PROBABLE-
MODEL CALCULATION OF
NOTIONAL FIXATION OF PENSION.
NOTIONAL FIXATION OF PENSION.
Our PCDA has issued the
Circular 608 dated 28-10-2018 with 217 concordance tables. Rank and group wise for all Pre 2016 retiries.
We have given one Example of calculation for the Rank of Sgt, Gp X QS; 15 yrs.
The related circulars are
- CDA cir- 568, 585 and 608.
As most of our veterans
are not aware of their length of service
of Last Rank held, the Record Office are
advised to verify and arrange for issuing
ePPO for each persons which may take a long time.
The CDA circulars 608 says,
.Due care is taken in preparing the tables and the revision may be done.
We feel that PDAs are
waiting for ePPOs for effecting the
revision
A MODEL
CALCULATION OF NOTIONAL PENSION
AS PER CDA CIRCULAR 608- CONCORDANCE TABLES.
References: CDA cir
568, 585 and 608
For example :
Sgt Group- X Qualifying Service 15 yrs.
As per CDA circular-
568Minimum fitment -Emolument =
14890( 7445X2)
As per Table No
12/13 of Concordance Tables
Take our above Min.Pay
………………14890.
Then as per Para 1 of cir 608, the MSP and X Gp Pay to be added to this arrived rate
Take this rate and equated
to Notional pay as 39200 as per table:12/13.( 1 )
Revised MSP as per 7th CPC……..5200-
Revised X Gp as per 7th CPC…… 3600-
( it may be 6200 also- which is for Diploma holders)
Now
arrive the Emolument…Notional Pay….39200.00
arrive the Emolument…Notional Pay….39200.00
MSP…………….. 5200.00
X Gp pay…….. 3600.00
Toal minimum
emolument… 48000.00….
As per CDA cir 585, para 5 pension is 50% of Notional pay.
Hence,
n this case, pension is 48000/ 2= 24000.00.
n this case, pension is 48000/ 2= 24000.00.
Presently drawing the rate is.. = 22064.00
So the difference
will be =
1936.00
This is how we understand, there may be some other formula also.
For more than 15 yrs Qs, add 3% increment for each
year
of service with the Notional pay.
Dear Kanthaiah sir good morning, the MGP of Rs 7445/- contains 50% of (MSP 2000 + X-gp Rs 1400/-)Pl .Caliculate once again
ReplyDeletewith Regards
A.R.Naidu
Difference kab se milega
ReplyDeleteDear Naidu Sir. Please read para 1 of CDA cir 608.
ReplyDeleteThank you for visiting our blog.
s.Kanthia
Sir,numerous e-mails sent to cppc sbi chennai for revision to broad banding. But cda circular 596 is still pending to credit.Sir any other approach, kindly advice me.
ReplyDeleteDear Arunagiri Sir,
ReplyDeleteCir 596 is very clear. The Bank itself can revise from 20% to 50% without referring to CDA. Pl write to SBI again. If the rate is already revised earlier, it can not revised once again.
Thank you for visiting us.