Tuesday, 17 April 2018

Pension Rates under CPF Govt. reply in lok sabha

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The Central Government employees who are covered by CPF Rules (India) 1962 and who retired on or after 01.01.1986 are not entitled to any monthly pension/ex-gratia amount.
 However, the Government employees under CPF who retired between 18.11.1960 and 31.12.1985 are entitled to monthly ex- gratia amount of the following rates:


S.NoGroup of Service to which CPF retirees belonged at the time of retirementEnhanced amount of basic monthly ex- gratia
1Group A ServiceRs. 3,000
2Group B Service Rs. 1,000
3Group C Service Rs. 750
4Group D Service Rs. 650
5Widows and dependent children of the deceased CPF beneficiary Rs. 645
Dearness ex-gratia equal to 50% of the amount of ex-gratia and Dearness Relief, as notified from time to time as per 5th Central Pay Commission series, on the sums of amount of ex-gratia and dearness ex- gratia is being paid to them. There is no proposal to increase the aforesaid rates. Source: Lok Sabha
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Author: verified_user