AP Retirement Gratuity Enhancement 10 Lakhs GO 139 Retirement Gratuity

AP Retirement Gratuity Enhancement 10 Lakhs GO 139 Retirement Gratuity. PENSIONS – Retirement Gratuity - Enhancement of maximum limit of Retirement Gratuity from Rs.8,00,000/- to Rs.10,00,000/- Orders  G.O.MS.No. 139 Dated: 13-11-2015. GO 139  AP Retirement Gratuity Enhancement Rs 1000000. AP Retirement Gratuity Enhanced from 13th Nov 2015 from 8 Lakhs to 10 Lakhs.
Read the following:- 
  • 1. G.O.Ms.No.51,Finance (Pen.I) Department, dated 01.04.2011. 
  • 2. G.O.Ms.No.95, G.A (Spl.A) Department, dated 28.02.2013.
  • 3. G.O.Ms.No.51,Finance(HRM.VI)Department, dated 08.05.2015. 

AP Retirement Gratuity Enhancement 10 Lakhs GO 139 Retirement Gratuity

O R D E R:
  • In the Government Order third read above, orders were issued for consolidating the pension to the pensioners and family pensioners in Revised Pay Scales 2015.
  • 2. After careful consideration of the interests of prospective pensioners in light of recommendations of 10th Pay Revision Commission, Government hereby order that the maximum limit of Retirement Gratuity ordered in G.O. 1st read, be increased from Rupees eight lakhs to Rupees Ten lakhs.
  • 3. These orders shall come into force with effect from the date of issue of these orders and shall apply to the employees of state Government and local bodies whose service pension is being charged to 2071-Pension and Other Retirement benefits who retire or whose death take place on or after this date.
  • 4. Necessary amendments for Rule 46 of the Andhra Pradesh Revised Pension Rules 1980 will be issued separately.
  • 5. As far as calculation of Commutation is concerned, the existing orders shall continue.

Download AP Retriement Gratuity Enhancement GO 139

6 comments:

  1. Sir, can you please tell me if a basic is 55000 in new prc approximately what will be gratuity, commutation and pension.

    ReplyDelete
  2. Gratuity Calculation= [ (Basic Pay + D.A) x 15 days x No. of years of service ] / 26 Where, D.A = Dearness Allowance. End of Service Benefits Eligibility : 1. Any person employed on wages/salary. 2. At the time of retirement or resignation or on superannuation, an employee should have rendered continuous service of not less than five years. 3. Payable without completion of five years only when death and disablement.



    Example
    Gratuity Calculation
    Calculate gratuity amount, given Basic Pay = 17500, DA = 1500 and Years of Service = 25
    Solution :
    Gratuity = ( ( 17500 + 1500 ) * 15 * 25 ) / 26
    = ( 19000 * 375 ) / 26
    = 7125000 / 26
    = 274038.461
    Therefore, gratuity amount is 274038.461

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  3. WHAT ABOUT IV CLASS EMPLAYEES RETIREMENT BETWEET JULY 2014 TO 13-11-2015

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  4. I have retired in 31st January,2014. How much pensional benefits i can gain according to 2015 PRC?

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  5. hii sir..my father is GOVT AIDED NON-TEACHING STAFF..HE WAS EXPIRED IN AUG 1ST,2014..GRATUITY WILL HE GET SIR...REGARDING NEW GO...

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