NPS eligible for death cum retirement gratuity

Dear comrades,

The Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha today stated that Death-cum-Retirement Gratuity is paid to Central Government employees under New  Pension System (NPS) as it is paid under the old pension scheme and that the monthly annuity under the New Pension System (NPS) is only a replacement of pension on retirement and family pension of death after retirement.

Click here to download PIB press note

Yours fraternally

GS

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