Rounding off of a fraction of a rupee in regulation of additional pension
Government of India
Ministry of Defence
Department of Ex-Servicemen Welfare
Dated 23 December, 2015
The Chief of Army Staff
The Chief of Naval Staff
The Chief of Air Force Staff
Sub: – Rounding off of a fraction of a rupee in regulation of additional pension.
The undersigned is directed to say that vide this Department’s letter No. 17(4)12008(1)/D(Pen/Pol) dated 11.11.2008 and letter No. 17(4)/2008(2)/D (Pen/Pol) dated 12.11.2008, instructions were issued for grant of additional pension/family pension @ 20% to 100% to old pensioners/family pensioners of the age of 80 years and above.
2. A question has been raised as to how the amount of additional pension is to be regulated in cases the additional pension results in fraction of a rupee. The matter has been examined in consultation with Ministry of Finance (Department of Expenditure) and Deptt of Pension & Pensioners Welfare and it has been decided that the amount of additional pension as finally calculated, may be rounded off to the next higher rupee. In cases the pension/family pension of old pensioners has been fixed/revised without rounding off the additional pension, in those cases also, the additional pension may be rounded off in the next higher rupee hereinafter. However, no arrears for the period from 1.1.2006 on account of such rounding off would be paid in those cases.
3. This issues with the concurrence of. Ministry of Defence(Fin/Pen) vide their ID No. 25(06)/2015/Fin/Pen dated 07.12.2015.
Under Secretary to the Government of India
Stay connected with us via Facebook, Google+ or Email Subscription.
Subscribe to Central Government Employee News & Tools by Email [Click Here]
Follow us: Twitter [click here] | Facebook [click here] | Google+ [click here]