pension

Trying To Establish Linkage between V, VI and VII CPC Notional Pay : Wg Cdr And Equivalent

This was discussed previously as well, though in a different format. Links will follow shortly.

If the modified IOR of 2.67 is not factored in presently and the VII CPC matrix for level 12-A, as it currently stands, is used as a basis, a comparative chart based on factual figures and the methodology as promulgated in the OM for civilians leads to a table of VII CPC formulations which may work out to much less than even the ambiguous 2.57xOROP formulation presently in force. The notional VII CPC Pension worked out on the guidelines in OM for civilian pensioners are fitted to the next higher stage in Level 12-A of the matrix.

A previous blog post had tried to consider the equivalent QS under VII CPC if the pension already fixed using the 2.57xOROP is considered as a basis. If we use the 2.57xOROP pension as a basis, the highest pension VII CPC for a pre 2006 Wg Cdr pensioner works out to be approximately the same as one for a current Wg Cdr retiree with a QS of 24 to 25 years. There is a table in that blog.

Please compare your own QS, OROPx2.57 pension with the table in order to form an idea of what manner of rationalization would be required in respect of re-fixing ESM pensions.

It is worth repeating, these figures are only speculative in nature and the true picture will emerge only after formal instructions are issued for implementing pension re-fixation.

V CPC Pay Equivalent VI CPC Basic Of PB4 As Per Amendment to SAI 2/S/2008 VI CPC GP VII CPC Notional Pay Based On 2.57x  Stage In matrix Level 2.57x Based Matrix Pay Level 12A Corresponding QS In Years As Applicable To Retirees In VII CPC VII CPC Pension Based On IOR of 2.57x
1 116700 13 66100
13500 38530 8000 119582.1 2 120200 14 67850
13900 38530 8000 119582.1
14300 39690 8000 122563.3 3 123800 15 69650
14700 39690 8000 122563.3
15100 40890 8000 125647.3 4 127500 16 71500
15500 40890 8000 125647.3
15900 42120 8000 128808.4 5 131300 17 73400
16300 42120 8000 128808.4
16700 43390 8000 132072.3 6 135200 18 75350
17100 43390 8000 132072.3
17500 44700 8000 135439 7 139300 19 77400
17900 44700 8000 135439
18300 46050 8000 138908.5
8 143500 20 79500
9 147800 21 81650
10 152200 22 83850
11 156800 23 86150
12 161500 24 88500
13 166300 25 90900
14 171300 26 93400
15 176400 27 95950
16 181700 28 98600
17 187200 29 101350
18 192800 30 104150
19 198600 31 107050
20 204600 32 110050
21 210700 33 113100

 

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