"7 cpc" · pension

Concordance Discordance : 7 CPC “Notional” Pay Of Lt Col / Cdr / Wg Cdr Retirees

Armed Forces veterans have been waiting for orders on rationalisation of their 7 CPC pensions, currently fixed at 2.57XOROP levels. To refresh memories, a number of anomalies in OROP were considered by a one man judicial commission a few years back. If the OMJC had recommended rectification of these anomalies and if those recommendations, by… Continue reading Concordance Discordance : 7 CPC “Notional” Pay Of Lt Col / Cdr / Wg Cdr Retirees

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

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

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