Request for Reducing periodicity for Restoration of Commutation of Pension from 15 years to 12 years and providing new commutation table for Central Government employees and pensioners: Confederation writes to Cabinet Secretary vide letter dated 30.12.2024 CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS 1st Floor, North Avenue PO Building, New Delhi – 110001 Ref: Confd./2024/ Restoration of Commutation/ Dated – 30.12.2024 To, The Cabinet Secretary, Government of India, Rashtrapati ... Voluntary Nature of Commutation: Pension commutation is optional, and retirees agree to the 15-year recovery period upon opting for it. Legal Grounds: No case has been made for the rule violating legislative competence or fundamental rights. The Supreme Court considered all the relevant factors like interest rate, mortality rate etc. and the commutation table in existence in 1986 and gave a decision that the commutation period should be fixed at 15 years. The Central Administrative Tribunal (CAT), Mumbai has ruled in favour of a group of pensioners from the Department of Post in a matter related to restoration of commuted pension after 12 years of ...
