Sunday, July 5, 2009

Family Pension Pre 2006

Pre 2006

Enhanced Rate of Family Pension for first seven years after death or the pensioner attaining 67 years of age whichever is earlier.
After seven years normal rate of Family Pension is payable.
Existing enhanced /normal rate of pension will be revised by the consolidation formula (Enhanced / Normal Rate of Pension + DP ) * 24 % of Enhanced / Normal Rate of Pension + 40 % of Enhanced / Normal Pension
However, Family Pension so consolidated should not be less than 30 % of the sum of minimum of the Pay Band + GP + MSP
EXAMPLE PRE 2006 FAMILY PENSION -PBORS

(a)Original Basic Pension as per PPO 4895
(b)Enhanced Family Pension as per PPO 4895
(c)Dearness Pension on Enhanced Family Pension 2448
(d)Normal Family Pension as per PPO or 60% of Basic Pension 2937
(e)Dearness Pension on Normal Family Pension 1469
(f)Existing Enhanced Rate of Family Pension (b + c) 7343
(g)Existing normal rate of family pension (d+e) 4406
(h)Revised rate of Enhanced Family Pension
on 01 Jan 06

(4895 + 2448)*24% + 40% of 4895 11063

(j) Revised rate of normal family pension as on 01 Jan 06
(2937 + 1469) *24% + 40% of 2937 6638






EXAMPLE PRE 2006 FAMILY PENSION - OFFICERS


(a)Original Basic Pension as per PPO 10900
(b)Enhanced Family Pension as per PPO 10900
(c)Dearness Pension on Enhanced Family Pension 5450
(d)Normal Family Pension as per PPO or 60% of Basic Pension 6540
(e)Dearness Pension on Normal Family Pension 3270
(f)Existing Enhanced Rate of Family Pension (b + c) 16350
(g)Existing normal rate of family pension (d+e) 9810
(h)Revised rate of Enhanced Family Pension
on 01 Jan 06 (Enhanced Family Pension will be stepped up to 26150) 24634
(j) Revised rate of normal family pension as on 01 Jan 06
(Family Pension will be stepped up to 15690 as mentioned in Revised Annexture II
14781

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