Retirement is a moment when you can finally unwind and realize your long-held ambitions. However, if you are unprepared, it might be a difficult period. Narendra Modi has reduced family pension requirements in light of the Covid-19 epidemic.
A pension is a fund into which a quantity of money is deposited throughout an employee's job years and from which payments are made in the form of monthly payments to support the person's retirement from work.
Immediate sanction of family pension (Provisional)
Union Minister Jitendra Singh, speaking about the Department of Pension and Pensioners Welfare's (DoP&PW) important reforms, said that a provision was recently made for the provisional family pension to be sanctioned immediately on receipt of a claim for family pension and a death certificate from an eligible family member, without having to wait for other formalities or procedural requirements. This provision, he explained, applies in the event of death during the pandemic, whether due to COVID or a non-COVID reason.
Earlier pension rule
According to Rule 80 (A) of the CCS (Pension) Rule 1972, if a government official dies while on duty, a provisional family pension may be granted to an eligible family member only after the case has been presented to the pay and accounts office (PAO).
However, in light of the ongoing pandemic, instructions were issued that Provisional Family Pensions could be granted immediately upon receipt of a Family Pension claim and Death Certificate from an eligible family member, rather than waiting for the Family Pension case to be forwarded to the Pay and Accounts Office.
Provisional Pension extention
The Minister stated that another key change recently announced allows that payment of Provisional Pension may be prolonged up to a year from the date of retirement with the consent of the PAO and following the permission of the Head of the Department.
Provisional Pension is generally sanctioned for a period of six months under Rule 64 of CCS (Pension), 1972, in circumstances where a government officer is likely to retire before his pension is finalized.
However, orders were provided for the awarding of a Provisional Family Pension in accordance with Rule 64 in cases where papers were not submitted on time.
Dr. Jitendra Singh stated that in the aftermath of the pandemic, the Department of Pension and Pensioners Welfare has been compassionately reacting to each of the challenges affecting pensioners and senior citizens on a regular basis. Reforms are also being implemented as a result, he noted.