BCCI announces increment in monthly pensions of former cricketers and umpires

The BCCI has announced a new pension structure for former cricketers and umpires

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BCCI. (Photo by Aniruddha Chowhdury/Mint via Getty Images)
Karthik Nair
KARTHIK NAIR

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The Board of Control for Cricket in India (BCCI) has made a huge financial announcement for the benefit of the former on-field staff members directly associated with the game. The cricket body has decided to increase the monthly pensions of former cricketers (both men and women) and umpires. This move is set to benefit around 900 personnel.

Meanwhile, it has also been learned that this increment was one of the long-standing demands of the Indian Cricketers Association (ICA). At the same time, it has been confirmed by the reigning BCCI secretary Jay Shah that around 75% of personnel will now enjoy the benefit of a 100% raise in their pensions.

I’m pleased to announce an increase in the monthly pension of former cricketers: Jay Shah

Taking to his official Twitter handle, BCCI secretary Jay Shah made an important announcement saying, “I’m pleased to announce an increase in the monthly pension of former cricketers (men & women) and match officials. Around 900 personnel will avail of this benefit and close to 75% of personnel will be beneficiaries of a 100% raise.”

Lauding the national cricket board’s move of providing increment to their pensioners, the BCCI president Sourav Ganguly said, “It is extremely important that the financial well-being of our former cricketers is taken care of. The players remain the lifeline and as a Board, it is our duty to be by their side once their playing days are over. The umpires have been unsung heroes and the BCCI truly values their contribution.”
The blockbuster announcement has been made just hours after the successful sale of a portion of the broadcast rights for the Indian Premier League (IPL) after reports surfaced that it garnered an estimated total of a staggering INR 44,075 crore for the next five years i.e. for the 2023-2027 cycle.

Meanwhile, all first-class cricketers who have played 25 to 49 matches up to the end of the 2003-04 season are paid INR 15,000 per month as per BCCI’s existing pension policy. They are now entitled to receive INR 30,000 per month.

Meanwhile, those who have played 50 to 74 matches and 75 and more up to the end of the 2003-04 season as per the existing policy are paid INR 22,500 and INR 30,000 respectively. Now, as per the revised pension structure, they will be getting INR 45,000 and 52,500 respectively.