No.7/5/2012-P&PW(F)/B
Ministry of Personnel, Public Grievances and Pensions
Department of Pension and Pensioners Welfare
Ministry of Personnel, Public Grievances and Pensions
Department of Pension and Pensioners Welfare
Lok Nayak Bhavan, Khan Market,
New De1hi-110 003, Dated the 26 August, 2016.
New De1hi-110 003, Dated the 26 August, 2016.
OFFICE MEMORANDUM
Subject : Extension
of benefits of ‘Retirement Gratuity and Death Gratuity’ to the Central
Government employees covered by new Defined Contribution Pension System
(National Pension System) — regarding.
The
undersigned is directed to say that the pension of the Government
servants appointed on or after 1.1.2004 is regulated by the new Defined
Contribution Pension System (known as National Pension System), notified
by the Ministry of Finance (Department of Economic Affairs) vide their
OM No.5/7/2003-ECB & PR dated 22.12.2003. Orders were issued for
payment of gratuity on provisional basis in respect of employees covered
under National Pension System on their retirement from Government
service on invalidation or death in service, vide this Department’s OM
No.38/41/2006-P&PW(A) dated 5.5.2009.
2.
The issue of grant of gratuity in respect government employees covered
by the National Pension System has been under consideration of the
Government. It has been decided
that the government employees covered by National Pension System shall
eligible for benefit of ‘Retirement gratuity and Death gratuity’ on the
same terms and conditions, as are applicable to employees covered by
Central Civil Service (Pension) Rule,1972.
3.
These orders issue with the concurrence of Ministry of Finance,
Department of Expenditure, vide their I.D. Note No.1(4)/EV/2006-II dated
29.07.2016.
4.
In their application to the persons belonging to the Indian Audit and
Accounts Department, these orders issue after consultation with
Comptroller and Auditor General of India.
5.
These orders will be applicable to those Central Civil Government
employees who joined Government service on or after 1.1.2004 and are
covered by National Pension System and will take effect from the same
date i.e. 1.1_2004.
sd/-
(Harjit Singh)
Director (Pension Policy)
(Harjit Singh)
Director (Pension Policy)
No comments:
Post a Comment