Death-cum-Retirement
Gratuity is paid to Central Government employees under New
Pension System (NPS) as it is paid under the old pension scheme. The
monthly annuity under the New Pension System (NPS) is only a replacement of
pension on retirement and family pension of death after retirement. The
benefits of Death cum Retirement Gratuity (DCRG) and pension/family pension
have been provisionally allowed, vide
the Office Memorandum of Department of Pension and Pensioners’ Welfare No.
38/41/06-P & PW(A) dated 5.5.2009 in respect of Central Government servants
covered under NPS in cases where a Government Servant is retired on
invalidation/disability and in the case of death of a Government servant in
service on the same rates as are applicable under the old pension scheme
Central Civil Service (Pension) Rules, 1972. The retirement gratuity is payable
to the retiring Government servant. A minimum of 5 years’ qualifying service
and eligibility to receive service gratuity/pension is essential to get this
one time lump sum benefit. Retirement gratuity is calculated @ 1/4th
of a month’s Basic Pay plus Dearness Allowance drawn before retirement for each completed six monthly period of qualifying service.
The maximum retirement gratuity payable is 16½ times the Basic Pay, subject to
a maximum of Rs. 10 lakh.
If the Government Servant dies while in service, the death gratuity shall be
paid to his family at rates furnished in the table below:
Sl. No.
|
Length of Qualifying Service
|
Rate of Death Gratuity
|
1.
|
Less than one
year
|
2 times of
emoluments
|
2.
|
One year or
more but less than 5 years
|
6 times of
emoluments
|
3.
|
5 years or
more but less than 20 years
|
12 times of
emoluments
|
4.
|
20 years or
more
|
Half of
emoluments for every completed six monthly period of qualifying service
subject to a maximum of 33 times of emoluments.
|
Maximum amount of Death Gratuity admissible is Rs, 10 lakh
with effect from 1.1.2006.
This was stated by Minister of State for Finance, Shri
Namo Narain Meena, in written reply to a question in the Lok Sabha today.
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