ABOUT US
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KAU Pension Section
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Pension section handles the following activities |
* Pension Sanctioning
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* Pension Disbursement
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* Pension Termination |
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Pension Sanctioning
Pension papers of KAU employee from all stations reaches the KAU Head quarters.
The calculated amount from the station will be audited and approved at the KAU Head
quarters. KAU pensioners are grouped according to pay scale as State government
Staff, UGC and Permanent Labourers (Workers). KAU Pension sections handles the disbursement
of all three groups.
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Pension Disbursement
The disbursement of Pension is through Bank, Money Order or Cheque.
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Pension Termination
Pension process will terminate when the Pensioner/Family Pensioner expires. This
should be intimated to the Pension section by producing the death certificate.
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Different types of Pension handling by KAU Pension Section |
* Superannuation
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This is the pension obtained after the normal process
of retirement at the permitted age of retirement. |
* Family Pension |
This is the pension received by the beneficiaries (as per the rules) of the deceased
KAU Pensioner. |
* Exgratia Pension
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For limited period of service up to 10 years this fixed amount of pension is paid. |
* Voluntary Retirement |
This is the pension received by employees having 20 or more years of eligible service
can stop service prior to actual date of retirement. |
* Invalid Pension
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When the Pension Sanctioning Authority has reasons to believe that an employee is
suffering from a contagious disease or physical or mental disability or infirmity,
which adversely affects the duties assigned to the person; he may be retired from
service on invalid pension. A weight age towards qualifying service up to 5 years
is allowed, and the total qualifying service thus arrived at, should not be beyond
the date of superannuation and should not be more than 30 years |
* Compensation Pension |
When a permanent post is abolished, the person selected to be discharged will be
given two options; either to accept another employment in Government service or
to leave the service accepting pension benefits based on qualifying service so far
earned by the individual. The pension granted as opted by the person, is called
compensation pension. Based on the qualifying service Compensation pension can come
under Superannuation, Voluntarily or Ex-gratia. |
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