Pension and other Retirement Benefits. By: S.P. Jindal Deputy Director, (Pension). Various Retirement Benefits Available to Punjab Government Employees on Retirement. Pension Commutation of Pension Leave encashment Gratuity. General Conditions for Qualifying Service for Pension.
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Pension and other Retirement Benefits
By: S.P. Jindal
Deputy Director, (Pension)
Various Retirement Benefits Available to Punjab Government Employees on Retirement
Commutation of Pension
It is awarded to an employee on his retirement who is permanently incapacitated due to bodily or mental infirmity for the service to which he belongs or for public service.
In case of partially incapacity he should be if possible, employed to a lower post so that expense on pensioning him be avoided.
If there is no means to employing him than he should be admitted to pension but he should be considered for pension in view of his partially earning capacity
The amount of normal pension sanctioned under this rule should not be less than the amount of normal family pension.
If a Government employee is discharged from service on the ground other than mentioned under rule 5.11 & 5.12, even though he has produced medical evidence of incapacity for service.
If the incapacity is directly due to his/her irregular or intemperate habits.
If such incapacity is not directly attributable to these habits but are aggravated by them, then the competent authority sanctioning pension may decide the amount of pension to be reduced.
Service not qualifying for pension
Service not rendered under the Government.
Foreign Service if Pension Contribution is not paid.
Service adjudged as penalty if not asked for counting towards pension by the competent Authority.
Over-stayal of Leave & Joining time.
Period of Strike and willful absence if not regularized by the competent Authority.
Extra-ordinary leave taken otherwise than on medical certificate.
Period between suspension, dismissal, removal & premature retirement and subsequent re-instatement.
Ad-hoc Service not followed by regularization and appointment should be against a regular post.
Let the Length of Service is from: 24.04.1973 to 30.05.2009
Non qualifying service for pension is:
Period of suspension : 3 Months 14 days.
Overstayal of Joining time: 12 days.
Boy Service: 1 Year and 20 days.
Extra Ordinary leave 3 Months 5 days.
for Grant of pension 10 Years
Death Gratuity to An Employee who dies in harness .
No Gratuity under these rules to an employee who is:
Dismissed & Removed from Service on account of Misconduct, Insolvency or inefficiency
Resigned from Service.
Government employee discharged from Service for failure to pass the examination.
Full Pension for a period of 33 years or more shall be equal to 50% of the average emoluments of the employee for the last 10 months.
If the service is less than 66 Half years the pension shall be reduced to the proportionate of number of half year service rendered.
Example if the service is 63 Half years the pension shall be:
( Full pension X 63) / 66
Average Emoluments: 1,77,220/10 = 17,722
Calculation of PensionRule 6.16
50%of the Average Emoluments
The Full pension if the Qualifying Service is 66 halfy-earlies or more
Pension = 8861
If the qualifying service is less than 66 half-yearlies the pension so fixed will be reduced proportionately:
Pension will be =( 8861x63)/66=8458.22= 8459
(Rounded to next higher-rupee)
Emoluments for the Gratuity Shall
Last Pay Drawn+DA
If an Employee has rendered a service of 62 half years, his Last Pay is 11,320 his amount of gratuity shall be:
Amount of Gratuity: 29239X62/4=4,53,205
Restricted to 3,50,000/-
The Gratuity Shall be 1/4th of the emoluments for each completed six monthly period of qualifying service subject to a maximum of 16.5 months (for Class I,II,III)and 17.5 Months for Class IV employees, further to the ceiling of 3,50,000
If a Government employee has completed 5 years service, and is discharged from service on account of retrenchment or declared invalid will be eligible for gratuity equal to 1/3rd of a month’s pay for each completed year of service.
Family of a Temporary Government Employee who dies while in service is eligible for death gratuity as under:
Death after completion of 1 year but <3 years= One Month’s Pay
Death after completion of 3 year but <5 years= Two Month’s Pay
Death after completion of 5 years or more 3 month’s pay or terminal gratuity as calculated above which ever is more.
In case of Death of a Pensioner:
No DA is admissible on Family Pension if any member of the family got employment on compassionate ground.
40% of pension X Purchase Rate X 12
The Government employee on retirement or superannuation or death can get his leave salary in lump some equal earned leave at credit on the date of death, retirement or superannuation as the case may be, subject to a maximum of 300 days.
(Last Pay +DA ) X Leave at credit subject to maximum of 300 days
Pay includes Pay+DP+IR+NPA(if any)