RCS Rules 5Chapter II · General Conditions
Section 5 · Limit on commutation of pension
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(1)
A Government servant shall be entitled to commute for a lump sum payment a fraction not exceeding one-third of his pension.(2)
In an application for commutation in Form 1 or Form 2, as the case may be, an applicant shall indicate the fraction of pension which he desires to commute and may either indicate the maximum limit of one-third of pension or such lower limit as he may desire to commute.(3)
[ Commutation shall be allowed on the minimum pension of Rs. 3025/- if the actual pension is less than Rs. 3025/-.] [Substituted by Notification No. G.S.R. 111B, dated 12.9.2008 (w.e.f. 18.9.1996).]Your private note on this section
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