Who is eligible for old pension?

Who is eligible for old pension?

Pension Parishad Any individual 55 years or older should be eligible for old age pension; for women, eligibility to be 50 years or older.

Can pension be stopped?

– Pension are not in the nature of reward but there is a binding obligation on Government which can be claimed as a right. After a pension is sanctioned, its continuance depends on future good conduct vide Article 351, CSR [Rule 8, CCS (Pension) Rules, 1972] but it cannot be stopped or reduced for other reasons.

Who is not eligible for pension?

For the purpose of EPS scheme, salary is considered as basic wage plus dearness allowance (DA). So, according to the amended rules, if an individual’s basic wage plus DA exceeds Rs 15,000 a month, then he will not be eligible to join the EPS scheme.

When can a pension be stopped?

The pension can be stopped permanently, or for a certain period of time, if the retired employee is found guilty of a serious crime, or grave misconduct. The official pensioner’s portal of the Government of India says, “Future good conduct is the implied condition for grant/continuance of pension.

Is Pension a right or privilege?

THE ALLAHABAD High Court on Monday ruled that receiving pension is the fundamental right of an employee and his family. The court made it clear that the pension is not a bounty.

Is Pension a right?

Pension constitutes a fundamental right & deprivation of even a part of it cannot be accepted, except in accordance with the authority of law, the Nagpur bench of the High Court of Bombay held on Thursday. The bench struck down the action of the bank observing that it can’t fix pension payable to retired employees.

Can disciplinary proceedings continue after retirement?

Supreme Court Rules That Departmental Proceedings Can Not Be Continued After Retirement.

Can pension be attached?

Exemption of pension from attachment:— No… pension cannot be attached. In such circumstances…, Section 11 of the Pensions Act, 1871 protects from attachment, seizure, or sequestration pension or money due or to become due on account …

What is a pension attachment order?

A Pension attachment order redirects part or all of the member’s pension benefits to the ex-spouse or civil partner when it comes into payment. The Court instructs your scheme administrator or pension provider to make these payments to your ex-spouse or partner or vice versa.