Central Government New Update: 3 big news from CPAO for employees and pensioners! Central Government issued important order regarding dearness allowance, pension

0
91
Bank FD Rate: If you want to invest in Bank FD then here are the 10 best options, here you will get up to 9.60% return; Know full details
Bank FD Rate: If you want to invest in Bank FD then here are the 10 best options, here you will get up to 9.60% return; Know full details

Three big news have come for employees and pensioners. The first news is that a big change has been made in your pension by the Central Pension Accounting Office (CPAO), while the second news is about dearness allowance, along with this, the third news is that a very big decision of the High Court has come in favor of employees and pensioners, so let’s know all the news in detail one by one.

CPAO issued order
The Central Pension Accounting Office (CPAO) has issued a very important order and a copy of this order has been sent to all the banks and instructions have been given to act accordingly. In this order, it has been said that now four more new categories will be added to the pension, which are as follows.

Category Name Category Code
1 Compulsory Retirement  Q
2 Invalid Pension Case I
3 On the basis of compassionate allowance (Compassionate Allowance Case) R

1) Compulsory Retirement
Such employees who are forced to retire or are given compulsory retirement citing FR 56-J, i.e. employees who are retired before retirement , such employees come under compulsory retirement. Now when such employees retire, Q will be written on their pension papers.

2) Invalid Pension Case
Employees who suffer an injury while in service and due to which they are unable to perform their duties further are given invalid pension. Now when such employees retire, the letter ‘ I’ will be written on their pension papers.

3) On the basis of compassionate allowance (Compassionate Allowance Case)
Such employees who are suspended or dismissed from service are given pension on the basis of compassionate allowance. Now R will be written on the pension papers of such employees.

4) Pro-rata Pension (Absorption Pension Case)
Such employees who were earlier central government employees and later got absorbed in PSU or autonomous body or any other institution, such employees are given pension on pro-rata basis, now P will be written on the pension papers of such employees.

EPS Update: The government listened to the employees and changed the rules

LEAVE A REPLY

Please enter your comment!
Please enter your name here