If the central government employees do not choose their option in this regard, then there will be an option of benefits under the old pension scheme for the first 15 years of service.
The government has extended the last date for availing the lump sum option for the employees of the center to get the coverage of CCS Pension Rules 1972 in place of NPS.
New Delhi: The central government has given a big relief to the central employees. Now government employees falling under the National Pension System (NPS) will get two options under Rule 10 of CCS Rule 2021. The government has given an option to choose benefits from the old pension scheme or pension fund accumulated under NPS in the event of death of the employee.
What if I do not choose the option ?
If the central government employees do not choose their option in this regard, then there will be an option of benefits under the old pension scheme for the first 15 years of service. After that you will get the benefit of default option under NPS.
Currently the default option of the old pension scheme is in operation by March 2024 as per these rules, even if the government employee has completed 15 years of service.
What are the rules of CCS regarding disability
According to the CCS rules, if a government employee suffers from a disability due to an injury or illness while on duty and remains in government service despite such disability, then a lump sum compensation of disability pension is paid to the disability element. is.
Explain that the government has extended the last date for availing the lump sum option for the employees of the center to get the coverage of CCS Pension Rules 1972 in place of NPS. The new revised date is now May 31, 2021. This will be applicable to employees who were elected before January 1, 2004, but joined after January 1, 2004.
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