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 No. 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

pension

A Graphical Representation On VII CPC Pensions Fixed With The 2.57 X OROP Formula vs Index Based Pensions : Pre Jan 2016 Col(TS) / Lt Col/ Maj Pensioners

This matter has been touched on in various other forums as well as on this blog. Now that the Govt. letter and PCDA Circular 570 have been finally issued for payment of VII CPC pensions to pre 01 Jan 2016 armed forces pensioners with the formula 2.57 X OROP {Option 1 i.e. 2nd method of calculation listed… Continue reading A Graphical Representation On VII CPC Pensions Fixed With The 2.57 X OROP Formula vs Index Based Pensions : Pre Jan 2016 Col(TS) / Lt Col/ Maj Pensioners

OROP · pension

Speculating About NFU

A few days back, while reading a blog-post centered around Non Functional Financial Up-gradation, or NFU as it is being referred to, it appeared that some form of collation of information on the subject, especially as it would/could apply to Officers of Indian Armed Forces, would not exactly be out of place. Reference to NFU… Continue reading Speculating About NFU

OROP · pension

Actual Qualifying Service Of Pre OROP Lt Col / Cdr / Wg Cdr Pensioners Compared to QS Of Pensioners Retiring After 01 Jan 2016 Of Same Rank Drawing Equivalent Of 2.57xOROP Pensions

The title of this blog post and the following table are self-explanatory. Retirees in above-mentioned ranks need to compare their own QS in the table in col. I with QS, in the same row, of a post 01 Jan 2016 pensioner in col VII who will draw the same pension as the pensioner who had retired… Continue reading Actual Qualifying Service Of Pre OROP Lt Col / Cdr / Wg Cdr Pensioners Compared to QS Of Pensioners Retiring After 01 Jan 2016 Of Same Rank Drawing Equivalent Of 2.57xOROP Pensions

OROP · pension

Comparison Of Qualifying Service : 7 CPC Pension With 2.57X Formula : Pensioners In Major / Lt Cdr / Sqn Ldr Rank

With the formal issue of the “Resolution” on payment of VII CPC pensions, here is a comparison of the estimated corresponding QS of a VII CPC retiree in Major rank, even though no officer would actually be retiring nowadays as Major and equivalent with 20 years of qualifying service. It has been repeatedly stressed online, that… Continue reading Comparison Of Qualifying Service : 7 CPC Pension With 2.57X Formula : Pensioners In Major / Lt Cdr / Sqn Ldr Rank