Sir,
Like the "Quick Arrears Calculation Table for Officers", is there one such Table for men. If there is one, kindly send me as it is required for my Bankers,Syndicate Bank IAF Campus, Hebbal,Bangalore - 560006. They are very thankful to you as they have done for all Officers.
Thanking you in anticipation & with warm regards & respect,
Like the "Quick Arrears Calculation Table for Officers", is there one such Table for men. If there is one, kindly send me as it is required for my Bankers,Syndicate Bank IAF Campus, Hebbal,Bangalore - 560006. They are very thankful to you as they have done for all Officers.
Thanking you in anticipation & with warm regards & respect,
Swaminathan
Col
Col
Dear Col Swaminathan Sir,
It is an honour for me to send the tables of Pension arrears from Jan 2006 to 23 Sep 2012 of JCOs and OR to Syndicate Bank, IAF campus Hebbal, Bengaluru.
Sir, please understand this simple fact. JCOs and OR were given pension hike thrice.
First time it is in Jan 2006 as per Min of Def letter No 17(4)/2008/ D(Pen/Policy) dated 11 Nov 2008 quoted in PCDA (Pensions) Circular No 397.
For a Sepoy of Group Y with 15 years’ service it is Rs 3,748 pm without Dearness Relief.
Second time it was enhanced w.e.f Jul 2009 vide Circular No 430. For Sepoy mentioned above the pension is Rs 4,603 pm without DR
Third time it was enhanced w.e.f. 24 Sep 2012. The pension of Sep (Y gp and 15 yrs service) is Rs 5102
So how much is his pension arrears?
Very simple:
Arrears for the period : Jan 2006 to 30 Jun 2009
(a) Jan 2006 to Jun 2006 : Rs (5102-3748) x 6 months + DR (0%) = Rs 8124
(b) Jul to Dec 2006 with DR @ 2% = (5102 - 3748) x 1.02 x 6 = 8286.48
(c) For the year 2006 = 8124+8286.5= 1641.05
Like this you calculate till 30 Jun 2006. This comes to Rs 62, 311.
Arrear for the Period from Jul 2009 to 23 Sep 2012
(a) For the period Jul to Dec 2009 = (5102-4603) x 6 x 1.27 (DR is 27%) = 3802.38
Do this in this manner from Jan 2010 to 23 Sep 2012 the arrears for this period of Jul 2009 to 23 Sep 2012 comes to Rs 28,755
Total arrears for Sep of Ygp of 15 years comes to Rs 91,066.
I have explained this to you so that you can further expalain to Bank manger.
If he has any doubts kindly speak to me from his office and I shall clarify to the best of my ability.
Here are 26 tables.
Pl ask them to check my calculations as there could some minor arithmetic mistakes.
regards,
Brig CS Vidyasagar (Rtd)
9493191380
It is an honour for me to send the tables of Pension arrears from Jan 2006 to 23 Sep 2012 of JCOs and OR to Syndicate Bank, IAF campus Hebbal, Bengaluru.
Sir, please understand this simple fact. JCOs and OR were given pension hike thrice.
First time it is in Jan 2006 as per Min of Def letter No 17(4)/2008/ D(Pen/Policy) dated 11 Nov 2008 quoted in PCDA (Pensions) Circular No 397.
For a Sepoy of Group Y with 15 years’ service it is Rs 3,748 pm without Dearness Relief.
Second time it was enhanced w.e.f Jul 2009 vide Circular No 430. For Sepoy mentioned above the pension is Rs 4,603 pm without DR
Third time it was enhanced w.e.f. 24 Sep 2012. The pension of Sep (Y gp and 15 yrs service) is Rs 5102
So how much is his pension arrears?
Very simple:
Arrears for the period : Jan 2006 to 30 Jun 2009
(a) Jan 2006 to Jun 2006 : Rs (5102-3748) x 6 months + DR (0%) = Rs 8124
(b) Jul to Dec 2006 with DR @ 2% = (5102 - 3748) x 1.02 x 6 = 8286.48
(c) For the year 2006 = 8124+8286.5= 1641.05
Like this you calculate till 30 Jun 2006. This comes to Rs 62, 311.
Arrear for the Period from Jul 2009 to 23 Sep 2012
(a) For the period Jul to Dec 2009 = (5102-4603) x 6 x 1.27 (DR is 27%) = 3802.38
Do this in this manner from Jan 2010 to 23 Sep 2012 the arrears for this period of Jul 2009 to 23 Sep 2012 comes to Rs 28,755
Total arrears for Sep of Ygp of 15 years comes to Rs 91,066.
I have explained this to you so that you can further expalain to Bank manger.
If he has any doubts kindly speak to me from his office and I shall clarify to the best of my ability.
Here are 26 tables.
Pl ask them to check my calculations as there could some minor arithmetic mistakes.
regards,
Brig CS Vidyasagar (Rtd)
9493191380
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