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Basic Pay
The basic pay is taken the pay at the time of retirement the individual is
drawing. If an employee retires from service on 1st June or after it then 1x
Usual Increment is added in his/her basic pay for the pension purpose only. If
an employee is drawing PP (Personal Pay), it is also included in his/her basic
pay. Same is the case with Special Pay.
Service
Ordinary Pension
Here is to mention that 65 % of the Gross Pension is taken as Ordinary
Pension and the remaining 35 % is taken for the Commute purpose.
Calculation of Commute
Use the following formula for the calculation of commute.
Age Rates
Age rates according to the Revised Pay Scale 2001 are as under: