ANDHRA PRADESH REVISED PENSION RULES, 1980 (As ... - APHB

APNDIX - IV
[G.O.Ms.No.176, Fin & Plg (FW.Pen.I) Dept., dt. 23.6.82]
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19. Restoration of communted portion of pension absorbed
employees :
(a) The benefit of restoration of admissible commuted portion of pension
after a period of 15 years from the date of commutation is permissible
to those Government servants who have been absorbed in a public
sector underakings / Autonomous bodies, and have exercised option in favour
of pro-rate monthly pension and Gratuity (with option to commute 1/3rd pension).
The benefit is, however, not admissible to those Government servants
who have commuted or opted to commute 100% of their pension on absorption.
[G.O.Ms.No. 1, F&P (FW.Pen.I) Dept., dt 14-1-96]
(b) The benefit of restoration 1/3 of commuted portion of pension after
period of 15 years from the date of commutation is also permissible for the
Government servants who have been absorbed in a Public Sector undertaking/Autonomous
Bodies, and have commuted or opted to commute
100% of their pension on absorption.
The restored amount of 1/3rd commuted portion of pension is not to
be further enhanced to minimum pension fixed from time to time. However, it
is eligible for consolidation of pension ordered from time to time.
[G.O.Ms.No.168 F&P (FW.Pen.I) Dept., dt. 5-10-99]
20. Restoration of commuted portion of pension-Instructions :
To avoid hard-ship to the pensioners in restoration of commuted portion
of pension after completion of 15 years and who were drawing pension
through public sector banks, the provisions of G.O.(P) No 229, F&P (FW.PSC)
Dept., dt. 22-8-85 are clearly stated that to lodged the PPOs of pensioners
with the banks. In the P.P.Os, the date on which the pension is restorable is
indicated and hence the public sector banks can restore the commuted value
of the pension on the due date without the pensioners to approching the
District Treasury officers. All the public Sector Banks are requested to
restore the commuted value of pension to the pensioner after verification
from the Pension payment orders.
(Cir.memo.No.19960/316/A2/Pen.I/96 dated 11-7-1996 of Fin & Plg (FW.Pen.I)
Department)