Question : PENSION RULES FOR EMPLOYEES OF PSUS



(a) whether the pension rules have been modified for all the public sector employees;

(b) if so, the details thereof; and

(c) the Public Sector Undertakings where the gratuity ceiling has not been raised and the reasons for the same?

Answer given by the minister


THE MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI ARUN YADAV)

(a) & (b) Department of Public Enterprises (DPE) has issued orders which, inter alia, provide pension scheme within 30% ceiling of Basic Pay and DA. The Pension Scheme is to be framed and operated by the Central Public Sector Enterprises (CPSEs).

(c), DPE has issued orders enhancing Gratuity to Rs. 10 lakh in respect of CPSEs employees. However, CPSE wise information is not centrally maintained.