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

Comments

1. a sharma

   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

   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

   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

   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

   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

   August 4, 2016 at 1:02 pm

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

   Reply