Department of Pension & Pensioners’ Welfare issues Clarification Memo on Revision of Pension after the Commutation Application is submitted

Department - Pension - & - Pensioners - Welfare - issues - Clarification - Memo - Revision - Pension - Commutation - Application - TAXSCAN

The Department of Pension and Pensioner’s Welfare under the Ministry of Personnel, P.G. and Pensions has recently issued an office memorandum regarding the effects of revision of pension on a pension already commuted. The question before the department was whether the pension authorised at the time of retirement or the pension revised subsequently at the…

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