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Past service pension = pension amt as per table A * Factor as per table B

Table A
Years of past service Salary upto Salary more
Rs.2500 pm than Rs.2500 p.m

Upto 11 years 80 85

More than 11 years but upto 15 years 95 105

More than 15 years but less than 20 years 120 135

Beyond 20 years 150 170

Factors for computation of past service - TABLE B

Period between 16-11-95 to attaining age of 58 years

Less than 1 year 1.049


Less than 2 year 1.154
Less than 3 year 1.269
Less than 4 year 1.396
Less than 5 year 1.536
Less than 6 year 1.689
Less than 7 year 1.858
Less than 8 year 2.044
Less than 9 year 2.248
Less than 10 year 2.473
Less than 11 year 2.720
Less than 12 year 2.992
Less than 13 year 3.290
Less than 14 year 3.621
Less than 15 year 3.983
Less than 16 year 4.381
Less than 17 year 4.819
Less than 18 year 5.301
Less than 19 year 5.801
Less than 20 year 6.414
Less than 21 year 7.056
Less than 22 year 7.761
Less than 23 year 8.537
Less than 24 year 9.390
Data sheet

Date of birth 26-Dec-1973

Date of joining of Family pension scheme 10-May-1998

Date of retirement 10-Jun-2045

12 months avg Basic + DA 12,000

Age at when you want to get the pension 58

Do you want to commute pension yes

Do you want to opt for return of capital , if yes, say option no "1" or "2" or
"3", else "no" 2

Results

Govt. Pension amount at the age of 58 to the member 2,618.57

Govt. Pension amount to the widow 1,163.81

Commuted value - Receivable soon after applying for pension 145,476

Return of capital - Receivable after death of the member -

Return of capital - Receivable after death of the widow 261,857

Return of capital - if option 3 selected - Receivable after 20 years -

Computations

Date of commencement of Family pension scheme 1995 16-Nov-1995

Date of Joining Family pension scheme 1995 10-May-1998

Pensionable salary 6,500

Pensionable service 47.00

Past service -

Pension under FPS 1995 4,364.29

Pension under FPS 1971 -

Normal pension amount at the age of 58 4,364.29


Pension amount at the age specified 4,364.29

Commuted pension 2,909.52

Option 1 - pension 2,618.57

Option 2 - pension - to member 2,618.57


Option 2 - pension - to widow 1,163.81

Option 3 - pension 2,545.83


per month

Last 12 months avg basic+DA or Rs.6500 whichever is lower

Service rendered from 16th Nov 1995 and date of retirement

Service rendered from joining the pension scheme to 15th Nov 1995

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