How much do Railway workers earn after retirement?
How much do Railway workers earn after retirement?
(ii) A Railway Servant who has completed five years qualifying service is granted retirement gratuity equal to 1/4th of his salary for each completed six monthly period of qualifying service subject to a maximum of 16 ½ times the emoluments, provided that the amount of retirement gratuity payable shall, in no case …
How much is a railway pension?
Once a Railway Servant has rendered the minimum qualifying service of 20 years, pension shall be 50% of the last emoluments or average emolument received during the last 10 months whichever is beneficial to him. (b) After completion of 10 years service, 50% of last Pay is admissible as Pension.
How can I fix my pay in 6th CPC?
Pay Fixation Calculator on Promotion as per 6th Pay Commission Recommendations
- Select Your Pay Band and Grade Pay.
- Enter Your Basic Pay (Including Grade Pay)
- Select Promoted Grade Pay.
- Select pay fixed on Promotion Date or Increment Date.
What is secondary family pensioner?
This application form for secondary family pension is for only the Widowed or Unmarried Daughter of the Railway Employee, who is the next legal heir of the pension scheme provided by Indian Railways to employees.
What is commutation pension?
At the time of retirement, if an employee opts for commutation of pension, a lump sum amount is paid to the pensioner while on the balance the pension begins. In simple terms, commutation means a lump sum payment in lieu of periodic payments of pension.
What is the minimum family pension in 6th Pay Commission?
Minimum pension presently is Rs. 9000 per month. Maximum limit on pension is 50% of the highest pay in the Government of India (presently Rs. 1,25,000) per month.
What are the recommendations of the 6th Central Pay Commission?
Recommendations of the Sixth Central Pay Commission – encashment of LAP while availing Pass/PTO by re-employed pensioners-clarification regarding. Extension of the benefit of MACP Scheme to the reckon of entire Temporary status series of substitutes. Recommendations of the 6 th Central Pay Commission?
What is the Sixth Pay Commission – child care leave?
O.M. dated 3.3.2010 – Sixth Pay Commission – Child Care Leave Waiving of age restriction of 18 years for Govt. servant having mentally challenged, disabled children (149.5 KiB, 1,081 hits) O.M. dated 16.11.2009-Recommendations of 6th Pay Commission-Encashment of Leave (76.9 KiB, 1,416 hits)
What is Rule 67 of the railway services (pension) rules 1993?
Clarification regarding commutation of a part of pension on retirement under rule 67 of Railway Services (Pension) Rules, 1993. Policy letter on Cashless Treatment Scheme in Emergency situations (CTSE) in empanelled hospitals for retired Railway employees and their dependent family members.
What is co coverage under railway services (pension) rules 1993?
Coverage under Railway Services (Pension) Rules, 1993, in place of National Pension System, of those Railway employees whose selection for appointment was finalised before 01.01.2004 but who join Railway service on or after 01.01.2004
