pension commutation amount of Rs.2,53,943/- for the period from 01.11.2012 to 26.10.2013 and Rs.37,569/- as balance of commutation with interest ... respondents to pay Rs.1,76,996/- towards the pension commutation, together with interest at 18% per annum within a time frame.
Prayer
eligible to commute
a percentage of his provisional pension authorised under
Rule 69 of the Pension Rules or the pension, as the case ... Commutation of Pension) Rules, 1981 is misplaced.
The same merely allows the department to withhold commuted pension
in case of pendency of disciplinary proceedings; they
belated payment of the commuted value of pension which were already paid to the petitioner together with interest at the rate of 12% per annum ... petitioner interest for the belated payment of service/terminal benefits including the belated payment of the commuted value of pension which were already paid
directing the respondents to pay the petitioner's pension commutation amount together with 18% interest per annum within a time frame ... directing the respondents to pay the petitioner's pension commutation amount together with 18% interest per annum within a time frame
Surrender, ML credit, ERBS pension arrears, Pension DA arrears, Bonus and interest for belated settlement of Provident Fund, Commutation, Labour Welfare Fund and DA arrears ... salary, EL Surrender, ML credit, ERBS pension arrears, Pension DA arrears, Bonus, interest for belated settlement of Commutation, Labour Welfare Fund and settlement arrears
petitioner was eligible for commuted value of pension.
Therefore, the delay in payment of commuted value of pension stands
on similar footing as that ... entitled to
interest in equity. We, therefore, hold that the petitioner is entitled
to reasonable interest on gratuity and commuted value of pension at
least
filed the present writ
petition, seeking the release of commutation of pension alongwith interest
as per the Government instructions.
The learned counsel for the petitioner ... counsel for the petitioner is for payment of
interest on the delayed payment of commutation of pension.
After having heard the learned counsels
India Services(Commutation of Pension) Regulations, 1959 or CCS(Commutation of Pension) Rules, 1981 for payment of interest on commutation value of pension. There ... payment of commutation value. A pensioner continues to draw full pension till the payment of commutation value. As such, payment of interest on commutation value
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
including gratuity, leave encashment and commutation of
pension on attaining the age of superannuation on 30.06.2013 along
with interest at the rate ... including gratuity, leave encashment and commutation of
pension on attaining the age of superannuation on 30.06.2013 along
with interest at the rate
