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VRS for NPS Employees

Timely submission of the cases for approval of voluntary retirement under Rule 48

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Voluntary retirement and relaxation regarding curtailment of 3 months notice period in terms of Rule 48, and under FR 56(k) and 56(m) No.K-16/I/2019-Group B-CGA-Part(1)/171 Government of India Ministry of Finance Department of Expenditure O/o Controller General of Accounts * New Delhi, the 2nd September 2020 OFFICE MEMORANDUM Sub : Timely submission of the cases for … Read more

Pensionary benefits under NPS on Voluntary Retirement

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VOLUNTARY RETIREMENT FOR NPS EMPLOYEES Pensionary benefits under NPS on Voluntary Retirement The features and benefits under National Pension System (NPS) and the old pension scheme are independent. Under NPS, there is a provision for voluntary retirement/exit prior to the age of superannuation, without linking it with the minimum number of 20 years of service. … Read more