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

OROP · pension

Co-Relating OROP With VII CPC Notional Pay

After issue of the recent press-note on the subject, total uncertainty prevails over whether VII CPC pensions will be meaningfully re-fixed for armed forces veterans. There are some issues that need to be considered before proceeding with even guess-work on the matter: Would the VII CPC Pension re-fixation take place by multiplying the Circular 555… Continue reading Co-Relating OROP With VII CPC Notional Pay

pension

The Press Note On 7 CPC Pension Re-Fixation

With the release of a press note by the Ministry of Finance on “Modifications in the 7th CPC recommendations on pay and pensionary benefits approved by the Cabinet on 3rd May, 2017“, linked there to the actual document on MOF web-site, all previous ideas on revision of pension re-fixation under 7 CPC now need a… Continue reading The Press Note On 7 CPC Pension Re-Fixation

pension

7 CPC : Options 1 And 2 For Fixation Of Pensions Of Pre 2016 Armed Forces Pensioners

Due to the wording of recommendations of 7 CPC, some doubts were expressed as to which is Option 1 and which one is┬áNo. 2. Item 10.2.87 of 7 CPC recommendations spells it out though it may not be clear at first reading. Briefly, 7 CPC recommendations have two methods of calculating pensions for pre 2016… Continue reading 7 CPC : Options 1 And 2 For Fixation Of Pensions Of Pre 2016 Armed Forces Pensioners