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Retirement Benefits of Officials of DoT/BSNL:
Pension/Family Pension
Pension rules may be called as Central Civil Services (Pension Rules 1972). Pension granted may be of following kinds:
Superannuation Pension: Retired on attaining the age of 60years.
Retiring Pension: When an official opt to retire prior to the date of superannuation.
Invalid Pension: May be granted on account of any bodily / Mental infirmity or on submitting medical certificate of capacity.
Compulsory Retirement Pension: Compulsorily retired as a penalty.
Compensation Pension: Owing to the abolition of permanent post or of accepting another appointment on such pay.
Pension on absorption in or under a corporation, company or body.
Compassionate allowance: Consideration on dismissal or removal from service.
Family Pension: Due to death of an official.
Regulation of Pension Amount
Pension amounts regulated on the basis as under:
Qualifying service - Service rendered while on duty.
Commences from the date of joining initially substantially/officiating or temporarily capacity followed without interruption by substantive appointment. Probation period, pre-retirement Civil Service of a re-employed pensioner will count as qualifying service if he refunds drawn pension, gratuity and commuted value, all leaves from which leave salary payable including EOL on M.C., training period.
Non-Qualifying Service
Service rendered before attaining the age of 18 years, EOL w/o M.C., suspension, any interruption in service which remains uncontained and any period for which leave salary has not been paid. Three months and above but less than 6 month period as on half-yearly period.
Pay Regulation
The emoluments drawn dividing last 24 months may be verified in order to ensured that the emoluments drawn during last 10 months have been correctly shown in service book for the purpose of average emoluments.
Average Emoluments - average of the emoluments drawn during the last ten month of service.
This shall be determined with reference to the emoluments drawn during the last 10 months. If during these 10 months, there is any period of absence or suspension which does count as service, such period of leave or suspensions shall be desecrated in the calculation of average emoluments and equal period before 10 months shall be included.
Benefits of revised pay as on 1.1.1996 - Extended to those officials whose period of average emoluments include year 1995 also (April'1995 to 31st Dec'1995).
Formula for Pension Calculations
50% of average emoluments on completion of 33 years of qualifying service. Proportionate pension if qualifying service is less than 33 years. The minimum amount of pension will be Rs. 1,275/- per month while the maximum amount of pension would be Rs. 15,000/- per month.
Additional Info
Commercial Employment after Retirement: Any pensioner who was a member of Central Service group-‘A’ can’t accept commercial employment within two years of his retirement without seeking permission from the Govt. The application will be in prescribed Form 25. Otherwise his whole or a part of pension may be withheld.
Identity Cards to Pensioners: On request of pensioner, laminated Identity Cards may be issued and its cost will be borne by the pensioner.
Payment of Pension by MO: Pension up to Rs 1,500=00, excluding dearness relief, may be remitted by Money Order at Govt.’s cost at the request of the pensioner.
Retirement benefits can be paid through in crossed cheque/demand draft: Retirement or the Death Gratuity, withheld amount of Retirement or Death gratuity up to Rs 10,000=00 may be made by cheque/demand draft in favour of the pensioner.
Family: (a) Pension regards wife/husband, judicially separated wife/husband, son who has not attained the age of 25 and unmarried daughter who has not attained the age of 25. Legally adopted son/daughter is also eligible or date on which son/daughter starts earning livelihood. (b) DGRG regards including above stepsons/daughters, widowed daughters including stepdaughter and adopted daughters, father/mother including adoptive parents in the case of individuals whose personal law permits, brother below the age of 18 years including stepbrothers, widowed sisters including stepsisters, married daughters.
Gratuity (DCRG)
Gratuity granted is of two kinds as explained below:
Retirement Gratuity: One fourth of emoluments (Last Pay+DA) on the date of retirement for each completed six monthly period of qualifying service subject to a maximum of 16.5 times the emoluments on retirement or completion of 5 year qualifying service.
Death Gratuity: Death Gratuity is granted when a Govt. servant dies while in service according to the following rates -
Length of Service Death Gratuity payable to family
Less than 1 year 2 times of Emoluments.
Between 1 ~ 5 years 6 times of Emoluments.
Between 5 ~ 20 years 12 times of Emoluments.
More than 20 years Half of emoluments for every completed six-monthly period of qualifying service subject to a maximum of 33 times emoluments of Rs. 3.50 Lakhs, whichever is less.
Service Gratuity: It is half month's emoluments for every six monthly period of qualifying service; applicable in cases where a govt. servant hasn't completed full 10 years of qualifying service.
Commutation
Maximum of 40% of monthly pension may be commuted for getting lump-sum payment (commuted value). The formula for its calculation is:
Commuted Value = Commutation Factor x 12 x Portion of Pension offered for commutation.
Commutation Table for a Pension of Rs. 1 per Annum
Effective from March, 1971
Age next birthday Commutation value expressed as number of year's purchase Age next birthday Commutation value expressed as number of year's purchase Age next birthday Commutation value expressed as number of year's purchase
17 19.28 40 15.87 63 9.15
18 19.20 41 15.64 64 8.82
19 19.11 42 15.40 65 8.50
20 19.01 43 15.15 66 8.17
21 18.91 44 14.90 67 7.85
22 18.81 45 14.64 68 7.53
23 18.70 46 14.37 69 7.22
24 18.59 47 14.10 70 6.91
25 18.47 48 13.82 71 6.60
26 18.34 49 13.54 72 6.30
27 18.21 50 13.25 73 6.01
28 18.07 51 12.95 74 5.72
29 17.93 52 12.66 75 5.44
30 17.78 53 12.35 76 5.17
31 17.62 54 12.05 77 4.90
32 17.46 55 11.73 78 4.65
33 17.29 56 11.42 79 4.40
34 17.11 57 11.10 80 4.17
35 16.92 58 10.78 81 3.94
36 16.72 59 10.46 82 3.72
37 16.52 60 10.13 83 3.52
38 16.31 61 9.81 84 3.32
39 16.09 62 9.48 85 3.13
The table shown above is based on the interest rate of 4.75% per annum. The commuted portion of the pension gets restored only after 15 years.
CGEGIS
CGEGIS is being paid on the basis of table supplied by directorate every year. In case of death during service, an insurance cover as per cadre is also payable along with amount under saving fund as per table.
Leave Encashment
Leave Encashment is payable for a maximum of 300 days of Earned Leave (EL). It equals to Last Pay drawn+DA.
General Provident Fund
Permanent or the Temporary Govt. Employees are eligible to subscribe a minimum of 6% of emoluments and a maximum of total emoluments. Emoluments mean pay excluding the D.A. Recovery should be stopped before 3 months of improvement.
Nominations
Only members of the family can be nominated. If having no family, then the govt. employee can be nominative to any person or persons including a Company or Associates, Body of individuals or a charitable or other such trust or fund. Fresh nomination would cancel the previous nomination.
Final Payment
GPF final payment will be made when the subscriber -
Retires from service/permitted to retire or declared by a competent Medical Authority to be unfit for further services.
Proceeds on leave preparatory to retirement.
Quits service.
Is dismissed or removed from services.
Annual Rate of Interest of GPF
1999~2000: 12%
2000~2001: 11%
2001~2002: 9.5%
2002~2003: 9.0%
2003~2004: 8.0%
Deposit Linked Insurance Scheme
When a GPF subscriber dies after having put in five years service, the person receiving the fund balance will be paid an additional amount if the balance at credit had not fallen below the under mentioned limits at any time during the 3 years preceding the month of death:
Maximum of Scale Minimum Monthly Balances
Rs. 12,000/- or more Rs. 25,000/-
Rs. 9,000/- or more Rs. 15,000/-
Rs. 3,500/- to Rs. 8,999/- Rs. 10,000/-
Below Rs. 3,500/- Rs. 6,000/-
In case of missing employees payments can be made to the nominee/legal hairs after expiry of a period of seven years on production of proper proof of death or a decree of the Govt.
Leave Salary Contribution
Rate of Leave Salary Contribution
1. Three monthly rate of leave salary contribution in respect of all classes of Government servants governed by the Central Civil Services (Leave) Rules is 11% of pay drawn in foreign service.
2. If the foreign employer pays contributions, the percentage is applied to the pay actually drawn in foreign service.
3. If the contributions are paid by the Government servant himself, the percentage is applied to the net pay drawn during foreign service. Net pay means the pay that would be left after meeting the pension and leave salary contributions. In such cases, the percentage of leave salary contribution is not applied directly on the actual pay drawn during foreign service, but an element of compensation is taken into account for both the contributions before the percentage for leave salary contribution is calculated.
4. Three types of cases may arise and three different formulae can be applied in such cases:
Where pension contribution alone is paid by the employee: L = (F - P) x (r/100)
Where leave salary contribution alone is paid by the employee: L = F x r/(100+r)
Where both the contributions are paid by the employee: L = (F - P) x r/(100+r)
Where L is the leave salary contribution, F is the pay actually drawn in foreign services, P is the pension contribution, and r is the rate of leave salary contribution.
Pension Contribution
According to G.I., M.F., O.M. No. F. 8 (4)1E. III/82, dated 15-2-1984, pension contribution payable during the active period of foreign service shall be based on the maximum of the pay as defined in FR 9 (11) plus dearness pay appropriate to such maximum plus interim relief appropriate to such maximum of the post held at the time of proceeding on foreign service or to which he may receive proforma promotion while on foreign service.
Since D.A. equal to 50% of basic pay is treated as Dearness Pay 1-4-2004 and will be taken into account for retirement benefits, pension contribution is to be worked out based on the maximum of the pay plus dearness pay appropriate to such maximum.
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