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Pension Rates under CPF

April 17, 2018 by admin Leave a Comment

Pension Rates under CPF

The Central Government employees who are covered by CPF Rules (India) 1962 and who retired on or after 01.01.1986 are not entitled to any monthly pension/ex-gratia amount. However, the Government employees under CPF who retired between 18.11.1960 and 31.12.1985 are entitled to monthly ex-gratia amount of the following rates:

 

S.

No

Group of Service to which CPF retirees belonged at the time of

retirement

Enhanced amount of basic monthly ex-gratia
1 Group A Service Rs. 3,000
2 Group B Service  Rs. 1,000
3 Group C Service  Rs. 750
4 Group D Service  Rs. 650
5 Widows and dependent children of the deceased CPF beneficiary  Rs. 645

Dearness ex-gratia equal to 50% of the amount of ex-gratia and Dearness Relief, as notified from time to time as per 5th Central Pay Commission series, on the sums of amount of ex-gratia and dearness ex-gratia is being paid to them. There is no proposal to increase the aforesaid rates.

Source: Lok Sabha

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Filed Under: Pension Tagged With: CPF beneficiary, CPF Rules (India) 1962, ex-gratia, Ex-Gratia Pension, Pension, Pension Rates under CPF, Pensioners Issue

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