Central Govt Employees absorption PSU
Central Government Employees absorption PSU
Orders have been issued vide OM No. 4/34/2002-P&PW(D) dated 23.06.2017 and 21.07.2017 for extending the benefit of order dated 02.08.2007 of the Hon’ble Madras High Court and the Order dated 01.09.2016 of the Hon’ble Supreme Court to all similarly placed absorbee pensioners. Accordingly, all such absorbee pensioners who had taken 100% lump-sum amount in lieu of pension on absorption in PSUs / Autonomous Bodies in accordance with the then existing Rule 37-A and in whose case 1/3 pension had been restored after 15 years, are now allowed restoration of full pension after expiry of commutation period of 25 years from the date of payment of 100% lump-sum amount.
The absorbee pensioners whose full pension is restored in terms of the above instructions would also e entitled to revision of their pension in accordance with the instructions issued from time to time in implementation of the recommendations of the Pay Commissions, including the 7th Central Pay Commission.
Source: Pensioners Portal