Sub: Revision of 1/3rd commuted portion of pension in respect of Govt. servants who had drawn lumpsum payment on absorption in Public Sector Undertakings/Autonomous Bodies – Implementation of Government’s decision on the recommendations of the 6th Central Pay Commission – regarding
A copy of Department of Pension and Pensioners’ Welfare (DOP&PW)’s O.M. No.4/38/2008-P&PW(D) dated 19th January,2010 on the above subject is enclosed for information and compliance. These instructions will apply mutatis mutandis on the Railways also.
A concordance of DOP&PW’s instructions referred to in the enclosed O.M. and Railway Board’s corresponding instructions is given below:
|
S. No. |
DOP&PW’s instructions |
Railway Board’s corresponding instructions |
|
1 |
O.M.No.34/2/86-P&PW dated 5.3.1987 |
Letter No.F(E)III/87/PN1/7 dated 26.3.1987 |
|
2 |
O.M.No.4/59/97-P&PW(D) dt. 14.7.1998 |
Letter No.F(E)III/96/PN1/9 dated 18.8.1998 |
|
3 |
O.M.No.4/79/2006-P&PW(D)dt. 6.9.2007 |
Letter of even number dated 20.9.2007 |
|
4 |
O.M.No.4/79/2006-P&PW(D) dt. 13.5.2008 |
Letter of even number dated 30.5.2008 |
|
5 |
O.M.No.38/37/08-P&PWA) dt. 1.09.2008 |
Letter No.F(E)III/2008/PN1/12 dt.08.09.2008 |
|
6 |
O.M.No.4/38/2008-P&PW(D) dt 15.9.2008 |
Letter of even number dated 22.09.2008 |
|
7 |
O.M.No.4/38/2008-P&PW(D)dt.27.05.2009 |
Letter of even number dated 01.06.2009. |
It is reiterated that the circulars on pension policy issued by Finance Directorate are also being uploaded on Railway’s website indianrailways.gov.in at the following location for information and necessary action of all concerned:
Railway Board Directorates Finance F(E)III CIRCULARS
Copy of Department of Pension and Pensioners’ Welfare (DOP&PW)’s O.M. No.4/38/2008-P&PW(D) dated 19th January, 2010
Sub: Revision of 1/3rd commuted portion of pension in respect of Govt. servants who had drawn lumpsum payment on absorption in Public Sector Undertakings/Autonomous Bodies – Implementation of Government’s decision on the recommendations of the 6th Central Pay Commission – regarding
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The undersigned is directed to say that the restorable 1/3rd pension of the Government servants who had drawn lumpsum payment in respect of pro-rata pension (1/3rd as well as 2/3rd) on absorption in PSUs/Autonomous Bodies and have become entitled to restoration of 1/3rd commuted portion of pension as per the provisions of this Department’s OM No.34/2/86-P&PW dated 5th March 87 after 15 years from the date of communication on 1.4.85 whichever is later, is regulated vide this Department O.M. No.4/59/97-P&PW(D) dated 14th July 1998, OM No.4/79/2006-P&PW(D) dated 6.9.07 and dated 13.5.08 as clarified from time to time.
In pursuance of Government’s decision on the recommendations of Sixth Central Pay Commission, instructions have been issued for revision of 1/3rd restorable pension of absorbees with effect from 1.1.2006 vide this Department’s OMs of even number dated 15.9.2008 and 27.5.2009.
The benefit of additional pension to old pensioners was regulated vide para 3 of this Department’s OM dated 15.9.2008. The matter has been reconsidered and it has been decided that in supersession of instructions contained in para 3 of this Department’s O.M. dated 15.9.2008, the quantum of additional pension available to old pensioners and Dearness Relief thereon shall be on full pension and regulated as per instructions contained in O.M.No.38/37/08-P&PW(A) dated 1.9.2008 as clarified from time to time.
This issues with the concurrence of Ministry of finance Department of Expenditure) vide their UO No.406/EV/2009 dated 21.12.209 and C&AG’s UO No. 1-Audit (Rules)/12-2009 dated 12.1.2010.