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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Thursday, December 28, 2023

How EXGRATIA will be calculated

Dear pensioners

How EXGRATIA will be calculated
Some WhatsApp message

After the merger at ,8088 without load
Difference in the basic between  the present  BPS where the PENSIONERS are 
And the present basic of 11th bps.

Example

8th bps basic   10520
M.f with 0%load 3.85
Revised basic.  40500

11 th bps basic.  40225
M f.at1.30
Revised basic     52300

Difference of
11 and 8.               11800

EX-GRATIA.  
  FOR 8TH BPS.   11800

THE CALCULATION MAY BE 
APPLIED  FOR ALL.

The above basic is corresponding for the grade in which the pensioner is i.g JMG 1

The M.F FOR 5-6-7-8-9-10-11 
ARE. 14.77-7.70-5.24-3.85-3.09-1.93-1.30

YOU CAN CALCULATE YOURSELF.

THE ABOVE CALCULATION 
WILL SERVE REDUCING THE DISPARITY.

THE ABOVE CAL.DID NOT TAKE INTO ACCOUNT  THE DA BENEFIT ACCRUE WITH THE DIPARITY IN BASIC.

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