Additional Payments!!! Pension Benefits in 7th Pay Commission – Get Complete Details Here!!! The Central Government has Formed a 7th Pay Commission to Bring Several Changes in the Budgets and Pay Scale. The Newly Framed 7th Pay Commission has made Several Recommendations. The Pension Benefits is Also Listed in the Recommendations. Get Complete Details here.
The 7th Pay Commission will make Various Suggestions in the Rank Structure, Pay, Allowances and Pension of the Employees. Now, there are many Doubts aroused in the Pensions Framework and Its Calculation Methods. There were No Clear Mentioning of “Who to Get the Additional Payments in the Pension Benefits” and “Who are Not Benefited”. Nearly 40% of Pension is to be Computed into a Lump Sum Payment.
Now, the Central Government has Clarified that the Application of the Pensioner for commutation was submitted after retirement and Not at the time of retirement are Eligible for Additional Payments. The Pension is Calculated after the Retirements and Percentage of Benefits are Hiked, then the Difference Amount will Also be Paid to the Candidates. No New or Fresh Application need to be Submitted for that Purpose Separately.