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Regarding Composite Transfer Grant on retirement

February 11, 2022 by Eliza Leave a Comment

Admissibility of Composite Transfer Grant (CTG) on retirement

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
RAILWAY BOARD

PC-VII No. 181
RBE-No.16/2022.

No. F(E)I/2022/AL-28/10

New Delhi, dated 09.02.2022

The General Managers,
All Indian Railways / PUs etc.,
(As per Standard Mailing List).

Sub: Admissibility of Composite Transfer Grant (CTG) on retirement.

Reference is invited to para 4 (B)'(i) and (ii) of Annexure to Board’s letter No.F(E)I/2017/AL-28/41 dated 24,08.2017, which provides for rates of CTG on retirement.

2. In partial modification of para 4 (B) (i) and (ii) of Annexure to Board’s letter No. F(E)I/2017/AL-28/41 dated 24.08.2017, it has been decided that. for the purpose of Composite Transfer Grant in r/o Railway employee who wishes to settle down at the last station of duty or other than last station of duty after retirement, the condition of 20 km. from the last station of duty, is done away with subject to the condition that change of residence is actually involved. To settle down at the last station of duty or other than last station of duty after retirement, full CTG would be admissible i.e at the rate of 80% of the last month’s basic pay. The employee has to submit a Self declaration Certificate regarding change of residence in prescribed format enclosed with this letter as Annex.- I.

3. In case of settlement to and from the Island territories of Andaman & Nicobar and Lakshadweep, CTG shall be paid at the rate of 100% of last month’s Basic Pay in terms of para 4 (B) (i) and (ii) of Annexure to Board’s letter No. F(E)I/2017/AL-28/41 dated 24.08.2017.

4. These orders will be effective from the date of issue of the letter.

5. Hindi Version will follow.

Sonali Chaturvedi
Joint Director Finance (Estt.)
Railway Board.

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Filed Under: CGE Latest News, RAILWAYS

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