Increase in pension of retired employees taking OPS
New Delhi| The Department of Pension and Pensioners’ Welfare, Government of India has prepared a plan to increase the pension of retired employees by 20 to 100 percent. Retired employees will have to fulfill the age condition to get additional pension or additional compassionate allowance. If they are between the ages of eighty and 85, their basic pension will increase by twenty percent. That means they will get twenty percent additional pension or additional compassionate allowance. After crossing a certain age, the pension of retired personnel may increase by 100 per cent, either as additional pension or in additional compassionate allowance.
An office memorandum in this regard has been issued by the Department of Pension and Pensioners’ Welfare on 18 October. The Department of Pension and Pensioners’ Welfare is the nodal department for formulation of policies relating to pension and other retirement benefits of Central Government employees covered under the Central Civil Services (Pension) Rules, 1972. Conditions have been prescribed for granting additional pension to retired civil employees of the Central Government covered under the Central Civil Services (Pension) Rules, 2021. In accordance with the provisions of sub rule 6 of rule 44 of the CCS (Pension) Rules 2021, the preceding rule 49 (2-A) of the CCS (Pension) Rules 1972, retired Government servants after completion of eighty years of age or above, shall be granted additional pension or additional compassionate allowance in addition to the pension or compassionate allowance admissible under the Rules.
Additional pension or additional compassionate allowance shall be paid from the first day of the calendar month in which it becomes payable. For example, a pensioner born on August 20, 1942 will be eligible for an additional pension at the rate of twenty percent of the basic pension from August 1, 2022. A pensioner born on August 1, 1942, will also be eligible for an additional pension at the rate of twenty percent of the basic pension effective August 1, 2022. The Central Government has requested all Ministries/Departments and Pension Distribution Authorities/Banks to inform all concerned parties for compliance with the above provisions of the Central Civil Services (Pension) Rules, 2021.
If the retirement worker is between the ages of 80 and 85 he will receive an additional pension of twenty per cent. If the employee is between 85 and 90 years of age, an additional pension of 30 per cent will be payable. The basic pension will increase by 40 per cent if the employee is between 90 and 95 years of age. Similarly, if the employee is between 95 and 100 years of age, his basic pension will increase by an additional 50 percent. If a retirement worker has crossed one hundred years, his basic pension will be increased by an additional 100 per cent.
National President of ‘National Mission for Old Pension Scheme India’ Dr. Manjeet Singh Patel says, this formula has been decided by the Government of India on the basis of Central Civil Services Rules 2021. He has urged the Government of India to extend the benefit of this rule also to those selecting option 1 in the case of death and disability covered under the National Pension System Amendment Act 2021 (CCS Rules 1972) of the Government of India. In the case of Reason, Death and Disability, the Government of India has given freedom to the employees to choose any one of the options of NPS Exit Rules 2015 and CCS Rules 1972. In such a situation, this rule should also apply to those who have selected the option of CCS Rules 1972.
