Tuesday, June 30, 2009

SCPC: Pension commutation blues of Pre- 1996 Retirees

After 6th pay commission basic pension has increased for all ranks. It is expected to go up further with something coming out from Committee of Secretaries streamlining Pension anomalies created by the Pay Commissions. Those retiring after 1.1.2006 have been issued fresh PPO and again 50 percent of revised pension has been commuted, thus giving them more commutation value than what they got earlier. In my opinion the same concept should be applicable for all pre 06 defence pensioners up to the age of 75 years or 15 years, whichever is earlier. Civilians retire at the age of 60 and pension commuted for 15 years ie upto the age of 75 years. Armed forces personnel who retired before 1.1.06 got hardly any commutation value compared to those who retired after 1.1.06 with same rank. It is far worse for those who retired before 1996.
Col A K Sarkar(Retd)

Comment: I wonder if the commutation woes will be addressed at all for all ESM who retired prior to 2006. The bureaucracy would love to push this issue under the carpet forever!

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