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Notional Pay Pension Calculator based on New Option

May 16, 2017 By govtstaffnews.in 7 Comments

Notional Pay Pension Calculator based on New Option

The Pension Calculator provided below is used to determine the Notional Pay and Basic Pension. The DoPPW has issued Order for revising Pension with new Formulation proposed by the Committee headed by Secretary, Department of Pension Pensioners’ Welfare, which was appointed to examine the feasibility of 1st Option recommended by 7th CPC. The Committee also opined that the 1st Option is not feasible to implement. Hence it has proposed an alternate method of calculation of Pension based on arriving Notional Pay in 7th Pay Commission. So that discrepancy if any in Pension Fixation may be avoided.

This will be done by notional pay fixation under each intervening Pay Commission based on the Formula for revision of pay. White fixing pay on notional basis, the pay fixation formulae approved by the Government and other relevant instructions on the subject in force at the relevant time shall be strictly followed.

The calculator provided below will help you to find the Notional pay and Basic Pension on Notional based on your Inputs in the relevant field. The amount of Pension arrived from Two formulations will be shown in the result page.

The Basic Pension based on Notional Pay is New Option I

The Option II [Fixed by multiplying with 2.57] is already implemented and paid with effect from 1.1.2016.

It has also been decided that higher of the two Formulations, shall be granted to pre-2016 central civil pensioners as revised pension w.e.f. 01.01.2016.

Pension Calculator
Basic Pension as on 01.01.2016
Date of Retirement
Basic Pay on Retirement
Select the Pay Scale
Select the Pay Scale
Select the Pay Scale


Click here to View Other Calculators


Also Check: Pension Ready Reckoner for all Pay Scales


Also Check: HRA Ready Reckoner for all Levels


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Filed Under: Pension Tagged With: 7th cpc pension, Calculator

Comments

  1. p s bose says

    May 17, 2017 at 7:08 pm

    First item of the calculator should be Pension as on 1.1.2006 Not 2016. Also pension should be rounded off to next rupee NOT nearest rupee.

    Reply
    • govtstaffnews.in says

      May 21, 2017 at 4:38 am

      We appreciate you for bringing this issue to our attention. It is corrected now

      Reply
  2. KR Dasharathi says

    May 22, 2017 at 9:31 am

    Dear Sir
    In the above calculator everything is fine except you have not taken into consideration the revised 7th CPC Pay matrix for 12,13,& 13 A which have been revised to a multiplication factor of 2.67 instead of 2.57 in such cases the pension output is shown lesser that what should it be

    Reply
  3. Narayanarao J says

    May 30, 2017 at 2:52 pm

    Hope merger of 50%DA(1/4/2004) is considered for 5th CPC calculation.

    Reply
  4. Satyanarayana says

    July 2, 2017 at 8:21 am

    The revised pension calculator based on modified parity i.e., on notional pay is not working or not activated. Please do the needful.Thanks.

    Reply
  5. HEMANT says

    July 3, 2017 at 11:20 am

    HELLO SIR,
    MY FATHER”S PPO NO. WAS 5/01/9154/95. HE WAS RETIRED ON 01/10/1995 & DIED IN 2011.MY MOTHER RECEIVE THE FAMILY PENSION OF RS.12500.THE LAST PENSION DRAWN IS 1250 AT THE TIME OF RETIREMENT.I WANT TO KNOW OUR LATEST FAMILY PENSION.

    Reply
  6. Dave says

    July 12, 2017 at 2:45 pm

    I don’t understand your term “Basic”. What is “Basic pension on 1.1.2016”? Is it the Full Pension [before commutation] or the Revised Pension [after commutation]? And what is “Basic Pay on retirement”? Does it include Grade Pay or does it not? Will you please clarify?
    And what kind of Google reCaptcha have you loaded here? Is there any end to it?

    Reply

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