Is pension & retirement amount stopped for Government/PSU employees in India?

Is pension & retirement amount stopped for Government/PSU employees in India?

I have a far relative, who joined NTPC PSU as engineer in 2004. I wish to know whether he will get lumpsum retirement amount & pension every month when he retire.

If yes, how much lumpsum amount & pension per month will he get after retirement?

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  2. Yes, cutoff year was around I think before 2004/05 for new pensions scheme (NPS). If old pension regime was in place when he was appointed, he will get pension. Pension is roughly half of the last basic pay drawn or something. It’s a very good amount.

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