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

pension

VII CPC Pensions Based On Level 13 For Colonel Pensioners

This is a purely speculative consideration based on the assumption that a Col with 15 years of service in 2016 would be drawing the pay at index number 1 of level 13 in the 7 CPC matrix. The corresponding pensions can then be tabulated as follows: Level 13 Corresponding To Rank Of Col Index QS… Continue reading VII CPC Pensions Based On Level 13 For Colonel Pensioners

OROP · pension

Gaps In Pensions Of Pre 16 Dec 2004 Lt Col(Select and TS) Pensioners And Pensions Of Post 16 Dec 2004 Col(TS) Pensioners With Equal Service

This is in continuation of previous blog posts on the subject. To concisely illustrate the gap existing between pensions of pre 16 Dec 2004 Lt Col pensioners (with permanent commission) and pensions of post 16 Dec 2004 Col(TS) of equal service and the need to close the gap, especially under OROP, the following graph and table could… Continue reading Gaps In Pensions Of Pre 16 Dec 2004 Lt Col(Select and TS) Pensioners And Pensions Of Post 16 Dec 2004 Col(TS) Pensioners With Equal Service

OROP · pension

A Tale Of Two Parities

I had mentioned in my previous blog post dated 18 Aug 2016 that it would be better if the two very distinct grounds for re-fixing of OROP for pre Dec 2004 Lt Col veterans were represented on separately by individuals, groups and Associations. Both issues have their own different strengths. In any case, one need not be… Continue reading A Tale Of Two Parities