗘𝗡𝗧: Ramiz Raja unveils revised PCB Players’ Welfare Policy with increase in former cricketers’ pension amounts and annual inflationary increases. 👏 pic.twitter.com/xobc9JuItl
— Pakistan Cricket (@TheRealPCB) May 19, 2022

The increase, which will take effect on July 1st, will be applied to all three pension categories under the PCB Players’ Welfare Policy, according to a statement from the PCB.

Players who have played 10 or fewer Test matches, 11 to 20 Test matches, and 21 or more Test matches would get monthly compensations of 142000, 148000, and 154000 rupees, respectively, according to the PCB.

The widows of late cricketers will get their pensions. Previously, the players’ legal heirs were only entitled to a single payment equal to a year’s worth of benefits based on their bracket.

PCB Players’ Welfare Policy revised. Major changes include:

• Former cricketers’ pensions increased by PKR100,000
• Transfer of pensions to widows in the unfortunate event of a player’s demise
• Annual inflationary increase in pensions

Read more ⤵️https://t.co/oY5cg0JZmZ
— PCB Media (@TheRealPCBMedia) May 19, 2022