A complete reference blog for Indian Government Employees

Saturday, 7 April 2018

Current Pension rate of Contributory Provident Fund (CPF) Pensioners


Ministry of Finance
Current Pension rate of Contributory Provident Fund (CPF) pensioners

The Central Government employees who are covered by CPF Rules (India) 1962 and who retired on or after 01.01.1986 are not entitled to any monthly pension/ex-gratia amount. However, the Government employees under CPF who retired between 18.11.1960 and 31.12.1985 are entitled to monthly ex-gratia amount of the following rates:

S.
No
Group of Service to which CPF retirees belonged at the time of retirementEnhanced amount of basic monthly ex-gratia
1Group A ServiceRs. 3,000/-
2Group B ServiceRs. 1,000/-
3Group C ServiceRs. 750/-
4Group D ServiceRs. 650/-
5Widows and dependent children of the deceased CPF beneficiaryRs. 645/-

Dearness ex-gratia equal to 50% of the amount of ex-gratia and Dearness Relief, as notified from time to time as per 5th Central Pay Commission series, on the sums of amount of ex-gratia and dearness ex- gratia is being paid to them. There is no proposal to increase the aforesaid rates.
This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha today.

PIB
Share:

Featured post

Cabinet approves 7th Pay Commission recommendations

LIVE Update : Cabinet approves 7th Pay Commission recommendations: The pay panel had in November last year recommended 14.27 per ce...

Blog Archive

Google+ Followers

About The Author

My Photo
Cgnews Cg
All about Indian Government News. I have started a blog which covers all details about the Indian government News mostly the government orders will published. Take a look and enjoy :) http://indiangovernmentnews.blogspot.in/
View my complete profile