Sunday, December 15, 2024
HomePersonal Finance7th Pay Commission: Government has increased the limit of family pension, instead...

7th Pay Commission: Government has increased the limit of family pension, instead of Rs 45,000, 1.25 lakh monthly pension will be available

7th Pay Commission: The government has increased the family pensions by more than two and a half times.

The limit of family pension has been increased from Rs 45,000 to Rs 1.25 lakh per month. The government says that this step will make it easier for the family members of the deceased employees to survive, as they will get financial security.Also Read: PNB Customer: Now You Can Generate Debit Card PIN Through Internet Banking, Know Process Here




New Delhi: 7th Pay Commission: If both husband and wife are Central Government Employees and are covered under the Central Civil Services (CCS-Pension), 1972 Rules, then on their death their children will be given two families. One can get pension, whose maximum limit can be up to Rs 1.25 lakh. However, there are some rules for this which define the conditions under which this pension can be given. Let’s understand.

New rules on pension of central employees

The central government provides social security to its employees as well as their families. Under sub-rule (11) of rule 54 of the Central Civil Services (Central Civil Services, 1972), if both husband and wife are Government servants and are covered under that rule, in the event of their death, the children of both the parents would be entitled to pension. According to the rules, if one of the parents dies during service or after retirement, then the pension is received by the surviving parent i.e. the spouse. On the death of both, their children will get two family pensions.Also Read: Post Office Life Insurance: Many benefits of a scheme, benefits from loan to bonus, know everything about it




Earlier this was the rule on pension

Earlier, if both the pensioners had died, then as per sub rule (3) of rule 54, the limit of two pensions to the child or children was Rs 45,000, according to sub rule (2) of rule 54, both the pensions of the family were Rs 27,000. is applicable per month. According to the Sixth Pay Commission, the highest pay under Rule 54(11) of CCS rules is at the rate of 50 per cent and 30 per cent of Rs 90,000 per month.

What is the new rule on pension

After the 7th Pay Commission, the payment in government jobs was revised to Rs 2.5 lakh per month. Since then there has been a change in the pension given to the children. According to the notification of the Department of Pension & Pensioners Welfare (DoPPW), two limits have been changed to Rs 1.25 lakh per month and Rs 75,000 per month.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments