AP Latest GO's

www.teacherNews.in


CCE FA 2 Model Slip Tests

Telangana Latest GO's

AP & Telangana Pensioners- How to fixation new Basic as per PRC 2015

Posted by Teachers Manual Transfers Counselling Dates SGT/ SA/ LP/ HM Vacancies Results on Friday, May 8, 2015



AP & Telangana Pensioners- How to fixation new Basic as per PRC 2015

How to Calculation New Pension as follow Steps

  • 1. New Basic of  Pension = (Old Basic of  Pension) x (2.06344)
  • 2. Gross pension = (New Basic of Pension x 1.08908)+ 400(Medical allowance)
  • 3. For example, if one pensioner getting pension with basic of pension 7000, then his new basic will be 7000 x 2.06344=14444
  • 4. There is no stages for pensioners.
  • 5. Gross pension = (14444  x 1.08908)+400 (Medical allowance) = 16131
  • 6. Net Pension = Gross Pension - Commutation = 16131 - 2800 = 13331
  • Pay as on 01/07/2013 : Rs 31460/-
  • Dearness Relief (DR)@63.344%: Rs 15406/-
  • Fitment @ 43% :Rs 10458/-
  • New Pension Pay as on(01/07/2013):Rs 50184



Dearness  Relief  Will be calculated as follows

  • 1. D.R Rate for state Govt Pensioners = (Central announced D.R*0.524)
  • 2. From 01.01.2014 to 30.06.2014 D.R = 10*0.524%=5.24%
  • 3. From 01.07.2014 to 31.12.2014 D.R=( 10+7)*0.524%=8.908%
  • 4. From 01.01.2015 to 30.06.2015 D.R Will be announced later

New Pension Calculation Process Step Calculation Result

  • Pay as on 01/07/2013  = Rs 24320/-
  • Dearness Relief (DR)@63.344%: 24320x63.44/100 = Rs15406/-
  • Fitment @ 43% 10458x43/100 = Rs10458/-
  • Total =Rs37243/-

--------------------------------------------------------------------------------------------------------------------------

Dear Friends and Sir/ Medam, If you like this Post Share to your friends

Blog, Updated at: 7:04 PM

0 comments:

Post a Comment