advocates pension scheme
17 January 2013
The Bar Council of India (BCI) launched an advocates pension scheme under which all advocates in Bihar with at least 30 years of practicing experience will get a monthly pension of Rs 5000, even if they are above 65 years of age.
To avail the benefit of the scheme, advocates under the age of 30 years will have to deposit a one-time fee of Rs 7,000, and those above the age of 30 years will have to deposit Rs 10,000 once with the BCI, as well as regularly purchase the BCI’s journals. [UNI]