This is not an official blog of any Treasury or the Treasury dept. These are only some information collected from the internet.

Sunday, November 21, 2010

5% Increase in the Basic Pension

          In G.O (P) No.602/2010/Fin dated 19/11/2010 government have ordered an increase of 5% in the existing monthly basic pension/family pension will be allowed with effect from 01.04.2009 including those who draw minimum pension/family pension. These orders will be applicable to employees and teachers on State Government scales of pay who retired/expired while in service during the period from 01.03.2002 to 30.06.2004.

          While allowing the increase, it shall be ensured that the ceiling on maximum pension will be observed ie., the pension shall not exceed the prescribed limit. In the case of employees and teachers who retired/expired while in service on or after 01.07.2004 and were drawing basic pension/family pension below Rs.2,520/-, their pension/family pension will be fixed at Rs.2,520/-.

          The monetary benefit will be admissible with effect from 01.04.2009. All the pensioners/family pensioners who are eligible for enhancement of pension under these orders shall submit the prescribed application (Proforma appended) to the Pension Disbursing Authority through Pension Sanctioning Authority. The Pension Sanctioning Authority after scrutiny and confirmation of the details furnished by the applicant shall forward the same to the Pension Disbursing Authorities concerned for further action.

          Commutation shall not be allowed on the basis of the enhanced pension. After revision of pension, the Pension Disbursing Authorities shall prepare a statement in the form appended to this order in triplicate and sent one copy of the same to the Pensioner and one copy to the Accountant General (A&E), Kerala, Thiruvananthapuram for verification and updation of registers maintained by Accountant General.

          These orders are not applicable to the teaching staff whose date of superannuation is prior to 01.03.2002.

          For more details, please click here to downlaod the Order.

Updated on 27.12.2010
   Govt. have modified this order. Read my new post Modifications to 'Pension Increase' Order for more details.

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