FinanceLane
  • Funding
    • Equity Funding
    • Debt Funding
    • Crowdfunding
    • Real Estate Funding
  • Investing
    • Stocks
    • Bonds
    • Mutual Funds
    • Commodities
    • Forex
    • Private Equity
    • Real Estate
    • Crypto Investing
  • Lending
    • Personal Loan
    • Business Loan
    • Mortgage
    • Credit Card
    • Microfinance
    • Peer-to-Peer Lending
  • Insurance
    • Life Insurance
    • Health Insurance
    • Auto Insurance
    • Education Insurance
    • General Insurance
  • Banking
    • Individual Banking
    • Business Banking
    • Investment Banking
    • Neo Banking
    • Payments Bank
  • Wealth
    • Earning
    • Savings
    • Investments
    • Budgeting
    • Credit Management
    • Tax Planning
    • Retirement
  • Fintech
    • Payments
    • Digital Banks
    • Alternative Financing
    • Asset Management
    • Softwares
  • Startup
    • Startup Ecosystem
    • Merging & Acquisition
    • Equity Investing
    • Franchising
    • Business Offers
  • Crypto
    • Crypto Coins
    • Crypto Trading
    • Bitcoin
    • Blockchain
    • DAPP
    • Crypto Investing
  • Login
No Result
View All Result
FinanceLane
  • Home
  • Funding
  • Investing
  • Lending
  • Insurance
  • Banking
  • Wealth
  • Crypto
  • Newsletters
  • Feedback
Home News Feed Advisory

Govt to promote these employees day before retirement: Will their pension increase?

FinanceLaneby FinanceLane
June 2, 2025

The Ministry of Home Affairs (MHA) has said that retiring personnel from the Central Armed Police Forces (CAPFs) and Assam Rifles (AR) will now get an honorary rank—one level higher—on the day of their retirement.

The honorary rank granted will be exactly one level higher than the retiring rank and must be a valid existing rank within the same force or category.

According to the Ministry of Home Affairs release on May 30, 2025, “This historic decision, taken under the leadership of Prime Minister Shri Narendra Modi, aims to boost the self-respect, pride, and morale of personnel retiring from the rank of Constable to Sub-Inspector. Under this scheme, personnel below officer rank (from Constable to Sub-Inspector) in the Central Armed Police Forces (CAPFs) and Assam Rifles who retire after long and commendable service will be granted an honorary rank one level higher on their last day of service, without any financial or pension benefits.”

Will there be increased financial benefit (pension) with honorary rank?

While this honorary elevation does not carry any financial or pension benefits, it is a symbolic gesture aimed at enhancing the pride, morale, and self-respect of retiring jawans and junior officers who have served the nation with dedication and integrity.

Deadline to activate UAN for EPFO’s ELI Scheme extended again; Check new last date, how to activate your UAN and avail benefits

Who will benefit?

The scheme is targeted at personnel below officer rank, i.e., those retiring from Constable to Sub-Inspector ranks in CAPFs and from Rifleman to Naib Subedar ranks in Assam Rifles. The rank bestowed must exist within the same service category as the retiring personnel.

What are the eligibility conditions?

To ensure the integrity and merit of the process, the following criteria must be fulfilled:
Personnel must meet all promotion criteria at the time of retirement.
A clean service record is essential.
The Annual Performance Appraisal Report (APAR) for the last five years must be rated at least “Good.”
No major punishments must have been imposed in the past five years.
Integrity must be beyond doubt.
Final approval is required from the Departmental Enquiry and Vigilance (DE/Vigilance).
Additionally, the honorary rank will be granted only upon the recommendation of the commanding officer and will be effective on the day of retirement.

What are the terms and conditions for receiving honorary rank?

The honorary rank shall be granted based on the recommendation of the concerned commanding officer.
The honorary rank will be conferred on the day of the personnel’s retirement.
No financial or pension benefits shall be admissible along with the honorary rank.
The honorary rank will only be granted where the rank to be conferred exists within the category to which the personnel belong.
Granting the honorary rank shall not affect the personnel’s inter-se seniority.

Eligible personnel of the Central Armed Police Forces (CAPFs) and Assam Rifles (AR) will be granted honorary ranks as follows:

Central Armed Police Forces (CAPFs)Assam Rifles (AR)
Retired RankHonorary RankRetired RankHonorary Rank
ConstableHead ConstableRiflemanHavildar
Head ConstableAssistant Sub-InspectorHavildarWarrant Officer
Assistant Sub-InspectorSub-InspectorWarrant OfficerNaib Subedar
Sub-InspectorInspectorNaib SubedarSubedar

Source Link

Related Topics

Advisory

Here’s how you can protect your turf at work

Advisory

What should FD investors do now? RBI cuts repo rate by 50 bps, interest rates will fall further

Prev Next

You May Like

Advisory

Here’s how you can protect your turf at work

Advisory

What should FD investors do now? RBI cuts repo rate by 50 bps, interest rates will fall further

Advisory

Big savings for home loan borrowers as EMIs to fall significantly after RBI cuts repo rate by 50 bps

Advisory

Bakrid bank holiday today: Are banks open or closed in your state on June 6, 2025 for Id-ul-Ad’ha 2025

Advisory

HDFC Bank UPI and other services won’t be available on this date: Check details here

Advisory

Waiting list train ticket? Get ticket confirmation assurance with up to 3x money back guarantee from Ixigo, Redbus and MakeMyTrip

Advisory

Bank holiday on June 6, 2025 and June 7, 2025: Are banks closed tomorrow in your state for Bakrid?

Advisory

5 things you’re probably doing, that are pushing away success at your job

Financial News

Advisory

Post Office account death claim rules: How to claim money from post office after account holder’s death with or without nomination

FinanceLane
by FinanceLane
Blockchain News

Global Telecom Giants Harness NVIDIA for Sovereign AI Infrastructure

Blockchain
by Blockchain
Blockchain News

SuiPlay0X1 Pre-Order NFTs Offer Exclusive Gaming Rewards

Blockchain
by Blockchain
Blockchain

ERC-3643: A New Era for Tokenized Real-World Assets on Ethereum

Blockchain
by Blockchain
Bitcoin

Riot Platforms Reports Significant Bitcoin (BTC) Production Increase in May 2025

Blockchain
by Blockchain
Advisory

SBI cuts fixed deposit interest rates again by 20 bps: Check latest FD rates

FinanceLane
by FinanceLane
Advisory

Crypto experts predict: Three altcoins ready to make headlines in 2025

FinanceLane
by FinanceLane
Advisory

Get bonus for verifying your policy number and KYC details; LIC warns customers against such cyber fraud tactics

FinanceLane
by FinanceLane
Blockchain News

Polygon (MATIC) Labs and Courtyard.io Launch Onchain Auction for Iconic Charizard Card

Blockchain
by Blockchain
Advisory

India-Pakistan tensions paused, not over: Should you do any tactical alignment in investment portfolios during border hostilities?

FinanceLane
by FinanceLane
Blockchain News

HKMA Warns Against Fake News and Fraudulent Projects

Blockchain
by Blockchain
Advisory

Here’s how you can protect your turf at work

FinanceLane
by FinanceLane
Load More
FinanceLane.com
  • Disclaimer
  • Privacy Policy
  • Terms of use
  • Subscribe
  • Contact

Subscribe to get the latest updates

Follow us on

© 2022 FinanceLane.com. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Home
  • Funding
    • Equity Funding
    • Debt Funding
    • Real Estate Funding
    • Crowdfunding
  • Investing
    • Stocks
    • Bonds
    • Mutual Funds
    • Private Equity
    • Merging & Acquisition
    • Real Estate
  • Lending
    • Personal Loan
    • Business Loan
    • Credit Card
    • Microfinance
    • Peer-to-Peer Lending
  • Insurance
    • Life Insurance
    • Auto Insurance
    • Education Insurance
    • Health Insurance
  • Banking
    • Business Banking
    • Payments Bank
    • Investment Banking
    • Individual Banking
  • Wealth
    • Earning
    • Savings
    • Investments
    • Budgeting
    • Credit Management
    • Tax Planning
    • Retirement
  • Fintech
    • Alternative Financing
    • Payments
    • Asset Management
    • Digital Banks
    • Softwares
  • Fintech
    • Alternative Financing
    • Asset Management
    • Digital Banks
    • Softwares
    • Payments
  • Crypto
    • Crypto Investing
    • Crypto Trading
    • Crypto Coins
    • Bitcoin
    • Blockchain
    • DAPP
  • Subscribe
  • Contact
  • Login

© 2022 FinanceLane - Terms and Conditions | Disclaimer | Privacy Policy

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.