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Saturday, 31 August 2013

Additional pension for 80 year old retired Government officials

Additional pension for 80 year old retired Government officials


 Retired All India Services (IAS, IPS and IFoS) officials will get 20 per cent of additional pension after completing 80 years of age, according to new rules notified by the central government.

According to the amended rules, this extra pension will also be increased after every five years and retired bureaucrats will get 100 per cent of such additional benefits, other than the regular pension drawn by them, after they complete 100 years of age.

Such retired Government officials will get 20 per cent of additional pension after they complete 80 years of age, 30 per cent of after completing 85 years, 40 per cent after crossing 90 years of age, 50 per cent after reaching 95 years and 100 per cent of additional pension after completing 100 years of age, says the amended All India Services (Death-cum-Retirement Benefits) Rules, 1958.

The rules have been notified by the Ministry of Personnel, nodal authority to decide on personnel matters related to All India Services comprising Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFoS).

The changed rules provides the same benefits for the spouse or next of kin of a Government officials getting family pension.

As per norms, a retired Government official is entitled to get 50 per cent of average emolument as pension on the basis of last pay drawn.

Minimum pension presently is Rs 3,500 per month. Maximum limit on pension is 50 per cent of the highest pay in the Government of India (presently Rs 45,000 per month).

The amount of pension and rules vary on the basis of years of service of an employee and nature of retirement (voluntary or after reaching age of superannuation) among others.

Officials in the Ministry of Personnel said the changed rules may also be made applicable to other categories of Central Government employees.

Source:  thehindubusinessline.com
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