Section 2 of VPPA : Section 2: Pension To Retiring Vice-Presidents
VPPA
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Explanation using Example
Imagine a scenario where Mr. Sharma has recently completed his term as the Vice-President of India. According to Section 2 of The Vice-President's Pension Act, 1997, Mr. Sharma is now entitled to a monthly pension equal to fifty percent of the salary he received while in office. However, if he becomes a Member of Parliament or a Minister and receives a salary from the government, he will not receive this pension during that time.
If Mr. Sharma unfortunately passes away, his spouse, Mrs. Sharma, will be eligible to receive a family pension equal to fifty percent of the pension Mr. Sharma received, for the rest of her life.
Additionally, Mr. Sharma can enjoy various benefits such as living in a government-furnished residence without paying rent, having secretarial staff, medical benefits similar to those of a retired President, and the privilege of traveling with his spouse or a companion in the highest class by air, rail, or steamer within India.
However, should Mr. Sharma be re-elected as Vice-President or elected as the President of India, he and his spouse would not be eligible for these benefits during his tenure in the respective office.