The Ministry of Railways has recently released the new Railway Services (Pension) Rules, 2026. Retirees eligible under these rules will get 50% of their last salary as a pension. The minimum pension will be ₹9000, and the maximum is capped at ₹1.25 lakh/month under the new rules.
The new rules also offer up to 100% of the basic pension as an additional allowance for retirees aged above 80 years. After reaching 80 years of age, a retired railway servant will be eligible for an additional compassionate allowance, which will be given as a percentage of the basic pension and vary with rising age.
Also Read: Breaking! Salary of PSU Insurance Employees Hiked by Govt
| Age bracket | Additional pension |
|---|---|
| From 80 years to less than 85 years | 20% of basic pension/compassionate allowance |
| From 85 years to less than 90 years | 30% of basic pension/compassionate allowance |
| From 90 years to less than 95 years | 40% of basic pension/compassionate allowance |
| From 95 years to less than 100 years | 50% of basic pension/compassionate allowance |
| 100 years or more | 100% of basic pension/compassionate allowance |
Who is covered under Railway Services (Pension) Rules, 2026?
These rules apply to the following railway servants:
- Any Group ‘D’ railway servant whose service was pensionable before the introduction of Pension System for Railway Servants on November 16, 1957.
- Any non-pensionable railway servants who were in service on November 16, 1957 and who elected to be governed by these rules.
- Any non-pensionable railway servant, who were in service on January 1, 1986 and did not opt to be governed by the State Railway Provident Fund (Contributory) Rules; and
- Any person entering a railway service on or after November 16, 1957, except a person who is appointed on contract or re-employed after superannuation or whose terms of appointment specifically provide to the contrary.
These rules also apply to a railway servant who was put on induction training on or before December 31, 2003, followed by appointment on regular basis after December 31, 2003:
Also Read: Security Boost for PNB Employees! PNB Rolls Out Term Life Insurance Plan for All Employees
Who is not covered?
These rules will not apply to the following:
- Railway servants appointed on or after the 1st day of January, 2004;
- Persons in casual and daily rated employment ;
- Persons paid from contingencies ;
- Persons entitled to the benefit of a State Railway Provident Fund (Contributory);
- Persons employed on contract except when the contract provides otherwise ;
- Persons whose terms and conditions of service are regulated by or under the provisions of the Constitution or any other law for the time being in force; and
- Persons employed to work on payment of a fee or honorarium.
Click here to download Official Notification
Also Read: Important FAQs on Bank Strike
-
-
-
-
-
-
-
-
-
-
-
-
