40 % INTERIM RELIEF CHART

DearShri Murty,
I give below the calculation of 40% IR in your case as per the method adopted by LIC.

R K SAHNI

 

	Shri cs murty AAO		dor	30.11.1993
		dr/slab
		2400	0.35%	8.4
		1450	0.29%	4.205
		250	0.17%	0.425
		96	0.09%	0.0864
		4196		13.1164
pension received from 01.8.1997 to 31.3.2016
Months	BP	TOTAL	DR SLABS	DR/SLAB	TOTAL	GROSS
224	4196	939904	119912	13.1164	1572814	2512718
	dr slabs as on 01.08.1997			148
	dr as on 01.08.1997		1941.227
	Revised basic pension as on 01.08.1997				4196	1941	6137
revised dr/slab=6137x.0023=			14.1151
revised pension from 001.08.1997 to 31.03.216
Months	BP	TOTAL	DR SLABS	DR/SLAB	TOTAL	GROSS
224	6137	1374688	86760	14.1151	1224626	2599314
						86596.32
					40% IR	34638.53

DEAR SRI SAHNI JI                                                                                                10TH MAY 2016 THANK U FOR THE PROMPT REPLY .  SRI LSRAMANATHANHAS SPENT  NEARLY MORE THAN ONE HOUR TO STUDY THE CHART  PUBLISHED  IN UR BLOG . I HAVE A LITTLE WHILE AGO  SENT HIS OBSERVATION. AS FAR AS  PRE  1992 RETIREES ARE CONCERNED   CALCULATIONS  AS APPEARING  IN UR BLOG ARE  ALRIGHT  . HE CONFIRMS WHERE  MYSELF AND SRI RAMANATHAN  ARE NOT AGREEING  IS ABOUT THE PROJECTION FOR THE RETIREES BETWEEN  1.8.92 TO 31.7.97      I HAVE ALSO REQUESTED SRI CH MAHADEVAN  TO STUDY THE CHART SRI CH MAHADEVAN  AGREED  TO EXAMINE  THE CHART . I ADMIT  THAT   I COULD NOT FOLLOW THE PROJECTION IN THE CADRE OF AAO  SO  REFERRED TO U. UR CLARIFICATION  SAYS IT IS ON THE LINES OF THE LETTER WRITTEN BY NOPI  TO PAY  AS IF IT IS BEING PAID TO POST 97 RETIREES LIC IS NOT  FOLLOWING THAT    ANYHOW   I FEEL  THAT  SOME EXPLANATORY  CLARIFICATIONS  MAY GO A LONG WAY BY THOSE WHO  PROJECTED  THE   EXPECTATIONS. I REFERRED MY OWN CASE  . I WILL BE GLAD IF   THE AMOUNT RECEIVABLE BY ME  AS 40% IR IS CORRECTLY    MENTIONED A)        DOR      30-11-1993     (B_  CADRE   AAO   (C) COMPUTER INCREMENT  RECD FROM  1.1193 D)   PRIOR TO   IMPLEMENTATION OF 92-97 WAGE REVISION  MY BASIC PAY  WAS 4260 MAXIMUM OF THE GRADE  (E)  NOW MY BASIC PENSION  AS PER   92-97  WAGE REVISION IS                  RS 4196  I  HAVE ENTERED 81 YEAR  FROM 14-11-2015  ONCE AGAIN  THANK U  FOR THE PROMPT  REPLY Y/S CS MURTY Sent from Mail for Windows 10