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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 PensionPost | 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 |
Emoluments last drawn | 22100 |
Pension | 50% of average emoluments or
average emoluments whichever is beneficial i.e 50% of 13360 = 6680 |
Compensation Pension @ Rs. 6680/- per month w.e.f. 01.07.2010 for life.