The Pakistan Cricket Board (PCB) announced on Thursday a significant increase in pensions of cricket players.
The pensions in all three categories have been increased by Rs.100,000 under the PCB players’ welfare policy. “The players who have played 10 or less Tests will now receive a monthly pension of Rs.142,000 while players who have featured in 11 and 20 Tests will receive Rs.148,000,” the PCB said in a press release.
In a significant policy change, the PCB also announced that the pension will be transferred to the widow in the unfortunate event of the death of a cricket test player.
Previously, the legal heirs of the cricket player were only eligible for a one-time payment equal to 12 months of benefits calculated in accordance with the bracket under which the pension was paid to the cricket player,’ he added. Speaking on the occasion, PCB Chairman Ramiz Raja was pleased to take this step for the well-being of cricket players in Pakistan.
“It is with great pleasure and happiness that I announce the increase in the amount of pensions and other changes to the PCB players’ welfare policy”, said Raja. ‘’I am delighted to have been able to fulfill another one of my commitments and to have changed the policy in this way. As a result, there will now be an annual increase in pension amounts,’’ he added.