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gconnect
14-05-2009, 10:06 AM
Dr. Dinesh Thakur asked

I would like to know whether an employee retiring post 1.1.2006, after completion of 20 years of service is entitled for a pension of 50% of the last basic pay ?

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ram
14-05-2009, 11:14 AM
Yes. Those who intend to retire after completion of 20 years of service are entitled for full pension viz., 50% of pay last drawn. You can check this Office memorandum dated 3.10.2008 for more details

Office memorandum dated 3.10.2008 for pensioners (http://gconnect.in/6cpc_orders/pension/F_no38_37_08partii.pdf)

Kanaujiaml
27-05-2009, 07:56 PM
The Answer to the questions is like this. If you have retired on and from 01 01 06 and upto 01 09 08, then your pension would be fixed at 50 percent of pre revised basic pay last drawn or average of ten months basic pay, whichever is higher. Full pension would be admissible if you have completed 33 years of qualifying service. Otherwise, pension would be fixed on pro rata basis i. e. proportional to number of years of qualifying service put in. If you have retired after 01 09 08, your pension would be fixed at 50 % of revised basic pay i. e. pay in pay band plus grade pay. Full pension is admissible if you have put in 20 years of qualifying service. This is as per latest OMs / rules.