The BCCI has announced an increase in the monthly pensions of former cricketers and umpires
The Board of Control for Cricket in India (BCCI) has made a significant cash announcement in support of former on-field personnel directly linked with the game. Former players (both men and women) and umpires’ monthly pensions will be increased by the cricket authority. This change will benefit around 900 employees.
Meanwhile, it has been revealed that this raise was a long-standing demand of the Indian Cricketers Association (ICA). At the same time, the reigning BCCI secretary Jay Shah revealed that around 75% of workers will now benefit from a 100% increase in their pensions.
The announcement comes just hours after the successful sale of a section of the broadcast rights for the Indian Premier League (IPL), which reportedly netted an estimated total of INR 44,075 crore for the following five years, from 2023 to 2027. Meanwhile, under the BCCI’s current pension scheme, all first-class cricketers who played 25 to 49 matches before the end of the 2003-04 season get given INR 15,000 per month. They are now eligible for INR 30,000 per month.
Meanwhile, players who have played 50 to 74 matches and 75 or more up to the end of the 2003-04 season get paid INR 22,500 and INR 30,000, respectively, under the current rules. They will now receive INR 45,000 and 52,500, respectively, under the amended pension plan.