PC-VI -- 223/2010
RBE No.118/2010
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)
No. F(E)III/2008/PN1/13
New Delhi, dated 10.08.2010
The GMs & FA & CAOs,
All Zonal Railways & Production Units,
(As per mailing list).
Sub: Admissibility of full pension to Railway servants retiring on or after 01.01.2006 - regarding.
***
Clarifications are being sought from this office by the Zonal Railway Administrations in connection with the revised instructions issued by the Department of Pension and Pensioners' Welfare regarding grant of full pension to Government servants retiring on or after 01.01.2006, and its applicability to those employees who are absorbed in Public Sector Undertakings/Autonomous bodies.
2. It is informed that the Department of Pension and Pensioners' Welfare, vide their O.M. dated 10.12.2009, circulated on the Zonal Railways etc. vide this office letter of even number dated 15.12.2009, has dispensed with the linkage of full pension with 33 years of qualifying service with effect from 01.01.2006, instead of the earlier to pension cut off date of 02.09.2008. As such, all employees becoming entitled to pension on completion of 10 years of qualifying service in accordance with Rule 69(2) of the Railway Service (Pension) Rules, 1993, on or after 01.01.2006, are eligible for pension equal to 50% of the emoluments or average emoluments, whichever is more beneficial to them. With the issue of these instructions, the concept of pro-rata pension has ceased to exist with effect from 1.1.2006. This provision is equally to those employees who have been permanently absorbed in PSUs/Autonomous Bodies and have since become entitled to monthly pension in terms of the extant instructions.
3.
All the Zonal Railways etc. are, therefore, advised to settle the pending cases accordingly.
4.
Please acknowledge receipt.
s/d
(Sunil Bhardwaj)
Deputy Director Finance (Estt.)III
Railway Board.
More details...
www.indianrailways.gov.in
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