Understanding Double Pension and Discovering the Restoration Date of Commuted Portion of Pension

by | Jan 9, 2024 | Retirement Pension | 38 comments

Understanding Double Pension and Discovering the Restoration Date of Commuted Portion of Pension




very informative video for all govt employees and pensioners as well as family pensioners
What is a Double Pension? mean pension ki bahali sa kia murad ha? and How to Find the Restoration Date of Commuted Portion of Pension? and How to Calculate Restoration of Pension
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links
How to Find the Restoration Date of Commuted Portion of Pension?

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Double Pension is a term used to describe the situation in which an individual receives two separate pensions. This can occur for various reasons, such as when a person has worked for multiple employers throughout their career, or when they are entitled to receive both a public and a private pension. In some cases, a person may also be eligible for a double pension due to the death of a spouse or ex-spouse.

Receiving a double pension can be beneficial for individuals who have contributed to multiple pension plans over their lifetime, as it can provide them with a more secure financial future. However, it is important to note that receiving two pensions may also have tax implications, and individuals should consult with a financial advisor to fully understand the impact on their overall financial situation.

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In some cases, individuals may choose to commute a portion of their pension in exchange for a lump sum payment. This means that they are giving up a portion of their regular pension payments in order to receive a larger one-time payment. However, they may also have the option to restore the commuted portion of their pension at a later date.

Finding the restoration date of the commuted portion of a pension can be crucial for individuals who have opted for this option, as it allows them to plan for their future financial needs. The restoration date refers to the point at which the commuted portion of the pension will be reinstated, and regular pension payments will resume.

To find the restoration date of the commuted portion of a pension, individuals should first review the terms and conditions of their pension plan. This information should outline the specific rules and guidelines for restoring a commuted pension, including the date at which it can be reinstated.

If the restoration date is not clearly outlined in the pension plan documents, individuals should reach out to their pension plan administrator or employer for clarification. They can provide details on the process for restoring a commuted pension and assist in determining the specific restoration date.

It is important for individuals to be proactive in finding the restoration date of the commuted portion of their pension, as it can impact their long-term financial planning. By understanding when the commuted portion will be reinstated, individuals can make informed decisions about their retirement income and ensure that they have a reliable source of financial support in the future.

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In conclusion, receiving a double pension can provide individuals with added financial security, but it is important to fully understand the implications and potential tax considerations. Additionally, finding the restoration date of a commuted portion of a pension is crucial for individuals who have chosen this option, as it allows them to plan for their future financial needs. Consulting with a financial advisor and reaching out to pension plan administrators can help individuals navigate the process and make informed decisions about their retirement income.

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38 Comments

  1. @durdanahaseendurdanahaseen5353

    دورانے سروس انتقال کر جانے والے ملازمین کی پینشن کے بارے میں بھی تفصیل سے بتائیں

  2. @barbiedoll6503

    Sar ap jawb zaror dena apki mehrbani ho gi

  3. @barbiedoll6503

    Salam sar meri umar 44 sal hai men ak cals 4 ki unmeard beemar beeti hon mera megar opreton hoya hai or jorron ka masla bi hai sar ap mujhy mashwara den k meri penshn bad na ho 10 sal waly rool men sar mera koi sahar nai es pensh k sewa ap koi acha mashwra den

  4. @naseemakthar5384

    Retirement ke waqt meri age 48 years thi toh meri pention bahali ka age rate kia ho ga

  5. @user-qi7ck8vf6y

    11/11/99 during service death age 51 service 31 year

  6. @mohsinhassan2184

    Medical per retirement lane welun ki bat kerrin,plz

  7. @fazalurrehman1563

    ❤❤❤ سر میر ے والد صاحب 1993 میں وفات ہوا ہے کلاس فور میں نائب قاصد تھا۔ اور پنشن نہیں لی تھی ۔اس کی وفات کے بعد اب پنشن میرے والدہ صاحبہ لے رہی ہے تو مہربانی کر کے بتا دیں کہ یہ پنشن کب ڈبل ہو گی 1993 سے میرے والدہ صاحبہ کا پنشن شروع ہوا ہے

  8. @HanifKhan-rx7mx

    اگر کوئی شخص 37 یا 38 سال کی عمر میں ریٹائر ھوتا ھے تو اسکی پینشن کب بحال ھو گی

  9. @abdussalam2723

    Sir.date of inrolment 19.12.1981 date of rtd 1.9.1991. medical board p.A.F.abi mujy 16320 RS pention Milty hy.date of birth 13.3.1959 hy.mery pention koc ce age year MN dobara dubl mly gi.pl reply zaroor kren .

  10. @sajidalikhan7267

    AOA Sir I Was In 10 May 2001 At the Time Of Retirement My Age Was 34 Years 3months My Date Of Birth 10 Feb 1967 In Which Year My Pension Will Restore Pls Tell Me Jazakallah

  11. @nisarshehzad2677

    میں ارمی سے ریٹائر ہوں میری ڈیٹ اف برتھ فرسٹ فروری 1963 ارمی جوائن کرنے کی تاریخ 6 Jan1981 اور ریٹائر ہونے کی تاریخ 6 جون 1999 ہیں میری پینشن کب ڈبل ہوگی اور یہ جو بل پاس ہوا ہے کیا مجھے بھی بتایا جات ملیں گے پلیز رہنمائی فرمائیں

  12. @hannan8225

    Sir mery husband ki deth2011ko45age mein hoe hy meri family pension kub double ho gi plz

  13. @tariqdogar9942

    وعلیکم السلام ورحمتہ وبرکاتہ ۔۔ماشا اللہ آپ نے بھت وضاحت سے پینشن کے متعلق روشنی ڈالی ھے۔۔اللہ تعالیٰ آپ کو جزائے خیر عطا فرمائے ۔۔

  14. @salistnafrancis9836

    Sir mari madical retirtment 4 April 2023 mn hoi hai grade14 age 56 year hai kon sy year mn pention bahal ho ge, plz bta dejye kuch,

  15. @shumailazubair2663

    Kindly tell me if may father died and my mother is receiving pension then wahat will be the criteria

  16. @Ranakamran-dn4vb

    Sir meri walida November 2001 retirement le the ab family pension kb double hoge

  17. @marshad8264

    Aslamo alaikam jinab pls informe about my when will be double pension retirement k wqt meri age was 37 years when I retired on 1998 pls exect information pls I shall wait for yr information

  18. @najmarehana5254

    کیا وفاق میں بھی فیمیلی پنشن ڈبل ہوتی ہے؟

  19. @sarwatmandkhan141

    Sir kia 65% na leny ki option bhi hoti hai or ye commute na Li jae to advantages or disadvantages kia hon ge ? Kindly aaj ya kal tak iss subject prr Vlog zaroor banaen. JizakaAllah

  20. @faisalshahzadkayani802

    میں 2017 میں ریٹائر ہوا میری عمر 39 سال تھی میری پنشن کب ڈبل ہوگی

  21. @uzmaimam2255

    Family pension Jin ki purani chal rhi wo b 10year chaly gi ya un ki chalti rhy gi or sir December main family pension b Bary gi

  22. @user-rb7ur5kg8f

    Ratarimint date 18.9.2017 bahali pantion date kaya hogi

  23. @majidAli-sd2gb

    Cma میں بات کرنے کے لیئے کوئی نمبر ھے تو پلیز وہ نمبر سینڈ کریں

  24. @azizunisa4072

    میری تاریخ پیدائش 28.10.1967 ہے تاریخ تقرری 26.10 1987 یے اور ریٹائرمنٹ منٹ 20.9.2016 ہے میری عمر ریٹائرمنٹ کے 48 سال تھی میری مکمل پینشن کب تک بحال ہو جائے گی

  25. @nasreenshah1357

    Maery father PAF 1983 mn 50 saki umr mn retaer hoy ab maeri walida penson ly rahi haen bahal kaisy ho gi jawab ki farkhoast hy

  26. @kalajadu33

    Main disable son Ki hasiyat se apnay father Ki pension le raha hon. Agpr Karachi nay admit kia Meri restoration of Pension kai dues hain magar Agpr pay nahain kar raha. Iska Koi hal batayen

  27. @alrounderkhan948

    Sir mere Abu ki pension bhut km hy un ka grade 17 hy pr pension 25000 sy km hy us ka koi solution bta dy

  28. @ShabbirHussain-yl4ue

    میں ریٹائر ہائی اسکول ریٹائر ہوں ۔ میں پی پی ایس 19 میں ریٹائر ہؤا ہوں ۔ میری پیدائش کی تاریخ 3 اپریل 1961 ہے ۔ میری اپوائنٹمنٹ 3 اپریل 1982 ہے ۔ میں 30.9.2019. ریٹائر ہوا ہوں ۔میری پینشن کب بحال ہوگی ۔ میں سانگھڑ سندھ سے ہوں ۔ میری پینشن کب بحال ہوگی ۔ پلیز وضاحت فرمائیں ۔

  29. @waliafridi2456

    سرمیرےوالد1964 میں ریٹایرھوےاور2002 میں فوت ھوے کیاطریقہ کار ھوگا فرنٹیرکنسٹبلری سے ریٹایرھےفیملی پنشن اب بحال ھوجایگی

  30. @user-nl2im5jz3v

    Sir mere abu shaeed.huy th1996 m to Kia.un k pension b double hogy ya bus wo hy mily gy

  31. @muhammadisakhan7681

    میں 22 اپریل 1988 کو پنشن آیا تھا۔ میں نے 354 روپے کمیوٹ کئے تھے۔ بعد میں مجھے کچھ میڈیکل پنشن بھی ملی تھی جس میں سے 123.50 روپے کمیوٹ ہوئے تھے یعنی کل 477.50 روپے کمیوٹ ہوئے ہیں۔
    میری تاریخ پیدائش 07-08-1952 ہے۔-ریٹائرمنٹ کےوقت میری عمر
    35 سال آٹھ مہینے اور 15 دن تھی۔ میری پنشن کے بارے میں زرا وضاحت سے بتائیں۔ کہ اب مجھے کیا کرنا چائیے۔ اور میری پنشن کتنی ہوجائیگی۔

  32. @lotterythai761

    Sir pension a rahi Hy Mera father ki direct credit hoti hy bank account mian ab agr hum double pension k lia apply krian to humara pass copy ni Hy koi proof nhi Hy

  33. @smgulzarr

    WHAT ABOUT EOBI PENSIONERS?

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