- Advertisement -
HomePersonal Finance7th Pay Commission rule changed: Big news to retiring employees! Government made...

7th Pay Commission rule changed: Big news to retiring employees! Government made changes in this rule, know the new rules

- Advertisement -
- Advertisement -

New Delhi. 7th Pay Commission Update: The Central Government has taken an important decision, giving relief to the retiring employees. Actually, the government has amended the Composite Transfer Grant Rules for retiring employees. Lakhs of Central Government Employees are going to get the benefit of this.


The Government of India has decided to do away with the CTG limits in cases where the retiring employee resides at the last station of duty or at a station more than 20 kilometers away from it. So far, the central government pays one-third of the CTG to those employees who do not stay at the station at the end of duty or more than 20 km away from it.

You will be able to take full CTG to settle at other place

According to this revised rule of the government, after retirement, central employees will be able to take full CTG (80 percent of the basic pay of the previous month) to settle at the last station or any other place. However, the actual change of residence must be involved in order to claim the grant. On the other hand employees who settle at some other place can get 100% CTG.

They get 100% CTG of basic pay

Currently, CTG is deposited with the central government on the basis of 80 per cent of the basic salary of the previous month. However, employees residing in or outside the regions of Andaman-Nicobar and Lakshadweep get 100 per cent of the basic salary after their retirement.

Department of Expenditure issued notification


The Department of Expenditure under the Ministry of Finance said in a notification dated 6 January that it has been decided to remove the condition of 20 km beyond the last station of duty after retirement for the purpose of CTG. Full CTG (80 per cent of the basic pay of the previous month) will be admissible for settling at a station other than the last station of duty or last station of duty after retirement.

This is how you can claim for CTG

CTG is a one-time grant given by the government. This helps in shifting the retired employees from the last station of duty. To claim this, Central Government employees will have to submit a self-declaration certificate regarding change of residence in the prescribed format. Only then can the claim be paid.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments