calculation formula for pension and commute galaxy world

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Calculation Formula for Pension and Commute – Galaxy World


Aug 24, 2019 · The calculation of Pension and Commute is very simple. An employee can calculate his/her pension and commute himself/herself. The main things in

Calculate Your Pension & Commute in Just 5 … – Galaxy World


Jul 26, 2014 · THANK U SO MUCH MADEM FOR QUICK RESPONSE: i am asking for ad hoc increase of 10% on basic pay scale. and i calculated my self according to your formula it came little different. my basic pay is 15400+specail pay1732+adhoc 10%which is 1540 =18672*30*70/3000 so the gross pension will be 13070 and comute according to the formula will be 4574 which is of 35% of the gross

Revised Commute & Pension Calculation Sheet … – Galaxy World


Jul 28, 2018 · July 27, 2018 · by Galaxy World · 12. I am here sharing the Revised Commute & Pension Calculation Sheet 2018 for Federal and Punjab Govt Pensioners. This pension calculation sheet will be applicable with effect from 1 st July 2018 i.e will be applicable for the pensioners who retire on or after 01-07-2018. As per the Notification of Increase …

Revised Pension Calculator 2019-20 for … – Galaxy World


Jul 30, 2019 · I have revised Pension Calculator 2019-20 for Federal and Provincial Govt Pensioners. This calculation sheet will be effective with effect from 1 st July 2019 for the Federal Government Pensioners and all the provincial Government pensioners. As the Government did not increase pension during 2020-21, so there is no change in the pension calculation sheet.

Pension Contribution in Urdu & Commute History • Galaxy World


Mar 20, 2021 · However, the pensioner had the right to commute ½ th of the gross pension. For example, if the gross pension of the pensioner is Rs. 100/- he/she had the option to got commuted Rs. 50/- out of 100/-.In this way, he/she got a lump sum commute. To get this lump sum amount he/she would have to get the medical board.



Jul 08, 2016 · HOW TO CALCULATE COMMUTATION: Commuted Pension = Gross Pension X 35/100 = 17500 X 35/100= 6125 Amount of Commutation= Commuted Pension X12 X Rate from Commutation Table = 6125 X 12 X 20.3555 = 1496129. COMMUTATION TABLE: In the above example, age on next birthday of Govt servant on 28/2/2015 becomes 47. ( Age on 1/1/2016).

Commutation of Pension Govt Calculator | Pension …


May 31, 2018 · The formula for arriving at the commuted value of Pension (CVP) is. CVP = 40 % x Commutation factor* x 12. * The commutation factor will be with reference to age next birthday on the date on which commutation becomes absolute as per the New Table annexed to the CCS (Commutation of Pension) Rules, 1981. Name of Tool.

Pension Calculator Formula 2021 – EmployeesPortal


Oct 29, 2021 · Calculate Total Service Through Pension Calculator 2021. The length of service is always calculated in the number of years. If you want to retire after 26 years, then 26 is the main factor used to determine the pension calculator formula. If you are retired after 26 years and 6 months, your service length will be 27 years.

Pension and Gratuity Calculation Formula for Govt …


Apr 05, 2020 · Pension and Gratuity Calculation Formula for Govt Employees l Pension and Commute Formula l All Government Notifications , Update News , Scholarship and Educ…

Commutation of Pension – Formula, Calculator, Orders …


Commutation of Pension Formula. Total Commutation Amount = Commuted Amount x Commutation Factor x 12. Note : Commuted Amount : Government Employee pension amount is Rs.32000/- at the time of retirement, he / she commuted 40% of his pension, then the commuted amount is 40 percent of Rs.32000 i.e. 12800 is the commuted amount here.