Revision of commuted pension for Railway employees who had drawn lumpsum payment on absorption in PSUs

Railway Board Letter No
F(E)III/2005/PN1/23 dated 30/04/2013
Date
RBE No
42/2013

Sub: Revision of 1/3rd commuted portion of pension in respect of Government  servants who had drawn lumpsum payment on absorption in Central Public Sector    Undertakings/Central Autonomous Bodies – stepping up of notional full pension w.e.f. 24.09.2012

A copy of Department of Pension and Pensioners’ Welfare (DOP&PW)’s O.M. is enclosed for information and compliance. These instructions will apply mutatis mutandis on the Railways also.

2.         A concordance of DOP&PW’s instructions referred to in the enclosed O.M. and Railway Board’s corresponding instructions is given below :-

Sl.No.

DOP&PW’s instructions

Railway Board’s Corresponding instructions

1

O.M. No. 38/37/08-P&PW(A) dated 01.09.2008

Letter No. F(E)III/2008/PN1/12 dated 08.09.2008.

2

O.M. No. 4/38/2008-P&P W(D) dated 15.09.2008

Letter of even number dated 22.09.2008.

3

O.M. No. 38/37/08-P&PW(A) dated 28.01.2013

Letter No. F(E)III/2008/PN1/12 dated 11.02.2013.

4

O.M. No. 38/37/08-P&PW(A) dated 13.02.2013

Letter No. F(E)III/2008/PN1/12 dated 17.04.2013.

3. Please acknowledge receipt.

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F.No.4/38/2008-P&PW(D)

GOVERNMENT OF INDIA

MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES & PENSIONS

DEPARTMENT OF PENSION & PENSIONERS' WELFARE

3 rd Floor Lok Nayak Bhawan,

Khan Market, New Delhi-110 003.

Dated the 3rd April, 2013.

OFFICE MEMORANDUM

Sub:  Revision of 1/3rd commuted portion of pension in respect of Government servants who had drawn lumpsum payment on absorption in Central Public Sector        Undertakings/Central Autonomous Bodies – stepping up of notional full pension   w.e.f. 24.09.2012

 

            Orders for revision of 1/3rd restored pension of absorbees, who had drawn lumpsum payment on absorption, were issued vide this department O.M. of even number dated 15.09.2008. As per para 2A of the said OM, the full pension of the absorbees was notionally revised w.e.f. 1.1.2006 in accordance with the instructions contained in this department O.M. No. 38/37/08-P&PW(A) dated 1.9.2008. The payment of DR and additional pension to old pensioners is regulated on the basis of the notional full pension.

2.         Instructions have been issued vide this Department’s O.M. No. 38/37/08-P&PW(A) dated 28.1.2013 for stepping up of the pension of pre-2006 pensioners w.e.f. 24.09.2012. Accordingly, the notional full pension of the absorbee pensioners would also be stepped up w.e.f. 24.09.2012 in accordance with the instructions contained in the aforesaid OM dated 28.1.2013. No arrear of DR and additional pension on notional full pension would be payable for the period prior to 24.09.2012.

3.         Instructions have been issued on issuance of revised authority in respect of pre-2006 pensioners vide this Department OM No. . 38/37/08-P&PW(A) dated 13.02.2013. These instructions will also be applicable for issuance of revised authority in respect of absorbee pensioners.

4.         This issues with the concurrence of the Ministry of Finance , Department of Expenditure, vide their ID. No. 1(5)/E.V/2012 dated 15.03.13 and with concurrence of office of CAG, vide their ID. No. 26-Staff Hak(rules)/4-2013 dated 25.03.2013.

 (sd-)

(Harjit Singh)

Deputy Secretary to the Govt. of India

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