Ministry Clarification on Gratuity Pay under New Pension System

Death-cum-Retirement Gratuity is paid to Central Government employees under New  PensionSystem (NPS) as it is paid under the old pension scheme. The monthly annuity under the New Pension System (NPS) is only a replacement of pension on retirement and family pension of death after retirement. The benefits of Death cum Retirement Gratuity (DCRG) and pension/family pension have… Read More

Tags: Business, Central Government, Civil service, Dearness Allowance, Payment, Pension, Retirement, Tip (gratuity)