7th Pay DA : जाने कितना बढ़ा महंगाई भत्ता
Good News – Dearness Allowance (DA) Increased from 1 July 2024
The department of Social Justice & Empowerment has informed that there is at present no proposal in that department for lowering the age of senior citizens. In a written reply to a question in the Lok Sabha, Minister of State in the Ministry of Personnel, Public Grievances and Pensions and Minister of State in the Prime Minister’s Office, Jitendra Singh said that Government employees are entitled to pension on retirement. There is also no proposal to increase or decrease the age of retirement of Central Government Employees, he stated.
The salient features of the pension entitlements of employees retiring from the Central Government are as under:
A Government servant retiring in accordance with the rules, after completing a qualifying service of not less than 10 years, is entitled to a pension @ 50% of his last pay or 50% of average emoluments for the last 10 months, whichever is more beneficial to him/her.
After completion of 80 years of age or above, additional pension @ 20% to 100% is payable to the retired Government servant.
A retired/retiring Government servant is entitled to, at his/her option, a lump sum payment, by commutation of a maximum of 40% of his/her pension.
On retirement, a Government employee is entitled to a retirement gratuity based on his/her emoluments and length of qualifying service.
On death of a Central Government pensioner, the family is entitled to a family pension the amount of which is 50% of the last pay for a period of seven years, or for a period up to the date on which the retired deceased Government servant would have attained the age of 67 years had he/she survived, whichever is earlier. Thereafter, the amount of family pension is 30% of his last pay. The amount of family pension is also increased by 20% to 100% after the family pensioner attains the age of 80 years and above.
The family of a Government servant, who dies while in service after having rendered not less than seven years’ continuous service, is entitled to a family pension 50% of the last pay for a period of ten years. Thereafter, the amount of family pension is 30% of his/her last pay.
Source – G Connect
Railway Employee (App) | Rail News Center ( App) | Railway Question Bank ( App) | (App) | Information Center ( App) |
This entry was posted in Retirement / Pensioners, World Employee
Railway Employee (App) | Rail News Center ( App) | Railway Question Bank ( App) | (App) | Information Center ( App) |
Anubhav Awards Scheme, 2024 For Central Government employees
Good News – Dearness Allowance (DA) Increased from 1 July 2024
Policy regarding construction of Sainik Rest Houses/Integrated Sainik Complexes.
CBI ARRESTS SR. MARKETING OFFICER OF DIRECTORATE OF MARKETING & INSPECTION
8th Pay Commission Likely to Be Discussed in November, As per JCM #8th_Pay_commission
Anubhav Awards Scheme, 2024 For Central Government employees
मेजर जनरल हर्ष छिब्बर ने कॉलेज ऑफ डिफेंस मैनेजमेंट, सिकंदराबाद के कमांडेंट का पदभार ग्रहण किया
KNOW ABOUT – RETIREMENT BENEFITS
जाने एन पी एस (NPS) अर्थात नेशनल पेंशन सिस्टम के सामान्य बातें
Transfer Policy for Postal Civil Wing officers and officials — Issue of Guidelines.
मेजर जनरल हर्ष छिब्बर ने कॉलेज ऑफ डिफेंस मैनेजमेंट, सिकंदराबाद के कमांडेंट का पदभार ग्रहण किया
NPS – Permission for keeping of securities as margin with the CCIL for margin requirements-reg.
जाने एन पी एस (NPS) अर्थात नेशनल पेंशन सिस्टम के सामान्य बातें
Are you sure you want to delete this element?
Close