TS PRC Pensioners Pay Fixation GO 55 Pension/ Family Pension in PRC 2021

PENSIONS - Sanction of Consolidated Pension/Family Pension to Pensioners retired in the Pre-Revised Scales of Pay, 2020 - Enhancement of Financial Assistance - Enhancement of Minimum Pension to Pensioners & Family Pensioners – Orders - Issued.  FINANCE (HRM.V) DEPARTMENT This Revised Consolidated Basic Pension or Revised Consolidated Basic Family Pension shall come into force with effect from 01.07.2018 notionally and the monetary benefit be allowed with effect from 01.04.2020

TS PRC Revised Pension/ Family Pension in PRC 2021 GO 55 

G.O.Ms.No.55 Dated:11-06-2021. 
Read the following:-
1. G.O.Ms.No.25, Finance (HRM.IV) Dept., dated.18.03.2015.
2. G.O.Ms.No.33, Finance (HRM.V) Dept., dated.07.04.2015.
3. G.O.Ms.No.86, G.A. (Spl.A) Dept., dated.18.05.2018.
4. G.O.Ms.No.90, Finance (HRM.V) Dept., dated.08.11.2019.
5. G.O.Ms.No.70, Finance (HRM.V) Dept., dated.23.10.2020.
6. G.O.Ms.No.51, Finance (HRM.IV) Dept., dated.11.06.2021.

ORDER:
In the Government Order third read above, orders were issued constituting the 1st Pay Revision Commission. The Pay Revision Commission has submitted its report to the Government on 31.12.2020 and recommended, inter-alia, the following in respect of Pensionary benefits.
i. Consolidate the Pension/Family Pension from 01-07-2018 onwards applying the formula adopted for the re-fixation of pay in the case of revision of scales of pay of employees in service, i.e., by adding the amount of Dearness Relief as on 01-07-2018 on pension and fitment of 7.5% on the Basic Pension/Basic Family Pension.
ii. Pay the Dearness Relief on such revised Consolidated Basic Pension /Consolidated Basic Family Pension at the same rates as are applicable to serving employees.
iii. Fix the Minimum Pension/Family Pension at Rs.9,500/- p.m.
iv. Raise the minimum Financial Assistance to the minimum of Family Pension of Rs.9,500/- p.m. with no Dearness Relief.
v. Continue the existing commutation table.
2. In the Government Order, sixth read above, orders were issued revising the Pay Scales of the State Government employees in pursuance of the recommendations of the First Pay Revision Commission and discussions with employees associations, with a fitment benefit of 30%, with effect from 01.07.2018 and with monetary benefit from 01.04.2020.

3. Government, after careful consideration of the matter, have decided to implement the recommendations of the Pay Revision Commission mentioned in para 1 above, subject to the modification that the fitment benefit for consolidation of pension in the Revised Pay Scales shall be 30% instead of 7.5% recommended by the Pay Revision Commission and accordingly order the following;

4. a) The existing Pension/Family Pension, in respect of those retired or died while in service prior to 01.07.2018 and also in the case of Family Pensioners who are in receipt of Family Pension as on 1.7.2018 be consolidated, by adding fitment benefit of 30% on the Basic Pension/Basic Family Pension and by merging the Dearness Relief @ 30.392% admissible as on 01.07.2018. The same shall be known as Revised Consolidated Basic Pension/Revised Consolidated Basic Family Pension.
b) This Revised Consolidated Basic Pension or Revised Consolidated Basic Family Pension shall come into force with effect from 01.07.2018 notionally and the monetary benefit be allowed with effect from 01.04.2020.
c) The Consolidated Pension/Family Pension shall be paid from the month of June, 2021 payable in the month of July, 2021.
d) The arrears on account of Consolidation of Pension/Family Pension /Financial Assistance for the period from 01.04.2020 to 31.05.2021, will be paid in 36 equal monthly instalments.
e) No difference on Retirement Gratuity/Encashment of Earned Leave shall be allowed in case of employees who retired between 01.07.2018 and 31.03.2020.
 
5. While fixing the consolidated Basic Pension/Basic Family Pension as above, part of a rupee, if any arrived, should be rounded off to the next higher rupee.
6. While consolidating the Pension, the additional quantum of pension paid to Pensioners on attaining specified ages, which is shown distinctly, should be ignored.
7. In the case of employees who retired from service on or after 01.07.2018, the pension shall be calculated on the pay in Revised Pay Scales, 2020 only.

8.1 The employees who retired between 01.07.2018 and 31.03.2020 are eligible for revision of their pay in the Revised Pay Scales, 2020 notionally as per the orders issued in the G.O. sixth read above. As such, the pensions of these employees have to be revised notionally based on the revised pay in Revised Pay Scales, 2020 and monetary benefit should be allowed from 01.04.2020 only.

8.2 No difference on Retirement Gratuity/Encashment of Earned Leave shall be allowed to the Pensioners on the pension notionally fixed as above.

8.3. However, the difference in commutation value of pension shall be allowed on the pension notionally fixed as above, keeping in view the directions of the Hon’ble Supreme Court of India dated.11.11.2005 in C.A.Nos.6780/2005 (arising out of SLP (Civil) No.5394-5470/2004) and as per the orders issued in G.O.(P).No.108, Finance (Pen.I) Department, Dated:03.05.2006.

9. A Government servant shall continue to be entitled to commute for lumpsum payment up to 40% of his Pension. The existing table of commutation value for Pension shall be continued.

10. Government also hereby order for the payment of Dearness Relief on the Revised Consolidated Basic Pension/Revised Consolidated Basic Family Pension at the rates applicable from time to time, with effect from 01.01.2019, 01.07.2019 as indicated below, with monetary benefit from 01-04-2020.
TS PRC 2021 Orders:

1 comment:

  1. i va ramakrishna retired from service on 30-06-2019 basic pay of 82,950 service pension of 41,475 now what is my basic pay as per 2021 PRC Sir

    ReplyDelete