Pension Scheme on Railways and Retirement Benefits on absorption in Public Sector Undertakings/Autonomous Bodies: Master Circular - RBE No. 18/2021 | Central Govt Employees -

-

Pension Scheme on Railways and Retirement Benefits on absorption in Public Sector Undertakings/Autonomous Bodies: Master Circular – RBE No. 18/2021

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY O RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

M.C. No. 53(2021)
RBE No. 18/2021

No. D-43/14/2019-F(E)III

New Delhi, dated:10.03.2021.

The General Managers,
All Indian Railways, Production Units,
Metro Railway, Calcutta and others.

Sub: Pension Scheme on Railways and Retirement Benefits on absorption in Public Sector Undertakings/Autonomous Bodies.

Please find enclosed herewith a copy of Master Circular No. 53 regarding Pension and Retirement Death Gratuity for Railway Servants for information and necessary action.

(G.Priya Sudarsani),
Director, Finance (Estt.),
Railway Board.

DA: as above. 

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY O RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

M.C. No. 53(2021)
RBE No. 18 2021

No. D-43/14/2019-F(E)III

New Delhi, dated: 10.03.2021.

To

The General Managers,
All Indian Railways, Production Units,
Metro Railway, Calcutta and others.

Pension rules are incorporated in the Indian Railway Establishment Code Vol. II (1985 edition) and the Manual of Railway Pension Rules (1993 edition). The manual embodies pension rules and orders as were issued from time to time in a self contained and readily understandable form. The manual however has not been updated after 1993 and during this period, large number of provisions have either become obsolete or have been Substantially modified by issue of numerous orders. In view of this, a need has been felt for compiling some of the important instructions for the guidance of the staff dealing with the Pension work in the form of Master Circulars.

2. ‘Master Circular – enclosed with this letter brings out instructions on the following Subjects.

1.Introduction of Pension Scheme on Railways and Pension options for the Railway employees who were governed by the PF Rules.Part A
2.General Rules on pensionary matters.Part B
3.Retirement benefits for the Railway employees permanently absorbed in Public Sector Undertakings.Part C
4.Guidelines for timely payment of retirement dues to the retiring employee and the families of the employee and the families of the Employee who die while in service.Part D

3. The instructions contained in the Original circulars referred to have Only prospective effect from the date of issue unless indicated otherwise in the concerned circular. For dealing with old Cases, the instructions in force at the relevant time should be referred to.

4. If any circular current on the subject has been lost Sight of, the same Should not be ignored and should be treated as valid and operative. References to the orders on the basis Of which the above chapters have been framed are indicated against each item of the chapter. 

Sd/-
(G.Priya Sudarsani),
Director, Finance (Estt.),
Railway Board.


Source: Click here to view/download PDF 

Comments

Post a Comment

Popular posts from this blog

Approval of the Government of India for extending the benefits of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) to all senior citizens aged 70 years and above.National Health Authority L.S. CHANGSAN (I.A.S.) Chief Executive Officer D. O. No. S-12018/395/2022-NHA 20th September, 2024

-
Image
  National Health Authority This is to inform you of the approval of the Government of India for extending the benefits of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) to all senior citizens aged 70 years and above. 2. Salient features of the approval are as below: a. The benefits of AB PM-JAY would now be available to all senior citizens of the age 70 years and above irrespective of their socio-economic status. These benefits will be available to senior citizens of 70 years and above in families already covered under AB PM-JAY (hereinafter referred to as ‘existing families’), as well as in families which are not covered under the AB PM-JAY, (hereinafter referred to as ‘new families’). b. The only eligibility criteria for availing benefits under the scheme would be attainment of age of 70 years or above by the individual. This would be determined on the basis of age recorded in Aadhaar. As per prevailing practice, Aadhaar would be the only document requi
Read more

Grant of notional increment on 1st July I 1st January to the employees who retired from Central Govt, service on 30th June / 31st December respectively for the purpose of calculating their pensionary benefits - regarding.

-
Image
  Grant of notional increment on 1st July/1st January to the employees who retired from Central Govt. service on 30th June / 31st December respectively for the purpose of calculating their pensionary benefits – Implementation Order by DoP&T O.M. dated 14.10.2024 No.19/116/2024-Pers.Pol.(Pay)(Pt) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training North Block, New Delhi Dated the 14th October, 2024. OFFICE MEMORANDUM Subject: Grant of notional increment on 1st July/1st January to the employees who retired from Central Govt.service on 30th June / 31st December respectively for the purpose of calculating their pensionary benefits – regarding. The undersigned is directed to say that in terms of Rule 10 of the Central Civil Services (Revise Pay) Rules, 2006, notified by D/o Expenditure vide Notification No.G.S.R.622 (E) dated 29.08.2008, date of annual increment was made uniform viz. 1st July of every year with effect from 0
Read more