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Friday, 5 August 2016

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PENSION CALCULATION AS PER 7TH CPC NOTIFICATION WITH ILLUSTRATION

Babloo - 10:36:00
PENSION CALCULATION AS PER 7TH CPC NOTIFICATION WITH ILLUSTRATION

For existing pensioners, who have retired before 01.01.2016, the revised pension/family pension with effect from 01.01.2016 shall be determined by multiplying the pension/family pension, as had been fixed at the time of implementation of 6th Central Pay Commission (CPC) recommendations, by 2.57. The amount of revised pension/family pension so arrived at shall be rounded off to next higher rupee.

Illustration:

Case I : Pensioner ‘A’ retired at last pay drawn of Rs. 79,000 on 31st May, 2015 under the 6th CPC regime in the scale of Rs. 67000-79000:

Amount in Rs.
1.Basic Pension fixed in 6tH CPC 39500
2.Revised Pension fixed under 7tnCPC (using a multiple of 2.57)101515

Case II
Pensioner ‘B’ retired at last pay drawn of Rs. 4,000 on 31st January, 1989 under the 4th CPC regime in the pay scale of Rs. 3000-100-3500-125-4500:

Amount in Rs.
1.Basic Pension fixed in 4tn CPC 1,940
2.Basic Pension as revised in 6th CPC12,600
3.Revised Pension fixed under T” CPC (using a multiple of 2.57) 32,382

Authority: Authority: http://www.pensionersportal.gov.in/

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