Unlocking the Extra Pension: What Retired Central Government Employees Need to Know!
Ah, retirement—finally, the golden years where you can relax, travel, and enjoy life… or maybe catch up on all those TV shows you missed while working! But for retired Central Government Civil Employees, there’s more than just relaxation to look forward to—there’s also additional pension! Yes, you read that right: the pension gets a little boost as you age, thanks to the Central Civil Services (Pension) Rules, 2021.
When Does the Extra Pension Kick In?
According to Sub Rule 6 of Rule 44 of CCS(Pension) Rules 2021 (the updated version of Rule 49(2-A) from the 1972 rules), the government shows its appreciation for your long years of service by increasing your pension once you hit 80 years of age. And guess what? The older you get, the higher that pension climbs!
Here’s the deal:
- From 80 years to less than 85 years: You get 20% extra on your basic pension or compassionate allowance.
- From 85 years to less than 90 years: Make it 30% extra.
- From 90 years to less than 95 years: A cool 40% on top of your basic pension.
- From 95 years to less than 100 years: You’ll enjoy 50% extra.
- 100 years or more: You hit the jackpot—100% extra! That’s right, you double your basic pension at this stage!
When Does It Start?
This extra pension doesn’t sneak in on your birthday but shows up on the first day of the month in which you hit the milestone. So, if you turn 80 on the 20th of August 2024, your increased pension will start from the 1st of August. Yes, the government is that punctual!
For example, let’s say you were born on 1st August 1942. You’ll be eligible for that 20% pension boost starting on 1st August 2022. If you were born a few days later, on 20th August 1942, you still start getting that sweet bonus from 1st August 2022. No waiting around for your actual birthday!
Compassionate Allowance Boost Too!
And if you’re receiving a compassionate allowance, good news: the same rules apply. So, as you age, that extra income gets a little more generous, making sure your retirement stays as comfortable as possible. Turning 80 just got a little more exciting, didn’t it? Whether you’re approaching your octogenarian years or already in them, these pension boosts are something to look forward to. The government is all set to reward your long and dedicated service, so relax and enjoy that extra income—it’s well-deserved!
