The government develops many types of pension systems to give financial security after retirement. Pensions are granted to both organized and unorganized sector workers under various plans. Assam’s government just announced the Assam Pension Scheme. Government employees will be eligible for a pension under this program. This page discusses all of the key components of this scheme. By reading this essay, you will learn how to take advantage of this strategy. Aside from that, you will learn about its aim, benefits, characteristics, eligibility, required documents, application procedure, and so on.

The Assam Government established the Assam Pension Scheme to provide financial stability to government employees after they retire. Pension benefits such as GIS, GPF, leave encashment DCRG, and so on are offered to beneficiaries through this system. All regular government employees who have retired after at least ten years of continuous employment are eligible for a pension. The pension awarded to a beneficiary who has served for more than 10 years but less than 25 years is a pro-rata pension, whereas the pension granted to a retired government servant who has retired after the maximum qualifying service is a full superannuation pension.

After completing a maximum of 25 years of qualifying service, a pensioner will be eligible for a superannuation pension. The pension papers must be presented within six months of retirement. The pension sanctioning authority under this program shall be the director of the pension, Assam for teaching and non-teaching personnel of Government schools and PRI pension employees, and the accountant general of Assam for state government pensioners.

Details of असम पेंशन योजना 

The objective of the Assam Pension Scheme

This Scheme’s principal goal is to offer pensions to retired government employees. Retired government employees will become self-sufficient to receive financial security under this system. This initiative will also improve the standard of living for retired government employees. The pension will be paid into the beneficiaries’ bank accounts through this arrangement, allowing them to live their lives with dignity.

Benefits & Features

1. The authority will sanction the pension to the pensioner after obtaining all of the documentation.
2. Except for judicial and AIS service, the maximum for pension commutation is currently one-third of the base pension.
3. Suppose the pensioner applies for commutation of pension after one year from the date of retirement. In that case, the government employee who takes voluntary or compulsory retirement from employment must appear before the commutation of pension guidelines.
4. The amount of pension provided to a recipient who has served for more than 10 years but less than 25 years is known as a pro-rata pension, whereas the pension granted to a retired government servant who has retired after the maximum qualifying service is known as a full superannuation pension.
5. After completing a maximum of 25 years of qualifying service, a pensioner will be eligible for a superannuation pension.
6. The pension papers must be presented within six months of retirement.
7. The Assam Government established this scheme to provide financial stability to government employees after they retire.
8. Pension benefits such as GIS, GPF, leave encashment DCRG, and so on are offered to beneficiaries through this system.
9. All regular government employees who have retired after at least ten years of continuous employment are eligible for a pension.
10. The pension sanctioning authority for teaching and non-teaching personnel of Government schools, as well as PRI pension employees, would be the directors of the pension, Assam, while the pension sanctioning authority for state government pensioners would be the accountant general of Assam.
11. Pensioners who retired previous to January 1, 2013, will have a 4.75% interest rate on their pension loan, whereas those who retired after January 1, 2013, would have an 8% interest rate on their pension loan.

Pensions are being provided to

List Of Pension Disbursing Bank

• State Bank of India
• Canara Bank
• UCO Bank
• Allahabad Bank
• Union Bank of India
• United Bank of India
• Central Bank of India
• Punjab National Bank
• Bank of Baroda

Assam Orunodoi Scheme

Procedure To Apply Under অসম পেঞ্চন আঁচনি?

• First, travel to the pension disbursement agency.
• Take the pension form there.
• Fill out this form with all of the necessary information.
• Attach all necessary paperwork now.
• Then, send this form to the pension disbursement agency.
• You can apply for the Assam pension system by following this approach.