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Thread: Pension and other benefits calculation

  1. #1
    Member dick_5102 is on a distinguished road
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    Default Pension and other benefits calculation

    I have completed 25 years of service and wish to take VRS.

    Kindly let me know how to calculate the pension, commutation and other pensionary benefits?

    Thanks in advance.

  2. #2
    Senior Member Victor is on a distinguished road
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    Quote Originally Posted by dick_5102 View Post
    I have completed 25 years of service and wish to take VRS.

    Kindly let me know how to calculate the pension, commutation and other pensionary benefits?

    Thanks in advance.
    Kindly visit the following link:

    http://pensionersportal.gov.in/Pensi...Calculator.asp

    Victor

  3. #3
    Member dick_5102 is on a distinguished road
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    Thanks Victor for your reply. But, I also want to know how these are calculated manually so that I can check the automatically generated results.
    Thanks in advance.

  4. #4
    Junior Member SugunaNagarajan
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    You are going to retire under post 2006 (i.e. after 6th Pay commission). So, you will get Basic Pension along with DA(presently 65%) , Family Pension & Commuted Pension and Gratuity.

  5. #5
    Senior Member Victor is on a distinguished road
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    Quote Originally Posted by dick_5102 View Post
    Thanks Victor for your reply. But, I also want to know how these are calculated manually so that I can check the automatically generated results.
    Thanks in advance.
    The detailed calculations are available in Swamy's Handbook.

    Victor

  6. #6
    Senior Member RKPATHAK is an unknown quantity at this point
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    Simple calculation 50% of last pay drawn as pension, 40% of pension as commutation, and 12.5 months basic pay+grade pay + da as gratuity

  7. #7
    Member dick_5102 is on a distinguished road
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    How to calculate CGEGIS benefits from the table for Group C, B, A employees whose contribution is higher than what mentioned in the table? The table amount is calculated taking contribution as Rs. 10/= and Rs. 15/=. But, contribution of Group A to C is higher.

  8. #8
    Member dick_5102 is on a distinguished road
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    Quote Originally Posted by RKPATHAK View Post
    Simple calculation 50% of last pay drawn as pension, 40% of pension as commutation, and 12.5 months basic pay+grade pay + da as gratuity
    In light of 7th CPC what are the benefits available for pensioners who opts for VRS?

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