pension

The VII CPC Matrix And Manner Of Rounding Off Increments

While trying to work out the basis of fixation of pay in the matrix, the following conjectures could be made in relation to level 12-A relating to Wg Cdr/Lt Col/Cdr ranks:

  • The starting pay of 116700/- at index no.1, based on EP (Entry Pay) of 45400/-, was worked out on the basis of 2.57 x(VI CPC Basic In PB4+GP) and rounded off to the nearest multiple (not the nearest higher multiple) multiple of 100. If the same principle is followed for all pay-stages of PB-4, the figures obtained are higher than those given in level 12-A.
  • The same holds if the increments at 3% are rounded off to the next higher multiple of 10 as was the case at the time of VI CPC.
  • Even if no rounding off is done of increments, the amounts obtained are higher than those in level 12-A.
  • It seems the increments actually used in the level have been rounded off to the nearest multiple of 100, but, surprisingly, any increment amount ending in 50 has been rounded off to the lower multiple of 100 and not the higher multiple. This by itself causes the amounts shown in the matrix level to be lower than if the higher multiple of 100 for increments ending in 50 had been used.

These are just preliminary impressions and could be totally incorrect. A table based on some of these issues is attached as follows. These figures are purely speculative at present. Feedback on any errors observed would be most welcome.

Transitioning From PB4
Of VI CPC To Level 12A Of VII CPC Matrix With Different Ways Of Rounding Of
Increments

QS

Index No.

VI CPC PB4 Basic

GP

3 per cent increment for PB 4

PB 4 Increment rounded to next multiple
of 10

Total of VI CPC PB 4 Basic And GP

VII CPC Level 12A pay  based on 2.57x (VI CPC
Basic+GP)[column to left] rounded off to nearest multiple of 100

VII CPC Matrix level 12A
Pay arrived at 2.57x(initial Basic+GP) and then based on non-rounded
increments on EP at 3%

Non rounded Increments calculated at 3%
starting with EP of 45400 for level 12A

Matrix Increment with rounding off to
next higher multiple of 10

Matrix level 12A pay if
increments rounded off to next higher multiple of 10.

Actual Figures For Level
12A

In VII CPC Matrix

13

1

37400

8000

1362

1370

45400

116700*

116700*

3501

3510

116700*

116700*

14

2

38770

8000

1403.1

1410

46770

120200

120201

3606.03

3610

120210

120200

15

3

40180

8000

1445.4

1450

48180

123800

123807.03

3714.2109

3720

123820

123800

16

4

41630

8000

1488.9

1490

49630

127500

127521.2409

3825.637227

3830

127540

127500

17

5

43120

8000

1533.6

1540

51120

131400

131346.8781

3940.406344

3950

131370

131300

18

6

44660

8000

1579.8

1580

52660

135300

135287.2845

4058.618534

4060

135320

135200

19

7

46240

8000

1627.2

1630

54240

139400

139345.903

4180.37709

4190

139380

139300

20

8

47870

8000

1676.1

1680

55870

143600

143526.2801

4305.788403

4310

143570

143500

21

9

49550

8000

1726.5

1730

57550

147900

147832.0685

4434.962055

4440

147880

147800

22

10

51280

8000

1778.4

1780

59280

152300

152267.0306

4568.010917

4570

152320

152200

23

11

53060

8000

1831.8

1840

61060

156900

156835.0415

4705.051244

4710

156890

156800

24

12

54900

8000

1887

1890

62900

161700

161540.0927

4846.202781

4850

161600

161500

25

13

56790

8000

1943.7

1950

64790

166500

166386.2955

4991.588865

5000

166450

166300

26

14

58740

8000

2002.2

2010

66740

171500

171377.8844

5141.336531

5150

171450

171300

27

15

60750

8000

2062.5

2070

68750

176700

176519.2209

5295.576627

5300

176600

176400

28

16

62820

8000

2124.6

2130

70820

182000

181814.7975

5454.443926

5460

181900

181700

29

17

64950

8000

2188.5

2190

72950

187500

187269.2414

5618.077243

5620

187360

187200

30

18

67140

8000

2254.2

2260

75140

193100

192887.3187

5786.619561

5790

192980

192800

31

19

69400

8000

2322

2330

77400

198900

198673.9382

5960.218147

5970

198770

198600

32

20

71730

8000

2391.9

2400

79730

204900

204634.1564

6139.024692

6140

204740

204600

33

21

74130

8000

2463.9

2470

82130

211100

210773.1811

6323.195433

6330

210880

210700

*Shown as Entry Pay for Level 12A which indicates zero latency “residency period” for corresponding VI CPC basic of 37400/- for the level. It can be surmised the level commences at a QS of 13 years when rank of Lt Col is given on time-bound basis. 

**Shaded area in table indicates likely status of extra 3 stages added to level 12A.

 

{Update: With the release of a Press Note on 04 May 2017, Method 1 / Option 2 of CPC recommendations appears to have given way to a Modified Formulation }

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s