I worked in Delhi Transport Corporation from April 1973 until 3.11.1978. Later, I joined TELCO Ltd from 06.11.78 to 30.06.84. Finally, I worked at Ashok Leyland Ltd. from 09.07.1984 until retirement as Senior Manager in February 2008.
With lots of follow-up with my last employer, CPFC Delhi, and RPFC Chennai, my provisional pension disbursement started in September 2009, considering my service with A.L. Ltd. Pending receipt of my previous service details from RPFC Sub-Regional Office Jamshedpur.
Later, with great persuasion through personal resources, RTI, etc., SRO Jamshedpur finally sent my service details to RPFC Chennai, who then sent the details in their IDS format to RPFC Jaipur on 25.08.11. Until December 11, nothing moved. After persuasion with internal sources, a revised PPO was issued in January 2012, with a revised original pension of Rs. 1673 and 1/3rd commuted pension of Rs. 558, resulting in a net pension of Rs. 1115.
Through your forum, I would like to know:
1. Is the calculated pension correct, and how is it arrived at?
2. How do we determine the salary as of 15.11.1995?
3. For how many years will a pensioner receive this amount?
4. Is it correct that the department considered a period of only 100 months for calculating the commutation amount?
5. Am I entitled to receive interest for the delay?
Regards
From India, Jaipur
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With lots of follow-up with my last employer, CPFC Delhi, and RPFC Chennai, my provisional pension disbursement started in September 2009, considering my service with A.L. Ltd. Pending receipt of my previous service details from RPFC Sub-Regional Office Jamshedpur.
Later, with great persuasion through personal resources, RTI, etc., SRO Jamshedpur finally sent my service details to RPFC Chennai, who then sent the details in their IDS format to RPFC Jaipur on 25.08.11. Until December 11, nothing moved. After persuasion with internal sources, a revised PPO was issued in January 2012, with a revised original pension of Rs. 1673 and 1/3rd commuted pension of Rs. 558, resulting in a net pension of Rs. 1115.
Through your forum, I would like to know:
1. Is the calculated pension correct, and how is it arrived at?
2. How do we determine the salary as of 15.11.1995?
3. For how many years will a pensioner receive this amount?
4. Is it correct that the department considered a period of only 100 months for calculating the commutation amount?
5. Am I entitled to receive interest for the delay?
Regards
From India, Jaipur
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To calculate pension, you have to provide the following additional details:
1. Date of Birth
2. Salary on 16.11.1995
3. Average salary of the last twelve months.
Let me assume that your date of birth is 16.11.1950 and the salaries are Rs. 2501 and Rs. 6500 (the ceiling salary) respectively.
Past Service Calculation
Past service - 23 years (before 16.11.1995)
Benefit - 170 - (1)
Multiplying factor, table B - 2.826 - (2)
(1) x (2) = 480 - (3)
Pensionable Service Calculation
Pensionable service - 13 years (after 16.11.1995)
Benefit - service x salary / 70 = 13 x 6500 / 70 = 1193 - (4)
Total pension - (3) + (4) = 1673.
Commutation Amount
Commutation amount - 1673 / 3 = 557.67 rounded to 558.
Now, I answered the 1st question.
2. Salary on 16.11.1995 will be already recorded with PF.
3. A pensioner will receive a pension until their death. Thereafter, the widow will receive it until her death or remarriage, and two children (at a time) up to 25 years old.
4. As per the existing scheme, the calculation is correct.
5. If the delay is due to PF authorities' mistake, you may approach the concerned.
Regards,
Abbas. P. S
From India, Bangalore
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5301. Date of Birth
2. Salary on 16.11.1995
3. Average salary of the last twelve months.
Let me assume that your date of birth is 16.11.1950 and the salaries are Rs. 2501 and Rs. 6500 (the ceiling salary) respectively.
Past Service Calculation
Past service - 23 years (before 16.11.1995)
Benefit - 170 - (1)
Multiplying factor, table B - 2.826 - (2)
(1) x (2) = 480 - (3)
Pensionable Service Calculation
Pensionable service - 13 years (after 16.11.1995)
Benefit - service x salary / 70 = 13 x 6500 / 70 = 1193 - (4)
Total pension - (3) + (4) = 1673.
Commutation Amount
Commutation amount - 1673 / 3 = 557.67 rounded to 558.
Now, I answered the 1st question.
2. Salary on 16.11.1995 will be already recorded with PF.
3. A pensioner will receive a pension until their death. Thereafter, the widow will receive it until her death or remarriage, and two children (at a time) up to 25 years old.
4. As per the existing scheme, the calculation is correct.
5. If the delay is due to PF authorities' mistake, you may approach the concerned.
Regards,
Abbas. P. S
From India, Bangalore
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As required, the details required by you are as follows:
1. Date of Birth: 07.02.1950
2. Salary on 16.11.1995: Basic 4425 + DA 3159 = 7594
3. Average salary of the last twelve months: Basic 20727 + DA 4200 + Sixth day 4260 + other allowances = gross 52499
I would like to inform you that when I joined M/s AL Ltd, Form 13 was filled. Subsequently, my last employer transferred my PF to the new PF society of AL Ltd in 1985. Hence, I was under the impression that my pension fund held by the then Bihar RPFC sub-regional office in Jamshedpur was transferred to RPFC Chennai. I came to know this fact after nearly 15 months of retirement, that my past service records are not available at RPFC Chennai. I furnished a copy of the transfer of the pension fund to Jamshedpur and the last service certificate issued by my last employer, M/s TELCO Ltd. However, the department has not accepted the service details available with us.
Thus, this is a delaying tactic by the department. What is your view on this delay in maintaining service records?
As shown above, my actual salary for the purpose of PF on 16.11.1995 is Rs. 7594. How can one arrive at a salary of Rs. 2501 as per your assumption?
Regards,
From India, Jaipur
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1. Date of Birth: 07.02.1950
2. Salary on 16.11.1995: Basic 4425 + DA 3159 = 7594
3. Average salary of the last twelve months: Basic 20727 + DA 4200 + Sixth day 4260 + other allowances = gross 52499
I would like to inform you that when I joined M/s AL Ltd, Form 13 was filled. Subsequently, my last employer transferred my PF to the new PF society of AL Ltd in 1985. Hence, I was under the impression that my pension fund held by the then Bihar RPFC sub-regional office in Jamshedpur was transferred to RPFC Chennai. I came to know this fact after nearly 15 months of retirement, that my past service records are not available at RPFC Chennai. I furnished a copy of the transfer of the pension fund to Jamshedpur and the last service certificate issued by my last employer, M/s TELCO Ltd. However, the department has not accepted the service details available with us.
Thus, this is a delaying tactic by the department. What is your view on this delay in maintaining service records?
As shown above, my actual salary for the purpose of PF on 16.11.1995 is Rs. 7594. How can one arrive at a salary of Rs. 2501 as per your assumption?
Regards,
From India, Jaipur
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Dear Singhal, Salaries of Rs. 2501 and above on 16.11.1995 will have the same effect, even if it is 7594. That is why I have taken it as 2501. Similarly, as the salary ceiling of PF is Rs. 6500, a salary of Rs. 52499 at the time of your retirement will be treated as 6500 only. I believe you have an understanding of the pension calculation that I mentioned above.
Regards, Abbas.P.S
From India, Bangalore
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Regards, Abbas.P.S
From India, Bangalore
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To calculate the pension, you have to provide the following additional details:
1. Date of Birth
2. Salary on 16.11.1995
3. Average salary of the last twelve months.
Let me assume that your date of birth is 16.11.1950 and the salaries are Rs. 2501 and Rs. 6500 (the ceiling salary) respectively.
Past Service Calculation
- Past service: 23 years (before 16.11.1995)
- Benefit: 170 - (1)
- Multiplying factor, Table B: 2.826 - (2)
- Calculation: (1) x (2) = 480 - (3)
Pensionable Service Calculation
- Pensionable service: 13 years (after 16.11.1995)
- Benefit: service x salary / 70 = 13 x 6500 / 70 = 1193 - (4)
- Total pension: (3) + (4) = 1673.
Commutation Amount
- Commutation amount: 1673 / 3 = 557.67 rounded to 558.
Now I have answered the 1st question.
2. Salary on 16.11.1995 will be already recorded with PF.
3. The pensioner will receive a pension until their death. Thereafter, the widow will receive it until her death or remarriage, and two children (at a time) up to 25 years old.
4. As per the existing scheme, the calculation is correct.
5. If the delay is due to PF authorities' mistake, you may approach the concerned.
Regards,
Abbas. P. S
From India, Bangalore
Acknowledge(0)Amend(0)
1. Date of Birth
2. Salary on 16.11.1995
3. Average salary of the last twelve months.
Let me assume that your date of birth is 16.11.1950 and the salaries are Rs. 2501 and Rs. 6500 (the ceiling salary) respectively.
Past Service Calculation
- Past service: 23 years (before 16.11.1995)
- Benefit: 170 - (1)
- Multiplying factor, Table B: 2.826 - (2)
- Calculation: (1) x (2) = 480 - (3)
Pensionable Service Calculation
- Pensionable service: 13 years (after 16.11.1995)
- Benefit: service x salary / 70 = 13 x 6500 / 70 = 1193 - (4)
- Total pension: (3) + (4) = 1673.
Commutation Amount
- Commutation amount: 1673 / 3 = 557.67 rounded to 558.
Now I have answered the 1st question.
2. Salary on 16.11.1995 will be already recorded with PF.
3. The pensioner will receive a pension until their death. Thereafter, the widow will receive it until her death or remarriage, and two children (at a time) up to 25 years old.
4. As per the existing scheme, the calculation is correct.
5. If the delay is due to PF authorities' mistake, you may approach the concerned.
Regards,
Abbas. P. S
From India, Bangalore
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