BCCI Pension Scheme Explained: Monthly Pension of Retired Cricketers and Yearly Hike Details
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Indian cricket has seen several retirements recently, with Cheteshwar Pujara being the latest to bid farewell. Beyond the glory of international and domestic cricket, financial security after retirement becomes vital for players. To address this, the Board of Control for Cricket in India (BCCI) provides a pension scheme that ensures steady income support for retired cricketers, umpires, and even women players.
Pension Scheme Overview
The BCCI pension plan was introduced to support former players who dedicated years to the game. It offers a fixed monthly amount, determined by factors like the number of matches played, format, and level of participation. This ensures that both international and domestic players have some financial backing post-retirement.Age-Based Pension Increase
Age plays a significant role in the pension structure. Once a retired cricketer crosses the age of 60, their pension is revised upwards, ensuring better financial stability during later years. This feature makes the scheme adaptive to players’ changing needs with age.You may also like
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No Annual Hike, But Periodic Revisions
Unlike corporate pension plans that increase annually, the BCCI pension does not see yearly increments. Instead, revisions are made periodically. Over the years, the board has revised pension amounts multiple times to help former players cope with inflation and rising living costs.Eligibility Criteria
The scheme is not restricted to international cricketers alone. Players with long domestic careers are also eligible. Women cricketers are included in the pension structure, highlighting BCCI’s inclusive approach. In addition, umpires and senior officials benefit from special provisions.Pension Amounts After Revisions
In recent revisions, the BCCI has significantly raised pension payouts to reflect modern financial needs:- Test Cricketers: Pension raised from ₹37,500 to ₹60,000 per month.
- First-Class Cricketers: Pension increased from ₹15,000 to ₹30,000 per month.
- Senior Players: Pension revised from ₹50,000 to ₹70,000 per month.