Pension and other Retirement Benefits Yola养老金和其他退休福利约拉.pptxVIP

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Pension and other Retirement Benefits Yola养老金和其他退休福利约拉.pptx

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Pension and other Retirement Benefits Yola养老金和其他退休福利约拉

Pension and other Retirement Benefits By: S.P. Jindal Deputy Director, (Pension) Various Retirement Benefits Available to Punjab Government Employees on Retirement Pension Commutation of Pension Leave encashment Gratuity General Conditions for Qualifying Service for Pension Service Must be under the Government; The employment must be substantive or permanent; The service Must be paid by the Government; TYPES OF THE PENSION Compensation Pension; Invalid Pension; Superannuation Pension Retiring Pension Compensation Pension Rule 5.2 Compensation Pension is granted to an employee selected to be discharged owing to abolition of his post unless he shall be appointed to another post which is at least equal to his own: He may choose to take compensation pension or gratuity on the basis of his service rendered. Accept to be transfer to another establishment even on the lower pay if offered and continuing to count his previous service for pension. Invalid PensionRule 5.11 5.12 It is awarded to an employee on his retirement who is permanently incapacitated due to bodily or mental infirmity for the service to which he belongs or for public service. In case of partially incapacity he should be if possible, employed to a lower post so that expense on pensioning him be avoided. If there is no means to employing him than he should be admitted to pension but he should be considered for pension in view of his partially earning capacity The amount of normal pension sanctioned under this rule should not be less than the amount of normal family pension. No Invalid Pension If a Government employee is discharged from service on the ground other than mentioned under rule 5.11 5.12, even though he has produced medical evidence of incapacity for service. If the incapacity is directly due to his/her irregular or intemperate habits. If such incapacity is not directly attributable to these habits but are aggravated by them, then the competent authority sanctioning pension may decide the