ALL VETERANS ARE REQUESTED TO SEE THE WEB SITE & GIVE YOUR VALUABLE COMMENTS/SUGGESTIONS

Types of Pensions - Armed Forces Pensions

, by indianmilitaryveterans

*Types of Pensions*

*Superannuation pension*

This is granted to a Government Servant who retires on attaining the age of Superannuation. (Rule 33 & 42 of the AP RPR Rules, 1980)

*Retiring Pension*

This is granted to a Government Servant who retires on completion of 33 years of service, or is retired, in advance of the age of Superannuation in accordance with provisions of Rule 43 & 44 of the AP Revised Pension Rules 1980. (Rule 34 of the AP RPR Rules, 1980)

*Pension on absorption*

This is granted on pro-rata basis to a Government servant who is permitted to be absorbed on completion of 10 years of qualifying service in a service or post in or under a corporation or company wholly or substantially owned or controlled by the Government etc., where such absorption is declared by the Government to be in public interest. No family pension is, however, payable. (Rule 35 of the AP RPR Rules, 1980)

*Invalid Pension*

This is granted to a Government servant who is declared by the appropriate medical authority to be permanently incapacitated for further service (Rule 37 of the AP Revised Pension Rules 1980)

*Compensation Pension*

This is granted to a  Government servant whose permanent post has been abolished (Rule 38 -subject to Rule 45- of the AP Revised Pension Rules 1980)

*Compulsory Retirement Pension*

A Government Servant compulsorily retired from service as a penalty may be granted by the competent authority, pension or gratuity or both at rate not less than two-thirds and not more than full compensation pension or gratuity or both admissible to him on the date of his compulsory retirement (Rule 39 of the AP RPR Rules, 1980)

Compassionate Allowance -A Government servant who is dismissed or removed from service shall forfeit his pension and gratuity. However if such case is deserving of special consideration, sanction of compassionate allowance may be granted to him not exceeding two thirds of pension or gratuity or both which would have been admissible to him if he had retired on invalid pension. (Rule 40 of the AP RPR Rules, 1980)Retirement on Completion of 20 years of Service - A government servant shall have the option to retire from service voluntarily after he has put in not less than twenty years of qualifying service subject to certain conditions (Rule 43 of the AP RPR Rules, 1980)

Retirement on Completion of 20 years of Service -A government servant shall have the option to retire from service voluntarily after he has put in not less than twenty years of qualifying service subject to certain conditions (Rule 43 of the AP RPR Rules, 1980)

Retirement on Completion of 33 years of Service -At any time after a Government servant has completed 33 years of qualifying service but before achieving 60 years of age, he may retire or may be required, by the appointing authority, to retire in public interest (Rule 44 of the AP RPR Rules, 1980)

*Family Pension*

(Rules 50 of the AP RPR Rules, 1980)

Family Pension is payable to the family of a Government servant who dies while in service or after retirement.

Family for the purpose of Family Pension means

 
Category - I

Wife / husbandSons/unmarried daughters including widowed/divorced daughters up to the date of his/her marriage/remarriage or till the date he/she starts earning or till the age of 25 years, whichever is the earliestSons/daughters who are physically/mentally disabled throughout their life subject to certain conditions

Category - II

Unmarried/widowed/divorced daughters and parents who were totally dependent on the Government servant while he was alive where the deceased employee left behind neither widow nor child. When unmarried/widowed/divorced daughters and parents are alive the family pension shall be paid first to the widowed/divorced daughters and then to the parents. Father precedes mother

Note: Category II members are eligible only after exhausting all members in Category I.

Family pension is normally payable only to one person at a time.

No nomination facility is available for family pension

If the son or daughter is suffering from any disorder or disability of mind or physically crippled or disabled so as to render him unable to earn a living even after the attaining the age of 21 years, family pension is payable for life subject to certain conditions.

Calculation of Family Pension - Family pension is calculated at two rates:

Enhanced Rate - Enhanced Rate of Family Pension is calculated at 50% of emoluments last drawn and in case of death after retirement, it is restricted to the pension admitted to the individual. The enhanced rate of family pension is payable for a maximum period of 7 years and not beyond the notional date on which the deceased would have attained the age of 65 years (Applicable only if service rendered is not less than 7 years)

E.g......

Normal Rate -- Normal Rate of Family Pension is calculated at 30% of the Emoluments last drawn. Family Pension resulting in a fraction when calculated, is rounded off to the next higher rupee.

*Anticipatory Pension*

Where the payment of pension has not commenced on due date after retirement, the Head of Office concerned, irrespective of the fact whether pension papers were sent to PAG or not, may sanction Anticipatory Pension subject to certain conditions. The sanction order should be invariably communicated to the PAG. The Anticipatory Pension should be adjusted in full from the final pension (Rule 51).

*Provisional Pension*

It is paid in cases of employees who are under suspension/against whom departmental or judicial proceedings are pending. The minimum provisional pension is 75% and it shall not exceed maximum pension which would have been admissible on the basis of qualifying service. Payment of provisional pension shall be adjusted against the final retirement benefits sanctioned upon conclusion of such proceedings. However no recovery shall be made where the pension finally sanctioned is less than provisional pension or pension is reduced or withheld permanently or for a specified period.

*CONTRIBUTORY PENSION SCHEME*

1] The employees who were recruited on or after 01-09-2004, a monthly contribution of 10% of the Basic Pay + DA from their salary shall
be credited to the Contributory pension scheme
[ G.O.Ms.No. 655 Finance(Pensions-I) Dept. dt. 22-9-2004]

2] No separate G.P.F.Account is required for persons who appointed after 01-09-2004 and who comes under Contributory Pension Scheme [ G.O.Ms.No. 655 Finance(Pensions-I) Dept. dt. 22-9-2004)

3] In all cases where an in-service employee who was covered under the earlier pension rules joins another organization/department where the same rules were applicable after submitting a technical resignation, such employee will be treated outside the purview of the C.P.S.
[Govt. Memo.No.21944/ 379/A2/Pen.I/2005.dt.26-09-2005]

0 comments:

Post a Comment

PCDA Circular 599 – 7th CPC Revision of Disability / War Injury Pension for Pre 01.01.2006 Defence Forces Pensioners

, by indianmilitaryveterans

Office of the Principal CDA (Pensions)
Draupadighat, Allahabad 211014

Circular No. 599

Dated : 05/06/2018.

To

1. The Chief Accountant, RBI, Deptt. Of Govt, Bank Accounts, Central Office C-7, Second Floor, Bandra- Kuria Complex, P B No. 8143, Bandra East, Mumbai-400 051.
2. All CMDs, Public Sector Banks.
3. The Nodal Officers, ICICI/HDFC/AXIS/IDBI Banks.
4. All Managers, CPPCs.
5. Military and Air Attache, Indian Embassy, Kathmandu, Nepal.
6. The PCDA (WC), Chandigarh.
7. The CDA (PD), Meerut.
8. The CDA Chennai.
9. The Director of Treasury, All States.
10. The Pay and Accounts Officer, Delhi Administration, R K Puram and Tis Hazari, New Delhi.
11. The Pay and Accounts Office, Govt of Maharashtra, Mumbai.
12. The Post Master Kathua (J&K).
13. The Post Master Camp Bell Bay.
14. The Principal Pay and Accounts Officer, Andaman and Nicobar Administration, Port Blair.

Subject : Implementation of Government decision on the recommendations of the 7th Central Pay Commission (CPC)-Revision of Disability / War Injury Pension for Pre 01.01.2006 Deference Forces Pensioners : Clarification Regarding.

Reference : This office Circular No. 582 dated 05.09.2017, Circular No. 585 dated 21.09.2017 and Circular No. 596 dated 09.02.2018.


–xx—

Of late complaints are being received from the pensioners that PDAs are not revising the pension of Pre-01.01.2006 retiree Armed Forces Pensioners in terms of Got, MoD letter No. 17(01)/2017(01)/D(Pen/Policy) dated 23.01.2018 (circulated vide this office Circular No. 596 dated 09.02.2018) under which method of re-computation of Disability/War Injury Element before applying the multiplication factor of 2.57 has been provided.

In view of the above, PDAs are requested to revise the Disability/War Injury Pension of Pre-01.01.2006 retired Armed Forces Personnel strictly in terms of GoI, MoD letter dated 23.01.2018 till receipt of Corr. PPO based on Notional Pay Fixation method. Cases in which PDAs are facing any difficulty to identify the pensioner, if any, as mentioned at Para 5 of Circular No. 596 dated 09.02.2018, the case may be forwarded to Audit Section of this office. The revision of such cases may be done on priority basis.

It is reiterated that where the disability of the pensioner was assessed as 50% in discharge cases, then it will be rounded to 75% as mentioned in Para -3 of the Circular No. 596. However, if the individual has already been given rounding off benefit through PPO (in invalid out cases) then rounding off benefit in such cases should not be given.

(Sushil Kumar Singh)
Jt. CDA (P)

No. Grants/Tech/7th CPC/0181/V
Dated : 05/06/2018.

0 comments:

Post a Comment

PF Withdrawal – Online EPF Withdrawal Procedure

, by indianmilitaryveterans

PF Withdrawal – Online EPF Withdrawal Procedure

PF or EPF is also called the Employee Provident Fund Scheme. It is one where the employees contribute a small portion of their remuneration i.e. 12% of their basic pay every month. A matching amount is contributed by the employer. Such contribution, together, form a corpus. This is to be used to fund the employee’s retirement. EPF withdrawal by employees can however be done earlier itself i.e. during the course of their employment. Such circumstances have been elaborated later in the article. Read our other articles on PF Claim Status, PF Balance Check, PF Transfer & PF Payment. Here, it would be relevant to mention that EPF organisation has made the allotment of UAN i.e. the Universal Account Number compulsory for all the employees covered under the PF Act.

UAN would be linked to the employee’s EPF account. The UAN remains portable throughout the lifetime of an employee and there is no need to apply for EPF transfer at the time of changing jobs. In this article we cover the following topics: When can EPF be withdrawn Procedure for EPF withdrawal Submission of a physical application Submission of an online application EPF WITHDRAWAL

1. When can EPF be withdrawn One may choose to withdraw EPF completely or partially. EPF can be completely withdrawn under any of the following circumstances: a When an individual retires from employment b When an individual remains unemployed for a period of 2 months or more. Here, it needs a mention that the fact that the individual is unemployed for more than 2 months has to be certified by a gazetted officer. Further, complete withdrawal of EPF while switching over from one job to another without remaining unemployed for 2 months or more(i.e. During the interim period between changing jobs), will be against the PF rules and regulations and therefore illegal. Partial withdrawal of EPF can be done under certain circumstances and subject to certain prescribed conditions which have been discussed in brief below: Sl No Particulars of reason for withdrawalLimit for withdrawalNo of years of service criteriaOther conditions 1 MarriageUp to 50% of employee’s share of contribution to EPF7 yearsFor the marriage of self, son/daughter, brother/sister 2EducationUpto 50% of employee’s share of contribution to EPF7 yearsFor the education of either himself or his children after class 10 3Purchase of land / purchase or construction of a houseFor land – upto 24 times of monthly wages plus Dearness allowance For house – upto 36 times of monthly wages plus Dearness allowance5 yearsThe asset i.e. land or the house should be in the name of the employee or spouse or Jointly. 4Home loan repaymentUpto a maximum of 90 %, from both employee’s contribution and employer contribution in Employee Provident Fund.10 yearsi. The property should be registered in the name of the employee or spouse or jointly ii. Withdrawal permitted subject to furnishing of requisite documents as called for by the EPFO relating to the housing loan availed, iii. The accumulation in the member's PF account (or together with the spouse), including the interest, has to be more than Rs 20,000. 5Renovation of houseUp to 12 times of the monthly wages5 yearsThe property should be registered in the name of the employee or spouse or jointly. 6A little before retirementUpto 90% of accumulated balance with interestOnce he reaches 57 years ( as per recent amendment)For himself

2. Procedure for EPF withdrawal Broadly, withdrawal of EPF can be done either by: Submission of a physical application for withdrawal Submission of an online application 1. Submission of a physical application For this, one can download the new composite claim (Aadhar)/ composite claim form (Non-Aadhar) from here :

The new composite claim form (Aadhar) can be filled and submitted to the respective jurisdictional EPFO office without the attestation of the employer whereas, the new composite claim form (Non-aadhar) shall be filled and submitted with the attestation of employer to the respective jurisdictional EPFO office. One may also note, that in case of partial withdrawal of EPF amount by an employee for various circumstances as discussed in the above table, very recently, the requirement to furnish various certificates has been done away with and the option of self-certification has been introduced for the EPF subscribers. Get a 45 minutes expert advisory session on Tax Plans starting from Rs. 999/- Procedure takes just 2 days Clarify all your tax & finance doubts Know more (For details, you can refer order dated 20.02.2017 of the EPFO by clicking here)

2. Submission of an online application Interestingly, the EPFO, has very recently come up with the online facility of withdrawal which has rendered the entire process easier and less time consuming. Prerequisite: To apply for withdrawal of EPF online through EPF Portal, make sure that following conditions are met: UAN (Universal Account Number) is activated and the mobile number used for activating the UAN is in working condition UAN is linked with your KYC i.e. Aadhaar, PAN and bank details along with the IFSC code. If the above conditions are met, then the requirement of an attestation of previous employer to carry out the process of withdrawal can be done away with.

Steps to apply for EPF withdrawal online:

Step 1: Go to the UAN portal by clicking here

Step 2: Login with your UAN and password and enter the captcha.

Step 3: Then, click on the tab ‘Manage’ and select KYC to check whether your KYC details such as Aadhaar, PAN and bank details are correct and verified or not.
Step 4: After the KYC details are verified, go to the tab Online Services’ and select the option ‘Claim’ form the dropdown menu.
Step 5: The ‘Claim’ screen will display the member details, KYC details and other service details. Click on the tab ‘Proceed For Online Claim’ to submit your claim form.
Step 6: In the claim form, select the claim you require i.e full EPF Settlement, EPF Part withdrawal (loan / advance) or pension withdrawal, under the tab ‘I Want To Apply For’. If the member is not eligible for any of the services like PF withdrawal or pension withdrawal, due to the service criteria, then that option will not be shown in the drop-down menu.

0 comments:

Post a Comment

CSD PRICE LIST

  • CSD-Price-List-for-Volkswagen-Cars---Post-GST-Rates