Service Pension = Last Pay Drawn X (Qualifying Service/66)
Enhanced Family Pension = Last Pay Drawn X (50/100)
Normal Family Pension = Last Pay Drawn X 30/100
Provisional Pension = 75 % in Service pension.
Anticipatory Service Pension = 90% of Service Pension
Gratuity = (Last Pay Drawn+D.A)X Service in Half year X (1/4)
D.C.R.G = (Last Pay Drawn+D.A)X Service in Half years X (1/4)
Anticipatory Gratuity = 80 % of Admissible gratuity
Commutation Value of Pension =Commuted pension x 12 x commutation value
RULES:Calculation of Qualifying Service:
*Maximum Qualifying Service is limited to 33 years.
Ex: If Service of an Employee is 35 Years = 33 years.
*The Service more than 3 months is treated as ½ year.
*The Service more than 9 months is treated as 1 year.
Ex 1: If Service of an Employee is 17 Years 4 months = 17 years +½ year= 17.5 years.
Ex 2: If Service of an Employee is 17 Years 10 months =17+1 years = 18 years.
Service Pension = Last Pay Drawn X (Qualifying Service/66)
Enhanced Family Pension = Last Pay Drawn X (50/100)
Normal Family Pension = Last Pay Drawn X 30/100
Provisional Pension = 75 % in Service pension.
Anticipatory Service Pension = 90% of Service Pension
Gratuity = (Last Pay Drawn+D.A)X Service in Half year X (1/4)
D.C.R.G = (Last Pay Drawn+D.A)X Service in Half years X (1/4)
Anticipatory Gratuity = 80 % of Admissible gratuity
Commutation Value of Pension =Commuted pension x 12 x commutation value
RULES:Calculation of Qualifying Service:
*Maximum Qualifying Service is limited to 33 years.
Ex: If Service of an Employee is 35 Years = 33 years.
*The Service more than 3 months is treated as ½ year.
*The Service more than 9 months is treated as 1 year.
Ex 1: If Service of an Employee is 17 Years 4 months = 17 years +½ year= 17.5 years.
Ex 2: If Service of an Employee is 17 Years 10 months =17+1 years = 18 years.