No, the Central Government did not cancel pensions for Ex-MPs with assets more than 10 crores.

A post is being shared widely on social media with a claim that the Central Government cancelled pensions for Ex-MPs (Ex-Member of Parliament) who have more than 10 crores worth of assets. Let’s try to analyze the claim made in the post.

The archived version of the post can be found here.

Claim: ‘Central Government Cancels Pension for Former Ministers and Ex-MPs who have more than Ten Crores of assets’.
Fact: No, the Central Government did not cancel pensions for Ex-MPs who have more than 10 crores of assets. In ‘The Salary, Allowances and Pension of Members of Parliament Act, 1954’, it can be seen that Ex-MPs are entitled to get Rs 25,000 pension per month (and extra Rs. 2,000 per month for every year served in excess of five years). There is no rule specified in the Act that Ex-MPs with assets above a certain limit will not get pensions. Hence the claim made in the post is FALSE.

When searched for the news on Google with the keywords, ‘Pension for ex-MPs with 10 crore assets removed’, no relevant news regarding the Central Government’s decision to scrap pensions was found

To scrap the pensions being given to Ex-MPs, the Central Government should amend ‘The Salary, Allowances and Pension of Members of Parliament Act, 1954’. But, no such amendment was found in the Act. According to the Act, an Ex-MP is entitled to get Rs 25,000 pension per month (and extra Rs. 2,000 per month for every year served in excess of five years). There is no rule specified in the Act that Ex-MPs with assets above a certain limit will not get pensions. It can also be read in an order issued by Lok Sabha Secretariat recently that pension was increased from Rs. 20,000 to Rs. 25,000 in 2018.