Option for Revising 7th CPC pay on Increment date is Beneficial in Rare cases

Option for Revising 7th CPC pay on Increment date is Beneficial in Rare cases Workout before Giving Option for Revising 7th CPC Pay Giving Option for revision of 7th CPC Pay is a must and important thing to be done by Central Government Employees in respect of implementation of 7th Pay Commission recommendations Your 7th CPC Pay will be revised as per the Option you choose to revise your Pay There are Two options provided in option form 1 . I ___________________________________ hereby elect the revised pay structure with effect from 1st...

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7th CPC Pension Calculation : Implementation of First Option after Committee Report

7th CPC Pension Calculation : Implementation of First Option after Committee Report “Revision of pension using the second option based on fitment factor of 2.57 be implemented immediately. The first option may be made applicable if its implementation is found feasible after examination by the Committee” Revision of Pension of pre 7tn CPC retirees : The Commission recommends the following pension formulation for civil employees including CAPF personnel who have retired before 01.01.2016 (i) ...

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Calculation of Quantum of Pension as per 7th CPC Notification

Calculation of Quantum of Pension as per 7th CPC Notification The quantum of pension/family pension available to the old pensioners/ family pensioners shall continue to be as follows:- Age of Pensioner/family Pensioner Additional quantum of Pension From 80 years to less than 85 years20% of revised basic pension/ family pension From 85 years to less than 90 years30% of revised basic pension / family pension From 90 years to less than 95 years40% of revised basic pension / family pension From 95 years to less than 100 years50% of revised...

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PENSION CALCULATION AS PER 7TH CPC NOTIFICATION WITH ILLUSTRATION

PENSION CALCULATION AS PER 7TH CPC NOTIFICATION WITH ILLUSTRATION For existing pensioners, who have retired before 01.01.2016, the revised pension/family pension with effect from 01.01.2016 shall be determined by multiplying the pension/family pension, as had been fixed at the time of implementation of 6th Central Pay Commission (CPC) recommendations, by 2.57. The amount of revised pension/family pension so arrived at shall be rounded off to next higher rupee. Illustration: Case I : Pensioner ‘A’ retired at last...

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7th CPC on Pensionery Benefits – Pension/gratuity/commutation of pension/family pension/disability pension/ex-gratia lump-sum compensation

7th CPC on Pensionery Benefits – Pension/gratuity/commutation of pension/family pension/disability pension/ex-gratia lump-sum compensation F. No 38/37/2016-P&PW(A)Ci’) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Pension & Pensioners’ Welfare Lok Nayak Bhawan, New Delhi-110003 Dated the 4th August, 2016 OFFICE MEMORANDUM Sub: Implementation of Government’s decision on the recommendation of the Seventh Central Pay Commission – Revision of provisions regulating pension/gratuity/commutation...

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7th CPC Resolution for Pensioners and Family Pensioners

7th CPC Resolution for Pensioners and Family Pensioners (TO BE PUBLISHED IN THE GAZETTE OF INDIA (EXTRAORDINARY), PART I, SECTION 1) GOVERNMENT OF INDIA MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Pension and Pensioners’ Welfare) RESOLUTION New Delhi, the 4th August, 2016 No.38/37/2016-P&PW (A) – The Terms of Reference of the Seventh Central Pay Commission as contained in Ministry of Finance (Department of Expenditure) Resolution No.1/1/2013-E.1I1 (A) dated 28.2.2014 included the following: “To ...

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Implementation 7th Pay Commission Revision of pension of pre-2016 Pensioners/Family Pensioners

Implementation 7th Pay Commission Revision of pension of pre-2016 Pensioners/Family Pensioners F.No.38/37/2016-P&PW(A) (ii) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Pension & Pensioners’ Welfare Lok Nayak Bhawan, New Delhi-110003 Dated the 4th August, 2016. OFFICE MEMORANDUM Sub: Implementation of Government’s decisions on the recommendations of the Seventh Central Pay Commission – Revision of pension of pre-2016 pensioners/family pensioners etc. The undersigned is directed to...

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