Full pension to Railway employees retiring on or after 01-01-2006 - ALLCGNEWS

ALLCGNEWS

Central Government Employment News

Post Top Ad

24 August 2010

Home PENSIONERS RAILWAY Full pension to Railway employees retiring on or after 01-01-2006

Full pension to Railway employees retiring on or after 01-01-2006



PC-VI -- 223/2010
RBE No.118/2010
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS 
(RAILWAY BOARD) 
No. F(E)III/2008/PN1/13
New Delhi, dated 10.08.2010
The GMs & FA & CAOs,
All Zonal Railways & Production Units,
(As per mailing list).

Sub:     Admissibility of full pension to Railway servants retiring on or after 01.01.2006 - regarding.

***
1. Clarifications are being sought from this office by the Zonal Railway Administrations in connection with the revised instructions issued by the Department of Pension and Pensioners' Welfare regarding grant of full pension to Government servants retiring on or after 01.01.2006, and its applicability to those employees who are absorbed in Public Sector Undertakings/Autonomous bodies.

2.        It is informed that the Department of Pension and Pensioners' Welfare, vide their O.M. dated 10.12.2009, circulated on the Zonal Railways etc. vide this office letter of even number dated 15.12.2009, has dispensed with the linkage of full pension with 33 years of qualifying service with effect from 01.01.2006, instead of the earlier to pension cut off date of 02.09.2008. As such, all employees becoming entitled to pension on completion of 10 years of qualifying service in accordance with Rule 69(2) of the Railway Service (Pension) Rules, 1993, on or after 01.01.2006, are eligible for pension equal to 50% of the emoluments or average emoluments, whichever is more beneficial to them. With the issue of these instructions, the concept of pro-rata pension has ceased to exist with effect from 1.1.2006. This provision is equally to those employees who have been permanently absorbed in PSUs/Autonomous Bodies and have since become entitled to monthly pension in terms of the extant instructions.

3.          All the Zonal Railways etc. are, therefore, advised to settle the pending cases accordingly.

4.          Please acknowledge receipt.




s/d
(Sunil Bhardwaj)
Deputy Director Finance (Estt.)III
Railway Board.

for more details click here
Tags
Posted by at
TAGS ,

No comments:

Post a Comment

Feel free to drop your comments and suggestions

Subscribe to: Post Comments (Atom)

Disclaimer

The contents and information given in this blog are purely informative in nature and should not under any circumstances be taken as authority. Allcgnews blog may contain typographical errors in its contents. All efforts had been made to ensure accuracy of the content on this blog. The same should not be construed as a statement of law or used for any legal purposes. ALLCGNEWS accepts no responsibility in relation to the accuracy, completeness or otherwise, of the contents. Users are advised to verify/check any information with the relevant departments and to obtain any appropriate professional advice before acting on the information provided in the blog. We cannot guarantee the availability linked pages at all times.

Post Top Ad