COMPARATIVE FP CHART: FROM APRIL 1, 2021 REVISED FAMILY PENSION (BANK) PAYABLE

 Ministry of Finance (Department of Financial Services) in its letter dated 25.08.2021 addressed to the Chief Executive of IBA conveyed the revision of family pension. According to the letter, the payment of Family Pension should be at a uniform rate of 30% of the pay of the deceased employee without any ceiling on family pension effective from 1.4.21.

Family Pension is computed on the LAST DRAWN PAY of the deceased Employee which includes Basic Pay + eligible Portion of PQA & FPA ranking for PF

Sixty percent of the pension drawn by you is the approximate family pension payable to your spouse after your death. The below chart is prepared for your reference, considering the top of the pay scale at the time of retirement/ death while still in active service.

Cadre	Existing Family Pension (BASIC+DR)	Revised Family Pension (BASIC+DR)
11th BPS after 1.11.2017
Sub-Staff	8031	14061
Clerical	12460	24919
Off. scale I	15227	30543
Off. Scale-II	16757	33815
Off. Scale III	16757	34867
Off Scale-IV	16757	36007
Off. Scale V	16757	39459
Off. Scale VI	16757	43956
Off Scale VII	16757	48832
BPS 10 after 1.11.2012 to 31.10.2017
Sub-Staff	8367	12550
Clerical	11087	22174
Off. scale I	11087	22174
Off. Scale-II	12123	24248
Off. Scale III	13585	27171
Off Scale-IV	15611	31222
Off. Scale V	16330	34864
Off. Scale VI	16330	40380
Off Scale VII	16330	44855
9th BPS after 1.11.2007 to 31.10.2012
Sub-Staff	7754	11631
Clerical	10234	20468
Off. scale I	10563	21125
Off. Scale-II	11549	23098
Off. Scale III	12946	25893
Off Scale-IV	14878	29756
Off. Scale V	16604	33208
Off. Scale VI	16248	38740
Off Scale VII	16248	42744
BPS 8 after 1.11.2007 to 31.10.2012
Sub-Staff	5295	7943
Clerical	8027	13878
Off. scale I	9581	19163
Off. Scale-II	10464	20823
Off. Scale III	12355	24710
Off Scale-IV	12681	25361
Off. Scale V	13983	27967
Off. Scale VI	15412	30825
Off Scale VII	16754	34250
BPS 7 after 1.04.2002 to 31.10.2002
Sub-Staff	5929	70148
Clerical	7926	12657
Off. scale I	8838	17545
Off. Scale-II	9557	18794
Off. Scale III	10571	20557
Off Scale-IV	11375	21953
Off. Scale V	12446	23815
Off. Scale VI	13630	25684
Off Scale VII	15011	27009
BPS 6 Nov 92/July 93 to 31.03.2002
Sub-Staff	5902	6402
Clerical	7741	11611
Off. scale I	7892	16578
Off. Scale-II	8996	17770
Off. Scale III	9985	19457
Off Scale-IV	10760	20775
Off. Scale V	11790	22532
Off. Scale VI	13025	24641
Off Scale VII	14411	26176
BPS 5  after 1.1.86 to 31.10.92
Sub-Staff	5913	5992
Clerical	7884	11275
Off. scale I	7924	15847
Off. Scale-II	8660	17028
Off. Scale III	9671	18871
Off Scale-IV	10538	20318
Off. Scale V	11721	20507
Off. Scale VI	12903	24266
Off Scale VII	13797	25347