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SCPC RECOMMENDATION ON PENSION

 

5.1.47 The Commission notes that modified parity has already been conceded between pre and post 1/1/1996 pensioners. Further, full neutralization of price rise on or after 1/1/1996 has also been extended to all the pensioners. Accordingly, no further changes in the extant rules are necessary. However, in order to maintain the existing modified parity between present and future retirees, it will be necessary to allow the same fitment benefit as is being recommended for the existing Government employees.

The Commission, accordingly, recommends that all past pensioners should be allowed fitment benefit equal to 40% of the pension excluding the effect of merger of 50% dearness allowance/dearness relief as pension (in respect of pensioners retiring on or after 1/4/2004) and dearness pension (for other pensioners) respectively. The increase will be allowed by subsuming the effect of conversion of 50% of dearness relief/ dearness allowance as dearness pension/dearness pay. Consequently, dearness relief at the rate of 74% on pension (excluding the effect of merger) has been taken for the purposes of computing revised pension as on 1/1/2006. This is consistent with the fitment benefit being allowed in case of the existing employees.

A table (Annex 5.1.1) showing fixation of the pension of the existing pensioners in the revised dispensation consequent to implementation of the recommendations of this Commission has been prepared and should be used for fixing the revised pension of the existing pensioners.

The fixation as per this table will be subject to the provision that the revised pension, in no case, shall be lower than fifty percent of the sum of the minimum of the pay in the pay band and the grade pay thereon corresponding to the pre-revised pay scale from which the pensioner had retired. To this extent, a change would need to be allowed from the fitment shown in the fitment table.

REVISED PENSION

 

Pre-revised Pension+DP* on 1.1.06

Revised Pension

As per Annex.

5.1.1

 

Pre-revised Pension+DP* on 1.1.06

Revised Pension

As per Annex.

5.1.1

Pre-revised Pension+DP* on 1.1.06

Revised Pension

As per Annex.

5.1.1

Pre-revised Pension+DP* on 1.1.06

Revised Pension

As per Annex.

5.1.1

1913

3330

4500

6420

7100

10129

11000

15693

2000

3330

4600

6563

7200

10272

11500

16407

2100

3330

4700

6705

7300

10415

12000

17120

2200

3330

4800

6848

7400

10557

12500

17833

2300

3330

4900

6991

7500

10700

13000

18547

2400

3424

5000

7133

7600

10843

13500

19260

2500

3567

5100

7276

7700

10985

14000

19973

2600

3709

5200

7419

7800

11128

14500

20687

2700

3852

5300

7561

7900

11271

15000

21400

2800

3995

5400

7704

8000

11413

15500

22113

2900

4137

5500

7847

8100

11556

16000

22827

3000

4280

5600

7989

8200

11699

16500

23540

3100

4423

5700

8132

8300

11841

17000

24253

3200

4565

 

5800

8275

8400

11984

17500

24967

3300

4708

 

5900

8417

8500

12127

18000

25680

3400

4851

 

6000

8560

8600

12269

18500

26393

3500

4993

 

6100

8703

8900

12697

19000

27107

3600

5136

 

6200

8845

9100

12983

22500

32100

3700

5279

 

6300

8988

9200

13125

Revised DA**

on Revised Pension

3800

5421

 

6400

9131

9300

13268

3900

5564

 

6500

9273

9500

13553

From

DA

4000

5707

 

6600

9416

9600

13696

1.1.06

Nil

4100

5849

 

6700

9559

9700

13839

1.7.06

2%

4200

5992

 

6800

9701

9800

13981

1.1.07

6%

4300

6135

 

6900

9844

9900

14124

1.7.07

9%

4400

6277

 

7000

9987

10000

14267

1.1.08

12%

* DP (Dearness Pension in case of pre 1.4.2004 pensioners. For post 31.3.2004 pensioners, the element of DP is included in pension )

** Revised DA is based on  % age rise of Price index above 536 ( in Dec.2005)

(Extracts from Annexure 5.1.1 of Sixth Pay Commission Report Pages 87 to 254)

 

(CLICK HERE TO ACCESS COMPLETE FITMENT TABLE)

 

 

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