Tuesday, August 4, 2020
Reduction of Pension
Employees (Award Staff) retired at the stage of attaining 6th stagnation in each of 9th, 10th and 11th BPS will draw Pension as follows:
9th. 10th. 11th
B.Pay 24100 39400 59494
B.Pen. 12050. 19700. 29747
Comp.(-) 4016. 6566. 9915
D.A. (+). 21256. 15267. 6184
Pension. 29290. 28401 26016
One simple question:
Up to 9th BPS, employees got more computation amount and more Pension than the one who retired in previous/earlier BPS.
Now in 10th and 11th BPS employees get more computation amount, but less Pension than one who retired in the previous/earlier BPS.
Why? What is the reason?
Everybody, except UFBU, knows it is because of loading at a small percentage in Basic Pay.
Attention those who retired after 01.11.2017!!
Your present pension amount will going to be reduced.
Excess Pension amount paid from your date of retirement to date will be calculated and will be recovered from your arrears payment.
A sample case is as follows:
A special assistant who's B.P.40710+1930+1310+800= 44750 is drawing Pension Rs.32257 (Aug,2020) now, will draw Pension Rs.29548 only after implementation of 11th BPS.
Good luck for those who are all going to retire in 12 BPS😆😆😆