7th CPC Revised Pension Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/7th-cpc-revised-pension/ All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more. Thu, 13 Jul 2017 15:40:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://centralgovernmentnews.com/wp-content/uploads/2019/02/cropped-central-government-employees-news-32x32.png 7th CPC Revised Pension Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/7th-cpc-revised-pension/ 32 32 Official Calculator for 7th CPC Revised Pension Calculator for pre-2016 Pensioners – Seventh CPC https://centralgovernmentnews.com/official-calculator-for-7th-cpc-revised-pension-calculator-for-pre-2016-pensioners-seventh-cpc/ https://centralgovernmentnews.com/official-calculator-for-7th-cpc-revised-pension-calculator-for-pre-2016-pensioners-seventh-cpc/#respond Thu, 13 Jul 2017 06:01:47 +0000 http://centralgovernmentnews.com/?p=18588 Official Calculator for 7th CPC Revised Pension with Notional Fixation i.r.o. Pre-2016 Pensioners and Family Pensioners Official Calculator for 7th CPC Revised Pension Calculator for pre-2016 Pensioners – Seventh CPC Pensioner’s Portal has provided the Revised Pension Calculator for Pre- 2016 Pensioners and Family Pensioners. Now, Pensioners and Family Pensioners may check their Pension/Family Pension […]

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Official Calculator for 7th CPC Revised Pension Calculator for pre-2016 Pensioners – Seventh CPC

Pensioner’s Portal has provided the Revised Pension Calculator for Pre- 2016 Pensioners and Family Pensioners. Now, Pensioners and Family Pensioners may check their Pension/Family Pension with Notional Fixation under 7th Central Pay Commission. The Revised Pension/Family Pension Calculator for Pre-2016 Pensioners updated Under Pensioner’s Portal, Government of India. The Easy way to find and get their Pension under Seventh Pay Commission.

revised-7thcpc-pension-calculator-7cpc

Source : www.pensionersportal.gov.in

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]]> https://centralgovernmentnews.com/official-calculator-for-7th-cpc-revised-pension-calculator-for-pre-2016-pensioners-seventh-cpc/feed/ 0 Cabinet accepts both two options for fixation of 7th CPC Revised Pension https://centralgovernmentnews.com/cabinet-accepts-both-two-options-for-fixation-of-7th-cpc-revised-pension/ https://centralgovernmentnews.com/cabinet-accepts-both-two-options-for-fixation-of-7th-cpc-revised-pension/#respond Fri, 01 Jul 2016 03:03:44 +0000 http://centralgovernmentnews.com/?p=14213 Cabinet accepts both two options for fixation of 7th CPC Revised Pension 7th CPC Recommended following Two options for fixation of Revised Pension. 1. Pay Scale on Retirement and Number of Increment Earned in the scale of Retiring Grade will be taken for fixation of Pension In this method Pension will be fixed in the […]

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Cabinet accepts both two options for fixation of 7th CPC Revised Pension

7th CPC Recommended following Two options for fixation of Revised Pension.

1. Pay Scale on Retirement and Number of Increment Earned in the scale of Retiring Grade will be taken for fixation of Pension

In this method Pension will be fixed in the Pay Matrix on the basis of the Pay Band and Grade Pay at which they retired.

2. Using Multiplication Factor 2.57

Existing Basic Pension to be multiplied by 2.57.

When the NJCA met the Cabinet Secretary, they observed that Govt is not going to accept second option due to non-availability of Records to verify their Pay Level at the retiring stage. Objections were raised by Pensioners Association to this move and they requested the government to retain both two options to avoid disparity between Pre 2016 and Post 2016 Pensioners.

The Central government in principle accepted the two options recommended for fixation of Revised Pension. But to address the issues anticipated when implementation in process, govt decided to constitute a committee to examine the feasibility of using First Option for fixation of Pension. It said, if found feasible, it will be implemented. The Committee has been given four months’ time to submit its report.

The govt decision on Pension related issues is given below

“The general recommendations of the Commission on pension and related benefits have been approved by the Cabinet. Both the options recommended by the Commission as regards pension revision have been accepted subject to feasibility of their implementation. Revision of pension using the second option based on fitment factor of 2.57 shall be implemented immediately. A Committee is being constituted to address the implementation issues anticipated in the first formulation. The first formulation may be made applicable if its implementation is found feasible after examination by proposed Committee which is to submit its Report within 4 months.”

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