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KR
337 🥈

For CPS employees, employees or family members, pre mature exit/invalid/death, normal RPS-1980 pension rules applies with a condition to opt to surrender entire accumulated amount under CPS to Govt, if to get pension under RPS-1980.

In all cases of premature exit due to invalidation/death which were settled in terms of G.O.Ms.No.62, Finance (Pen.I) Department, dated.07.03.2014, as per the existing regulations of the PFRDA(Pension Fund Regulatory & Development Authority), the benefit mentioned, only after remitting to the Government account the amount withdrawn from their CPS account by the employees or their family members.

(G.O Ms. No; 58 Fin (HRM.V) dept dated: 11-06-2021)

4rm: krishna