40% IR payment Charts

Dear All LIC Pensioners,

The LIC old methodology of IR results in minus figures for a few cadres of Class III & IV Employees.

I am  uploading a new chart giving calculation of 40% IR BOTH AS PER LIC METHOD AS WELL AS PER PARA 3A OF APPENDIX IV FOR BOTH GROUP I & GROUP II PENSIONERS FOR ALL THE CADRES AT OF  MAXIMUM SCALE BUT WITHOUT STAGNATION INCREMENTS.
R K SAHNI
CLICK HERE