Wednesday 26 May 2021

Effect of compulsory retirement or dismissal or removal from Government service: Rule 18 of Central Civil Services (Implementation of National Pension System) Rules, 2021

 Effect of compulsory retirement or dismissal or removal from Government service: Rule 18 of Central Civil Services (Implementation of National Pension System) Rules, 2021

MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS
(Department of Pension and Pensioners’ Welfare)

NOTIFICATION

New Delhi, the 30th March, 2021

18. Effect of compulsory retirement or dismissal or removal from Government service. – (1) Where a Subscriber, is compulsorily retired from service as a penalty or is dismissed or removed from Government service, the lump sum and the annuity out of his accumulated pension corpus shall be paid to him in accordance with the regulations notified by the Authority payable to the Subscriber as admissible in the case of exit of a Subscriber from the National Pension System before superannuation:

Provided that the Subscriber, at his option, may continue to subscribe to the National Pension System with the same Permanent Retirement Account Number as a non-Government subscriber, in accordance with the regulations notified by the Authority.

(2) Sub-rule (1) shall be without prejudice to any action being taken in such cases in respect of gratuity and other retirement benefits not covered by these rules and those benefits shall be regulated in accordance with the rules as applicable to such benefits.

0 comments:

Post a Comment