Now no tension about money after retirement, government has made this new time table for pension and gratuity.

News India Live, Digital Desk: There is a very good news for lakhs of employees retiring from government jobs. It is often seen that after retirement, employees have to visit offices for months to get their pension and gratuity money. To end this problem, the Central Government has now taken a big and necessary step.

The Department of Pension and Pensioners’ Welfare (DoPPW) has set a timeline that will ensure that no employee has to wait long for his money after retirement. This new timeline has been issued under the ‘Central Civil Services (Pension) Rules, 2021’, in which a clear roadmap has been prepared to complete all the processes before retirement.

Let us understand in simple language what will happen for the retiring employees and when.

Now the process will start 15 months before retirement

According to the new rules of the government, now the process of retirement of any employee will start not on the day of his retirement or after, but one and a quarter year before.

• 15 months ago: Every Head of Department (HoD) will have to prepare by the 15th of every month a list of all those employees who are going to retire in the next 15 months. With this, the department will know in advance whose case has to be processed and when.
• 1 year ago: Scrutiny of the employee’s service record will begin just 12 months before retirement. If there is any mistake in the service book or any information is incomplete, it will be corrected during this time, so that there is no problem in calculating the pension at the last moment. If the employee is staying in a government accommodation, then all the formalities related to it will also be completed at this time.
• 6 months ago: The employee will have to fill and submit his pension related form (Form 6-A) 6 months before retirement. It will be the responsibility of the employee to submit it on time.

Pension Payment Order (PPO) will be ready even before retirement

The biggest change is that now all the paperwork related to pension and gratuity will be completed much before retirement.

• 4 months ago: The department will have to complete the complete calculation of pension and preparation of all the documents related to the case 4 months before retirement.
• 2 month ago: When the pension case reaches the Accounts Officer, he should complete all the investigations at least 2 months before the date of retirement. Pension Payment Order (PPO) Will have to be issued.

The biggest advantage of this entire process will be that the employee will start getting his pension immediately after retirement and the gratuity money will also come into his account without any delay. This step of the government has brought great relief to lakhs of employees who were worried about financial security after retirement. Now instead of ‘first work, then rest’, ‘preparation for rest along with work’ will be ensured.