Saturday, September 6, 2008

  • Commission has recommended a minimum of 3330 rs pension except DA instead of earlier Basic plus DP.
  • But further it has also qualify that basic pension should not be less than 50 % of the initial pay plus grade pay to be fixed corresponding to his old scale in which pensioner has retired basic start corresponding scale .
  • As the govt has now enhanced the minimum basic pay +grade pay to 7000 from 6660 so new basic minimum pension should be 50 % of the basic pay i.e 50 % of 7000=3500
  • so in my opinion (NOW CONFIRMED)as explained above no pensioner will get less than 3500 basic pay as on 01.01.2006
  • The fixation as per this table will be subject to the provision that the revised pension, in no case, shall be lower than fifty percent of the sum of the minimum of the pay in the pay band and the grade pay thereon corresponding to the prerevised pay scale from which the pensioner had retired.
How to Fix new pension:Maximum of this will be your basic pension
  • 2.26 of (old Basic pen )
  • 3500 rs(as explained above)
  • 50 % of minimum( Basic + grade pay )of new pay band corresponding to pay scale from which the pensioner retires
  • maximum pension 50% of highest pay i.e 50 % of 90000=45000 basic
  • Maximum Family pension 30% of 90000 i.e 27000.
so after calculation as above take maximum figure as your basic pension as on 01.01.2006 and then reduce the amount by commutation amount as earlier deducted from your old pension

EXAMPLE:1(PLEASE COMMENT IF WRONG WITH DETAIL)

old (DETAIL)

scale(AT THE TIME OF RET)

4000-100-6000(S-7)

Basic at the time of retirement

5000

Pension fixed(50%)

2500

DP

1250

DA (as on 01.01.2006)

900

less commutaion(suppose)

600

pension befor allownaces

4050

MAXIMUM OF THREE WILL BE UR BASIC PENSION

AS ON 01.01.2006

CASE ONE

3500 (MINIMUM)

CASE TWO

(OLDBASICPEN*2.26

5650

CASE THREE

MINIMUM PAY BAND CORRESPONDING TO OLD SCALE

PAY BAND PB2 5200-20200

NOTIONAL BASIC

5200

GRADE PAY

2400

50 % OF BASIC & GRADE PAY

3800

NEW BASIC PENSION AS ON 01.01.2006=CASE TWO=5350

EXAMPLE:2(PLEASE COMMENT IF WRONG WITH DETAIL)

old (DETAIL)

scale(AT THE TIME OF RET)

9000-275-9550(S-18)

Basic at the time of retirement

9000

Pension fixed(50%)

4500

DP

2250

DA (as on 01.01.2006)

1620

less commutaion(suppose)

1000

pension befor allownaces

7370

MAXIMUM OF THREE WILL BE UR BASIC PENSION

AS ON 01.01.2006

CASE ONE

3500 (MINIMUM)

CASE TWO

old basic pension*2.26

10170

CASE THREE

MINIMUM PAY BAND CORRESPONDING TO OLD SCALE

PAY BAND PB-3 15600-39100

NOTIONAL BASIC

15600

GRADE PAY

5400

50 % OF BASIC & GRADE PAY

10500

NEW BASIC PENSION AS ON 01.01.06 =CASE 3=10500

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