Commutation Value of Pension Calculator Calculation of Commutation of Pension: A Central Government servant has an option to commute a portion of pension, not exceeding 40% of it, into a lump sum payment. No medical examination is required if the option is exercised within one year of retirement. If the option is exercised after expiry […]
Frequently Asked Questions for Central Civil Services – Commutation of Pension 11. COMMUTATION OF PENSION (11.1) How much of the pension can be commuted? A pensioner can opt to commute up to 40% of the pension admissible at the time of retirement. (11.2) Is there any restriction on commutation of pension? Yes. No Government servant […]
7th CPC New Table for Commutation of Pension Commutation of Pension. Max Commutation – 50% of their pension. Commutation table is as under:- * Age next birthday. Auth : MoD letter No 17(4)/2008/(2)/D(Pen/Policy) dated 12 Nov 2008 & GoI, MoD (DESW) letter No.17(02)/2016-D(Pen/Pol) dated 04 Sep 2017.
Commutation of Pension as per 7th CPC – DPPW issued orders on 24.10.2016 Implementation of the recommendation of the 7th CPC – Option regarding commutation of additional amount of pension F.No.42/14/2016-P&PW(G) Government of India Ministry of Personnel, PG & Pensions Department of Pension & Pensioners Welfare 3rd Floor, Lok Nayak Bhawan khan Market, New Delhi-110003 […]