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7th CPC Option Form Ready Reckoner For Grade Pay 5400 (PB 3)

August 4, 2016 rajasinghmurugesan

7th CPC Pay Fixation Increment Benefit Option – Ready Reckoner Grade Pay – 5400 (PB-3)

GRADE PAY – 5400 (PB-3)

OPTION 2 BENEFIT – LIST OF BASIC PAY

OPTION 1

OPTION II

Benefit of option 2

Rs.

Fixation on 1.1.2016

Fixation on 1.7.2016

6th CPC Basic Pay as on 31.12.2015

6th CPC Basic*2.57

(a x 2.57)

7th CPC Basic Pay as on 1.1.2016

7th CPC Basic Pay as on 1.7.2016

Increment on 6th CPC Basic x 3% on 1.7.2016
(a x 3%)

6th CPC Basic Pay as on 1.7.2016

(a+e)

Basic  x 2.57

(f x 2.57 )

7th CPC Basic Pay as on 1.7.2016

a

b

c

d

e

f

g

h

i

22480

57774

57800

59500

680

23160

59521

61300

1800

22490

57799

57800

59500

680

23170

59547

61300

1800

23840

61269

61300

63100

720

24560

63119

65000

1900

23850

61294

61300

63100

720

24570

63145

65000

1900

26060

66974

67000

69000

790

26850

69005

71100

2100

26070

67000

67000

69000

790

26860

69030

71100

2100

27660

71086

71100

73200

830

28490

73219

75400

2200

28480

73194

73200

75400

860

29340

75404

77700

2300

30220

77665

77700

80000

910

31130

80004

82400

2400

30230

77691

77700

80000

910

31140

80030

82400

2400

33010

84836

84900

87400

1000

34010

87406

90000

2600

33020

84861

84900

87400

1000

34020

87431

90000

2600

33030

84887

84900

87400

1000

34030

87457

90000

2600

34000

87380

87400

90000

1020

35020

90001

92700

2700

Disclaimer: We had done our best to get you the right value, however there could be errors.  We request the readers to validate the information and then act.  We will not take any responsibility for the losses incurred due to errors.

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Reader Interactions

Comments

  1. a sharma says

    August 28, 2016 at 12:03 pm

    i have applied voluntary retirement from service wef 01/10/2016. which option is best suited for me.
    please any advise.

    Reply
  2. Davendra Pal Singh says

    August 21, 2016 at 6:15 pm

    I feeel the modelity of increments has been totally change from what it was recommended by &th CPC. Under CPC recommendation it was given while fifing basic salary or pension one will get equal number of increments as he has earned in his 4th CPC scale. as extract of the same is given below:

    10.1.69 Illustration on fixation of pension based on recommendations of the Seventh CPC.

    Case I
    10.1.70 Pensioner ‘A’ retired at last pay drawn of Rs.79,000 on 30 May, 2015 under the VI CPC regime, having drawn three increments in the scale Rs.67,000 to 79,000:
    Amount in Rs.
    1. Basic Pension fixed in VI CPC 39,500
    2. Initial Pension fixed under Seventh CPC (using a multiple of 2.57) 1,01,515-Option 1
    3. Minimum of the corresponding pay level in 7 CPC 1,82,200
    4. Notional Pay fixation based on 3 increments 1,99,100
    5. 50 percent of the notional pay so arrived 99,550-Option 2
    6. Pension amount admissible (higher of Option 1 and 2) 1,01,515

    Case II
    10.1.71 Pensioner ‘B’ retired at last pay drawn of Rs.4,000 on 31 January, 1989 under the IV CPC regime, having drawn 9 increments in the pay scale of Rs.3000-100-3500-125-4500:
    Amount in Rs.
    1. Basic Pension fixed in IV CPC 1,940
    2. Basic Pension as revised in VI CPC 12,543
    3. Initial Pension fixed under Seventh CPC (using a multiple of 2.57) 32,236 Option 1
    4. Minimum of the corresponding pay level in 7 CPC 67,700
    5. Notional Pay fixation based on 9 increments 88,400
    6. 50 percent of the notional pay so arrived 44,200 Option 2
    7. Pension amount admissible (higher of Option 1 and 2) 44,200

    As given in CASE_II- clealy says about numbers of increaments in IV CPC in a particular scale.
    where as in the this document issued by Govt. it is Totally different.
    I feel it is beetter not to appoint any PYA COMMISSION inludin this should be abolish by Govt. and allow employee to draw their salary as per 6th CPC and DR as per cost index shal continue.
    Really it is very SHAME ON THE PART OFGOVT> GIVING ALL FAVRICATED RECOMMENDATIONS.

    Reply
  3. nishant sood says

    August 7, 2016 at 8:22 pm

    What if someone is getting macp benefit on dtd 10/2015 then which option either 1 or 2 is beneficial. Kindly explain

    Reply
  4. Shaheed Ul Zafar says

    August 6, 2016 at 10:37 am

    My basis is Rs. 15050/= + grade pay Rs. 4800 in PB 2 as on 31.12.2016. I got non-functional grade pay of Rs. 5400/- on 24th April, 2016. Which option is more beneficial for me?

    Reply
  5. SESHADRIVIKRALA says

    August 4, 2016 at 6:34 pm

    MAY kindly send us valid calculated PENSION WHO RETIRED AFTER 01-01-2006. PENSIONERS BENEFIT THEREOF

    Reply
  6. Gopinath says

    August 4, 2016 at 1:02 pm

    What about ready reckoner for Grade pay of Rs.6600/- . Please provide the deatails

    Reply

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