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OPS: Increase in pension of retired employees taking OPS, on these conditions they will get this much pension after 15 years

The Department of Pension and Pensioners’ Welfare has issued an office memorandum in this regard on October 18. The Department of Pension and Pensioners’ Welfare is the nodal department for formulating policies related to pension and other retirement benefits of central government employees covered under the Central Civil Services (Pension) Rules, 1972.

There is good news for the employees who retired under the old pension scheme. The Department of Pension and Pensioners Welfare of the Government of India has prepared a plan to increase the pension of retired employees by 20 to 100 percent. To get additional pension or additional compassionate allowance, retired employees will have to fulfill the age condition. If they are between the ages of 80 and 85 years, then their basic pension will increase by 20 percent. That is, they will get 20 percent additional pension or additional compassionate allowance. After crossing a certain age, the pension of retired employees can increase by 100 percent as additional pension or additional compassionate allowance.

An office memorandum has been issued by the Department of Pension and Pensioners Welfare on October 18 in this regard. The Department of Pension and Pensioners Welfare is the nodal department for formulating policies related to pension and other retirement benefits of central government employees covered under the Central Civil Services (Pension) Rules, 1972. The Central Civil Services (Pension) Rules, 2021 lay down the conditions for grant of additional pension to retired Central Government civil servants covered under the Central Civil Services (Pension) Rules, 2021. As per the provisions of sub-rule 6 of rule 44 of the CCS (Pension) Rules, 2021, read with erstwhile rule 49(2-A) of the CCS (Pension) Rules, 1972, retired Government servants on or after attaining the age of eighty years or above shall be granted additional pension or additional compassionate allowance in addition to the pension or compassionate allowance admissible under the rules.

Additional pension or additional compassionate allowance will be paid from the first day of the calendar month in which it becomes payable. For example, a pensioner born on August 20, 1942 will be eligible for additional pension at the rate of twenty per cent of the basic pension from August 1, 2022. A pensioner born on August 1, 1942 will also be eligible for additional pension at the rate of twenty per cent of the basic pension from August 1, 2022. The Central Government has requested all Ministries/Departments and Pension Disbursing Authorities/Banks to inform all concerned to comply with the above provisions of the Central Civil Services (Pension) Rules, 2021.

If the age of the retiring employee is between 80 to 85, then he will get twenty per cent additional pension. If the age of the employee is between 85 to 90 years, then 30 per cent additional pension will be payable to him. If the age of the employee is between 90 to 95 years, then the basic pension will be increased by 40 percent. Similarly, if the age of the employee is between 95 and 100 years, then his basic pension will be increased by an additional 50 percent. If a retired employee has crossed the age of 100, then his basic pension will be increased by an additional 100 percent.

Dr. Manjit Singh Patel, National President of ‘National Mission for Old Pension Scheme India’ says, this formula has been decided by the Government of India on the basis of Central Civil Services Rules 2021. He has urged the Government of India to also give the benefit of this rule to those who choose option 1 in the case of death and disability covered under the National Pension System Amendment Act 2021 (CCS Rules 1972) of the Government of India. The reason is, in case of death and disability, the Government of India has given freedom to the employees to choose any one option between NPS Exit Rules 2015 and CCS Rules 1972. In such a situation, this rule should also apply to those who have opted for the option of CCS Rules 1972.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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