Advertisements
Advertisements
Question
Pension is payable at the rate of 20% of the pay drawn on the date of retirement. Pensioners are allowed, in addition, dearness allowance as announced by the Government from time to time.
Options
True
False
MCQ
True or False
Advertisements
Solution
False
Explanation:
Under standard pension rules (such as the Central Civil Services Pension Rules in India), a regular retirement pension is typically calculated at 50% of the last basic pay drawn, rather than 20%. While pensioners do receive Dearness Relief (similar to Dearness Allowance), the initial percentage stated in the question is incorrect.
shaalaa.com
Is there an error in this question or solution?
