Commutation Rule No.13: Eligibility

13.  Eligibility:-

An applicant who is authorized –

(i)    A superannuation pension under Rule 51 of the Railway Pension Rules; or

(ii)    A retiring person under rule 52 of the Railway Pension Rules; or

(iii)   A pension on absorption in or under a corporation or company or body in terms of rule 53 of the Railway Pension Rules and who elects to receive monthly pension and retirement gratuity; or

[Authority: RBE No.151/2013, No.2011/F(E)III/1(2)/13, 14.01.2013]

(iv)    A compensation pension on abolition of permanent post under rule 63 of the Railway Pension Rules; or

(v)     A pension in whole or in part on the finalization of the departmental or judicial proceedings referred to in rule 9 of the Railway Pension Rules and issue of final orders thereon.

shall, subject to the limit in rule 6, be eligible to commute a percentage of his pension without medical examination.

[Authority: RBE No.151/2013, No.2011/F(E)III/1(2)/13, 14.01.2013]

Provided that he applies for commutation of pension in Form 8 of the Railway Services (Pension) Rules, 1993 or in Form 1 or Form 2 of these rules in accordance with the provisions of rule 14.

[Authority: RBE No.113/2015, No.2015/F(E)III/1(2)/8, 22.09.2015]

NOTE: Pension referred to in clause (i), clause (ii) and clause (iv) shall include the provisional pension sanctioned under rule 91 of the Railway Pension Rules.