NPS Retirement Benefits for Subscribers What shall be my benefits, if I retire/ superannuate from NPS? Retirement/ Superannuation — Minimum Annuitisation- 40% of accumulated wealth. Maximum Lump Sum Withdrawal- 60% of accumulated wealth. The Subscriber may choose to purchase an annuity for an amount greater than 40 percent also. If the accumulated pension wealth of the … [Read more...]
Merger of Dearness Allowance with the Basic Pay of Running Staff for granting retirement benefits
Merger of Dearness Allowance with the Basci Pay w.e.f. 01.04.2004 – computation of emoluments of Running Staff for granting retirement benefits GOVERNMENT OF INDIA MINISTRY OF RAILWAYS RAILWAY BOARD E(P&A)II-2012/DC/JCM/1 New Delhi, Dated 17.10.2016 The General Secretary, NFIR, 3, Chelmsford Road, New Delhi – 110055 Sub: Merger of Dearness Allowance with the Basic … [Read more...]
Instruction for implementing court orders regarding grant of retirement benefits
Instruction for implementing court orders regarding grant of retirement benefits Controller General of Defence Accounts Ulan Batar Road, Palam, Delhi Cantt — 110 010 No.LC/3024/Court/Misc. Dated: 08-01-2016 To All PCsDA/PCsA/PIFA CsDA/CsFA/IFA Subject: Instruction for implementing court orders regarding grant of retirement benefits-regarding Please find enclosed a … [Read more...]
Revision of pension of pre 2006 pensioners – Important Clarification
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE CENTRAL PENSION ACCOUNTING OFFICE TRIKOOT-11, BHIKAJI CAMA PLACE, NEW DELHl-110066 CPAO/IT &Tech/Revision Pre-2006 /2015-16/1331-1483 21.09.2015 Office Memorandum Subject: – Revision of Pensions of Pre-2006 Pensioners. Ref:- CP AO OM NO.CPAO/Tech/Pre-2006 Revision/2015-16/708·855 date … [Read more...]