This is a calculation about revised pension after 11 th BPS, in the recent circular issued by AIBEA .
Thursday, December 3, 2020
(Applicable to those who retired from 01.11.2017 to 31.10.2020)
I have already explained how the loading of 2.5% only on Basic Pay affects the post retirement benefits.
No need to elaborate here again.
This caculation is to cover up their failure in achieving higher load on Basic Pay and merging of Spl.Allowance with Basic Pay.
There are two options:
These union leaders think employees are ...... and does not know basic mathematics.
These union leaders themselves are ...... and does not know basic mathematics.