Form I is the prescribed form used for the application for commutation of a percentage of pension without medical examination in India. Commutation refers to the conversion of a portion of the pension into a lump sum amount. This form is specifically used for individuals who wish to avail this facility without the requirement of a medical examination. The purpose of this form is to initiate the process of commutation and provide the necessary details and declarations for consideration by the concerned authorities.
The Form I for the application for commutation of a percentage of pension without a medical examination in India is filed by the pensioner themselves.
Q: What is the Form I?
A: Form I is the application form used in India for commutation of a percentage of pension without a medical examination.
Q: What is commutation of pension?
A: Commutation of pension refers to the conversion of a portion of a pension into a lump-sum amount.
Q: Who can apply for commutation of pension using Form I?
A: Pensioners in India who want to convert a percentage of their pension into a lump-sum amount without undergoing a medical examination can apply using Form I.
Q: Is a medical examination required for commutation of pension using Form I?
A: No, a medical examination is not required when applying for commutation of pension using Form I.
Q: What information should be provided in Form I?
A: Form I requires the pensioner to provide details such as name, address, pension account number, percentage of pension to be commuted, choice of annuity, etc.
Q: What is the purpose of the annuity choice in Form I?
A: The annuity choice in Form I allows the pensioner to decide how the remaining pension amount after commutation will be disbursed, either as a monthly pension or as a lump-sum amount.
Q: Are there any conditions or eligibility criteria for commutation of pension using Form I?
A: Yes, there are certain conditions and eligibility criteria that pensioners need to meet to be eligible for commutation of pension using Form I.
Q: What is the processing time for commutation of pension using Form I?
A: The processing time for commutation of pension using Form I may vary and depend on the concerned authorities and the workload.