https://www.taxtmi.com/news?id=11127 Death-cum-Retirement Gratuity under NPS is payable on the same basis as under the old pension scheme; the Department provisionally allowed DCRG and pension/family pension for invalidation/disability retirement and in-service death at equivalent rates by OM dated 5.5.2009. Retirement gratuity requires a minimum of five years' qualifying service and is calculated at 1/4th of a month's Basic Pay plus Dearness Allowance per completed six monthly period, subject to a maximum of 161/2 months' Basic Pay and an overall monetary ceiling. Death gratuity to family is payable at specified multiplicative rates of emoluments based on length of qualifying service, subject to the maximum limit. en-us Fri, 03 May 2013 17:24:22 +0530 Fri, 03 May 2013 17:24:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11127 Death-cum-Retirement Gratuity under NPS is payable on the same basis as under the old pension scheme; the Department provisionally allowed DCRG and pension/family pension for invalidation/disability retirement and in-service death at equivalent rates by OM dated 5.5.2009. Retirement gratuity requires a minimum of five years' qualifying service and is calculated at 1/4th of a month's Basic Pay plus Dearness Allowance per completed six monthly period, subject to a maximum of 161/2 months' Basic Pay and an overall monetary ceiling. Death gratuity to family is payable at specified multiplicative rates of emoluments based on length of qualifying service, subject to the maximum limit. News - Fri, 03 May 2013 17:24:22 +0530 https://www.taxtmi.com/news?id=11127