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

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(4) The officer will exercise an option, within six months of his
absorption, for either of the alternatives indicated below:
(a) Receiving the monthly Pension and Retirement Gratuity already
worked out, under the usual Government arrangements;
(b) Receiving the gratuity and a lumpsum amount in lieu of pension
worked out with reference to commutation tables obtaining on
the date of superannuation 1 [or the date of absorption/
invalidation or completion of twenty years of qualifying service
had the officer continued in Government service, whichever is
later]
(5) Where no option is exercised within the prescribed period, the
officer will automatically be governed by alternative (b) above.
(6) Option once exercised shall be final.
(7) The option shall be exercised in writing and communicated by
the officer concerned to the undertaking.
(8) Where an officer retires from the service of a public undertaking
before his date of superannuation, the proportionate pension and Retirement
Gratuity will not be paid to him till such time as he actually attains the age of
superannuation. This will be the case irrespective of the option exercised by
him.
2 [Provided that where a Government servant retires on or after 29th
October, 1979, from the service of any public undertaking before the date of
his superannuation on account of permanent invalidation or in the case of
death while in service on or after the said date, the proportionate pension and
Retirement Gratuity shall be settled immediately on such invalidation and
retirement from service on that ground or on the death of the employee
irrespective of the option exercised by him.]
(9) Cases of resignation from a public undertaking etc., will be
treated as resignation from Government service entailing
forfeiture of the earlier service under Government and loss of
the pensionary benefits.
(10) For the period of service rendered in a public undertaking etc.,
the absorbed officers will be entitled to all the benefits etc.,
admissible to other corresponding employees of the
organisation.
1. Bracketed portion was added by G.O.Ms.No.229, Fin & Plg. (FW:Pen-I) Dept. dt. 10.8.83.
2. Proviso was added by G.O.Ms.No.229, Fin & Plg. (FW.Pen.I) Dept. dt 10.8.83.
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