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Thursday, July 6, 2017

Concordance tables issued for pre-2016 pensioners of all grades as per the new pension fixation formula

Recently, orders were issued for revision of pension based on the ‘notional fixation’ formula which was different than the 2.57 multiple dispensation. The said orders were discussed here on this blog on 12 May 2017 wherein it was informed that the revision shall be undertaken by notionally fixing the pay in the pay matrix recommended by the 7th CPC in the level corresponding to the pay in the pay scale/pay band and grade pay at which such pensioners had retired (for pension) or died (for family pension). This was to be undertaken by notional pay fixation under each intervening Pay Commission based on the Formula for revision of pay.

The above formula was quite confusing for those who do not have deep knowledge about pay scales of the past Pay Commissions.

The Government has hence issued concordance tables for each rank/grade/scale today to make things easier for pensioners. The same can be downloaded and accessed by clicking here.

Similar tables for defence pensioners shall be issued by the Ministry of Defence separately. The formula which results in the higher payout of pension shall be applicable. 

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