Restoration of commuted portion of Pension to 12 years from the present 15 years: DoP&T forwards AIDEF letter to DoP&PW
F. No. 16/9/2023-JCA
Government of India
Ministry of Personnel, PG & Pension
Department of Personnel & Training
Establishment (JCA) Section
2nd Floor, ‘B’ Wing.
Lok Nayak Bhawan, New Delhi
Dated : 4th June, 2024
OFFICE MEMORANDUM
Subject : Restoration of commuted portion of Pension to 12 years from the present 15 years.
The undersigned is directed to forward the letter No 04/1004/Min./AIDEF/24 dated 22.04.2024 received from Shri C. Srikumar, General Secretary, All India Defence Employees’ Federation on the subject mentioned above for further necessary action.
2. It is requested that action taken in the matter may be conveyed directly to the applicant.
Encl: As above.
(Gandharv Kumar Sandilya)
Under Secretary to the Govt. of India
Tele: 011- 2469 4678
To,
Under Secretary (Admin) .
Department of Pension & PW
Lok Nayak Bhawan, New Delhi
Copy to:
Shri C. Srikumar, General Secretary, All India Defence Employees’ Federation, S.M. Joshi Bhavan, Survey No. 81, Dr. Babasaheb Ambedkar Road, Khadki, Pune-411003.
Source: Social Media
COMMENTS
Punjab and haryana high court have stayed the recovery beyond 11.5 years for Punjab government pensioners. On the basis of the same haryana pensioners have also obtained the stay orders. Similarly some pensioners of civil employees pensioners retired from some dpdo offices of Himachal also obtained the stay orders from CAT Chandigarh bench. So as per these orders, recovery on account of commutation of pension have been stopped till final decision in respect of Punjab and haryana pensioners. Action to stay the recovery from central government pensioners is under way.
Please let me know what is happening regarding the review of commutation of pension from 15 years to 12 years. Thanks.
I am Deen Dayal Shrivastava
Commutation of Pension should be linked to variable interest rate as is the case with House Building Loan and not at flat rate and fixed years of repayment. It may be anything less than 15 years