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Pension Formula

Pension Formula

01. Last Pay

Rank Pay Rs
Disturbance Pay Rs
Command/Staff/Charge Pay Rs
Qualification Pay Rs
Total Rs

02. Service

Date of Birth
Cadet Service
From
To
Date of Commission
Date of Struck Of Duty (SOD)
Date of Struck of Service (SOS)

03. Calculation Data of Pension

Pay Rs
Cadet Service
Commissioned Service
Total Service
Age on next birthday after SOS

04. Calculation of Pension

Last Pay Drawn x 7 / 10 x ( Qualifying Service / Prescribed Service of the Rank )
Special Additional Pension for the Rank
Gross Pay

05. Calculation of Commutation

65% of gross pension
35% of gross pension
35% gross pension x 12 x @ Age Factor

1. How to work Out Age?

2. How to work out pension?

3. Pension Commutation?