Sample Sheet on Pension Calculation - (TN)

(  G.O. 788 Fin 13.05.1986, 134179 / 91-1 Fin 27.12.1991, 140549/92-4 Fin 02.07.1993 )

(814 Fin 30.09.1994)

1

Name

A B C

2

Designation of post from which retired

X Y Z

3

Department/Office last served

P Q R

4

Date of Birth

20.09.1942

5

Date of Commencement of service

10.04.1965

Date of Superannuation/ retirements

30.09.2000

6

Rules under which pensionary benefits

T.N. Pension Rules

were settled

7

Qualifying Service (See para 3.9 Part III)

30.09.2000

--

10.04.1965

D   M  Y

20.05.35

1. Addition to Qualifying Service

Nil

2. Period of Service not Qualifying for pension

With reasons not Qualifying

Nil

20.05.35

8

Emoluments drawn during the last 10

Scale of pay Rs.4500--125--7000

months and Scale of pay preceding

01.07.1999   Rs.5875+SplPay50+PP50

retirement/superannuation(Pay, Special

01.07.2000   Rs.6000+   "       50+  "  50

pay, D.P. Allowance, Personal pay, D .Pay,

Interim relief)

9

Computation of Average emoluments on

5975 X7     =  41825

which pension is fixed

6100 X3     =  18300

60125

Average Emoluments  Rs.6012.50

Pay Last drawn            Rs.6100

Pay last drawn being advantageous it has to be adopted             Rs.6100

10 i)

Total amount of Pension

6100 X 50 / 100  =       Rs.3050

ii)

Family Pension Admissible

a)

Ordinary rate of Family Pension: Pay last drawn X 30% subject to Min.1275 Max 6570

6100 X 30%       =        Rs.1830

b)

Enhanced rate of Family Pension 50% of pay last drawn and not exceeding pension admissible on date of retirement Min.1275 Max.6570

Nil

11

Details of Commutation of Pension

i)

Percentage amount of monthly pension commuted           40%

ii)

Amount of Commuted value of pension(Age Next birthday 59 years 10.46 Yrs purchase)

{3050 X 40 / 100} X 10.46 X 12 = Rs.1,53,135

12

Computation of D.C.R.Gratuity

Actual Service 35 years

(Emoluments=PAY+D.A)

5 months restricted to

33 years for Gratuity Pay 6100,

D.A.@41%(as on 1.7.2000) 2501=8601 8601 X 16 1/2 =  Rs.1,41,917

13

Amount of D.C.R.Gratuity

Rs.1,41,917

14

Remarks

Source - tn.gov.in.