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seshan.visesh
22-09-2008, 10:03 PM
In the Pension Calculator (6CPC), [as per pension memorandumF.No.:38/37/08 dated 1-9-08],
I would like to know, whether the Pension Table, includesthe grade pay or not. It is not obvious or explicit as it is. Anybody can clarify? Thanks.

vnatarajan
21-10-2008, 06:37 PM
Dear Mr Seshan

Many are hesitating to answer your question! Let me attempt!

Simple answer: "Supposed to be!"

Formula used is - pension as on 1.1.1996 x 2.26 and the result is your basic pension as on 1.1.2006! Check the Fitment table- Divide the last column by the first column and u will get 2.26!

For example if your basic pension was 1000 as on 1.1.1996, the revised basic pension as on 1.1.2006 will be 2260! what a great increase!

(if you are a Tamilian, and if you know the typical SENTHIL-vazhapazham comedy - this magic multiplying factor 2.26 includes- the so called 40% fitment as "the plantain" and also the so called Grade Pay (mostly eroded- and it is also "the same plantain") to give you such a great benefit of say 18 to 25%! . Go to the top of the table and you will realise what is their % of increase in pension!)

All from Scales S-30 downwards taken for a big ride! I mean SLIDE!

From S-31 to 34 - honoured with FLYING COLOURS!

vnatarajan