Gratuity benefit for NPS employees

Excelsior Correspondent
JAMMU, Nov 30: In a significant decision, the Government has extended the benefit of Death-cum-Retirement gratuity to the employees working under the New Pension Scheme (NPS).
“Provided that the Government employees/ family members of such Government employees as have been appointed or brought on regular establishment on or after 01.01.2010, on their retirement/death in harness shall be paid Death Cum Retirement Gratuity as per Rule 240-88 of the Jammu and Kashmir Civil Service Regulation. This shall be deemed to have been incorporated in the rules with effect from 01.01.2010, the date of commencement of Defined Contributory New Pension Scheme (NPS),” said a notification issued by the Principal Secretary Finance, Navin Kumar Choudhary.