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StaffCorner

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02 Sep, 2014 10:44 PM

Government notifies new pension rules to check delays

Government notifies new pension rules to check delays In a step aimed at checking harassment of government employees in grant of pension, a head of office will now be responsible for any failure to ascertain non-qualifying service period and will undertake preparation of paper work one year before an employee is due to retire.

According to new pension rules notified by the government, retiring employees will not have to face any delay in determination of pension due to deficiency in application forms and authorities can go ahead with determining the amount of provisional pension and provisional retirement gratuity.

Till now, employees had to run from pillar to post in many cases to get their service record verified.

As per new rules, every head of office shall undertake the work of preparation of pension papers in Form 7 one year before the date on which a government servant is due to retire on superannuation, or on the date on which he proceeds on leave preparatory to retirement, whichever is earlier. Earlier, the time period to undertake such work was two years.

Read full article @ http://articles.economictimes.indiatimes.com/2014-09-01/news/53441512_1_new-pension-rules-family-pension-provisional-pension



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