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EPS 95Pension Calculation: Regular Penson Calculation Vs Higher Pension Calculation

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The calculations of old pension as well as revised pension in r/o of Mr. Sachidanand Mishra (Meerut) and Mr. Hawa Singh Chaudhary (Agra).

A. Mr. Hawa Singh Chaudhary:
DOB-05/09/1954
DOE-04/09/2012
Past Service-10Y 0M 15D
Pensionable service- 16Y 9M 20D (16Y 9M 20D = 6133 days)
Pensionable salary Rs.6500/-
1) Pension for past =Rs.85×3.560=Rs.303/-
2) Pension upto 30/06/2012 service =Rs.[6500×(6133+730)÷70÷365]=Rs.1746/-
Total Initial Pension Rs.2049/-(303+1746)


After revision
Pensionable Salary goes to Rs.190240/- now
1) Pension for past service Rs.303/- same as before.
2) Pension for 16/11/1995 to 30/06/2012
=Rs.[190240×(6133+730)÷70÷365]=Rs.51100/-
Total revised pension Rs.51403/-(303+51403) instead of Rs.51374/-


B. Mr. Sachidanand Mishra:
Initial pensionPast service
DOB-01/07/1958
DOE-30/06/2016
Past Service-13Y 10M 15D
Pensionable service- 20Y 7M 15D (18Y 9M 15D = 6859 days plus 1Y 10M 0D=669
days)
Pensionable salary Rs.9617/-
1) Pension for past =Rs.105×4.843=Rs.509/-
2) Pension upto 31/08/2014 service =Rs.[6500×(6859+730)÷70÷365]=Rs.1931/-
3) Pension for service after 31/08/2014 =Rs.(9617×669÷70÷365)=Rs.252/-
Total Initial Pension Rs.2692/-(509+1931+252)


After revision
Pensionable Salary goes to Rs.160225/- now
1) Pension for past service Rs.509/- same as before.
2) Pension for 16/11/1995 to 30/06/2016
=Rs.[160225×(6859+730+669)÷70÷365]=Rs.51786/-
Total revised pension Rs.52295/-(509+51786) instead of Rs.52275/

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