Thursday, October 27, 2022

                                           COMMUTATION : PENSION

Govt of India Ministry of Personnel, PG & Pensions vide Office Memorandum 42/15/2022-P&PW(D)/4 and 5 dated 25th Oct 2022 has  clarified  that  in accordance with Rule 5 of CCS  (Commutation of Pension) Rules, 1981 a  Government  servant  can commute for a lump-sum payment of an amount not exceeding 40 per cent of his pension. The amount of pension so commuted is deducted from subsequent monthly pensions.

It is clarified that commuted amount of pension is not required to be deducted from family pension and family pension shall be paid in full.

President/Secretary,

9871351203, 9212252627/9560084477

No comments: