7th Pay Commission additional Commutation – Option for Pensioners
7th Pay Commission Commutation to Kendriya vidyalaya Pensioners retired between 1st January 2016 to 4th August 2016
KENDRIYA VIDYALAYA SANGATHAN (HQ)
18. Institutional Area,
SaheedJeet Singh Marg
The Deputy Commissioner/Director,
Kendriya Vidyalaya Sangathan,
All Regional Offices/ZIETs,
Sub:- Implementation of the recommendation of the 7th CPC – Option regarding commutation of additional amount of pension.
It is to inform that Govt. of India vide its OM No. 42/14/2016-P&PW(G) dated 24.10.2016 has provided an option to the pensioners retired between 01.01.2016 to 04.08.2016, in relaxation of Rule 10 of CCS (Commutation of Pension) Rules,1981, not to commute the pension which has become additionally commutable on revision of pay/pension on implementation of recommendations of the 7th CPC.
The Govt. of India OM is also enclosed for ready reference.
End: As above
Assistant Commissioner (Finance)