Understanding Family Pension in India: Eligibility, Types & Benefits
Family pension is an important financial support system provided by the Government of India to the dependents of a deceased government or defence employee.
This guide explains family pension eligibility, types, benefits, documents, and taxation rules in simple language.
What Is Family Pension?
Family pension is a monthly payment made to eligible family members of a deceased government or defence employee.
Who Is Eligible for Family Pension?
Spouse
The spouse is the first and primary beneficiary.
Children
Unmarried children are eligible up to the prescribed age.
Types of Family Pension
Ordinary Family Pension
Paid when death is not related to service.
Enhanced, Special & Liberalized Family Pension
Enhanced pension is paid at a higher rate for a limited period, while special and liberalized family pensions apply to service-related or war-related deaths.
Documents Required
Death certificate, identity proof, bank details, and dependency documents are required.
Is Family Pension Taxable?
Yes, family pension is taxable under Income from Other Sources with a standard deduction as per income tax rules.
Conclusion
Family pension provides long-term financial security to families of deceased government and defence employees.
0 Comments