7th CPC Voluntary Retirement Scheme :
Recommendation on Voluntary retirement in 6th Pay Commission…
Presently, all employees on completion of 30 years qualifying service can take voluntary retirement by giving 3 months’ notice. Group A & B Officers who had entered service before the age of 35 years have the right to retire after attaining the age of 50 years by giving a similar notice. Group A & B Officers who had entered the service after 35 years of age and all Group C & D employees can also take voluntary retirement at their option. Retirement becomes effective on the expiry of notice period. No formal approval is necessary unless the official is under suspension. Employee can also retire voluntarily by giving 3 months’ notice on completion of 20 years qualifying service. However, in this case, acceptance by the Appointing Authority is necessary.
Pension on voluntary retirement is payable only if 20 years of qualifying service or more has been put in. In case of superannuation, pension is payable on completion of 10 years qualifying service or more. However full pension, whether on superannuation or voluntary retirement, is presently payable only on completion of qualifying service of 33 years. Weightage of upto 5 years for purposes of reckoning qualifying service for pension/gratuity is allowed in case of voluntary retirement provided the total qualifying service including the weightage does not exceed 33 years and the period does not go beyond the date of normal superannuation.
Pension on voluntary retirement is payable only if 20 years of qualifying service or more has been put in. In case of superannuation, pension is payable on completion of 10 years qualifying service or more. However full pension, whether on superannuation or voluntary retirement, is presently payable only on completion of qualifying service of 33 years. Weightage of upto 5 years for purposes of reckoning qualifying service for pension/gratuity is allowed in case of voluntary retirement provided the total qualifying service including the weightage does not exceed 33 years and the period does not go beyond the date of normal superannuation.
7TH CPC PAY SCALE CALCULATOR FROM 1.1.2016
7TH CPC PAY SCALE WITH MATRIX TABLE
Most Commented Posts…
One Rank One Pension- Projected OROP Table PBOR and Officers
nek chand thakur says
I have completed 22 years in K V Sangathan my Basic pay at present is 60000/- and now if I take VRS then how much total amount I get and how much ll be my pension .
Tej Pal says
I have joined as teacher in delhi govt school ( Dir of education , delhi ) on 14-9-1998.
As on date I have completed 19 years in govt service and in 20th years of it. I want to take VRS now .
what will be the earliest date of VRS so that I will get pension benefit .
when will i give the VRS notice and what will be my pension. My present basic is 75400 ( 7 pc )
can there is any provision of pension if i opt for VRS right now ( ie before 20 years of govt service )
A.U.Mazumder says
I have completed 27 years in K V Sangathan my Basic pay at present is 32000/- and now if I take VRS then how much total amount I get