TS GO99 Enhanced of max. limit of Retirment Gratuity

GOVERNMENT OF TELANGANA

PENSIONS – Enhancement of maximum limit of Retirement Gratuity from Rs.8,00,000/- to Rs.12,00,000/- - Orders - Issued.

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FINANCE (PENSION-I) DEPARTMENT

G.O.Ms.No.  99                                                        Dated: 21-07-2015.

 Read the following:

1. G.O.Ms.No.249 Finance (Pen-1) Department, dated 04.10.2005
2. G.O.Ms.No.101 Finance (Pen-1) Department, dated 06.04.2010
3. G.O.Ms.No.51 Finance (Pen-1) Department, dated 01.04.2011
4. G.O.Ms.No.95 G.A. (Spl.A) Department, dated.28.02.2013.
5. G.O.Ms.No.25   Finance (HRM.IV) Dept., dated:18.03.2015

O R D E R:

In the Government Order 4th read above, orders were issued constituting Tenth Pay Revision Commission appointing Sri Pradeep Kumar Agarwal, IAS (Retd) as Pay Revision Commissioner laying down the terms of reference of the Commission.  

2.      The Tenth Pay Revision Commission submitted its report to  the Government on 29.05.2014 and recommended, inter-alia, to the effect that:

The maximum limit of the Retirement Gratuity be raised from  Rs.8,00,000/- (Rupees Eight Lakhs only) to Rs.12,00,000/- (Rupees Twelve Lakhs only)

3.      After careful consideration of the Report, Government decided  to accept the recommendations of the Pay Revision Commissioner and hereby order that:

1. i)    The  maximum  limit  of  Retirement  Gratuity  ordered  in                  G.O .Ms  No. 51 Finance (Pen.I) Department dated 01.04.2011 be raised from Rs. 8,00,000/- (Rupees Eight lakhs only) to Rs.12,00,000/-(Rupees Twelve Lakhs only).
2. ii)    The  formula  for  calculation  of  Retirement  Gratuity  shall  be followed  as ordered in para 3 of G.O.Ms.No.14 Finance & Planning (FW: Pen.I) Department, dated 30.1.1999.
3. iii)    As regards the arrears on account of revision of Gratuity   from 02.06.2014 to 28.02.2015, orders will be issued separately.  The revised gratuity shall be paid in cash from the month of March onwards.

4     These orders shall come into force with effect from 02.06.2014 and shall apply to all Government Servants including the retired University/ Government/ Aided College Teachers who are drawing the UGC pay Scales in the state and to all Non-Government service Pensioners whose service Pension is being charged to 2071 Pension and Other Retirement benefits who retired or whose death took place on or after this date.

5.      Necessary amendments to Rule 46 of the Andhra Pradesh Revised Pension Rules 1980, will be issued separately.

6.      The G.O is available on Internet and can be accessed at the address http://goir.telangana.gov.in and http://fiinance.telangana.gov.in.

[BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELANGANA]

N.SIVA SANKAR

SECRETARY TO GOVERNMENT

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