7th CPC Pension Calculation

7th CPC Pension Revision – Clarification on the points raised by banks in the meeting held on 22.08.2016

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7th CPC Pension Revision – Clarification on the points raised by banks in the meeting held on 22.08.2016 S.No. Clarification sought Action / Clarification 1 Applicability to absorbees Para 7 (a) of the OM No. 38/37/2016-P&PW (A) (ii) dated-04.08.2016 issued by DP&PW stipulates that “Where the Government servants on permanent absorption in Public Sector Undertakings Autonomous Bodies continue … Read more

Resolution for Revising Pension in 7th CPC will be issued soon

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Resolution for Revising Pension in 7th CPC will be issued soon The notification for revising Pension benefits in Sixth CPC had been issued on the same day of the Gazette Notification issued for revising the Pay and Allowances of Serving employees. The Sixth CPC had submitted its Report on 24 th March 2008 and exactly … Read more

Minimum pension fixed for retired Central Government employees

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Minimum pension fixed for retired Central Government employees Minimum Pensions The minimum pension fixed for retired Central Government employees is Rs. 3,500/- per month with effect from 01.01.2006. For pensioners, including those retired from public sector corporations and other establishments, to whom the Employees’ Pension Scheme (EPS), 1995 framed under the Employees’ Provident Funds & … Read more

Fixation of Pension as per 7th Pay Commission to Pre-2016 Retirees

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Fixation of Pension as per 7th Pay Commission to Pre-2016 Retirees RAGHUNATHAN Retired Central Govt Officer FIXATION OF REVISED PENSION as per Para 10.1.67 , Sub para (i) of 7th CPC Report : Pre-2016 RETIREES Shall First be fixed in the Pay Matrix on the basis of Pay Band and Grade Pay at which they … Read more

Reduction in the time period for Restoration of Basic Pension

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Reduction in the time period for Restoration of Basic Pension The Commission has received a number of representations requesting reduction of restoration period of commuted portion of pension from the existing 15 years. Analysis and Recommendations : The Commission notes that prior to V CPC the commutation allowed was one-third. However, there was no restoration. … Read more