The table for notional progression of pay and pensions for older retirees in a previous blog post also brought out the possibility of demonstrating how Wg Cdr /Cdr / Lt Col pensions of retirees from the pre Dec 2004 era would be affected if:
- The Government accepts the principle of parity of pensions of older retirees in lower time bound ranks with pensions of current retirees with equal service but in higher time-bound ranks.
- The QS for Col(TS) is reduced from the current level of 26 years.
Such an outcome would cater for all the angst currently being expressed over select-grade, non-select grade etc. in various forums.
Assuming the VII CPC pensions are eventually linked to the VII matrix index numbers as per the recommendations, which are then firmly linked to QS, then pensions of older Lt Col equivalent retirees could vary as the GIF indicates. Readers can crosscheck with the actual figures shown in the table linked to in the blog-post referred to above.