Retirement Age Of Govt. Employees Will Not Reduce: Pension Rules Changed For Central Govt. Employees
Govt. has denied reports that they will reduce the pension age of Govt. employees. A statement has been issued in this regard.
Meanwhile, the Union Government has changed some rules regarding the pensions of the Central Government Employee. Some considerable changes have been made to Rule 54 Central Civil Service (Pension) Rules, 1972 by the Narendra Modi led Government.
A notification was issued, dated 19th September 2019 which states the changes made in Rule 54 of the Central Civil Services (Pension) Rules, 1972.
Find out all about the new changes made in the pension rules right here!
Retirement Age Will Not Reduce
Since last few days, social media was abuzz with the news that Govt. will reduce the age of retirement for Govt. employees.
This has been strongly denied by the Govt.
An official from Govt. said: “Rumours circulating in the social media about DoPT having given clearance to a proposal for reducing the age of superannuation of employees with effect from April 1, 2020 are unfounded and baseless. It has been clarified that there is no such proposal,”
Union Ministry Changes Pension Rules
The Union Ministry of Personnel, Public Grievances and Pensions revealed that the Government is of the opinion that there is a necessity for a family pension at an increased rate for a Government servant who loses his/her life early in the career.
The Union Ministry also said that another reason behind this is that the pay of these Government servants is much lesser at the start of their career.
The changes in the rules will come in place on October 1, 2019.
All The Changes Made In Rule 54 By The Union Government
Rule 54 has been amended, in which the following changes have been introduced:
- If a Government servant dies within seven years of joining service, his/her family will be getting a family pension at an increased rate of 50 per cent of the last amount paid to him/her. The family would be getting this pension for a period of 10 years.
- If a Government servant dies before the completion of his/her seven years of service, within 10 years before the date October 1, 2019, his/her family will be eligible for the family pension at an increased rate. This will be in effect on October 1, 2019.
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