Pension Calculator as per ROPA, 2019

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Output

Pension Calculation

  • Minimum qualifying service for eligibility in pension is 10 years.
  • Full Pension is applicable for qualifying service of 20 years or more.
  • For qualifying service between 10 and 20 years, proportionate reduction in pension is applicable.
  • Full pension = 50% of Last Basic Pay.
  • Maximum ceiling of pension = Rs. 1,00,500/-
  • Minimum amount of pension = Rs. 8,500/-

Illustration

  • For a service period of 33 years and last basic pay of Rs. 30,000/-, pension will be Rs. 15,000/-.
  • 20 years of service period and last basic pay Rs. 30,000/-, pension will be Rs. 15,000/-
  • 15 years of service period and last basic pay Rs. 30,000/-, pension will be Rs. 15000*15/20 = Rs. 11250/-
  • 8 years of service period and last basic pay Rs. 30,000/-, pension will be Rs. NIL.

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