WITHDRAWAL OF PENSION
FACILITY
Posted On: 03 JAN 2019 3:34PM
by PIB Delhi
Information
regarding the number of Central Government employees in the country is not
maintained centrally in this Ministry. As per information provided by
Department of Expenditure, the total number of Central Government civilian
employees, as on 01.03.2016, was 32, 21,183
Total number of Central Government civil pensioners, as on
31.03.2018, is 37, 02,882.
Central Government employees (except Armed Forces personnel)
appointed on or after 01.01.2004 are covered under the National Pension System
(NPS) notified vide Ministry of Finance (Department of Economic Affair’s)
Notification No. 5/7/2003-ECB & PR dated 22.12.2003 and Section 20 of PFRDA
Act, 2013. Such employees are, therefore, not covered by the Central
Civil Services (Pension) Rule, 1972, which are allocable to Central Government
civil employees appointed on or before 31.12.2003.
Under NPS a monthly contribution of 10 percent of basic pay plus
dearness allowance is required to be made by the employees and a matching
contribution is made by the Government. It has since been decided to
increase the Government contribution to 14 percent of basic pay and dearness
allowance.
On superannuation/retirement, at least 40% of the accumulated
pension wealth of such subscriber is mandatorily utilized for purchase of
annuity providing for a monthly or any other periodical pension and the balance
of the accumulated pension wealth after such utilization is paid to the
subscriber in lump sum.
In the event of death of a Government servant of his discharge
from service on account of disability or invalidation on medical grounds, the
benefit of Central Civil Services (Pension) Rules, 1972 are available to the
Government employees of his family members
.
Central
Government employees covered under NPS are eligible for the benefit of
retirement gratuity and death gratuity on the same terms and conditions as are
applicable under Central Civil Services (Pension) Rules, 1972.
NPS employees are also eligible for other post-retirement
benefits such as leave encashment, group insurance, medical facility, etc., as
are applicable to employees appointed before 01.01.2014.
This information was provided by the Union
Minister of State (Independent Charge) Development of North-Eastern Region
(DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy
and Space, Dr Jitendra Singh in written reply to a question in Rajya Sabha
today. BB/NK/JMS (Release ID: 187112) 03.01.2019
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