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Thread: pre-2016 pension calculation

  1. #1
    Junior Member N.C.Dutta is on a distinguished road
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    Post pre-2016 pension calculation

    Would any one guide how the increments will be calculated in pay band 9300-34800 G.P 4800 or 5400(PB-2) and that in case of 15600-39100/-(G.P 5400) in PB-3 in case of pre-2016 pensioner to make it at par with working employee/pensioners

    N.C.dutta

  2. #2
    Senior Member sinha_audit is on a distinguished road
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    There are two options, whichever beneficial would be allowed.
    1. Existing pension multiplied by 2.57
    2. Half of the pay at the stage in the corresponding level in new pay structure, counted as per no of increments drawn in the corresponding GP before retirement. For example, if 8 increments were drawn in GP 4800, then for this option, revised pension would be 30200 (60400/2).
    Alok Sinha.

  3. #3
    Senior Member Victor is on a distinguished road
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    The 2nd option is being referred to a committee for examining it's feasibility before implementation.

    Victor

  4. #4
    Senior Member sinha_audit is on a distinguished road
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    Quote Originally Posted by Victor View Post
    The 2nd option is being referred to a committee for examining it's feasibility before implementation.

    Victor
    Thanks for input. I had quoted from the recommendation of the 7th CPC. Of course, any official notification yet to be issued.
    Alok Sinha.

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