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Current Pension rate of Contributory Provident Fund (CPF) pensioners

April 8, 2018 by rajasinghmurugesan Leave a Comment

Current Pension rate of Contributory Provident Fund (CPF) pensioners

 Press Information Bureau
Government of India
Ministry of Finance

06-April, 2018

Current Pension rate of Contributory Provident Fund (CPF) pensioners

The Central Government employees who are covered by CPF Rules (India) 1962 and who retired on or after 01.01.1986 are not entitled to any monthly pension/ex-gratia amount. However, the Government employees under CPF who retired between 18.11.1960 and 31.12.1985 are entitled to monthly ex-gratia amount of the following rates:

 

S.No

Group of Service to which CPF retirees belonged at the time of retirement

Enhanced amount of basic monthly ex-gratia

1

Group A Service

Rs. 3,000/-

2

Group B Service

Rs. 1,000/-

3

Group C Service

Rs. 750/-

4

Group D Service

Rs. 650/-

5

Widows and dependent children of the deceased CPF

Rs. 645/-

 Dearness ex-gratia equal to 50% of the amount of ex-gratia and Dearness Relief, as notified from time to time as per 5th Central Pay Commission series, on the sums of amount of ex-gratia and dearness ex-gratia is being paid to them. There is no proposal to increase the aforesaid rates.

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha today.

Source: PIB

Filed Under: Pay Rules, PIB NEWS

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