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Compensation Pension


A compensation pension is granted to Govt. servant who is discharged from Govt. service on abolition of his permanent post

Model calculation: Compensation Pension


Post

Class-III (Post which is being abolished wef 30.06.2010)

Date of Birth

07.07.1964

Date of Appointment

15.10.1985

Date of Retirement

30.06.2010 (AN)

Qualifying Service

24 Years 8 Months & 17 Days

Details of Pay Drawn during the last ten months period preceding the Date of Retirement and Average Emoluments

From
To
Period
Pay
Total
01.09.2009 31.12.2009 4 Months 13030 52420
01.01.2010 30.06.2010 6 Months 13360 80160
  Total 10 Months   132280

Average Emoluments 132280/10
13228
Pension 50% of Emoluments or average emoluments
which ever is beneficial
50% of 13360 = 6680/-

Compensation Pension @ Rs. 6680/- per month w.e.f. 01.07.2010 for life.

Next Topic : Compulsory Retirement Pension
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