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    For Information To The Pensioner

    Uploaded by

    RAJESH
    This document provides information on pension calculations for two cases: a superannuation case and a family pension case. For the superannuation case, it details the pensioner's service details and calculations for their monthly pension amount, commuted pension amount, death-cum-retirement gratuity (DCRG), and family pension rates. For the family pension case, it similarly details the deceased government servant's service history and calculations for death gratuity, enhanced family pension rate, and normal family pension rate for their surviving family. The document includes abbreviations and formulas used to calculate these retirement benefits.

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    For Information To The Pensioner

    Uploaded by

    RAJESH
    36 views4 pages
    This document provides information on pension calculations for two cases: a superannuation case and a family pension case. For the superannuation case, it details the pensioner's service details and calculations for their monthly pension amount, commuted pension amount, death-cum-retirement gratuity (DCRG), and family pension rates. For the family pension case, it similarly details the deceased government servant's service history and calculations for death gratuity, enhanced family pension rate, and normal family pension rate for their surviving family. The document includes abbreviations and formulas used to calculate these retirement benefits.

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    This document provides information on pension calculations for two cases: a superannuation case and a family pension case. For the superannuation case, it details the pensioner's service details and calculations for their monthly pension amount, commuted pension amount, death-cum-retirement gratuity (DCRG), and family pension rates. For the family pension case, it similarly details the deceased government servant's service history and calculations for death gratuity, enhanced family pension rate, and normal family pension rate for their surviving family. The document includes abbreviations and formulas used to calculate these retirement benefits.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    36 views4 pages

    For Information To The Pensioner

    Uploaded by

    RAJESH
    This document provides information on pension calculations for two cases: a superannuation case and a family pension case. For the superannuation case, it details the pensioner's service details and calculations for their monthly pension amount, commuted pension amount, death-cum-retirement gratuity (DCRG), and family pension rates. For the family pension case, it similarly details the deceased government servant's service history and calculations for death gratuity, enhanced family pension rate, and normal family pension rate for their surviving family. The document includes abbreviations and formulas used to calculate these retirement benefits.

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    © All Rights Reserved
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    Download as doc, pdf, or txt
    of 4

    For Information to the Pensioner

    ILLUSTRATION 1
    SUPERANNUATION CASE

    ABBREVIATIONS
    SMPs - Six Monthly Periods
    NQS - Net Qualifying Service

    1. Name and Designation of the


    Retired Govt. Servant : XYZ, Head Master

    2. Class of Pension : Superannuation

    3. Date of Birth : 16/07/1947

    4. Date of Appointment : 05/06/1968

    5. Date of Retirement : 31/07/2005

    6. Gross Service : 37Y - 01M - 26 D

    7. Non-Qualifying Service : 0Y - 0Y - 13 D

    8. Net Qualifying Service : 37Y - 01M - 13 D


     74 SMPs but limited to a
    maximum of 66 SMPs of service

    9. Time Scale of pay : 6500 – 200 – 10500

    10. Pay Details : Rs.8700/- w.e.f. 01/10/2004


    Rs.8900/- w.e.f 01/01/2005

    11. Average Emoluments for Pension : 8700 X 3 = 26,100


    (based on the pay drawn during 8900 X 7 = 62,300
    the last ten months) 88,400
    : Rs.88,400 / 10 = Rs.8,840/-

    12. Emoluments for Pension : Rs.8,840

    Formula for Calculation of Pension : 50% of Average Emoluments


    (For a maximum of 66 SMPs
    and the pension will be reduced
    proportionately according to the
    total SMPs of service).
    13. Pension : 8840 X 50/100 X 66/66
    = Rs.4420/- pm wef 1/08/2005

    14. Pension Commuted : Rs.4420 / 3 = Rs.1473/-


    (Max. commutable pension is 1/3)

    15. Factor : 10.46

    16. Reduced Pension : Rs.4420 – Rs.1473 = Rs.2947/-

    17. Commuted Value of Pension : Rs.1473 X 10.46 X 12 =


    Rs.1,84,891/-
    {Commuted pension x Factor based on Age Next Birthday x 12}

    Formula for calculation of DCRG : Emoluments for DCRG X


    SMPs/4 (limited to a max. of
    Rs.3,50,000/-)

    18. Last Pay Drawn : Rs.8,900/-

    19. DA @ 67% : Rs.5,963/-

    20. Emoluments for DCRG : Rs.14,863/-


    [DCRG Emoluments is LPD + DA]

    21. DCRG : Rs.14,863 X 66/4 =


    Rs.2,45,240/-

    22. Family Pension : i) Enhanced rate @ Rs.4,420/- pm


    upto 15/07/2012 or for 7 years
    from the day following the date of
    death whichever is earlier.

    ii) Normal rate @ Rs.2,670/- pm


    thereafter.
    ILLUSTRATION 2
    FAMILY PENSION CASE

    ABBREVIATIONS
    SMPs - Six Monthly Periods
    NQS - Net Qualifying Service

    1. Name and Designation of the


    Deceased Govt. Servant : XYZ, Head Master

    2. Class of Pension : Family Pension

    3. Date of Birth : 17/10/1948

    4. Date of Appointment : 04/11/1976

    5. Date of Death : 11/08/2005

    6. Gross Service : 28 Y - 9 M - 8 D

    7. Non-Qualifying Service : 0Y - 0 M - 22 D

    8. Net Qualifying Service : 28 Y - 8 M - 16 D


    (57 SMPs)

    9. Time Scale of Pay : 5900 – 200 – 9900

    10. Pay Last Drawn : Rs.7850/-


    [Rs.7700 + Rs.150 (PP)]

    11. Death Gratuity :

    With effect from 14/12/1987


    Formula for calculation of Death Gratuity is follows:
    Qualifying Service
    Less than 9 months = 2 times the emoluments
    9 months & above but less than
    4 years & 9 months = 6 times the emoluments

    4 years 9 months & above but less


    than 19 years & 9 months = 12 times the emoluments
    19 years 9 months and above = Half the emoluments for each
    completed SMPS subject
    to maximum of 33 times

    12. Last Pay Drawn : Rs.7,850/-

    13. DA @ 67% : Rs.5,260/-


    14. Emoluments for Death Gratuity : Rs.13,110/-
    [Death Gratuiry Emoluments is LPD + DA]

    15. Death Gratuity : Rs.13,110 X 57/2 =


    Rs.3,73,635/- limited to
    Rs.3,50,000/- (Maximum)

    16. Enhanced Family Pension : 50% of the pay last drawn


    payable from the day following
    the Date of Death of the Govt.
    Servant upto 65 years of age
    Of the Govt servant or 7 years
    from the day following the
    Date of Death of the Govt.
    Servant whichever is earlier.

    17. Normal Rate of F.P : 30% of Pay Last Drawn


    thereafter

    18. Enhanced Rate : 7850/2 = Rs.3925/- payable


    from 12.08.2005 to 11.8.2012

    19. Normal Rate : 7850 * 30% Rs.2355/- payable


    thereafter

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