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Showing posts from June, 2022

Retirement Benefits

The minimum period of eligibility to receive pension benefits will be 10 years.   An Central Government servant retiring in conformity with the Pension Rules is eligible to receive pension upon the the completion of at the minimum of 10 years of qualifying service. If the pension is a Family Pension widows are entitled to receive family pension upon loss of the spouse following the completion the one-year period of continuous service , or before the end of a year, when the government employee has passed a medical examination by the proper Medical Authority and declared fit to be employed by the Government. W.e.f 1.1.2006 1.1.1.2006, pensions are calculated based on Emoluments (i.e.last base salary) as well as average earnings (i.e.   an average of the basic pay earned over the course of the last 10 months of service) or whichever is more profitable.   Pension is equal to 50% of earnings or the average of the emoluments, whichever is the most beneficial. The minimum pension currently is