How much pension is given to retired security personnel?

One of the most common question asked by candidates planning to have a long term career in security field is:
"How much pension will i get after retirement as a security guard?"

And the answer of this question depends on where and how you are employed, And the reason of this asking is, that not all security guard job offers pension benefits. Many aspirants are misted by half information, which later results in disappointment.

This article explains everything clearly and honestly. So you can make the right decision from the very beginning.

At group4jobs.com, we believe candidate should know both opportunities and realities, not just job notification.

🔍 Do All Security Guards Get Pension?

Nope! Pension depends on the type of security service you have joined. Security personnel majorly fall into 3 categories:

  • The first one is, Government security personnel

  • The second one is, Contractual / PSU linked security staff

  • The third one is, Private security guards

Each has different retirement benefits and rules.

🏛️ Pension For Government Security Personnel

Security staff recruited directly under government departments are eligible for retirement benefits. For example:

  • Home guards (Permanent roles in some states)

  • Security staffs under state government offices

  • PSU employed security personal (Permanent posts)

Pension Types:

  • Old Pension Schemes: This scheme was for old recruitment, which is rare now.

  • National Pension Scheme: This is the pension scheme most current employees are availing.

Approximate Pension:

  • Depends on basic pay, ears of the employee's serving and contribution.

  • Usually 40 to 50% of last drawn basic salary.

  • Paid monthly after retirement.

This includes:

  • Gratuity

  • Provident Fund

  • Monthly pension

🏢 Pension For Contractual / PSU Security Staffs

Many PSU and government bodies hire security guards on contract basis though private agencies.

So, do they get pension?

  • No, They don't get any traditional government pension.

  • But yes, they are eligible for EPF (Employee provident fund)

What They Are Going To Receive After Retirement?

  • EPF accumulated amount (Employee + Employer contribution)

  • ESIC benefits (During service period)

  • Sometimes gratuity (After 5 years of service)

(This is not any monthly pension but it is a lump-sum retirement benefit.)

🛡️ Pension For Private Security Guards

Private security guard do not get any benefit of government retirement pension scheme. But that doesn't mean there are no retirement benefits for them.

What private guards usually gets:

  • Provident Fund

  • ESIC medical benefits

  • Gratuity (If applicable)

After retirement, these guards receives PF amount and gratuity (based on years of services).

Note: Monthly pension are not guaranteed in private security guard jobs.

Can Private Security Guards Get Any Pensions?

Yes they can get, but with indirect schemes. For example, private guards can:

  • Contribute to NPS (National pension system) individually

  • They can also invest in some government backed pension schemes

  • They can use Provident Funds and savings for retirement benefits or income

💰 How much Pension One Can Expects? (Approximation)

  • Government Security Staffs: can get monthly pension Rs.8,000 to Rs.25,000/-

  • PSU contractual security: don't get any fixed monthly pension

  • Private security guards: also don't get any fixed monthly pension

Hope your doubts related to guard's pension, cleared here. If you want to get more information about security guard jobs, visit group4jobs.com and know more!!

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