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    PHOTOGRAPHS OF RELEASE OF NEW BOOKLET FOR PENSIONERS BY AOA

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    PHOTOGRAPHS OF RELEASE OF NEW BOOKLET FOR PENSIONERS BY AOA

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    PHOTOGRAPHS OF BANKERS' MEET HELD ON 12 APR 17

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    PHOTOGRAPHS OF BANKERS' MEET HELD ON 12 APR 17

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    PHOTOGRAPHS OF BANKERS' MEET HELD ON 12 APR 17

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    PHOTOGRAPHS OF BANKERS' MEET HELD ON 12 APR 17

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    PHOTOGRAPHS OF BANKERS' MEET HELD ON 12 APR 17

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    MIG-29

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    C-17

1. The pensioners who have retired between 1.1.2016 and date of issue of orders for revised pay/ pension based on the recommendations of the 7th CPC, shall have an option, in relaxation of provisions of relevant Pension Regulations, not to commute the pension which has become additionally commutable on retrospective revision of pay / pension on implementation of recommendations of the 7th CPC.

2. Option form for this purpose is enclosed as Appendix ‘A ’ to be used for this purpose. 

3. The option for commutation of additionally commutable amount will required to be submitted in 4 copies (Ink signed in original) within 4 months from the issue of the Govt. letter (GoI, MoD letter No.17(02)/2016-D(Pen/Pol) dated 04.09.2017

4. The option exercised after expiry of 4 months from issue of the Govt. letter will not be entertained. 

5. The claim submitted without exercise of the said option or if no option for commutation of additionally commutable amount of pension is received within stipulated time period as mentioned above, it will be presumed that pensioner is not willing to commute additionally commutable amount.