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Monday, 29 October 2012

BASIS OF CALCULATION OF ENHANCED PENSION WITH 2 MORE YEARS OF WEIGHTAGE

THE MUCH AWAITED ENHANCED PENSION INSTEAD OF OROP IS LIKELY TO BE  CALCULATED ON THE BASIS OF NOTIONAL PAY AS APPLICABLE TO VARIOUS RANKS IN GROUPS ACROSS THE THREE SERVICES.IT MEANS THE ACTUAL SERVIVE  ADDED BY WEIGHTAGE GIVEN TO VARIOUS RANKS INCLUDING THE TWO YEARS GIVEN NOW SHOULD BE APPLIED TO  50% OF THE NOTIONAL PAY(OROP) APPLICABLE TO RANKS IN GROUPS OF THE SERVICES.THUS IT SHOULD BE CLEAR THAT OROP IS 50 % OF THE NOTIONAL PAY AS APPLICABLE TO VARRIOUS RANKS IN GRUOPS ACROSS THE THREE SERVICES GIVEN IN CIRCULAR 471 ANNEXTURE-A. IT IS CALCULATED  AS SHOWN BELOW.


*NP  X  WEIGHTAGE( AS SHOWN BELOW)
                  33

LATEST WEIGHTAGE FOR RANKS( EQUVALANT RANKS OF ARMY, NAVY, AIRFORCE)

SEPOY           = 12 YEARS + ACTUAL SERVICE

NAIK             = 10 YEARS + ACTUAL SERVICE
HAVILDAR   = 08 YERAS + ACTUAL SERVICE

* (NP)THE NOTIONAL PAY IS GIVEN IN PCDA CIRCULAR NO. 471 ANNEXURE - A


                   
CLICK THE FOLLOWING LINK TO VIEW THE ANNEXURE-A IN CIRCULAR 471  


http://www.pcdapension.nic.in/6cpc/Circular-471.pdf


HENCE IT IS VERY CLEAR THAT THE INTENTION OF THE GOVERNMENT IS TO
 EQUATE PENSION ACROSS  THE  RANKS IN GROUPS OF THREE SERVICES INSTEAD OF OROP. THIS IS A WELCOME STEP BUT THIS SHOULD HAVE BEEN IMPLEMENTED AFTER GRANTING OROP. IN OTHER WORDS OROP MEANS 50% OF THE NOTIONAL PAY, WHICH IS A GENUINE DEMAND OF VETERANS .OROP IS IN  BETWEEN THE 50% OF THE MINIMUM & MAXIMUM OF THE NOTIONAL PAY AS PER LENGTH OF SERVICE.  HENCE WE ARE STILL FAR AWAY FORM OROP.

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LET US CARRY THE STRUGGLE FORWARD TILL WE ATTAIN SUCCESS

                                           JAI BHARATH MATHA KI 




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