On Monday, June 13, the Board for Control of Cricket in India (BCCI) announced an increase in monthly pensions for retired cricketers, both men, and women, as well as former umpires.
Sourav Ganguly, head of the world’s richest cricket board, stated that it is critical to look after the money of the cricketers and umpires.
“It is critical that our former cricketers’ financial well-being is taken care of. The players continue to be the lifeline, and it is our responsibility as a Board to stand at their side once their playing days are gone. The umpires have been unsung heroes, and the BCCI sincerely appreciates their work,” Ganguly stated.
Jay Shah in a tweet stated “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”.
Arun Singh Dhumal, BCCI Honorary Treasurer, said, “Whatever the BCCI is today, it is because of the commitment of its past players and umpires. We are glad to announce an increase in monthly pensions as a gesture to our former cricketers’ well-being.”
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 received INR 15,000 per month. They are now eligible for INR 30,000 per month.
Meanwhile, those who have played 50 to 74 matches under the current regime would be rewarded between INR 22,500 and INR 30,000. They will now receive INR 45,000 and 52,500, respectively, under the amended pension plan.