Eligibility | Payable to Government Servant who may retire from Government service, voluntarily |
Age/Service Requirement | Completed 50 years of age or 20 years of qualifying service (pension counting service) |
Notice Period | Not less than 3 months, in writing to the appointing authority |
Withdrawal of Notice | Can withdraw voluntary retirement notice before it is accepted |
Appointing Authority Rights | Right to accept or reject the application within the notice period |
Weightage on Retirement | Up to 5 years, with a maximum total qualifying service limit of 30 years |
Purpose of Weightage | Additional qualifying service for pension and gratuity only |
Pension Calculation | As applicable to Superannuation pension |