REVISED DISABILITY PENSION RATES.
Many veterans and Bank branches are approaching us for clarification regarding the Rates of Disability pension as on date.
For Post 2006 retirees, it is 30% of their Average emolument at the time of discharge..It may vary for each veteran. This amount is for 100 % disability, For lesser percentage you can calculate.
For Pre-2006 retirees the 30% is on Minimum pay in the Pay band + Grade pay + MSP + X group pay . This for 100% disability. For lesser percentage you have to calculate.
There is no change for Sepoy , Naik and Havildar.
For example: Hav. Group-‘B’
Minimum Pay in the pay band = 5200 Grade Pay=2800 MSP=2000 + Class pay 150
Total= 10150 30% of 10150 is 3045. This is for 100% . But the existing rate is Rs.3510.
Hence there is no benefit.
Post 2006 and Pre-2006 retirees…..Rate: for 100% disability.
Army Navy Airforce Group Group
RANKs A/I/X B to H/Y
Sep Seman AC/ LAC 3510 3510
Naik Leading Corporal 3510 3510
Hav Petty Officer Sgt. 3510 3510
NB.Sub cpo JWO 5070 4650
SUB MCPO WO 5190 4770
Sub.Maj MCPO-I MwO 5250 4830
Hoby.Lt H.Sub.Lt H F O 8100
Hony.Capt H.Lt H.Fl.Lt. 8310
For lesser percentage, calculate accordingly.
For a sub. Group .X, 40% disability will be
5190 X 40%=2076. Previously the same Sub. Was getting 40% - 4300 X 40%=1720.
This is the difference. So all ranks above Nb.Sub are benefited. You can approach the banks for revision. We have already Published in our Blog on April 18, 2011.