7th CPC recommends the existing 15 years period for Restoration of Basic Pension to continue
The Commission has received a number of representations requesting reduction of restoration period of commuted portion of basic pension from the existing 15 years to 12 years.
Analysis and Recommendations
The Commission notes that prior to V CPC the commutation allowed was one-third. However, there was no restoration. The Supreme Court, vide their judgement dated 09.12.1986, allowed restoration of pension after 15 years. The Supreme Court in its judgement specifically stated that though the amount is recovered in 12 years, yet since there is a risk factor and some of the states are restoring pension after 15 years, the period of restoration is fixed at 15 years. The V CPC in its recommendation increased the percentage of commutation to 40 percent and recommended restoration period at 12 years. But the reduction of restoration period was not accepted by the government. The VI CPC did not recommend any change in the maximum percentage of commutation allowed or in the period of restoration. This Commission also does not recommend any change either in the maximum percentage of commutation or in the period of restoration.
Also checkout following for more topic wise details on 7th Pay Commission Report
- Payment of arrears on ad-hoc basis of pay to Defence Forces
- Who are entitled to 7th Pay Commission additional Bunching increment ?
- 7th Pay Commission Latest News – Increase in Basic Pay meagre but expected gains out of other compensation, a solace
- 7th Pay Commission – Revision in 7th CPC report expected to be made by Empowered Committee
- 7th Pay Commission News – Who are to be benefited more in terms of higher pay ?
- 7th Pay Commission report on DA, CEA, FPA, NPA, OTA and other Allowances
- 7th Pay Commission Report on Leave Encashment of Earned Leave
- 7th Pay Commission Latest News – Issues to be addressed
- Family Planning Allowance be abolished – 7th Pay Commission
- 7th Pay Commission’s Report on Leave Travel Concession (LTC)
- 7th Pay Commission’s suggestions on NPS
- 7th Pay Commission Report to be processed by Empowered Committee – Finance Ministry Order
- Heads of NDC, NDA and DSSC institutions should be upgraded to Apex Scale – 7th Pay Commission
- JPA, SPA, Off-set Machine Operator, Machine Man and Electrical Supervisor to get higher grade pay – 7th CPC Recommendations
- Store Keeper (Tech) and Asst Store Keeper to get higher grade pay – 7th CPC Recommendations
- Karnataka Pensioners associations views on 7th Pay Commission Report
- Assistant Research Officer and Senior Research Assistant of CWC to get next higher Grade Pay – 7th Pay Commission
- Comparison of Pay between Central Government Civilian and Defence Forces Officers
- Higher Grade Pay for Railway Commercial clerk, Reservation Clerk and ticket checking staff
- Assistant Station Master (ASM) to get higher grade pay and upgraded to SM – 7th CPC Recommendations
- Sub Inspectors and Inspectors of CBI to get higher grade pay – 7th CPC Recommendations
- IB ACIO-II and ACIO-I to get higher Grade Pay – 7th Pay Commission
- Senior Technical Assistants to get higher grade pay – 7th CPC Recommendations
- 7th Pay Commission Recommendations for Pensioners
- Junior Agriculture Assistant to get higher grade pay – 7th CPC Recommendations