Sample Sheet on Pension Calculation - (TN) - ALLCGNEWS

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29 December 2010

Sample Sheet on Pension Calculation - (TN)


 G.O. 788 Fin 13.05.1986, 134179 / 91-1 Fin 27.12.1991, 140549/92-4 Fin 02.07.1993 )



(814 Fin 30.09.1994)







1
Name



A B C





2
Designation of post from which retired
X Y Z





3
Department/Office last served
P Q R





4
Date of Birth


20.09.1942




5
Date of Commencement of service
10.04.1965





Date of Superannuation/ retirements
30.09.2000




6
Rules under which pensionary benefits
T.N. Pension Rules



were settled








7
Qualifying Service (See para 3.9 Part III)
30.09.2000








             --
10.04.1965
D    Y









20.05.35



1. Addition to Qualifying Service

Nil



2. Period of Service not Qualifying for pension




    With reasons not Qualifying

Nil



    

20.05.35











8
Emoluments drawn during the last 10
Scale of pay Rs.4500--125--7000



months and Scale of pay preceding
01.07.1999   Rs.5875+SplPay50+PP50



retirement/superannuation(Pay, Special
01.07.2000   Rs.6000+   "       50+   50



pay, D.P.Allowance,Personal pay, D .Pay,





Interim relief)








9
Computation of Average emoluments on
   5975 X7      41825



which pension is fixed

   6100 X3      18300








      60125







Average Emoluments  Rs.6012.50







Pay Last drawn            Rs.6100



Pay last drawn being advantageous it has to be adopted             Rs.6100



10 i)
Total amount of Pension

6100 X 50 / 100  =       Rs.3050


      ii)
Family Pension Admissible





  a)
Ordinary rate of Family Pension: Pay last drawn X 30% subject to Min.1275 Max 6570

6100 X 30%       =        Rs.1830


    b)
Enhanced rate of Family Pension 50% of pay last drawn and not exceeding pension admissible on date of retirement Min.1275 Max.6570

  Nil


11
Details of Commutation of Pension





    i)
Percentage amount of monthly pension commuted           40%




  ii)
Amount of Commuted value of pension (Age Next birthday 59 years 10.46 Yrs purchase)

{3050 X 40 / 100} X 10.46 X 12 = Rs.1,53,135


12
Computation of D.C.R.Gratuity
Actual Service 35 years




(Emoluments=PAY+D.A)
5 months restricted to





33 years for Gratuity Pay 6100,







D.A.@41%(as on 1.7.2000) 2501=8601
8601 X 16 1/2 =  Rs.1,41,917



13
Amount of D.C.R.Gratuity


Rs.1,41,917



14
Remarks










Source - tn.gov

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