7th pay commission: This is what central government employees must do to claim pension; all you need to know in brief
7th pay commission: The Central government employees are entitled to get pension according to the 7th pay commission norms implemented across all the ministries and departments.
7th pay commission: The Central government employees are entitled to get pension according to the 7th pay commission norms implemented across all the ministries and departments. Significantly, many states have cleared the seventh pay commission report implementation in too. However, prior to her or his retirement or superannuation, central government employees should furnish certain information, including joint photo with spouse, family details, name of the branch of the authorized bank through which he desires to draw his pension etc., to his Head of Office in the prescribed Form No. 5, six months prior to the retirement date, according to pension policy norms given on the pension portal.
The portal further informs that the Head of Office is required to undertake the work of preparation of pension papers in Form No. 7 one year before the date on which a government servant is due to retire on superannuation. After complying with the requirements of CCS Pension Rules 59 & 60, the Head of Office needs to forward to the Pay & Accounts Officer Form 5 and Form 7 duly completed with a covering letter in Form 8 along with service book of the government servant.
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The said form should be duly completed up-to-date and any other documents relied upon for the verification of service, not later than six months before the date of retirement of the government servant, according to the portal.
Notably, the eligibility for pension requires a government servant to be appointed in a pensionable establishment on or before 31.12.2003 and he should retire from government service with a qualifying service of 10 years or more.
Pension is calculated at 50% of emoluments, your last pay, or average emoluments for the last 10 months, whichever is more beneficial to the retiring Government servant.