Commutation Of Pension Rules

15.   Action To Be Taken By The Head Of Office On Application For Commutation Of Pension:- (1)   The Head

14.  Application For Commutation Of Pension:- (1)   An applicant, who is in receipt of any pension referred to in

13.  Eligibility:- An applicant who is authorized – (i)    A superannuation pension under Rule 51 of the Railway Pension

12.  Scope:- The provisions of this Chapter shall apply to an applicant who is eligible to commute a percentage of

11 A.       Restoration Of Commuted Pension:- The commuted amount of pension shall be restored on completion of fifteen years

11.  Retrospective Revision Of Final Pension:- An applicant who has commuted a percentage of his final pension and after commutation

10.      Commutation Of Provisional Pension:- (1)   A railway servant to whom, pending assessment of final pension, provisional pension has

9.    Calculation Commuted Value Of Pension:- The lump sum payable to an applicant shall be calculated in accordance with the

8.      Nomination:- An applicant shall make a nomination in Form 6 along with the application referred to in rule 14

7.      Commutation Of Pension To Become Absolute:- (1)     The commutation of pension shall become absolute in the case of an