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Wednesday, August 24, 2011

Permission for Joining Private Sector :

There is no cooling off period applicable to officers after retirement for seeking permission to take up employment in the private sector. In accordance with sub rule (1) of Rule 10 of CCS (Pension) Rules, 1972, if a pensioner who held a Group ‘A’ post at time of retirement, wishes to accept any commercial employment before expiry of one year of retirement, he/she is required to obtain previous sanction of the Government. Similar provision also exists for All India Service Officers in Rule 26 of AIS (DCRB) Rules, 1958. The data on the number of requests received from retired officers seeking such permission is not centrally maintained.
In granting or rejecting permission to such an applicant, the competent authority shall have regard to the factors mentioned in sub-rule (3) of Rule 10 of the CCS (Pension) Rules, 1972 and Sub-Rule (3) of Rule 26 of AIS (DCRB) Rules, 1958 as the case may be.
This was stated by the Minister of State in the Ministry of Personnel, Public Grievances and Pensions Shri V. Narayanasamy in written reply to a question in the Lok Sabha today.
Source : PIB Release, August 24, 2011

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