PR Tension Calculation

You might also like

Download as ods, pdf, or txt
Download as ods, pdf, or txt
You are on page 1of 4

This worksheet gives a calculation of Pension revision for pre 2007 retired BSNL absorbed pens

(1) As per 30 % fitment benefit on Pension+68.8 % DA as given for serving employees of BSNL
(2) As per 40 % fitment benefit given to Central Govt. Pensioners.
It also gives the revised pension as per the two methods, the difference between the two.
It also gives a projected Pension + DA as on 31-12-2016 prior to next pay revision of employees
It also gives likely revised pension in 2017 with different fitment benefits in Central Govt. and BS

The illustration is worked out on a gross pre revised pension of Rs.1000/- as on 31-12-2006

With 30 % With 40 %
BSNL Central Govt
Fitment Fitment

Gross Pension As on 31-12-2006 . . . . 1,000.00 1,000.00


DA 68.8 % as on 01-01-2007 688.00 688.00
Total Pension +DA 68.8 % 1,688.00 1,688.00

Revised Gross Pension as on 01-01-2007 2,194.40 2,088.00

Projected IDA DA as on 01-01-2017 80 % 80 %

DA as on 01-01-2017 - 80 % of Gross pension 1,755.52 1,670.40

Pension + DA as on 01-01-2017 3,949.92 3,758.40

Now Comes Next Pension Revision at 01-01-2017

Pension + DA as on 01-01-2017 3,949.92 3,758.40

Loss in Central Govt. Fixation method


Loss in Pension + DA as on 01-01-2007 (with 0 % DA)
Loss in Pension +DA as on 01-01-2017 (with projected 80 % DA)
Average loss per month from 2007 to 2017 [(106.40+191.52)/2]
Loss for 120 months from 01-01-2007 to 01-01-2017

This is for a pre revised gross pension of Rs.1000/- on 31-12-2006.


You calculate for your actual loss. = (Your gross pension / 1000) x 17875.2

Now you see your further likely pension revision in 01-01-2017 whether you can make good the loss in your life tim
Even with a higher fitment benefit in Central Govt. than in BSNL

Revised Pension as on 01-01-2017

With fitment benefit of 10 % over Pension 4,169.36 3,967.20


With fitment 10 % over Pension +DA 4,344.91 4,134.24
With fitment benefit of 20 % over Pension 4,388.80 4,176.00
With fitment 20 % over Pension +DA 4,739.90 4,510.08
With fitment benefit of 30 % over Pension 4,608.24 4,384.80
With fitment 30 % over Pension +DA 5,134.90 4,885.92
With fitment benefit of 40 % over Pension 4,827.68 4,593.60
With fitment 40 % over Pension +DA 5,529.89 5,261.76

Govt had given fitment benefit of 40 % over basic pension only


BSNL had given fitment benefit over Pay + DA which we are eligible

Assuming similar fitment benefit of 40 % over pension in 01-01-2017 by Govt. you get 4593.60

With a similar fitment benefit of 30 % over pay +DA in BSNL you get 5134.90 which is still higher

Even with 20 % fitment benefit over pay+DA in BSNL you get 4739.90 which is still higher than Govt 40

Only if BSNL fitment benefit is 10 % over pay+DA you get Rs. 4344.91 which will be lower than Govt. fi

This much difference of 30 % in fitment benefit between PSU and Central Govt. is not probable.
BSNL absorbed pensioners in 2 methods
employees of BSNL

tween the two.


evision of employees in 2017
Central Govt. and BSNL

as on 31-12-2006

Difference

0.00
0.00
0.00

106.40

85.12

191.52

191.52

106.40
191.52
148.96
17,875.20

od the loss in your life time

202.16
210.67
212.80
229.82
223.44
248.98
234.08
268.13

you get 4593.60

which is still higher

s still higher than Govt 40 % fitment over pension

will be lower than Govt. fitment of 40 %

t. is not probable.

You might also like