Restoration of 1/3 commuted portion of pension of Government employees on absorption in PSU

Restoration of 1/3rd commuted portion of pension in respect of Government servants who had drawn lump sum payment on absorption in Central Public Sector Undertakings/ Central Autonomous Bodies

Ministry of Finance has issued an OM regarding Restoration of 1/3 commuted portion of pension of Government employees on absorption in PSU

restoration of commuted pension for psu absorbee

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF EXPENDITURE

TIKROOT-II, BHIKAJI, CAMA PLACE

NEW DELHI – 110066

CPAO/IT & Tech/Revision Pre-2006/2015-16/1769

03.03.2016

Office Memorandum

Subject.-Restoration of 1/3rd commuted portion of pension in respect of Government servants who had drawn lump sum payment on absorption in Central Public Sector Undertakings/ Central Autonomous Bodies-Stepping up of notional full pension w.e.f. 01.01.2006 for the purpose of Dearness Relief and additional pension for old pensioners.

Attention is invited to DP&PW OM No. 4/38/2008-P&PW (D) dated 17.02.2016 (copy enclosed) on the captioned subject.

All Pr. CCAs/CCAs/CAs and Accountants General/ Administrators of UTs are requested to take up the revision of pensions of these pensioners on priority basis. A list containing Ministry/ PAO wise number of such cases is enclosed herewith Further, the list of PPO numbers of such cases are already provided on CPAO’s website for downloading by respective offices by using login and password provided by CPAO.

Apart from above cases, some more cases falling under above category may also come to the notice for revision of pension by Ministries/Deptts. In this context, Pay & Accounts Offices may check their records for any such additional cases requiring revision.

All Pr. CCAs/CCAs/CAs/ Administrators of UTs and Accountants General may issue necessary instructions to their PAOs dealing with revision of pensions to take necessary action for revision of such cases on priority basis.

This issues with the approval of Competent Authority.

(Vijay Singh)

Sr. Accounts Officer (IT Tech)

Ph. No.011-26166758

 

Download CPAO/IT & Tech/Revision Pre-2006/2015-16/1769 dated 03.03.2016

No.4/38/2008-P&PW (D)

Government of India

Ministry of Personnel, Public Grievances & Pensions

(Department of Pension & Pensioners’ Welfare)

3rd Floor, Lok Nayak Bhawan

New Delhi-110 003.

Dated the 17th February, 2016

OFFICE MEMORANDUM

Subject-Restoration of 1/3rd commuted portion of pension in respect of Government servants who had drawn lumpsum payment on absorption in Contral Public Sector Undertakings/Central Autonomous Bodies -Stepping up of notional full pension w.e.f. 01.01.2006 for the purpose of Dearness relief and additional pension for old pensioners.

Orders for revision of 1/3rd restored pension of absorbees, who had drawn lumpsum payment on absorption, were issued vide this Department O.M. of even number dated 15.9.2008 as amended/ modified vide OM No.4/30/2010-P&PW(D) dated 11.07.2013. As per these memorandums, the full pension of the absorbees was notionally revised w.e.f. 01.01.2006 in accordance with the instructions contained in this Department O.M. No.38/37/08-P&PW(A) dated 01.09.2008. The payment of DR and additional pension to old pensioners is regulated on the basis of the notional full pension.

2. Instructions were issued vide this Department’s OM No.38/37/08-P&PW(A) dated 28.01.2013 for stepping up of the pension. of pre-2006 pensioners w.e.f. 24.09.2012. Accordingly, the notional full pension of the absorbee pensioners was also stepped up w.e.f 24.09.2012 in accordance with the instructions contained in the aforesaid OM dated 28.01.2013 vide this Department’s OM of even number dated 03.04.2013.

3. Instructions have now been issued vide this Department’s OM No 38/37/08- P&PW(A) dated 30.07.2015 for revision of pension/ family pension of all pre-2006 pensioners/ family pensioners in accordance with this Department’s OM dated 28.01.2013 with effect from 01.01.2006 instead of 24.09.2012. Accordingly. the notional full pension of absorbee pensioners would also be revised in accordance with the instructions contained in aforesaid OM dated 30.07 .2015 w.e.f. 01.01.2006 instead of 24.09.2012 and dearness relief and additional pension for old pensioners would be admissible on such revised notional full pension.

4. This issues with the concurrence of Ministry of Finance, Department of Expenditure vide their I.D. No.1(5)/EV/2012 dated 18.01.2016.

(Harjit Singh)

Deputy Secretary to the Govt. of India

#24624752

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