ALL VETERAN BROTHERS MAY KINDLY PERUSE THE LATEST AFRO RELEASED (AUG 09) REVISED HANDBOOK ON PENSION BENEFITS.
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SOME OF THE IMPORTANT INFO ON PENSION,GRATUITY, COMMUTATION OF PENSION AND FAMILY PENSION AND ALSO GRADUATION/DIPLOMA CERTIFICATE ISSUES ARE APPENDED BELOW:-
PAGE - 13----CHAPTER II - PARA 14. -- ON COMMUTATION OF PENSION.
PAGE - 13----CHAPTER II - PARA 15. -- FORMULA FOR CALCULATION OF PENSION/DCRG
(AT APPX.D PAGE 67)
PENSION - @50% OF EMOULMENTS LAST DRAWN OR AVERAGE AMOULMENTS DRAWN DURING THE LAST 10 MONTHS, WHICHEVER IS MORE BENEFICIAL.
COMMUTATION : 50% BASIC PENSION X 12 X AGE VALUE (AGE COUNTED AS ON NEXT BIRTHDAY)
DCRG - TOTAL SERVICE X TOTAL EMOULMENTS+ DA
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PAGE 31...CHAPTER IV PARA 6(b) - PROCEDURE FOR FAMILY PENSION AFTER DEATH OF PENSIONER.
PAGE 43. PARA 5...(F) ISSUE OF GRADUATION/TRADE CERTIFICATES ETC.
PAGE 44.PARA 5.....(J) ISSUE OF PROVISIONAL DIPLOMA CERTIFICATE BY LAST UNIT OF THE INDIVIDUAL AFTER DISCHARGE ORDERS ARE ISSUED.
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