CSD AFD Price List

  • Home
  • CSD AFD Price
  • Micro Oven
  • LED TV
  • Home Theater
You are here: Home / CG Employees News / Central Government Employees to Retirement Age – Rajyasabha Q&A
Blue Star CSD AFD Online Price 2021
CSD AFD Form for Purchase of Car
CSD AFD Car and Bike Price 2021
CSD Canteen Depot Timing

Central Government Employees to Retirement Age – Rajyasabha Q&A

December 21, 2018 1 Comment

GOVERNMENT OF INDIA
MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS
LOK SABHA
UNSTARRED QUESTION NO: 1549
ANSWERED ON: 19.12.2018

Senior Citizen Entitlement of Employees

RAVINDRA VISHWANATH GAIKWAD

Will the Minister of

PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS be pleased to state:-

(a) whether the Government has worked out a plan to lower the age of senior citizen entitlement of employees to 58 years;

(b) if so, the details thereof;

(c) whether the Government is contemplating to increase or decrease the age for pension;

(d) if so, the details thereof and if not, the reasons therefor; and

(e) the details of salient features of pension policy?

ANSWER
MINISTER OF STATE IN THE MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS AND MINISTER OF STATE IN THE PRIME MINISTER’S OFFICE
(DR. JITENDRA SINGH)

(a) to (d): No Madam. Department of Social Justice & Empowerment has informed that there is at present no proposal in that Department for lowering the age of senior citizen. Government employees become entitle to pension on retirement. There is also no proposal to increase or decrease the age of retirement of Central Government Employees.

(e): The salient features of the pension entitlements of employees retiring from the Central Government are as under:

i. 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.

ii. After completion of 80 years of age or above, additional pension @ 20% to 100% is payable to the retired Government servant.

iii. 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.

iv. On retirement, a Government employee is entitled to a retirement gratuity based on his/her emoluments and length of qualifying service.

v. 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.

Vi. 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.

Related posts:
  1. CG Employees For Retirement Benefits
  2. Salary/Pension to Retired Employees | LOK SABHA Q&A
  3. Review of Work Performance For Central Government Employees – LokSabha Q&A
  4. Change The Retirement Age Of CG Employees | Lok Sabha Q&A
  5. Women Employees Transfer & Working Areas in Central Government Services | Lok Sabha
  6. Information on ‘Retirement & Death Gratuity’
  7. Cash Deposited by the Central Government Employees During Demonetisation | Lok Sabha
  8. Important Steps to Take Before Retirement Details
  9. Financial planning for the Amounts Received at Retirement – Pre-Retirement Counseling
  10. 5th CPC : DA Order from January 2018 | Central Government Employees and Central Autonomous Bodies

Filed Under: CG Employees News Tagged With: CGE LATEST NEWS, Rajya Sabha Q&A, Retirement age




Royal Enfield CSD Dealer List 2021
Royal Enfield CSD Dealer List 2021
CSD AFD TATA Car Price List 2021 pdf
CSD Toyota Glanza AFD CSD Price 2021
CSD Renault Nissan Car AFD Price List 2021
CSD Voltas Air Conditioner AFD Price List 2021
Latest LG Refrigerator AFD CSD Price List 2021
Maruti Suzuki CSD AFD Price List 2021
Voltas AC CSD AFD Price List 2021

Comments

  1. D R Dave says

    December 21, 2018 at 5:49 pm

    Retd. date 31.may 19 wait for increase retd. age 60 to 62 for c. g. emp. but it maybe not

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Copyright © 2021 - 7thcpcorders.in