Saturday, March 29, 2008

Sixth Pay Commission Air Force Pension

The pay scales for defence officers have been recommended in the table 2.3.1 which are as follows:
(These scales are at minimum of scale and maximum of scale for the rank including Grade Pay & MSP)

Fg Offr 25760- 28890
Flt Lt 29100- 32240
Sqn Ldr 34380- 40030
Wg Cdr 38880- 45140
Gp Capt 43360- 47270
Air Cmde 47640- 49990
AVM 52280- 57990
Air Mshl 59990- 65090
VCAS 80000 (fixed)
AOC-in-C &
DGAFMS
CAS 90000(fixed)

Now I reproduce below para 5.1.47 of the report:
Table Annex 5.1.1 showing fixation of the existing pensioners in the revised dispensation consequent to implementation of the recommendations of this commission has been prepared and should be used for fixing the revised pension of the existing pensioners. The fixation as per this table will be subject to the provisions that the revised pension IN NO CASE, shall be lower than 50% of the sum of minimum of the pay in the Pay Band and the Grade Pay thereon corresponding to the pre- revised pay scale from which the pensioner had retired. To this extent a change would need to be allowed from the fitment shown in the fitment table.

Therefore in my opinion the Pension Fixation as on 1.1.2006 should be as follows:
(Since there are no arrears on account of MSP the same has not been taken in to consideration)

Fg Offr 9880
Flt Lt 11550
Sqn Ldr 14190
Wg Cdr 16440
Gp Capt 18680
Air Cmde 20820
AVM 26140
Air Mshl 29995

Thanks, May I have suggestions on this. Have nice day.

Wg Cdr Rajeeve Lochan (Retd)

Comments: In the absence of precise algorithm calculating of pension is not simplistic. Ultimately it will be decided by the babus of CDA(Pensions) which is truly bureaucratic in nature, ted tapism galore. One needs to wait till the dust and heat settles down. The pension arrears will be paid in penny packets and difficult for the not so savvy to keep tag of, as to what is entitled and what is credited in the banks. This is what exactly CDA confirms when it says, "Officers lose about 10% of their entitlements during their lifetime (serving or retired)". Confirming that financial regulations are intricate and interpretation shrouded with many intangibles.

No comments:

Disclaimer

The contents posted on these Blogs are personal reflections of the Bloggers and do not reflect the views of the "Report My Signal- Blog" Team.
Neither the "Report my Signal -Blogs" nor the individual authors of any material on these Blogs accept responsibility for any loss or damage caused (including through negligence), which anyone may directly or indirectly suffer arising out of use of or reliance on information contained in or accessed through these Blogs.
This is not an official Blog site. This forum is run by team of ex- Corps of Signals, Indian Army, Veterans for social networking of Indian Defence Veterans. It is not affiliated to or officially recognized by the MoD or the AHQ, Director General of Signals or Government/ State.
The Report My Signal Forum will endeavor to edit/ delete any material which is considered offensive, undesirable and or impinging on national security. The Blog Team is very conscious of potentially questionable content. However, where a content is posted and between posting and removal from the blog in such cases, the act does not reflect either the condoning or endorsing of said material by the Team.
Blog Moderator: Lt Col James Kanagaraj (Retd)

Resources