Monday, July 29, 2013

CALCULATION OF PENSION


CALCULATION OF PENSION PAPERS
Ques -01      Calculate pension, Gratuity, Commuted value of Pension and familyPension on the following details:-
Date of Retirement                           =      19.07.2011.
 Date of birth                                      =      13.12.1955.
(a)         Previous Service Accounted for             =       01years 02 months &
    Pension towards Present Service                     10 days.
                              (d)    Date of Appt                                             =       23.03.1982.
                              (e)    EOL without MC                                        =       67 days.
                              (f)     Last Band Pay = Rs 9300.00, Grade Pay = Rs 2400.00.
                              (g)    DA -51%.
                              (h)    Opted for commutation    = 33%.
                              (j)      Commutation factors:-
                                                                            56 Yrs = 8.572  , 57 Yrs = 8.152  , 58 Yrs= 8.446
                                                                            59 Yrs = 8.371  , 60 Yrs = 8.257  , 61 Yrs= 8.194.

 To find the age for calculation of Commutation Pension :-
Ø  Date of Retirement   =    2011  .07   .19
Ø  Date of birth              =    1955  .12   .13
Ø  Present Age                         55   .07  .06      

Ø  Age for calculation commuted value= Next year of Age i,e 56 Years.

Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Retirement               =  2011        .07         .19
o   Date of Appt                          =  1982.        03         .23
                                       Total Service           =      29        .03         .26
o   Counting of his previous     =       01.         02        .10
                        Service.

                                       Total Service          =       30.         06         .06
            EOL period without MC        =      00          02          07

                            Total service          =      30          03          29

           Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period

                        30          03               29 (30½ Yrs)                   61 Years

Calculation for Pension = Rs 9300.00 + Grade Pay = Rs 2400.00 = Rs 11700.00
DA- 51% of Rs 11700.00 = Rs 5,967.00
    Pension = 50% of last Pay drawn    = Rs11,700 x 50      Rs 5,850.00
                                                                         100
    Commuted Pension    = 33%            = Rs 5,850.00 x 33%
                                    = Rs 1930.50( but as per rule fraction be ignore).                                                   Say  = Rs 1930.00

Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                           = Rs1930 x 12 x 8.572
                                           = Rs 1,98,527.52
                                  Say  = Rs 1,98,528.00

 Residual Pension            = Basic Pension (-) Commuted Pension
                                          = Rs 5850.00 (-)Rs 1930.00.
                                          = Rs 3,920.00

Retirement Gratuity       = ¼(BP+GP +DA) x Half yearly Q/Service.
                                         = ¼ (Rs  9300+ Rs 2400+ Rs 5967) x 61
                                         = ¼ (Rs  10,77,687.00)
                                         =   R  1077687.00     = R  2,69,421.75
                                                     4
                                 Say  = Rs 2,69,422.00

Family Pension            :-

(A)                     Normal   = 30% of last pay drawn or minimum to R  3500/-
                              = Rs 11700.00 x 30        =       Rs 351000
                                           100                                     100
                              = Rs 3510.00

(B)           Enhanced Rate     = Double of Normal of family pension.
                               = Rs 3510 x 2   = Rs 7020.00
                                                  Or
                              = 50% of last pay drawn whichever is less
                                 Will be enhanced family pension.

                              = Rs 11700.00 x 50    = Rs 585000
                                                                100                           100
                                               = Rs 5850.00 will be his enhanced family pension
                                                  For 10 years.








CALCULATION OF PENSION PAPERS
Ques -01A     Calculate pension, Gratuity, Commuted value of Pension and family
                      Pension on the following details:-

(b)         Date of Retirement                                   =      19.07.2011.
(c)         Date of birth                                               =      13.12.1955.
(d)               Previous Service Accounted for       =       01years 02 months &
    Pension towards Present Service                     10 days.
                              (d)    Date of Appt                                             =       23.03.1982.
                              (e)    EOL without MC                                        =       67 days.
                              (f)     Last Band Pay = R  9300.00, Grade Pay = R  2400.00.
                              (g)    DA -51%.
                              (h)    Opted for commutation    = 33%.
                              (j)      Commutation factors:-
                                                                            56 Yrs = 8.572  , 57 Yrs = 8.152  , 58 Yrs= 8.446
                                                                            59 Yrs = 8.371  , 60 Yrs = 8.257  , 61 Yrs= 8.194.

 To find the age for calculation of Commutation Pension :-
Ø  Date of Retirement   =    2011  .07   .19
Ø  Date of birth              =    1955  .12   .13
Ø  Present Age                         55   .07  .06      

Ø  Age for calculation commuted value= Next year of Age i,e 56 Years.
Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Retirement               =  2011        .07         .19
o   Date of Appt                          =  1982.        03         .23
                                       Total Service           =      29        .03         .26
o   Counting of his previous     =       01.         02        .10
                        Service.

                                       Total Service          =       30.         06         .06
            EOL period without MC        =                    02          07
                            Total service          =      30          03          29

         
 Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period

                        30          03               29 (30½ Yrs)                   61 Years

Calculation for Pension = R  9300.00 + Grade Pay = R 2400.00 = R  11700.00
DA- 51% of Rs 11700.00 = R  5,967.00
    Pension = 50% of last Pay drawn = R 11,700 x 50          R  5,850.00
                                                                     100
    Commuted Pension         = 33%  = R  5,850.00 x 33%
                                                = R  1930.50( but as per rule fraction be ignore).                                          SAY = R  1930.00


    Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                               = R  1930 x 12 x 8.572
                                               = R  1,98,527.52
                      Say                  = R  1,98,528.00

 Residual Pension                = Basic Pension (-) Commuted Pension
                                              = R  5850.00 (-)R  1930.00.
                                               = R  3,920.00

Retirement Gratuity             = ¼(BP+GP +DA) x Half yearly Q/Service.
                                               = ¼ (R  9300+ R 2400+ R 5967) x 61
                                               = ¼ (R  10,77,687.00)
                                               =   R  1077687.00     = R  2,69,421.75
                                                     4
                       SAY                 = R  2,69,422.00

Family Pension            :-

(C)                     Normal        = 30% of last pay drawn or minimum to R  3500/-
                                               = R  11700.00 x 30        =       R   351000
                                                               100                                 100
                                               = R 3510.00

(D)Enhanced Rate     = Double of Normal of family pension.
                               = R  3510 x 2   = R 7020.00
                                                  Or
                              = 50% of last pay drawn which ever is less
                                 Will be enhanced family pension.

                              = R  11700.00 x 50    = R  585000
                                                                100                           100
                                               = R  5850.00 will be his enhanced family pension
                                                  For 10 years.







CALCULATION OF PENSION PAPERS
Ques 1B          Calculate pension, Gratuity, Commuted value of Pension and family
                         Pension on the following details:-

(e)         Date of Retirement                                     =      31 .07.2013
(f) Date of birth                                          =      16 .06.1965.
(d)     Date of Appt                                             =       23 .05.1989.
                              (e)     EOL without MC                                         =       04 days.
                              (f)      Last Band Pay = R  11410.00, Grade Pay = R  4200.00.
                              (g)    DA -57%.
                              (h)    Opted for commutation    = 40%.
                              (j)      Commutation factors:-
                                                                      46 Yrs = 8.971  , 47 Yrs = 8.943  , 48 Yrs= 8.913
                                                                      49 Yrs = 8,881  , 50 Yrs = 8.846  , 51 Yrs= 8.808.

 To find the age for calculation of Commutation Pension :-
Ø  Date of Retirement   =    2013  .07   .31
Ø  Date of birth              =    1965  .06   .16
Ø  Present Age                         48   .01  .15      

Ø  Age for calculation commuted value= Next year of Age i,e 49 Years.
Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Retirement               =  2013        .07         .31
o   Date of Appt                          =  1989.        05         .23
                                       Total Service           =      24        .02         .08
                        EOL period without MC        =                  00          04
                            Total service          =      24        02          04

         
 Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period
                        24          02               04 (24)               48 Years

Calculation for Pension = R  11410.00 + Grade Pay = R 4200.00 = R  15610.00
DA- 57% of Rs 15610.00  = R    9054.00

    Pension = 50% of last Pay drawn = R 15610 x 50           R  7,805.00
                                                                          100

    Commuted Pension         = 33%  = R  7,805.00 x 40%
                                                = R  3122.00( but as per rule fraction be ignore).                                          SAY = R  3122.00




Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                           = R  3122 x 12 x 8.881
                                           = R  3,32,717.78
                      Say              = R  3,32,718.00


 Residual Pension            = Basic Pension (-) Commuted Pension
                                          = R  7805.00 (-)R  3122.00.
                                          = R  4,683.00

Retirement Gratuity       = ¼(BP+GP +DA) x Half yearly Q/Service.
                                         = ¼ (R  11410+ R 4200+ R 9054) x 48
                                         = ¼ (R  11,83,872.00)
                                         =   R  1183872.00     = R  2,95,968.00
                                                           4
                SAY                  = R  2,95,968.00

Family Pension               :-

(E)              Normal   = 30% of last pay drawn or minimum to R  3500/-
                                           = R  15610 x 30        =       R   468300
                                                       100                                 100
                                           = R 4683.00

(F)             Enhanced Rate    = Double of Normal of family pension.
                                         = R  4683 x 2   = R 9366.00
                                                  Or
                                         = 50% of last pay drawn which ever is less
                                            Will be enhanced family pension.

                                        = R  15610.00 x 50    = R  780500
                                                                         100                              100
                                                          = R  7805.00 will be his enhanced family pension
                                                             For 10 years.










CALCULATION OF PENSION PAPERS
Ques -01C   Calculate pension, Gratuity, Commuted value of Pension and family
                      Pension on the following details:-

(a)     Date of Retirement               =      31.12.2013.
                              (b)    Date of birth                                    =       16 .06 .1965.
                              (c)    Date of Appt                                  =       23.05.1989.
                              (d)    EOL without MC                             =       04 days.
                              (e)     Last Band Pay = R  11880.00, Grade Pay = R  4200.00.
                                                                                                              = R 16080.00
                              (f)     DA -57%.
                              (g)   Opted for commutation    = 40 %.
                              (h)    Commutation factors:-
                                                                            46 Yrs = 8.971  , 47 Yrs = 8.943  , 48 Yrs= 8.913
                                                                            49 Yrs = 8.881  , 50 Yrs = 8.846  , 51 Yrs= 8.808.
                              To find the age for calculation of Commutation Pension :-
Ø  Date of Retirement   =    2013  .12   .31
Ø  Date of birth              =    1965  .06   .16
Ø  Present Age                         48   .06  .15

Ø  Age for calculation commuted value= Next year of Age i,e 49 Years.
            Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Retirement               =  2013        .12         .31
o   Date of Appt                          =  1989.        05         .23
                                       Total Service           =      24        .07         .18   
                        EOL period without MC        =      00        00          04
                            Total service          =      24        07          14

         
 Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period
                        24          07               14 (24 ½ Yrs)                 49 Years

            Calculation for Pension = R  11880.00, Grade Pay = R  4200.00.= R 16,080.00
             DA- 57% of R 16080.00     = R  9,166.00

             Pension = 50% of last Pay drawn = R 16,080 x 50 R  8,040.00
                                                                                     100

               Commuted Pension (40%) = R  8,040.00 x 40%
                                                = R  3,216.00( but as per rule fraction be ignore).                                          SAY = R  3,216.00

            Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                                       = R  3216 x 12 x 8.881.00
                                                       = R  3,42,735.55
                                  Say              = R  3,42,736.00

             Residual Pension            = Basic Pension (-) Commuted Pension
                                                      = R  8,040.00 (-)R  3,216.00.
                                                      = R  4,824.00

            Retirement Gratuity       = ¼(BP+GP +DA) x Half yearly Q/Service.
                                                     = ¼ (R  11,880 +R 4200+ R 9166) x 49
                                                     = ¼ (R  1237054.00)
                                                     =   R  1237054.00     = R  3,09,264.00
                                                                      4
             Family Pension           :-

a.     Normal   = 30% of last pay drawn or minimum to R  3500/-
                                          = R  16,080.00 x 30        =       R   482400.00
                                                          100                                      100
                                          = R 4,824.00

b.    Enhanced Rate     = Double of Normal of family pension.
                                         = R 4,824 x 2   = R 9648.00
                                                  Or
                                         = 50% of last pay drawn which ever is less
                                            Will be enhanced family pension.

                                         = R 16,080.00 x 50    =  R 804000
                                                                            100                             100
                                                           = R 8040.00 will be his enhanced family pension
                                                              For 10 years.












CALCULATION OF PENSION PAPERS

Ques -01D       Calculate pension, Gratuity, Commuted value of Pension and family
(V/R)                Pension on the following details:-

(a)     Date of Retirement               =      01.01.2012.
                              (b)    Date of birth                                    =       03 .04. 1961.
                              (c)    Date of Appt                                  =      22 .05. 1985.
                              (d)    EOL without MC                             =       02 days.
                              (e)     Last Band Pay = Rs  11910.00, Grade Pay = Rs  4200.00.
                                                                                                              = Rs 16110.00
                              (f)     DA -58%.
                              (g)   Opted for commutation    = 40 %.
                              (h)    Commutation factors:-
                                                                            46 Yrs = 8.971  , 47 Yrs = 8.943  , 48 Yrs= 8.913
                                                                            49 Yrs = 8.881  , 50 Yrs = 8.846  , 51 Yrs= 8.808.

To find the age for calculation of Commutation Pension :-
Ø  Date of Retirement   =    2012  .01   .01
Ø  Date of birth              =    1961  .04   .03
Ø  Present Age                         50   .08  .29

Ø  Age for calculation commuted value= Next year of Age i,e 51Years.

                  Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Retirement               =  2012        .01         .01
o   Date of Appt                          =  1985.        05         .22
                                       Total Service           =      26        .07        .10   
                        EOL period without MC        =      00        00          02
                            Total service          =      26        07          08
         
 Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period

                        26          07               08 (26 ½ Yrs)                 53 Years


             Calculation for Pension     = Rs  11910.00, Grade Pay = Rs  4200.00.= Rs 16,110.00
             DA- 58% of Rs 16110.00     = Rs 9,344.00

                Pension = 50% of last Pay drawn = Rs 16,110 x 50        Rs  8,055.00
                                                                                     100

               Commuted Pension (40%)  = Rs  8,055.00 x 40%
                                                   = Rs  3,222.00( but as per rule fraction be ignore).                                          SAY    = Rs  3,222.00

Contd…P/2
: 2 :
           
 Commutation Value                  = Commuted Pension x 12 x Next Age of birth.

                                                       = Rs  3222 x 12 x 8.808.00

                                                       = Rs  3,40,552.51

                                         Say       = Rs  3,40,553.00


 Residual Pension            = Basic Pension (-) Commuted Pension

                                          = Rs  8,055.00  (-)  Rs  3,222.00.

                                           = Rs  4,833.00

Retirement Gratuity       = ¼(BP+GP +DA) x Half yearly Q/Service.

                                         = ¼ (Rs  11,910 +Rs 4200+ Rs 9344) x 53

                                         = ¼ (Rs  1349062.00)

                                         =   Rs  1349062.00     = Rs  3,37,265.50
                                                         4
                                SAY  =   Rs  3,37,266.00

 Family Pension   :-

c.          Normal   = 30% of last pay drawn or minimum to R  3500/-

                                                = Rs  16,110.00 x 30        =       Rs   483300.00
                                                              100                                          100
                                                = Rs 4,833.00

d.    Enhanced Rate     = Double of Normal of family pension.
                                         = Rs  4,833 x 2   = Rs 9666.00

                                                                 Or

                                         = 50% of last pay drawn which ever is less
                                            Will be enhanced family pension.


                                         = Rs  16,110.00 x 50    = Rs  805500
                                                                            100                             100

                                                           = Rs  8055.00 will be his enhanced family pension
                                                              For 10 years.



CALCULATION OF PENSION PAPERS
Ques -01D         Calculate pension, Gratuity, Commuted value of Pension and family
(Death)             Pension on the following details:-

(b)     Date of Death                       =      31.12.2011.
                              (b)    Date of birth                                    =       27 .09. 1963.
                              (c)    Date of Appt                                  =      03 .10. 1986.
                              (d)    EOL without MC                             =       02 Months & 4 days.
                              (e)     Last Band Pay = R  10670.00, Grade Pay = R  2800.00.
                                                                                                              = R 13470.00
                              (f)     DA -58%. (R 7,813.00)
                              (g)   Opted for commutation    = 40 %.
                              (h)    Commutation factors:-
                                                                            46 Yrs = 8.971  , 47 Yrs = 8.943  , 48 Yrs= 8.913
                                                                            49 Yrs = 8.881  , 50 Yrs = 8.846  , 51 Yrs= 8.808.

To find the age for calculation of Commutation Pension :-
Ø  Date of Death           =    2011  .12   .31
Ø  Date of birth              =    1963  .09   .27
Ø  Present Age                         48   .03  .04

Ø  Age for calculation commuted value= Next year of Age i,e 49Years.
           
Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Death                        =  2011        12           31
o   Date of Appt                          =  1986        10          .03
                                       Total Service           =      25        .02         .28   
                        EOL period without MC        =      00        08          04
                            Total service          =      24        06          24

         
 Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period

                        24          06               24 (24 ½ Yrs)                 49 Years


            Calculation for Pension =R10670.00, Grade Pay =R2800.00.= R 13,470.00
          
            DA- 58% of R 13,470.00     = R  7,813.00

             Pension = 50% of last Pay drawn = R 13,470 x 50 R  6,735.00
                                                                                     100

               Commuted Pension (40%) = R  6,735.00 x 40%
                                                   = R 2,694.00(but as per rule fraction be ignore).                                          SAY    = R  2,694.00

            Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                                       = R  2694 x 12
                                                       = R  2694 x 12 x 8.881.00
                                                       = R  2,87,104.96
                                  Say              = R 2, 87,105.00

             Residual Pension            = Basic Pension (-) Commuted Pension
                                                      = R 6,735.00 (-)R 2,694.00.
                                                      = R  4,041.00

            Death    Gratuity            = ½(BP+GP +DA) x Half yearly Q/Service.
                                                     = ½ (R 10,670 +R 2800+ R 7813) x 49
                                                     = ½ (R  1042867.00)
                                                     =   R  1042867.00     = R 5,21,433.55
                                                                    2
                                            SAY  =   R  5,21,434.00

             Family Pension           :-

e.     Normal   = 30% of last pay drawn or minimum to R  3500/-
                                           = R  13,470.00 x 30        =       R   404100.00
                                                             100                                      100
                                           = R 4,041.00

f.      Enhanced Rate     = Double of Normal of family pension.
                                         = R 4,041.00 x 2   = R 8,082.00
                                                  Or
                                         = 50% of last pay drawn which ever is less
                                            Will be enhanced family pension.

                                         = R  13,470.00 x 50    = R  673500
                                                                            100                             100
                                                           = R  6,735.00 will be his enhanced family pension
                                                              For 10 years.







CALCULATION OF PENSION PAPERS
Ques -01D    Calculate pension, Gratuity, Commuted value of Pension and family
(V/R)            Pension on the following details:-

(c)     Date of Retirement               =      01.01.2012.
                              (b)    Date of birth                                    =       03 .04. 1961.
                              (c)    Date of Appt                                  =      22 .05. 1985.
                              (d)    EOL without MC                             =       02 days.
                              (e)     Last Band Pay = R  11910.00, Grade Pay = R  4200.00.
                                                                                                              = R 16110.00
                              (f)     DA -58%.
                              (g)   Opted for commutation    = 40 %.
                              (h)    Commutation factors:-
                                                                            46 Yrs = 8.971  , 47 Yrs = 8.943  , 48 Yrs= 8.913
                                                                            49 Yrs = 8.881  , 50 Yrs = 8.846  , 51 Yrs= 8.808.

To find the age for calculation of Commutation Pension :-
Ø  Date of Retirement   =    2012  .01   .01
Ø  Date of birth              =    1961  .04   .03
Ø  Present Age                         50   .08  .29

Ø  Age for calculation commuted value= Next year of Age i,e 51Years.
            Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Retirement               =  2012        .01         .01
o   Date of Appt                          =  1985.        05         .22
                                       Total Service           =      26        .07        .10   
                        EOL period without MC        =      00        00          02
                            Total service          =      26        07          08

         
 Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period
                        26          07               08 (26 ½ Yrs)                 53 Years

            Calculation for Pension = R  11910.00, Grade Pay = R  4200.00.= R 16,110.00
             DA- 58% of R 16110.00     = R  9,344.00

             Pension = 50% of last Pay drawn = R 16,110 x 50 R  8,055.00
                                                                                     100




               Commuted Pension (40%) = R  8,055.00 x 40%
                                                = R  3,222.00( but as per rule fraction be ignore).                                          SAY = R  3,222.00




            Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                                       = R  3222 x 12 x 8.808.00
                                                       = R  3,40,552.51
                                  Say              = R  3,40,553.00

             Residual Pension            = Basic Pension (-) Commuted Pension
                                                      = R  8,055.00 (-)R  3,222.00.
                                                      = R  4,833.00

            Retirement Gratuity       = ¼(BP+GP +DA) x Half yearly Q/Service.
                                                     = ¼ (R  11,910 +R 4200+ R 9344) x 53
                                                     = ¼ (R  1349062.00)
                                                     =   R  1349062.00     = R  3,37,265.50
                                                                      4
                                    SAY         =   R  3,37,266.00

             Family Pension           :-

g.     Normal   = 30% of last pay drawn or minimum to R  3500/-
                              = R  16,110.00 x 30        =       R   483300.00
                                             100                                      100
                              = R 4,833.00

h.    Enhanced Rate     = Double of Normal of family pension.
                                         = R  4,833 x 2   = R 9666.00
                                                  Or
                                         = 50% of last pay drawn which ever is less
                                            Will be enhanced family pension.

                                         = R  16,110.00 x 50    = R  805500
                                                                            100                             100
                                                           = R  8055.00 will be his enhanced family pension
                                                              For 10 years.







CALCULATION OF PENSION PAPERS

Q=1        Calculate the Pension an gratuity admissible on retirement to Shri Ashok Singh        an Account Officer from the following particulars ?


Ø    Date of birth                                     :  17.09.1949

Ø    Date of Appt as LDC                        :  04.04.1974 and confirmed in the  post:                                                                                        01.04.1977.

Ø    Suspension Period                             :  28.03.1989 to 10.09.1990

Ø    Promoted as Senior Account Officer : 07.03.1992.

Ø    Basic  Pay as  01.1.2007                   : Rs 21,540.00 + Grade Pay Rs 4,800.00
                                                with DNI : 01.07.2007.
Ø    On Deputation                                              : 01.10.2007 till superannuation retirement.
                Note :- He opted to draw pay in the scale of Deputation period and his pay was     fixed on                                              01.10.2007 @    Rs 24,660.00 + Grade pay : Rs 6,600.00 and DNI 01.07.2008
                              Spell of Leave :-                             
                              (a) EOL on Medical ground                           :  01.02.1995 to 31.03.1995.
                              (b) EOL for 1st daughter’s marriage            :  01.01.2006 to 31.01.2006.
                              (C)HPL preparatory to retirement               : 01.08.2009
                Shri Ashok Singh died on 03.12.2009 leaving behind the following members:-
(a)   Widow and died on 12.02.2010.
(b)  Daughter Priya born on 01.04.1986 an married on 20.10.2008
(c)   Daughter Sita born on 16.05.1991.
(d)  Son Ramesh born on 24.12.1922.
(e)                         (e)  Daughter Sarita born on 20.08.1999.
Ans      Date of Birth               : 17.09.1949.                         
            Date of Appt                : 04.04.1974                                                                                                       Date of retirement       : 30.09.2009(AN).
 Qualifying Service :-
Date of retirement                                                                                                   2009 .09 .30
                  Date of Appt                                                                                       1974 .04 .04
                                                                                                               35.  05 .26      Suspension Periods     = 28.03.1989 to 10.09.1990      :  01.05.14
      EOL Period                 = 01.01.2006 to 31.01.200        :  00.01.00
                                                                                                01.06.14    01.06.14
                              Net Qualifying Service I,e 34 years                                                                         33.11.13
Regulation of Pay :-
                                             Period                                 Grade Pay                          Deputation Period
                          01.01.2007 to 30.06.2007                Rs  21,540.00                             ----
                 01.07.2007 to 30.09.2007                 Rs   22,190.00                                -----
                         01.10.2007 to 30.06.2007                 Rs  22,190.00                      Rs   24,660.00
                         01.07.2008 to 30.06.2009                 Rs  22,860.00                      Rs  25,400.00
                         01.07.2009 to 30.09.2009                 R s 23,550.00                       Rs  26,170.00
Contd..2 
-: 2 :-

Average Emoluments : (Period 01.12.2008 to 30.09.2009)

               Period                                                Emoluments                     Months                                   Amount
               01.12.2008 to 30.06.2009      Rs 22,860.00                 07                 Rs 1,60,020.00
            01.07.2009 to 30.09.2009      Rs 23,550.00                 03                 Rs    70,650.00
                                                                                                   10                    Rs 2,30,670.00
            Average Emoluments = Rs   2,30,670.00 / 10            = Rs 23,067.00

Retirement Gratuity:-
               Emoluments :-                                 
               Basic Pay                                           :  Rs 23,550.00       Rs  29,909.00
            DA @ 27% of Pay                    :  Rs  6,359.00
            Retirement Gratuity admissible :   Rs  29,909.00 x 66 x ¼
                                                                :  Rs  4,93,498.50
                                                SAY          :  Rs  4,93,499.00
Pension :-
            Pension admissible  :  (a) 50% of Average emoluments.
                                                     Rs 23,067.00 x 50 / 100  =  Rs 11,533.50.
           
                                                 (b) 50% of Emoluments last drawn  Rs 23,550.00 x 50 / 100
                                                     Rs 11,775.00.
                                                     Which ever is more is beneficial.   = Rs  11,775.00
Family Pension   :-
            30% of pay drawn to minimum of Rs 3,500.00  = Rs 23,550 X 30/100  = Rs  7,065.00 P.M
                                                                                                   

               Note :-    In the event of the death of the pensioner immediately after retirement the family                     pension at the higher rate of R11,775.00 per month(restricted to pension (authorized)   will                               be payable from the date following the date of death of the  pensioner upto  16.09.2016 and                   thereafter at the normal rate of R 7,065.00 per  month. Dearness  Relief on family pension                             will be admissible in addition to family  pension.
              
               On the death of the retired Government servant on 03.12.2009, the family pension will be paid as under :-

Beneficiary                         From                                    TO                                                       Amount
Wife                                    04.12.2009                         12.02.2010                         Rs  11,775.00 Pm

Daughter (Sita)                  13.02.2010                         15.05.2016                         Rs  11,775.00 Pm

Son (Ramesh)                    16.05.2016                         16.09.2016                         Rs  11,775.00 Pm
                                             17.09.2016                         23.12.2017                         Rs    7,065.00 Pm
Daughter (Sarita)              24.12.2017                         19.08.2024                         Rs    7,065.00 Pm





CALCULATION OF PENSION PAPERS
Ques -01         Calculate pension, Gratuity, Commuted value of Pension and family
(V/R)                Pension on the following details:-

(d)     Date of Retirement               =       01.04.2012.
                              (b)    Date of birth                                    =       01 .08.1966.
                              (c)    Date of Appt                                  =      24 .11. 1987.
                              (d)    EOL without MC                             =       01 Months & 29 days.
                              (e)     Last Band Pay = Rs  17260.00, Grade Pay = Rs  4800.00.
                                                                                                              = Rs 22060.00
                              (f)     DA -65 %.
                              (g)   Opted for commutation    = 40 %.
                              (h)    Commutation factors:-
                                                                            46 Yrs = 8.971  , 47 Yrs = 8.943  , 48 Yrs= 8.913
                                                                            49 Yrs = 8.881  , 50 Yrs = 8.846  , 51 Yrs= 8.808.

To find the age for calculation of Commutation Pension :-
Ø  Date of Retirement   =    2012  .04   .01
Ø  Date of birth              =    1966  .08   .01
Ø  Present Age                         45  .08  . 00

Ø  Age for calculation commuted value= Next year of Age i,e 46Years.
            Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Retirement               =  2012        .04         .01
o   Date of Appt                          =  1987.       .11         .24
                                       Total Service           =      24        .04        .07 
                        EOL period without MC        =      00        01          29
                            Total service          =      24        02          08
         
 Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period
                        24          02               08 (24 Yrs)               48  Years

            Emoluments for Pensioin ( 01 Jun 2011 to 31 Mar 2012)

            From          To             Pay Band       Grade Pay     Basic Pay       Total Emoluments

            Jun  11 -  Jun 11        Rs 16610.00    Rs 4800.00     Rs 21410.00    Rs   21410.00(01)

            Jul    11-   Mar 12       Rs 17260.00     Rs 4800.00     Rs 22060.00    Rs 198540.00(09)
                                                                                                                        ________________
                                                                                                Total    =          Rs 2,19,950.00
                                                                                                                        ________________
            Rs 2,19,950.00 /10      = Rs 21,995.00
Contd..2 

-: 2 :-

            Calculation for Pension      = Rs  22060.00,

             DA- 65 % of  Rs 22060.00 + Rs  14,399.00 = Rs 36,399.00

 Pension = 50% of last Pay drawn = Rs 22060 x 50 Rs  11,030.00 Per Month.
                                                                                     100
 Commuted Pension (40%) = Rs  11030.00 x 40%
                                                = Rs  4,412.00( but as per rule fraction be ignore).                                                   SAY   = Rs  4,412.00
           
Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                                       = Rs  4412 x 12 x 8.971.00
                                                       = Rs  4,74,960.62
                                             Say   = Rs  4,74,961.00

 Residual Pension            = Basic Pension (-) Commuted Pension
                                          = Rs  11,030.00 (-)R  4,412.00.
                                           = Rs   6,618.00

Retirement Gratuity       = ¼(BP +DA) x Half yearly Q/Service.
                                         = ¼ (Rs  22,060.00+ Rs 14,399.00) x 48
                                         = ¼ (Rs  36,399.00)x 48
                                                            4
                                         =   Rs  17,47,152.00     = Rs  4,36,788.00
                                                          4
                                   
 Family Pension   :-

i.        Normal   = 30% of last pay drawn or minimum to Rs  3500/-
                              = Rs  22,060.00 x 30        =       Rs   6,61,800.00
                                              100                                         100
                              = Rs 6,618.00

j.       Enhanced Rate     = Double of Normal of family pension.
                                         = Rs  6,618 x 2   = Rs 13,236.00
                                                  Or
                                         = 50% of last pay drawn which ever is less
                                            Will be enhanced family pension.

                                         = Rs  22,060.00 x 50    = Rs  11,03,000
                                                                             100                                 100
                                                           = Rs  11,030.00 will be his enhanced family pension
                                                              For 10 years.



CALCULATION OF PENSION PAPERS
Ques -01D         Calculate pension, Gratuity, Commuted value of Pension and family
(Death)             Pension on the following details:-

(e)     Date of Death                       =      31.12.2011.
                              (b)    Date of birth                                    =       27 .09. 1963.
                              (c)    Date of Appt                                  =      03 .10. 1986.
                              (d)    EOL without MC                             =       02 Months & 4 days.
                              (e)     Last Band Pay = R  10670.00, Grade Pay = R  2800.00.
                                                                                                              = R 13470.00
                              (f)     DA -58%. (R 7,813.00)
                              (g)   Opted for commutation    = 40 %.
                              (h)    Commutation factors:-
                                                                            46 Yrs = 8.971  , 47 Yrs = 8.943  , 48 Yrs= 8.913
                                                                            49 Yrs = 8.881  , 50 Yrs = 8.846  , 51 Yrs= 8.808.

To find the age for calculation of Commutation Pension :-
Ø  Date of Death           =    2011  .12   .31
Ø  Date of birth              =    1963  .09   .27
Ø  Present Age                         48   .03  .04

Ø  Age for calculation commuted value= Next year of Age i,e 49Years.
           
Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Death                        =  2011        12           31
o   Date of Appt                          =  1986        10          .03
                                       Total Service           =      25        .02         .28   
                        EOL period without MC        =      00        08          04
                            Total service          =      24        06          24

         
 Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period

                        24          06               24 (24 ½ Yrs)                 49 Years


            Calculation for Pension =R10670.00, Grade Pay =R2800.00.= R 13,470.00
          
            DA- 58% of R 13,470.00     = R  7,813.00

             Pension = 50% of last Pay drawn = R 13,470 x 50 R  6,735.00
                                                                                     100                                            
      Contd..2 

-: 2 :-


               Commuted Pension (40%) = R  6,735.00 x 40%
                                                   = R 2,694.00(but as per rule fraction be ignore).                                          SAY    = R  2,694.00

            Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                                       = R  2694 x 12
                                                       = R  2694 x 12 x 8.881.00
                                                       = R  2,87,104.96
                                  Say              = R 2, 87,105.00

             Residual Pension            = Basic Pension (-) Commuted Pension
                                                      = R 6,735.00 (-)R 2,694.00.
                                                      = R  4,041.00

            Death    Gratuity            = ½(BP+GP +DA) x Half yearly Q/Service.
                                                     = ½ (R 10,670 +R 2800+ R 7813) x 49
                                                     = ½ (R  1042867.00)
                                                     =   R  1042867.00     = R 5,21,433.55
                                                                    2
                                            SAY  =   R  5,21,434.00

             Family Pension           :-

k.     Normal   = 30% of last pay drawn or minimum to R  3500/-
                                           = R  13,470.00 x 30        =       R   404100.00
                                                             100                                      100
                                           = R 4,041.00

l.       Enhanced Rate     = Double of Normal of family pension.
                                         = R 4,041.00 x 2   = R 8,082.00
                                                  Or
                                         = 50% of last pay drawn which ever is less
                                            Will be enhanced family pension.

                                         = R  13,470.00 x 50    = R  673500
                                                                            100                             100
                                                           = R  6,735.00 will be his enhanced family pension
                                                              For 10 years.







CALCULATION OF PENSION PAPERS
Ques -01         Calculate pension, Gratuity, Commuted value of Pension and family
(S/R)                 Pension on the following details:-

(f)        Date of Retirement               =       31.08.2012.
                              (b)    Date of birth                                    =       29 .08.1952.
                              (c)    Date of Appt                                  =      07 .09. 1971.
                              (d)    EOL without MC                             =       Nil .
                              (e)     Last Band Pay = Rs  18,570.00, Grade Pay = Rs  4800.00.
                                                                                                              = Rs 23,370.00
                              (f)     DA -65 %. On Rs 23,370.00 = Rs 15,191.00
                              (g)   Opted for commutation    = 40 %.
                              (h)    Commutation factors:-
                                                                            56 Yrs = 8.572  , 57 Yrs = 8.512  , 58 Yrs= 8.446
                                                                            59 Yrs = 8.371  , 60 Yrs = 8.287  , 61 Yrs= 8.194.
To find the age for calculation of Commutation Pension :-
Ø  Date of Retirement   =    2012  .08   .31
Ø  Date of birth              =    1952  .08   .29
Ø  Present Age                         60.  00  . 02

Ø  Age for calculation commuted value= Next year of Age i,e 61 Years.
            Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Retirement               =  2012        .08         .31
o   Date of Appt                          =  1971.       .09         .07
                                       Total Service           =      40        .11        .24 
                        EOL period without MC        =      00        00          00
                            Total service          =      40        11          24
         
 Calculation of a fraction of year :-

Yrs    Month    Days         Six monthly period
            40      11          24    40.5    (But Maximum Gty can be paid  for 33 Years only)

Emoluments for Pensioin ( Nov 2011- Aug 2012 )

            From          To             Pay Band        Grade Pay     Basic Pay       Total Emoluments

            Nov  11 -  Jun 12       Rs 17890.00    Rs 4800.00     Rs 22690.00    Rs   1,81,520.00  (08)

            Jul    12-   Aug 12       Rs 18570.00    Rs 4800.00     Rs 23370.00    Rs      46,740.00   (02)
                                                                                                                        ________________
                                                                                                Total    =          Rs   2,28,260.00
                                                                                                                        ________________
            Rs 2,28,260.00 /10      = Rs 22,826.00                                                                                    


 Contd..2 

-: 2 :-

Calculation for Pension      = Rs  23370.00
      DA- 58 % of  Rs 23370.00 + Rs  13,555.00  = Rs 36,925.00

 Pension = 50% of last Pay drawn = Rs 23370 x 50 Rs  11,685.00 Per Month.
                                                                         100

Commuted Pension (40%) = Rs  11685.00 x 40%
                                    = Rs  4,674.00( but as per rule fraction be ignore).                                                 SAY   = Rs  4,674.00
           
Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                           = Rs  4,674.00 x 12 x 8.194
                                           = Rs  4,59,585.07
                                 Say   = Rs  4,59,585.00

 Residual Pension            = Basic Pension (-) Commuted Pension
                                          = Rs  11685.00 (-)R  4,674.00.
                                           = Rs   7,011.00

Retirement Gratuity       = ¼(BP +DA) x Half yearly Q/Service.
                                         = ¼ (Rs  23,370.00+ Rs 13,555.00) x 66
                                         = ¼ (Rs  36,925)x 66
                                                            4
                                         =   Rs  24,37,050     = Rs  6,09,263.00
                                                          4
                                   
 Family Pension   :-

m.   Normal   = 30% of last pay drawn or minimum to Rs  3500/-
                                          = Rs  23,370.00 x 30        =       Rs   7,01,100.00
                                              100                                      100
                                          = Rs 7,011.00

n.    Enhanced Rate     = Double of Normal of family pension.
                                         = Rs  7,011 x 2   = Rs 14,022.00
                                                  Or
                                         = 50% of last pay drawn which ever is less
                                            Will be enhanced family pension.

                                         = Rs  23,370.00 x 50    = Rs  11,68,500.00
                                                                             100                                    100
                                                           = Rs  11,685.00 will be his enhanced family pension
                                                              For 10 years.



CALCULATION OF PENSION PAPERS
Ques -01      Calculate pension, Gratuity, Commuted value of Pension and family
                      Pension on the following details:-

(g)         Date of Retirement                                   =      19.07.2011.
(h)         Date of birth                                               =      13.12.1955.
(i) Previous Service Accounted for =       01years 02 months &
    Pension towards Present Service                     10 days.
                              (d)    Date of Appt                                             =       23.03.1982.
                              (e)    EOL without MC                                        =       67 days.
                              (f)     Last Band Pay = Rs 9300.00, Grade Pay = Rs 2400.00.
                              (g)    DA -51%.
                              (h)    Opted for commutation    = 33%.
                              (j)      Commutation factors:-
                                                                            56 Yrs = 8.572  , 57 Yrs = 8.152  , 58 Yrs= 8.446
                                                                            59 Yrs = 8.371  , 60 Yrs = 8.257  , 61 Yrs= 8.194.

 To find the age for calculation of Commutation Pension :-
Ø  Date of Retirement   =    2011  .07   .19
Ø  Date of birth              =    1955  .12   .13
Ø  Present Age                         55   .07  .06      

Ø  Age for calculation commuted value= Next year of Age i,e 56 Years.

Now to Calculate the individuals Qualifying Service:-
                                                                            Year     Months   Days
o   Date of Retirement               =  2011        .07         .19
o   Date of Appt                          =  1982.        03         .23
                                       Total Service           =      29        .03         .26
o   Counting of his previous     =       01.         02        .10
                        Service.

                                       Total Service          =       30.         06         .06
            EOL period without MC        =      00          02          07

                            Total service          =      30          03          29

           Calculation of a fraction of year :-

            Yrs      Month          Days                     Six monthly period

                        30          03               29 (30½ Yrs)                   61 Years

Calculation for Pension = Rs 9300.00 + Grade Pay = Rs 2400.00 = Rs 11700.00
DA- 51% of Rs 11700.00 = Rs 5,967.00
    Pension = 50% of last Pay drawn = Rs11,700 x 50         Rs 5,850.00
                                                                         100
Commuted Pension = 33%  = Rs 5,850.00 x 33%
                                    = Rs 1930.50( but as per rule fraction be ignore).                                         SAY = Rs 1930.00

Commutation Value       = Commuted Pension x 12 x Next Age of birth.
                                           = Rs1930 x 12 x 8.572
                                           = Rs 1,98,527.52
                      Say              = Rs 1,98,528.00

 Residual Pension            = Basic Pension (-) Commuted Pension
                                          = Rs 5850.00 (-)Rs 1930.00.
                                          = Rs 3,920.00

Retirement Gratuity       = ¼(BP+GP +DA) x Half yearly Q/Service.
                                         = ¼ (Rs  9300+ Rs 2400+ Rs 5967) x 61
                                         = ¼ (Rs  10,77,687.00)
                                         =   R  1077687.00     = R  2,69,421.75
                                                     4
                SAY                  = Rs 2,69,422.00

Family Pension            :-

(G)                    Normal   = 30% of last pay drawn or minimum to R  3500/-
                              = Rs 11700.00 x 30        =       Rs 351000
                                           100                                     100
                              = Rs 3510.00

(H)          Enhanced Rate     = Double of Normal of family pension.
                               = Rs 3510 x 2   = Rs 7020.00
                                                  Or
                              = 50% of last pay drawn which ever is less
                                 Will be enhanced family pension.

                              = Rs 11700.00 x 50    = Rs 585000
                                                                100                           100
                                               = Rs 5850.00 will be his enhanced family pension
                                                  For 10 years.



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