Settlement of pension and pensionary benefits of government servants, who opt for government service in case of conversion of Government Department into PSU/ PSE/ corporation etc. (if any): CGA, FinMin OM dated 20.10.2023 TA-3-302/9/2019-TA-II/es-563/433 Ministry of Finance Controller General of Accounts Department of Expenditure Mahalekha Niyantrak Bhawan ‘E’ Block, GPO Complex, INA, New Delhi-110023 Date 20/10/2023 OFFICE MEMORANDUM Subject: The settlement of pension and pensionary benefits of government servants, who opt for government service in case of conversion of Government Department into PSU/ PSE/ corporation etc. (if any) References are being received from various Ministries/Departments regarding streamlining the procedure to be adopted in cases covered on the subject cited above. 2. You are, therefore, requested to send the necessary data i.e. number of government servants (along with retirement date) who opted for government service on conversion of Government Department into PSU/corporation and the number of departments covered and procedure being followed for processing their cases presently, if any. The above said information may be provided in the enclosed template. This issues with the approval of the Competent Authority. (Paral Gupta) Dy. Controller General of Accounts To, All Pr.CCAs/CCAs/CAs (IC) of Ministries/Departments concerned. Annexure S.No. Name of Organisation converted into PSU/ Corporation Date of Conversion No. of employees opted for Government Service No. of employees retired Year when all such employees will be retired Procedure adopted for settlement of pension cases of retired employees View/Download the PDF