June and December Retirees will get 1 Notional Increment in Retirement Benefit

According to the circular issued by Office of the CAG, June and December Retirees will get 1 Notional Increment in Retirement Benefit.

However, the said benefit shall be granted only to those officials who have retired or who will be retiring from service after the date of orders of the Hon’ble Supreme Court dated 11.04.23 i.e to the officials retired or retiring on and from 30th June 2023 onwards.

June and December Retirees will get 1 Notional Increment-CAG Circular

FOR EXCLUSIVE USE IN IA&AD ONLY

Circular No.02 Staff Wing/ 2024
No. 24/Staff(Entt-I) 83-2021
OFFICE OF THE COMPTROLLER &
AUDITOR GENERAL OF INDIA
DEEN DAYAL UPADHYAYA MARG,
NEW DELHI – 110 124

DATE 18 JAN 2024

To

1. All the Heads of Offices in IA & AD
2. DG (Commercial)
3. PD (P)
4. Director (P)

Sub: Grant of notional increment to the Central Government employees retiring from service on 30th June /31st December.

Sir/Madam,

Notional Increment in Retirement Benefit

The Hon’ble Supreme Court has ordered/allowed the grant of one annual increment to the petitioners retiring on 30th June/31st December, which they earned on the last day of their service for rendering one year qualifying service preceding one year to the date of retirement.

2. It has been decided to extend the benefit of one annual increment with monetary benefit to all the employees retiring from service on 30th June /31st December, on completion of one year qualifying service, for pension and pensionary benefits, irrespective of whether they are party/applicant to a court case or not with respect to the said matter provided such affected officials are otherwise eligible for the same.

However, the said benefit shall be granted only to those officials who have retired or who will be retiring from service after the date of orders of the Hon’ble Supreme Court dated 11.04.23 i.e to the officials retired or retiring on and from 30th June 2023 onwards.

3. Compliance of the above may please be ensured.

Yours faithfully,
(Nilesh Patel)
Asst. Comptroller & Auditor General (N)

View the Circular