PENSION

Regular and eligible service of atleast 10 years is compulsory for pension eligibility.
If the duration of the eligible service is less, then pension will be reduced in that proportion.
Minimum 20-Years of Service is required of Full Pension eligibility.

After Retirement And upto Just

Calculation of Basic Pension (P) = (QBP) x (S) / 2 : belw the Age of 80-Years.
Age From 80 To Just belw the Age
Enhanced Basic Pension Calculation (P1) = (P1) x 1.2 : of 85-Years.
Age From 85 To Just belw the Age
Enhanced Basic Pension Calculation (P2) = (P) x 1.3 : of 90-Years.
Age From 90 To Just belw the Age
Enhanced Basic Pension Calculation (P3) = (P) x 1.4 : of 95-Years.
Age From 95 To Just belw the Age
Enhanced Basic Pension Calculation (P4) = (P) x 1.5 : of 100-Years.
Enhanced Basic Pension Calculation (P5) = (P) x 2.0 : For 100- Years Age and above

If the incumbant dies in service

then, FP=P for 7-Years or up the
Calculation of Family Pension (FP) = (P) / 2 : Died-Pentioner's virtual-Age of
67-Years, which ever is earlier.

Calculation Same as Just in case

Enhanced Family Pension Calculation (FP1,FP2,FP3,FP4,FP5) : of Basic Pension.

PENSION CALCULATION ("INPUT ONLY RED CELLS")

Date of Birth (DOB) : 9/1/1961
Date of Job Joining (DOJ) : 3/22/1987
Retirement Age (RA) : 60 Years
Sum of Last 10 Months Basic Pay (Rs.) 200000 For 10-Months
Last Months Basic Pay (Rs.) : 218200 For 1-Month
Minimum Service for Qualifying Pension -10 Yr : 20 (6-Months Term)
(In Total 6-Months)
Minimum Service for Full Pension : 40 (6-Months Term)
(In Total 6-Months)
Date/Month/Year of Retirement : 30/09/2021
Total Service (In Total Days) : 12611 Days
Total Service (Y:M:D) : 34 years 6 months 11 days
Total Service (Y),(M),(D) : 34 Years, 6 Months, 11 Days
Total Service (In Total Months) : 414 Complete Months
Total Qualifying Service (In Total 6-Months) : 69 (6-Months Term)
Logic Qualifying Service (S) Max: 40 (In Total 6-Months) : 40 (6-Months Term)
Average of Last 10 Months Basic Pay (Rs.) : 20000 For 1-Month
Logic Qualifying Basic Pay (QBP) (Rs.) : 218200 For 1-Month
Calculated Basic Pension (P), Age: Below 80 Year (Rs.) : 109100 INR
Enhanced Basic Pension (P1), Age: Between 80-85 Year (Rs.) : 130920 INR
Enhanced Basic Pension (P2), Age: Between 85-90 Year (Rs.) : 141830 INR
Enhanced Basic Pension (P3), Age: Between 90-95 Year (Rs.) : 152740 INR
Enhanced Basic Pension (P4), Age: Between 95-100 Year (Rs.) : 163650 INR
Enhanced Basic Pension (P5),: 100 Year or Above (Rs.) : 218200 INR
Calculated Family Pension (FP) (Rs.) : 54550 INR
Enhanced Family Pension (FP1), Age: Between 80-85 Year (Rs.) : 65460 INR
Enhanced Family Pension (FP2), Age: Between 85-90 Year (Rs.) : 70915 INR
Enhanced Family Pension (FP3), Age: Between 90-95 Year (Rs.) : 76370 INR
Enhanced Family Pension (FP4), Age: Between 95-100 Year (Rs.) : 81825 INR
Enhanced Family Pension (FP5),: 100 Year or Above (Rs.) : 109100 INR
 GRATUATY

For being eligible for gratuity, 5 years’ eligible service is compulsory. The amount of gratuity will
be equal to 1/4 of the last drawn emoluments of each completed six-month segments of
eligible service, with the maximum of 16-1/2 times.
With effect from 01-01-2006, the maximum limit of gratuity will be not greater than
Rs 10,00,000/- (rupees ten lakh) instead of Rs 3,50,000/- (rupees three lakh fifty thousand).
With effect from 01-01-2016 (7th Pay Commission), the maximum limit of gratuity is fixed as Rs
20,00,000/- (rupees twenty lakh) instead of Rs 10,00,000/- (rupees ten lakh) and subsequently
it is fixed at Rs 25,00,000/- (rupees twenty five lakh) instead of Rs 20,00,000/- (rupees twenty
lakh) if the dearness allowance reaches equal to or more than 25%

Calculation of Gratuaty (GRC) = (QP) x (SC) x (15) / (26) : For Central Employees

Calculation of Gratuaty (GRU) = (QP) x (SU) / 4 : For U.P. Employees

GRATUATY CALCULATION ("INPUT ONLY RED CELLS")

Date of Birth (DOB) : 8/28/1965
Date of Job Joining (DOJ) : 12/27/2004
Retirement Age (RA) : 60 Years
Sum of Last 10 Months Pay (Basic Pay + DA) (Rs.) : For 10-Months
Last Months Pay (Basic Pay + DA) (Rs.) : 218200 For 1-Month
Minimum Qualifying Service for Gratuity eligibility is 5-Years : 10 (6-Months Term)
(In Total 6-Months)

Maximum Qualifying Service To Gain Max. Gratuaty is 33-Years : 66 (6-Months Term)

(In Total 6-Months)

Date/Month/Year of Retirement : 31/08/2025

Total Service (In Total Days) : 7552 Days
Total Service (Y:M:D) : 20 years 8 months 3 days
Total Service (Y),(M),(D) : 20 Years, 8 Months, 3 Days
Total Service (In Total Months) : 248 Complete Months
Total Qualifying Service (In Total Years) : 21 Years
Logic Qualifying Service (SC) Max: 33 (In Total Years) : 21 Years
For Central Employees
Total Qualifying Service (In Total 6-Months) : 41 (6-Months Term)
Logic Qualifying Service (SU) Max: 66 (In Total 6-Months) : 41 (6-Months Term)
For U.P. Employees
Average of Last 10 Months Basic Pay (Rs.) : 0.00 For 1-Month
Logic Qualifying Basic Pay (QP) (Rs.) : 218200.00 For 1-Month
Maximum Limit of Gratuaty (GRC / GRU) as per Act (Rs.) : 2000000.00 INR (Max)
Gratuaty for Central Emploee (GRC) Calculated : 2000000.00 INR
Gratuaty for U.P. Emploee (GRU) Calculated : 2000000.00 INR
 PENSION COMMUTATION

As a result of the Fifth Pay Commission recommendations, with effect from 01 January 1996,
Maximum 40% (40-percent) portion of pension is permitted for commutation
(For 12-Years). This arrangement is optional, meaning thereby that this option must be given
though pension form part-1. The calculation of commuted value of the pension is made
according to the table effective from 01-01-2006 which has been issued vide the
GO No Sa-3-1508/10-2008-308-97 dated 08 December 2008 by Finance General-
No medical examination is required if the option is exercised within one year of retirement. If
the option is exercised after expiry of one year, he/she will have to under-go medical
examination by the specified competent authority.
Lump sum payable is calculated with reference to the Commutation Table. The monthly pension
will stand reduced by the portion commuted and the commuted portion will be restored on the
expiry of 15 years from the date of receipt of the commuted value of pension. Dearness Relief,
however, will continue to be calculated on the basis of the original pension (i.e. without
reduction of commuted portion). The formula for arriving for commuted value of Pension (CVP)
is CVP = (% of Pension Cummutation) X (Pension) x (Commutation factor) X 12. The
commutation factor will be with reference to age next birthday on the date on which
commutation becomes absolute.

CVP = (% of Cummutation, Max. 40%) X (Commutation factor) X 12

PENSION COMMUTATION CALCULATION ("INPUT ONLY RED CELLS")

Pension Sanctioned (P) : 109100.00 Per Month
Percentage of Pension To be Commutated (Px ) in % : 40% (Max. Limit 40%)
Age at the Time of apply for the Pension Commutation : 60 Year
Pension Sanctioned (P) : 109100.00 Per Month
Commutation Factor (CF), Seen from Commutation Table : 8.194 As per Table
How much Pension Commutated (in Rs.) : 43640.00 Per Month
Applicable Pension after Commutation : 65460.00 Per Month
Total Cummutation Amount (CVP), (in Rs.) : 4291034.00 INR
 7 23.1
5.5 18.15
419.265
 Calculated
INPUT (OUTPUT)
Age on the Commutation
next birthday value
(1) (2)

61 8.194

Commutation table:
Age on the Commutation
next birthday value
(1) (2)
20 9.188
21 9.187
22 9.186
23 9.185
24 9.184
25 9.183
26 9.182
27 9.18
28 9.178
29 9.176
30 9.173
31 9.169
32 9.164
33 9.159
34 9.152
35 9.145
36 9.136
37 9.126
38 9.116
39 9.103
40 9.19
41 9.075
42 9.059
43 9.04
44 9.019
45 8.996
46 8.971
47 8.943
48 8.913
49 8.881
50 8.846
51 8.808
52 8.768
53 8.724
54 8.678
55 8.627
56 8.572
57 8.512
58 8.446
59 8.371
60 8.287
61 8.194
62 8.093
63 7.982
64 7.862
65 7.731
66 7.591
67 7.431
68 7.262
69 7.083
70 6.897
71 6.703
72 6.502
73 6.296
74 6.085
75 5.872
76 5.657
77 5.443
78 5.229
79 5.018
80 4.812
81 4.611
Commutation table:

Age on the Commutati Age on the Commutati Age on the Commutati

next next next
on value on value on value
birthday birthday birthday
(2) (4) (6)
(1) (3) (5)
20 9.188 41 9.075 62 8.093
21 9.187 42 9.059 63 7.982
22 9.186 43 9.04 64 7.862
23 9.185 44 9.019 65 7.731
24 9.184 45 8.996 66 7.591
25 9.183 46 8.971 67 7.431
26 9.182 47 8.943 68 7.262
27 9.18 48 8.913 69 7.083
28 9.178 49 8.881 70 6.897
29 9.176 50 8.846 71 6.703
30 9.173 51 8.808 72 6.502
31 9.169 52 8.768 73 6.296
32 9.164 53 8.724 74 6.085
33 9.159 54 8.678 75 5.872
34 9.152 55 8.627 76 5.657
35 9.145 56 8.572 77 5.443
36 9.136 57 8.512 78 5.229
37 9.126 58 8.446 79 5.018
38 9.116 59 8.371 80 4.812
39 9.103 60 8.287 81 4.611
40 9.19 61 8.194