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Thread: revised option for pro ratapension

  1. #1
    Member R.Devaraju is on a distinguished road
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    Default revised option for pro ratapension

    Sir,
    I was absorbed in ESI Corporation in 1998 with 23 years service in the Postal Accounts.
    I desired full pension and opted for combined service pension benefits. Pension benefit for my past service was paid by Postal Department to ESIC. But the various pension rules amended subsequently have extended the following additional pension benefits to the employees who opted for pro rata pension, discriminating employees opted for combined service pension.


    1. Restoration of 1/3 rd commuted pension to the employees who opted for lump sum payment on absorption along with Dearness Relief wef1999.
    2. Dearness Relief on pension from 1999 to all pro rata pensioners.
    3. The VI Central Pay Commission has granted full pension for 10 years service.

    Had the Government of India allowed the above pension benefits at the time of my absorption itself, I would have opted for pro rata pension. Now I have rendered more than 12 years service in ESIC for that alone I am eligible to get full pension. The pension benefits paid by parent department is nothing but an extra income to ESIC where as I am deprived of getting the amount due to me. Thus, I am put into loss by virtue of the option exercised on absorption for counting past service as per the then pension rules. In order to get the pension benefits due to me, I intend to revise my option for pro rata pension / lump sum payment on absorption with admissible interest as collected from Government servants who opt for counting past service at a later date.So, kindly inform whether I can revise my option along with the rules for exercising fresh option. I may please be guided for claiming due pension benefits in case option can not be exercised.
    Last edited by R.Devaraju; 10-12-2010 at 01:24 PM.

  2. #2
    Senior Member Victor is on a distinguished road
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    Default

    At present there is no provision of changing your option.

    Victor

  3. #3
    Member R.Devaraju is on a distinguished road
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    Default

    Thanks Mr. Victor for your kind reply.
    Please tell me if you know anybody having
    similar issue and action , if any, taken by
    them to get the due pension benefits.
    Last edited by R.Devaraju; 10-12-2010 at 06:07 PM.

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