SECTION V. -
Payment of Commuted Value
11.13. (a) The Accounts Officer on receipt of the completed Forms Pen. 12 and Pen.14 and the copy of photograph attested by the Medical authority, shall arrange forthwith for the payment of the appropriate commuted value and for the corresponding reduction of pension.
(b) If the applicant on receipt of the sanction order withdraw his application within the period prescribed in rule 11.10 he should intimate his intention in writing to the Accounts Officer direct and to the sanctioning authority simultaneously.
Note 1. - If the medical certificate prescribes that more than five years should be added to the applicant's actual age, the Accounts Officer, shall forthwith inform the applicant of the revised sum payable on commutation.
Note 2. - See also rules 7.5 and 7.6.
11.14.Payment of the commuted value shall be made as expeditiously as possible, but in the case of an impaired life no payment shall be made until either a written acceptance of the commutation has been received or the period within which the application for the commutation may be withdrawn has expired. The reduction in the amount of pension on account of commutation shall become operative from the date of receipt of the commuted value of the pension by the pensioner or three months after the issue of the authority asking the pensioner to collect the commuted value of the pension by the Accountant-General, whichever is earlier. This date will be entered in both halves of the Pension Payment Order by the Treasury Officer under intimation to the Accountant-General.
Note 1. - In the case of an impaired life, this rule does not preclude the pensioner's right to record his acceptance of the commutation after the medical examination and before he receives intimation of the revised sum payable on a commutation from the Accounts Officer. Such acceptance will, however, always be treated as final, that is to say, the pensioner will have no title whatsoever to rescind his acceptance on receipt of intimation of the revised sum from the Accounts Officer.
Note 2. - In view of the fact that rule 11.11 confers an absolute right on commutation subject to the prescribed conditions, payment of commuted value should not be postponed on the ground of lack of funds.
11.15.The lump sum, in cases in which application is addressed to the authorities in India under clauses (1) and (2) of rule 11.2, shall be payable in India; in all other cases it shall be payable at the Treasury in U.K. The rate of exchange for conversion of the lump sum, where the question of conversion arises, shall be such as the Government of India may from time to time prescribe.
11.16.If the pensioner dies on or after the day on which commutation became absolute but before receiving the commutation value, this value shall be paid to his heirs.
11.17.A commutation once applied for, sanctioned and given effect to, can not be rescinded, i.e., the portion of a pension commuted can not be restored on refund of the capitalised value.
ANNEXURE
[Referred to in Rule
11.5(2)]
Commutation table based on the rate of interest of 4.75 percent per annum and the improvement in mortality rate as adopted by the Central Government in case of their pensioners (commutation value for a pension of rupee one per annum).
|
Age next birth day |
Commutation value expressed as number
of years' purchase |
Age next birth day |
Commutation value expressed as number
of years' purchase |
|
1 |
2 |
3 |
4 |
|
17 |
19.28 |
26 |
18.34 |
|
18 |
19.20 |
27 |
18.21 |
|
19 |
19.11 |
28 |
18.07 |
|
20 |
19.01 |
29 |
17.93 |
|
21 |
18.91 |
30 |
17.78 |
|
22 |
18.81 |
31 |
17.62 |
|
23 |
18.70 |
32 |
17.46 |
|
24 |
18.59 |
33 |
17.29 |
|
25 |
18.47 |
34 |
17.11 |
|
Age next birth day |
Commutation value expressed as number of years' purchase |
Age next birth day |
Commutation value expressed as number of years' purchase |
|
35 |
16.92 |
61 |
9.81 |
|
36 |
16.72 |
62 |
9.49 |
|
37 |
16.52 |
63 |
9.15 |
|
38 |
16.31 |
64 |
8.82 |
|
39 |
16.09 |
65 |
8.50 |
|
40 |
15.87 |
66 |
8.17 |
|
41 |
15.64 |
67 |
7.85 |
|
42 |
15.40 |
68 |
7.53 |
|
43 |
15.15 |
69 |
7.22 |
|
44 |
14.90 |
70 |
6.91 |
|
45 |
14.64 |
71 |
6.60 |
|
46 |
14.37 |
72 |
6.30 |
|
47 |
14.10 |
73 |
6.01 |
|
48 |
13.82 |
74 |
5.72 |
|
49 |
13.54 |
75 |
5.44 |
|
50 |
13.25 |
76 |
5.17 |
|
51 |
12.95 |
77 |
4.90 |
|
52 |
12.66 |
78 |
4.65 |
|
53 |
12.35 |
79 |
4.40 |
|
54 |
12.05 |
80 |
4.17 |
|
55 |
11.73 |
81 |
3.94 |
|
56 |
11.42 |
82 |
3.72 |
|
57 |
11.10 |
83 |
3.52 |
|
58 |
10.78 |
84 |
3.32 |
|
59 |
10.46 |
85 |
3.13 |
|
60 |
10.13 |
|
|
LIST OF
AUTHORITIES WHO EXERCISE THE POWERS OF COMPETENT AUTHORITY
12.1. The following authorities shall exercise the powers of a competent authority under the various rules :-
|
SN |
No. of Rule |
Nature of power |
Authority to
which the powers delegated |
Extent |
|
1. |
2.5 |
Power to grant compassionate allowance to a Government employee dismissed or removed from service for misconduct, insolvency, or inefficiency. |
Authority competent to order dismissal or removal of the Government employee |
Up to half of the pension that would have been admissible to the Government employee dismissed or removed if he had retired on medical certificate provided it is specifically explained why his case deserves special consideration and for what special reasons maximum allowance admissible had to be granted. |
|
2. |
3.13 |
Power to allow in individual cases service rendered by a Government employee to count for pension even though it does not fulfil either or both of conditions (1) and (2) of rule 3.12 |
All Departments of Government |
(1) Full powers if the pension does not exceed Rs.50 per mensem. N.B. - These powers are to be exercised in special circumstances and not as a matter of course. (2) If the pension exceeds Rs.50 per mensem half the actual non-qualifying service paid from the Government revenues, may be allowed to count for pension subject to a maximum of 12 months in all. |
|
3. |
4.12 |
Power to declare that the period spent by Government employees under going a course of training shall be counted towards pension. |
All Departments of Government |
Full powers except in regard to a person in training for, but not actually appointed to, Government service. |
|
4. |
7.17 and 7.18 |
Powers to sanction reemployment on the guard establishment of Military and Police Pensioners with full pension in addition to the full pay of the post. |
Divisional Officers and Superintending Engineers, Irrigation Branch, Punjab. |
Full powers. |
|
4-A. |
7.20 |
Power to fix pay of Military pensioners on re-employment in civil posts. |
Departments of Government and the Speaker, Punjab Vidhan Sabha. |
Full powers. |
|
4-B. |
7.26 |
Power to sanction the acceptance of commercial employment by a pensioner before the expiry of two years from the date of retirement. |
All Departments of Government. |
Full powers. |
|
4-C. |
7.18 |
Power to fix the pay and allowances of pensioners on re-employment |
All Departments of Government. |
Full powers. |
|
5. |
11.6 |
Power to sanction the commutation of Civil pensions. |
All Heads of Offices. |
Full powers both in case of Gazetted and non-gazetted Government employees under them, subject to the provisions of chapter XI. |
Note. - The Administrative Department and Heads of Departments may re-delegate the powers delegated to them in the above table, on their own responsibility and subject to such restrictions as they may like to impose, to any officer under them at their headquarter offices. Copies of such orders should invariably be endorsed to Finance Department, and the Accountant-General, Punjab.
"Note:- (i) The Administrative Department may redelegate the powers delegated to them in the above table to the Heads of Departments on their own responsibility and subject to such restrictions as they may like to impose :-
Provided that such redelegated powers shall be exercised personally by the Heads of Departments and shall, in no circumstances be further delegated by them to officers subordinate to them :-
Provided further that the copies of all such orders shall invariably be ordered to the Accountant-General (Accounts and Entitlement) and the Accountant-General (Audit).
ii) The Heads of Departments may re-delegate the power delegated to them in the above table other than the powers delegated to them under the clause (I) above to any officer subordinate to them at their headquarter's offices on their own responsibility and subject to such restrictions as they may like to impose :
Provided that such re-delegated powers shall be exercised personally by such officers and shall in no circumstances be further delegated :-
Provided further that the copies of all such orders shall invariably be endorsed to the Accountant-General (Accounts and Entitlement) and the Accountant-General (Audit).