Know Your salary particulars

Latest Notifications


Teachers9.com


Students Useful Info


Teachers9.com

Employ Health Scheme

Excel Softwares

All Useful G.O's

Results


Video Tutorials

Exam Time Tables

VZM Info

AP GO MS No 47 Payment of Gratuity and Family Pension to CPS Employees - Guidelines

AP GO MS No 47 Payment of Gratuity and Family Pension to CPS Employees - Guidelines
As per AP GO MS No 47, Pensions – Contributory Pension Scheme (NPS) –Payment of Gratuity to the employees covered by CPS and invalidation pension & family pension at the option of the employee/ family members in case of premature exit due invalidation/death of the Comprehensive guidelines - issued. ap-go-ms-no-47-payment-of-gratuity-and-pension-cps-employees-guidelines
AP GO MS No 47 Payment of Gratuity and Family Pension to CPS Employees - Guidelines

AP GO MS No 47 Payment of Gratuity and Family Pension to CPS Employees - Guidelines

How to calculate the graduty of a CPS employ
CPS Pension Scheme-These benefits are:

  1. Invalid Pension and Retirement Gratuity, in case of retirement from Government service on invalidation not attributable to Government duty.
  2. Family pension (including enhanced family pension) and Death gratuity, in case of death in service not attributable to Government duty.
  3. Disability pension and Retirement gratuity in case f discharge from Government service due to disease or injury attributable to Government duty.
  4. Extra-ordinary family pension & Death gratuity, in case of death in service attributable to Government duty.
  5. Instructions were issued extending the benefit as mentioned above provisionally to the employees of State Government covered by Contributory Pension Scheme (NPS). Duly applying similar provisions of the A.P Revised Pension Rules, 1980 with a condition to adjust the payments/relief made to the employees the against the accumulated funds in CPS account, pending finalization of the guidelines.
  6. However, while issuing orders vide G.O. fifth read above, adopting exit policy and interim guidelines. The orders issued in the reference fourth read above were withdrawn, as a result of which the benefits of Recruitment/Death gratuity and Family pension, extended an additional relief by the G.O.I vide OM third above to its employees are not admissible to the similarly placed persons in the state government service or their legal heirs.
G.O COPY OF G O MS No 47

Get updates from this Blog via Email :


Download our Android App here and get updates instintly
Download