How is revised pension calculated for pre 2016 pensioners?
It was provided in this O.M. that the revised pension/family pension w.e.f. 1.1. 2016 of pre-2016 pensioners/family pensioners shall be determined by multiplying the pension/family pension as had been fixed at the time of implementation of the recommendations of the 6th CPC, by 2.57. Pensioners’ Welfare. 4.
How is pension revision calculated?
2016, the revised pension/family pension with effect from 01.01. 2016 shall be determined by multiplying the pension/family pension, as had been fixed at the time of implementation of 6th Central Pay Commission (CPC) recommendations by 2.57.
What is Table No 24 and 25 in revision of pension concordance?
2017. Tables No. 24 & 25 in these concordance tables indicated the revised pension/family pension based on the corresponding 6h CPC grade pay of Rs. 4200/- in respect of pre-2006 pensioners/family pensioners who retired/died in the 5th CPC scale of Rs.
How can I fix my pay in 6th CPC?
Pay Fixation Calculator on Promotion as per 6th Pay Commission Recommendations
- Select Your Pay Band and Grade Pay.
- Enter Your Basic Pay (Including Grade Pay)
- Select Promoted Grade Pay.
- Select pay fixed on Promotion Date or Increment Date.
What is fitment factor in 7th Pay Commission?
He added that the 7th CPC fitment factor has been fixed at 2.57 while implementing the seventh pay commission, and the employee’s monthly basic salary and monthly contribution like Provident Fund (PF), gratuity are expected to rise from July.
What is a concordance table?
The Table of Concordance is intended as a guide to assist users in comparing the provisions of an Act as they existed prior to the Revision with the provisions of the Act included in the Revision.
What is fitment factor in 6th CPC?
The 6th Pay Commission had suggested 1.86 as Fitment Factor. The 7th Pay Commission recommended a common fitment benefit of 2.57 to be applied for all employees. On the basis of this fitment factor, the minimum basic pay for central government employees is Rs. 18,000 per month, an increase from Rs.
When was 6th CPC implemented?
On 14 August 2008, the United Progressive Alliance (UPA) government, headed by Manmohan Singh, approved the Sixth Central Pay Commission recommendations with some modifications. Back pay was given from 1 January 2006 and allowances with effect from 1 September 2008.
How is fitment calculated?
How to calculate fitment factor with basic pay? If an employee drawing basic pay Rs. 15,500 in 4200 Grade Pay, his/her pay will be fixed as per the recommendations of 7th pay commission as follows: Rs. 15,500 x 2.57 = Rs. 39,835. Grade Pay 4200 = 7th CPC Level 6.
What is fitment benefit?
In 7th Pay Commission, the fitment factor is used to decide the salary of central employees. The salary of central employees has increased by more than 2.5 times, due to the use of the fitment factor.
