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Thursday, September 1, 2016

Govt. extends gratuity benefit to NPS subscribers

Govt. extends gratuity benefit to NPS subscribers

The much expected and long awaited order regarding gratuity for employees under "National Pension System"(New Pension Scheme) has finally released.
"The issue of grant of gratuity in respect of government employees covered by the National Pension System has been under consideration of the Government. It has been decided that the government employees covered by National Pension System shall be eligible for benefit of ‘Retirement gratuity and Death gratuity’ on the same terms and conditions, as are applicable to employees covered by Central Civil Service (Pension) Rule,1972."

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