I am reproducing below copy of a news item which is self-explanatory. Can any of our Circle friends share a copy of the D.o.P & P. W. notification issued on this ? Thanks.

"Pension Hike Announced For Pre-2006 Central Government Retirees
Posted: 12 Apr 2016 10:05 PM PDT
New Delhi: Pre-2006 pensioners will now get a hike in pension, in addition to the arrears, as the Centre has done away with a provision of having 33-year service for earning full pension.

The Department of Pensions and Pensioners Welfare has decided that the revised consolidated pension of pre-2006 pensioners shall not be lower than 50 per cent of the minimum of the pay in the pay band and the grade pay even if they had served for less than 33 years at the time of retirement.

As per rules, a central government servant is entitled to receiving superannuation pension on completion of at least 10 years of service. With effect from January 1, 2006, pension is calculated with reference to average emoluments -- the average of the basic pay drawn during the last 10 months of service or last basic pay drawn whichever is higher.

Before 2006, for service of less than 33 years, amount of pension was proportionate to the actual service broken into completed half-year periods.

Several petitions were filed in Central Administrative Tribunal and in Supreme Court against this. "The arrears of revised pension would be payable with effect from January 1, 2006," said the government order issued on April 6.

All ministries have been asked to revise pension of all those pre-2006 pensioners who had rendered less than 33 years of service at the time of retirement. Revised Pension Payment Orders in all these cases may also be issued immediately, it said." more  

View all 10 comments Below 10 comments
This is applicable to those who have taken pre mature retirement or have retired with less that 33 years of service. more  
You are most welcome Mr. Das. It was my pleasure sir. more  
Besides the increase in DA/DR from 119% to 125%, which was already known , how this order would benefit the pre 2006 retiree or for that matter who retired even before implementing 5th Pay commission report. Kindly enlighten. more  
Shri P A cariappa-Thanks. more  
Dear Shri Bansal: Thanks a lot for sharing the full text of the O.M. more  
Post a Comment

Related Posts

    • Unfair practice by IT Deptt,

      I had filed my income tax return for the assessment year 2021-22 under section 139(1) i.e., filed on or before the due date, and claimed the refund of Rs. 5000 plus. The same was acknowledged by th...

      By Indu Bhushan Bhargava
      /
    • Income Tax Refund Delay

      I am a senior citizen and filed my return on the 18th Oct but till date (23rd Dec) I have not recd my refund. I have called their Helpline no also many times. They say they will lodge my complaint ...

      By Neeru Sood
      /
    • Senior Citizens retirement plans going for a toss

      For bank fixed deposits in India: 2016: 9.3% interest 2019: 8% interest 2021: 5.5% interest Senior citizens retirement plans must be under water unless they did enough ...

      By Aditi Jain
      /
    • New Income Tax Portal System

      God news. A lot of time has been vested. In the Court, it may be advised that any future such new thing must be tested in all respect and by all stakeholders, before the due date I.e. 31/03 in this...

      By Hasmukh Sangani
      /
    • Why income details must be given to broker

      Always wondered, why does an investor have to fill in income details with the broker? I buy shares if I have money. I do not need to have an income. And PAN number is a must. So why do you add this...

      By Aditi Jain
      /
    • Bad news for small savers

      There won't be any cut in interest rate of Small savings schemes . Yesterday's decision to lower the interest rate is REVERSED

      By Jayanti Natarajan
      /
    • Bad news for small savers

      Rates on small savings schemes reduced by 50-90 basis points. PPF in April-June quarter to earn you only 6.4% interest against 7.1% earlier. Senior Citizens Savings Scheme to earn on 6.5% now compa...

      By Vikram Gupta
      /
    • Secured earning for Senior Citizens

      I raised this point on earlier occasions also. No relief seen in any budget. I made a suggestion as follows: There are some schemes exclusively for the benefit of Senior Citizens like Se...

      By SN Sitaram
      /
    • Rounding off the amount in Bills

      Request guidance as to which is the appropriate circle & authority to whom i can complain regarding the below mentioned issue: Lately with many of my relatives and friends staying in Gurga...

      By Manas Hazarika
      /
    • Great news for seniors

      Senior Citizens (above 75 years) who get pension and interest income only are exempted from filing returns

      By Azam Yusuf
      /
    • The Govt salutes honest and compliant tax payers

      Recently our CBDT isued a press release saying it cannot punish compliant and honest tax payer by extending various due dates for the assessee who are dishonest, lazy and non compliant and our secu...

      By SUBHASH PARAKH
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)