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18 years & 20 years benefit calculation of Pry. Teacher

Home Forums Pay & Allowances 18 years & 20 years benefit calculation of Pry. Teacher

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  • #70263
    unknown
    Spectator

      Please advice –
      ( B.P = Pay in Pay Band + Grade Pay )
      1) 18 years benefit –
      a) Basic Pay + ( B.P x 3% ) + Extra Grade Pay.
      b) Pay in Pay Band + ( Pay in Pay Band x 3% ) + Existing Grade Pay + Extra Grade Pay.
      Which one is correct ?
      2) 20 years benefit –
      a) B.P + ( B.P x 3% )
      b) Pay in Pay Band + ( Pay in Pay Band x 3% ) + Existing Grade Pay.
      Which one is correct ?
      Is there any G.O regarding that point ?
      It will be better if you explain with example.

      #81180
      unknown
      Spectator

        1) 18 years benefit –
        a) Basic Pay + ( B.P x 3% ) + Extra Grade Pay. is correct.
        2) 20 years benefit –
        a) B.P + ( B.P x 3% )
        Thanks a lot.

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