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Explainer On BCCI Pension Scheme: The world’s richest cricket board, the BCCI, pays its players a hefty salary. The board not only pays players handsomely but also provides rewards and match fees for their performances, which contribute to a substantial income for the players. But have you ever wondered if players receive any money from the BCCI after retirement? For your information, let’s know that the BCCI also provides pensions to its players after their retirement. However, how much this pension is and how is it decided to whom? Let’s explore this in detail in this article…

What is BCCI’s pension scheme?

The Board of Control for Cricket in India operates a monthly pension scheme to provide financial security to its former cricketers and umpires. The scheme aims to provide financial assistance to players who have contributed to Indian cricket. In 2022, the BCCI significantly increased the monthly pension under this scheme, benefiting approximately 900 former cricketers and umpires.

• Former male and female cricketers who have played at least one international match (Test/ODI/T20) for India
• Former first-class cricketer who fulfils the prescribed eligibility criteria.
• Eligible former umpire as per BCCI standards.
• The Indian Cricketers Association also plays an important role in matters to eligibility and membership.

How much pension does BCCI give?

In 2022, the BCCI revised its pension plan, increasing the pensions of former players and umpires. Or rather, doubling the amount. For example, players who previously received a monthly pension of ₹15,000 now receive ₹30,000. Those who previously received ₹30,000 now receive ₹52,500. Here’s a look at the difference between the previous and current pensions:

What is the pension criteria?

1- International Cricketer

Former male and female cricketers who have played at least 1 international match (Test, ODI or T20I) for India are eligible to receive pension and are given pension by the Board.

2. First-class cricketer

For men’s cricketers, a minimum of 10 first-class matches are required for membership of the Indian Cricketers’ Association (ICA). However, the BCCI’s monthly pension amount is determined by the number of first-class matches played and the corresponding period. Under the old rules, there were separate pension categories for players with 25–49, 50–74, and 75 or more first-class matches.

3. Women cricketers

Women players who have played international cricket for India are eligible. ICA membership for women first-class cricketers requires playing at least five first-class matches.

4. Former umpire

Eligible former BCCI Test umpires and certain other categories of former umpires also benefit from this scheme. Yes, after retirement, umpires are also provided a pension by the BCCI to help them financially.

Ajinkya Rahane is getting pension from BCCI

Former Indian cricket team star Ajinkya Rahane has retired from all forms of cricket. As a result, Rahane will now receive ₹70,000 per month under the Board of Control for Cricket in India (BCCI) pension scheme. This pension will continue for Rahane’s entire life, but there is a very important condition.

If Rahane joins the BCCI in any official capacity in the future, such as head coach of the national team, assistant coach, or takes on an administrative/selection role within the Board, his pension will be temporarily suspended as long as he holds that position and receives a regular salary from the Board. His pension will be restored as soon as he steps down from that position.

Medical insurance is available along with salary

In addition to the monthly pension, the BCCI also takes full care of the health of former players. Ajinkya Rahane and his family are eligible for a joint medical insurance scheme. Ajinkya Rahane will receive medical insurance coverage of up to ₹10 lakh. This health insurance benefit extends not only to the cricketer, but also to his wife and unmarried children under the age of 25.

How much pension do domestic cricketers get after retirement?

If a player retires after playing only domestic cricket and fulfills the criteria set by the BCCI, they can receive a pension ranging from ₹30,000 to ₹52,500 per month, depending on their category. The BCCI increased these amounts in 2022.