Tuesday, November 8, 2016

Implementation of the recommendation of the 7th CPC – option regarding commutation of additional amount of pension.

PC-VII No.08/2016
RBE No.128 /2016
GOVERNMENT OF INDIA. (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
No. 2016/F(E)III/1(1)/8
                               New Delhi, Dated: 02.11.2016.
The GMs/FA&CAOs,
All Zonal Railways/Production Units.
(As per mailing  list)
Subject: Implementation of the recommendation of the 7th CPC – option regarding commutation of additional amount of pension.
A copy of Department of Pension and Pensioners’ Welfare (DOP&PW)’s No.O.M. No.42/14/2016-P&PW(G) dated 24th October 2016 on the above subject is enclosed for  information and compliance.  These instructions shall apply mutatis and mutandis  on  the  Railways also. Rule 10 of of CCS (Commutation of Pension) Rules, 1981 corresponds to Rule 11 of Railway Services (Commutation of Pension) Rules, 1993 DOP&PW’s O.M. dated 04.08.2016 referred to in the enclosed O.M., was adopted on Railways vide letter of even number dated 12.08.2016.
2. Since, DOP&PW’s O.M. dated 04.08.2016 was circulated on Railways vide Board’s letter of even number dated 12.08.2016 the option mentioned in Para 3 of O.M. dated 24.10.2016 may be given to Railway employees who retired between the period 01.01.2016 and 12.08.2016.
3. Please acknowledge receipt.
(Sanjay Prashar)
Deputy Director  Finance(Estt.) III,
Railway Board
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