• Skip to main content
  • Skip to primary sidebar
  • Home
  • AICPIN
  • DA Calculator
    • DA Arrears Calculator
  • Pay Matrix
    • 7th CPC Pay Matrix Table
  • Holidays 2022
  • Salary Calculator 2022
Gservants

Gservants

Latest updates of Central Government employees news and 7th pay commission pay matrix tables

You are here: Home / Latest 7th Pay Commission News / 7th CPC Revised Pension / Revision of Pension of pre 7th CPC retirees
Revised 7th CPC Pay Matrix
7th CPC Pay Matrix Level 1 to 5
7th CPC Pay Matrix Level 6 to 9
7th CPC P Matrix Level 10 to 12
7th CPC P Matrix Level 13 to 14 
7th CPC P Matrix Level 15 to 18
Expected DA Calculator from July 2022
New Salary Calculator for CG Staff
Fitment Factor 3.68 and Minimum Pay Rs.26000
34% DA-Union cabinet DA announcement before Holi
DA Arrears Calculator 2022
Fitment Factor and Pay Matrix Table

Revision of Pension of pre 7th CPC retirees

August 5, 2016 G. Buvaneswari

Revision of Pension of pre 7th CPC retirees

Committee formed to examine the 1st Option for revising 7th CPC Pension

The Commission recommends the following pension formulation for civil employees including CAPF personnel who have retired before 01.01.2016

(i) All the Civilian personnel including CAPF who retired prior to 01.01.2016 (expected date of implementation of the Seventh CPC recommendations ) shall first be fixed in the Pay Matrix being recommended by this Commission, on the basis of the Pay Band and Grade Pay at which they retired, at the minimum of the corresponding level in the matrix. This amount shall be raised, to arrive at the notional pay of the retiree, by adding the number of increments he / she had earned in that level while in service, at the rate of three percent. Fifty percent of the total amount so arrived at shall be the revised pension.

(ii) The second calculation to be carried out is as follows. The pension, as had been fixed at the time of implementation of the VI CPC recommendations, shall be multiplied by 2.57 to arrive at an alternate value for the revised pension.

(iii) Pensioners may be given the option of choosing whichever formulation is beneficial to them. It is recognized that the fixation of pension as per formulation in (i) above may take a little time since the records of each pensioner will have to be checked to ascertain the number of increments earned in the retiring level. It is therefore recommended that in the first instance the revised pension may be calculated as at (ii) above and the same may, be paid as an interim measure. In the event calculation as per (i) above yields a higher amount the difference may be paid
subsequently.(Para 10.1.67 and Para 10.1.68 of the Report)

Government Decision on Options

Both the options recommended by the 7th Central Pay Commission as regards pension revision be accepted subject to feasibility of the implementation.Revision of pension using the second option based on fitment factor of 2.57 be implemented immediately.

The first option may be made applicable if its implementation is found feasible after examination by the Committee comprising Secretary (Pension) as Chairman and Member(Staff). Railway Board, Member (Staff), Department of Posts, Additional Secretary & Financial Adviser, Ministry of Home Affairs and Controller General of Accounts as Members

Source : http://www.pensionersportal.gov.in/

Related posts:

  1. 7th CPC Pension Order – Family Pension Enhanced to 50Pc of Basic Pay
  2. 7th CPC Pension – Separate orders for who retired/died on or after 01.01.2016
  3. Revision of Pension for 55.51 lakh Pensioners and Family Pensioners
  4. Official Fitment Table for Pre 2016 Pensioners – Concordance Table 43

TYPE HERE THE RELATED WORD AND SEARCH ORDERS

Reader Interactions

Comments

  1. PRALAY KUMAR DAS says

    August 7, 2016 at 20:21

    Suno, Suno, Suno.Today Zee News published a funny news that cg pension hiked 157% which is pension 3500 will be 9000.The news channel is speak to not about 125% DAs included in 9000.The people of country will think pension will hike 9000-3500=5500.This is an antipropagand against pensioners as well as serving cg employee. Hence pensioners association and NJCA are requested to protest against this type of unauthenticated news.

  2. Raja says

    August 5, 2016 at 18:46

    FINALLY THEY DECIDED MAKE FORMULA 2,57%. whether NOTICIATION IS REQUIRED OR BASED ON YOUR DISPLACE IS FINAL. kindly CONFIRM .RAJA

Leave a Reply

You must be logged in to post a comment.

Primary Sidebar

Follow for Updates

  • Facebook
  • Twitter

Latest 7th CPC Calculators

New Salary Calculator 2022
Promotion Pay Fixation Calculator
7th CPC Gratuity calculator
In hand Salary calculator 2022
DA Calculator from July 2022
7th CPC Pension Calculator
7th CPC Commutation calculator
CGEGIS Benefits Calculator
Night Duty Allowance Calculator

7TH CPC PAY MATRIX

7th CPC Pay Matrix Level 1 to 5
7th CPC Pay Matrix Level 6 to 9
7th CPC P Matrix Level 10 to 12
7th CPC P Matrix Level 13 to 14 
7th CPC P Matrix Level 15 to 18

Central Govt Holidays 2022

Central Govt Holidays 2022
Compulsory Holidays 2022
Restricted Holidays 2022
Holidays 2022 Month wise
List of Holidays 2022 Download

Latest DA and DR News

Expected DA Calculator from July 2022
18 Months DA Arrears Latest News 2022
DA Arrears Loss Calculator for 18 Months
DR Loss calculator for Freezing Period

LTC Eligibility and Block Year

LTC Rules for New Recruits
Current LTC Block is 2022-2025
LTC Block Year 2018-2021
LTC Carry Forward 2018-2021
LTC FAQ for New recruits
LTC by Air Travel guidelines
LTC by Air to NER, JK and AN
LTC 80 Air Fare Latest
Booking LTC Air Tickets

© 2010–2022 . Gservants-Central Government Employees News