One Day, One Minute, One Rule – 107.
Admissibility of Composite Transfer Grant (CTG) on Retirement
Admissibility of Composite Transfer Grant (CTG) on Retirement
107. According to Office Memorandum No. 19030/1/2017-E.IV dated 06.01.2022, what are the updated guidelines and rates for Central Government employees claiming the Composite Transfer Grant (CTG) upon retirement?
As per the Ministry of Finance, Department of Expenditure O.M. No. 19030/1/2017-E.IV dated 06.01.2022, the Government has partially modified previous regulations to simplify the process for retiring employees. The previous condition that required a station to be at least 20 km away from the last station of duty to qualify for full CTG has been abolished. Full CTG is now admissible for employees settling down at either their last station of duty or any other station, provided that an actual change of residence is involved.
For most cases, the CTG is payable at a rate of 80% of the last month's basic pay. However, in specific instances involving settlement to or from the Island territories of Andaman & Nicobar and Lakshadweep, the grant is paid at a higher rate of 100% of the last month's basic pay. These rules became effective on the date of the memorandum's issue, January 6, 2022.
To claim this benefit, the retired Government servant must submit a Self-declaration Certificate (as per Annexure-1 of the O.M.) to their administrative or establishment section. This certificate must formally declare that a change of residence has occurred for the purpose of settlement. It is important to note that any false declaration renders the individual liable to disciplinary action under the Central Civil Services (Pension) Rules and requires a refund of the grant with penal interest.
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