Ministry of personnel and Public Grievances and Pension
Subject: Revision of 1/3 rd commuted portion of pension in respect of Government servants who had drawn lump sum payment on absorption in public sector undertakings / autonomous Bodies. Implementation of Government's decision on the recommendations of the Sixth Central Pay commission.
The restorable 1/3 rd pension of the Government servants who had drawn lump sum payment in respect of pro - rate pension ( 1/ 3 rd as well as 2/ 3 rd ) on absorption in PSUs/ Autonomous Bodies and have become entitled to restoration of 1/3rd commuted portion of pension as per the provisions of the Department's O.M. No. 34/2/86-P&PW dated 5th March 87 after 15 years from the date of commutation or 1.4.85 whichever is later, is regulated vide this department O.M. No. 4/59/97-P&PW (D) dated 14th July 1998, OMs No. 4/79/2006 P&PW (D) dated 6.9.07 and dated 13.5.08 as clarified from time to time.
In pursuances of Government's decision on the recommendations of sixth central pay commission, instructions have been issued for revision of 1/3 rd restorable pension of absorbees with effect from 1.1.2006 vide this department's OMs even number dated 15.9.2008 and 27.05.2009.
The benefit of additional pension to old pensioners was regulated vide para 3 of this Department's O.M dated 15.9.2008. The matter has been re considered and it has been decided that in super session of instructions contained in para 3 of this Department's O.M dated 15.9.2008, the quantum of additional pension available to old pensioners and Dearness Relief thereon shall be on full pension and regulated as per instructions contained O.M. No. 38-37/08 P&PW (A) dated 1.9.08 as clarified from time to time.
This issues with the concurrence of Ministry of finance (Department of Expenditure ) vide their UO No. 406/EV/2009 dated 21.12.2009 and C& AG's UO No.1-Audit Rules /12-2009 dated 12-1-2010.
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