PENSIONS – Retirement Gratuity Enhancement –Enhancement of maximum limit of Retirement
Gratuity- Orders –Issued-FINANCE (HRM.V-Pension) DEPARTMENT- G.O.MS.No. 6 Dated: 11-01-2016
O R D E R:
O R D E R:
- In the G.O. fourth read above orders were issued increasing the maximum limit of Retirement Gratuity from Rupees eight lakhs to Rupees ten lakhs from the date of issue of the orders. In the references fifth and sixth read above it was represented to enhance the limit of Retirement Gratuity to Rs.12 lakhs as recommended by the Tenth Pay Revision Commission.
- Government, after careful consideration have decided to accept the recommendations of the Tenth Pay Revision Commission on enhancement of maximum limit on Retirement Gratuity to Rs.12 lakhs and accordingly, hereby order that the maximum limit of Retirement Gratuity be enhanced to Rs. 12 lakhs
- These orders shall come into force with immediate effect and shall apply to the employees of state government and local bodies whose service pension is being charged to 2071-Pension and other Retirement benefits.
- Necessary amendments for Rule 46 of the Andhra Pradesh Revised Pension Rules 1980 will be issued separately.
- As far as calculation of Commutation is concerned, the existing orders shall continue.
- Click here to Download GO MS No 6 Dt 11.01.2016