PermissibleRetirementBenefits
Permissible Retirement Benefits to Employees
Permissible retirement benefits to employees and permissible benefits to dependents of employees who died during the period of service
| (A) | Permissive retirement benefits | (B) | Permissible benefits to the dependents of employee who died in service |
|---|---|---|---|
| 1 | Retirement pension
|
1 | Family pension to dependents (a) family pension (b) provisional family pension |
| 2 | Retirement gratuity (a) Provisional retirement gratuity |
2 | Death gratuity (a) Provisional death gratuity |
| 3 | Service gratuity | 3 | Compensation ex-gratia amount |
| 4 | Pension aggregation/encashment | 4 | Encashment of balance earned leave in account of deceased employee |
| 5 | Encashment of remaining earned leave | 5 | Payment of GPF balance amount |
| 6 | Payment of amount deposited in GPF account | 6 | Payable amount on the basis of amount deposited in GPF under Linked Insurance Scheme |
| 7 | Travel allowance on retirement | 6 | Employment to dependents in Board. |
| 8 | Medical facility and medical allowance | 8 | Provision regarding recruitment in Board for dependents of the Board employees missing in service and disposal of family pension |
| 9 | Power facility on special tariff | 9 | Amount payable as compensation on accident during work under Workers' Compensation Act, 1923, as amended |
| 10 | Farewell ceremony | 10 | Special ex-gratia payment to workers not covered under Workers' Compensation Act, 1923 |