A Portion Of Pension As Lumpsum Payout Only Once: Clarifies Government

November 16, 2022 0 Comments

A Portion Of Pension As Lumpsum Payout Only Once: Clarifies Government https://ift.tt/EYigvqt According to Rule 5 of the CCS (Commutation of Pension) Rules 1981, a government employee can choose to commute an amount up to 40% of the basic pension as a lump-sum payment.