Monday, April 3, 2017

Ex-gratia payable to Contributory Provident Fund (CPF) beneficiaries who retired before 01.01.1986

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA
UNSTARRED QUESTION NO: 5056
ANSWERED ON: 31.03.2017Contributory Provident Fund
SUKHBIR SINGH JAUNPURIA

Will the Minister of FINANCE be pleased to state:-

(a) the existing rate of pension under Contributory Provident Fund (CPF) pensioner in the country;
(b) whether the Government proposes to increase the said rate;
(c) if so, the details thereof along with the reasons therefor; and
(d) whether the Government has the data relating to the number of CPF pensioners in the country as on 31 March, 2016 and if so, the details thereof?

ANSWER
The Minister of State in the Ministry of Finance


(a) to (d) No pension is admissible to Contributory Provident Fund (CPF) employees on their retirement. However, Ex-gratia is payable to CPF beneficiaries who retired before 01.01.1986 or died while in service before 01.01.1986. Presently following ex-gratia payment is admissible to the CPF beneficiaries who had retired from service prior to 01.01.1986:

S.NoGroup of Service to which CPF retirees belonged at the time of retirementEnhanced amount of basic monthly ex-gratia
1Group A ServiceRs. 3,000/-
2Group B ServiceRs. 1,000/-
3Group C ServiceRs. 750/-
4Group D ServiceRs. 650/-
5Widows and dependent children of the deceased CPF beneficiaryRs. 645/-

Dearness ex-gratia equal to 50% of the enhanced amount of ex-gratia and Dearness Relief of the 5th Pay Commission, as notified from time to time, on the sums of enhanced amounts of ex-gratia and dearness ex-gratia shall also be admissible to them. There is no proposal to increase the aforesaid rates.

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