HOW to Calculation of Pension / Commutation on Revised Pay

For Calculation of Pension / Commutation on Revised Pay

Enter Your Salary Drawn Details for the last ten Months of Retirement/VRS in below table. As regards to FPP/PQP only Increment Component of FPP/PQP be filled .i.e. amount ranked for PF deductions.

In case of Officrs cadre amount of officiating, if any paid to them is not to be entered here.

Shortcut Steps - In case you have drawn same Basic/FPP/PQP/SA for the last 10 months - you may enter pay components in one row by multiplying it by 10( i.e. for BPay 14500 x 10 = 145000 ) in Table No. 1 and in same way enter your details in one row of revised pay in table No. 2.

Qualifying Year of Service for Pension Maximum Service is 33 for Pension Purpose  (e.g. 26yr 7mths=27 yrs & in case of VRS 27 + remaining year of service max of 5 yrs, in case remaining 7 year, service for pension=32 yrs )
Retirement on Superannuation / in case of VRS change age (default age 60 of superannuation)

S.No.	Basic Pay	FPP	PQP	SA	Off
	1	2	3	4	5
1
2
3
4
5
6
7
8
9
10
Gross Total of Pay
Average of 10 Months Pay
Basic Pension 50% OF LAST BASIC
Commutation of 1/3 of Basic Pension
Basic Pension After 1/3 Commutation
DA Payable For the Period Selected above
Pension Payable
Commutation Amount