Introduction
- A Pensioner can commute a portion of his/her pension for lump sum. The maximum portion of pension that can be commuted is 40% of basic pension from 01.03.2006. No commutation of pension will be allowed to a person against whom judicial/departmental proceedings is pending. Commutation of pension is calculated at 40 percent of pension * commutation factor as on next birthday as per ANNEXURE-III in Appendix X of KSR *12 years
- Relevant part of Commutation table is given below
| 55 years of age | 11.73 |
| 56 years of age | 11.42 |
| 57 years of age | 11.10 |
| 58 years of age | 10.78 |
| 59 years of age | 10.46 |
| 60 years of age | 10.13 |
Restoration
- Restoration period of commutation is 12 years. After the restoration no commutation shall be allowed
Compulsory Retirement on Penality
A Government servant who gets compulsory retirement as penalty may be granted pensionary benefits based on his qualifying service