7133 of 2018
the gratuity, full pension and also commutation of pension with an applicable
and appropriate interest thereon in view of the Deputy General ... respondents
dated 06.08.2020, seeking interest for commutation of pension as well as
gratuity. For commutation of pension, the same will be disbursed from the date
retiral
benefits particularly for grant of gratuity, leave encashment and commuted
pension with interest.
The facts of the case which are necessary for the disposal
sanction of interest, but for other retiral benefits, including pension, commutation of pension, interest cannot be granted. Following the decisions of the Apex Court ... which includes pension or service gratuity and death-cum-retirement gratuity, wherever it is admissible. Pension Rules also deal with family pension, commutation value, duty
arrived at a conclusion in commutation of pension, pension and future pension
benefits and also not paid the interest for the belated payments of commutation ... received his pension, Commutation of Pension, Death cum
Retirement Gratuity on 03.10.2006 from the Treasury Officer, Madurai. On working
out the commutation and by comparing
towards the Pension
Commutation amount and Rs.32,716/- towards arrears of pension
together with 18% interest per annum within a time frame ... towards
the Pension Commutation amount and Rs.16,800/- towards arrears of
pension together with 18% interest per annum within a time frame
commutation of pension
was not paid to the petitioner along with the statutory interest, which
has been contemplated under Section ... retiral benefits of the
petitioner i.e. gratuity with interest, commutation of
pension since the date of retirement and amount of
General Provident Fund
Respondents to sanction terminal benefits including pension, gratuity, commutation of pension, leave encashment and bonus including interest thereon. Accordingly, he moved the Honble High ... terminal benefits i.e. pension, gratuity, pension-commutation, arrear of leave encashment, bonus, and the interest accrued on the late payment to be made
interest is admissible for the delayed payment of (a) Commuted Pension; (b) reduced monthly pension; (c) gratuity and (d) leave encashment?
7. Admittedly, the Applicant ... claims of the Applicant.
(a) Interest on Commuted Pension.
31.08.2009- Applicant retired.
29.12.2009- `621237 Commuted Value of Pension
was paid.
Delay of 3 months
proceedings being conducted against
him, gratuity, leave encashment and commutation of permissible portion of
pension, were withheld. While withholding the aforesaid monetary
benefits, the appellant ... gratuity, encashment of privileged leave balance and
commutation of permissible portion of pension. Additionally, he claimed
interest, from the date the aforesaid retiral benefits became
Pension if 40% of Pension is commuted) i.e., Rs. 2800 x 125.52 = Rs. 3,51 ,456/-
(d) and after commutation of pension balance payable ... Commuted value of if 40% of Pension is commuted) i.e., Rs. 4280 x 125.52 = Rs. 5,37,226/-
(d) and after commutation of pension
