Calculate to know the increase in basic pension!

Calculate to know the increase in basic pension!
Comrades it is difficult to prepare any common table on this order. Actually the table recommended by 5th CPC should be first referred to fix the wages as on 1.1.1996 to pre-1996 pensioners; thereupon for them as well as to other retirees between 1.1.96 and 31.12.2005 their basic pay is to be multiplied by fitment factor 1.86 and appropriate grade pay to the replacement scale to be added; finally this quantum is to be multiplied by 2.57; the arrived sum to be compared with the Pay Matrix table of 7th CPC and the equal or a step higher stage amount in the ‘Level’ (Grade Pay based) appropriate to the replacement scale to be selected; then finally 50% of this sum to be the new refixation basic pension w.e.f  1.1.2016. Substract your present basic pension to know the increase in basic pension if any from 1.1.2016 and multiply the difference by 17 to arrive the actual arrears as on May,2017

Source : http://postalpensioners.blogspot.in/

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