Tuesday, 17 April 2018

Pension Rates under CPF


Pension Rates under CPF
The Central Government employees who are covered by CPF Rules (India) 1962 and who retired on or after 01.01.1986 are not entitled to any monthly pension/ex-gratia amount. However, the Government employees under CPF who retired between 18.11.1960 and 31.12.1985 are entitled to monthly ex- gratia amount of the following rates:

S.NoGroup of Service to which CPF retirees belonged at the time of retirementEnhanced amount of basic monthly ex- gratia
1Group A ServiceRs. 3,000
2Group B Service Rs. 1,000
3Group C Service Rs. 750
4Group D Service Rs. 650
5Widows and dependent children of the deceased CPF beneficiary Rs. 645

Dearness ex-gratia equal to 50% of the amount of ex-gratia and Dearness Relief, as notified from time to time as per 5th Central Pay Commission series, on the sums of amount of ex-gratia and dearness ex- gratia is being paid to them. There is no proposal to increase the aforesaid rates.

Source: Lok Sabha

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