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
I am working in an autonomous organisation with CPF benefits. I joined my service on 09-08-1991. I shall be retiring on 31-01-2021.
If I take vrs now, what are the benefits i shall get from the department.
Shall I getmy contribution to CPF, Management Share of CPF, Gratuity, GSLIS ?
Kindly clarify
I have completed 21 years of my service in Ministry of Information & Broadcasting, Government of India. But, I want now VRS due to my family problems. How much pension percentage i will get. please give details about VRS information and oblige.
My case for vrs approved for 30April18.When the pension paper to be processed. My office said only after 30th April 18 they send service book for audit also they said only after 3 months they send papers to CDA Allahabd
. I’m working in Min of Defence DGQA, New Delhi on and Complete 37 yrs of regular service. When should I get leave and gpf mony.
After completion of 20years of service how much percentage of pension will get if any one take vrs in 7 th pay commission
After 20 years of service if any one take vrs will he get full pension or should he complete 33 years of sevice to get full pension
i am primary teacher. my total service is 13 years. so i want vrs. but i will take vrs then i have get pension. and how many service required to take vrs