7th CPC Military Brochure – Pension Fixation

7th CPC Military Brochure – Pension Fixation

Pension Fixation

The pension for pre 2016 retirees are as under:-

(a) Consolidation Method.

Pension as on 31.12.2015 be multiplied by a factor of 2.57 to arrive at revised pension under 7 CPC.

OR

(b) Pay Fixation Method.

Pension will be fixed by notional pay fixation in each successive pay commissions based on formula/fitment factor promulgated by Govt orders and instructions issued from time to time to arrive at the present pay. The pay so fixed is the notional pay in the Defence Pay Matrix for the purpose of calculation of pension.

Note : The higher of the above two formulations will be the revised pension wef 01.01.2016.

Auth : GoI, MoD (DESW) letter No 17(01)/2017(02)/D(Pension/ Policy) dated 05 Sep 2017.

 

Also Read : 7th pay commission brochure for Military personnel