Budget
Retirement
Income Tax
 

Wishing the Teachers a Happy Retired Life

Name of  Teacher Present Post Date of Joining KVS Date of Joining KV Ambajhari Date of Retirement
Mrs A.Nimbalkar PGT (Bio) 30.08.72 as PRT 25.08.01 31.12.07
Mr.B.G.Shende TGT(So.St.) 24.06.74 29.03.84 31.08.07
Mrs. L. Shingade TGT (Hindi) 30.07.79 17.09.98 31.07.08
Mrs. M. Upadhye PGT (Eng) 28.07.80 09.04.02 30.09.08
Mrs. T.W. Bagde PGP (Eco) 11.07.77 31.10.06 28.02.09

Retirement

Retirement Benefits

  1. An employee of KVS is entitled to the following benefits on his/her retirement from service:-
    • Retirement Gratuity
    • Pension plus Dearness relief  
    • Commutation of Pension
    • Leave encashment
    • Employees Saving Fund out of Employees Welfare Scheme
    • Final payment of GPF
    • T. A. up to station of settlement.
  2. In case of death of an employee of KVS while in service, the family of the deceased is entitled for the following benefits:-
    • Immediate Relief (if asked for)
    • Death Gratuity
    • Family Pension
    • Leave Encashment
    • Group Insurance - Savings fund and Insurance Amount.
    • G.P. Fund and Deposit Linked Insurance Amount
    • T.A. to station of settlement.
    • Compassionate appointment of dependant.

 An employee of K.V.S. who during his/her service career has opted for GPF/Pension is entitled to benefits as mentioned at I (1) to (7) as per extant rules and to the benefits (payable to the surviving spouse/children as the case may be, as permissible under the extant rules) as mentioned at II (1) to (8) in case of death of an employee of K.V.S. while in service.   

And in the case of an employee of Kendriya Vidyalaya Sangathan, who has opted for CPF, only gratuity or death gratuity (as the case may be) is admissible besides all other benefits except Pension & commutation of pension.