PENSIONERS' VOICE & SOUND TRACK Editor: R K Sahni : E-Circular DK/22 dated 12.05. 2018

Sunday, 13 May 2018

E-Circular DK/22 dated 12.05. 2018

Friends,

We send herewith the eCircular No. DK/22 dt 12-05-2018.

Thank you

D.Krishnan

General Secretary,

Fedn of Retired Class I Officers Associations.

Fedn e circular DK-22 12-05-2018.docx

Fedn e circular DK-22 12-05-2018.docx

CPI LATEST FIGURES

CLICK FOR DETAILS HERE

Monthly figures
JAN 2018	0288	6573.86
FEB 2018	0287	6551.03
MAR 2018	0287	6551.03
APR 2018	0288	6573.86
MAY 2018	0289	6596.68
JUN 2018	0291	6642.33
JUL 2018	0301	6870.60
AUG 2018	0301	6870.60
SEP 2018	0301	6870.60
OCT 2018	0302	6893.42
NOV 2018	0302	6893.42
DEC 2018	0000	000000

GROUP I-REVISED FORMULA FOR CALCULATION OF DR DIFFERENCE

GROUP I RETIRED BETWEEN 01.01.1986 & 31.03.1993 -
REVISED CALCULATION FORMULA FOR DR DIFFERENCE
(1) ARREARS FROM 29.01.2007 to 27.04.2017
(BP-2130)X72.375931 xxxxxx(A)
LESS : 40% IR PAID xxxxxx(B)
NET AMOUNT PAYABLE xxxxxx(A-B)(C)
IF (C) IS NEGATIVE IGNORE
ADD : INTEREST FROM 27.04.2017 TO DATE OF PAYMENT xxxxxx(D)
(2) ARREARS FROM 28.04.2017 to 31.07.2018
(BP-2130)X13.18794 xxxxxx(E)
ADD : INTEREST FROM 27.04.2017 TO DATE OF PAYMENT (F)
(3) TOTAL DR ARREARS xxxxxx(C)+(D)+(E)+(F)
R K SAHNI

GROUP II-REVISED FORMULA FOR CALCULATION OF DR ARREARS

GROUP II RETIRED BETWEEN 01.04.1993 & 31.07.1997-
REVISED FORMULA FOR CALCULATION OF DR ARREARS
(a) BASIC PENSION BETWEEN Rs 3851 &Rs4100
(1) ARREARS FROM 29.01.2007 to 27.04.2017
(BP-3850)X62.2655961 xxxxxx(A)
LESS: 40% IR PAID xxxxxx(B)
NET AMOUNT PAYABLE (A-B) xxxxxx(C) IF(C) NEGATIVE IGNORE
ADD INTEREST FROM 27.04.2017 TODATE OF PAYMENT xxxxxx(D)
(2) ARREARS FROM 28.04.2017 TO 31.07.2018
(BP-3850)X11.94672 xxxxxxx(E)
ADD: INTEREST FROM 28.04.2017 TO DATE OF PAYMENT xxxxxx(F)
(3) AMOUNT OF DR DIFFERENCE PAYABLE xxxxxxx(C)+(D)+(E)+(F)
(b) BASIC PENSION ABOVE RS 4100
(1) ARREARS FRO 29.01.2007 TO 27.04.2017
= 15566.399+{(BP-4100)X145.286391} xxxxxx(A)
LESS:40% IR PAID xxxxxx(B)
NET AMOUNT PAYABLE (A-B) xxxxxx(C)
ADD INTEREST FROM 27.04.2017 TO DATE OF PAYMENT xxxxxx(D)
(2) ARREARS FROM 28.04.2017 TO 31.07.2018
=2986.68+{(BP-4100)X27.87568} xxxxxx(E)
ADD: INTEREST FROM 27.04.2017 TO DATE OF PAYMENT xxxxxx(F)
(3) AMOUNT OF DR DIFFERENCE PAYABLE xxxxxxx(C)+(D)+(E)+(F)
R K SAHNI

GROUP II REVISED DR ARREARS READY RECKONER

DEAR ALL LIC PENSIONERS FRIENDS,
I NOW ATTACH HEREWITH THE REVISED READY RECKONER FOR DR ARREARS FROM 29.01.2007 TO 31.07.2018 IN RESPECT OF THOSE PENSIONERS WHO RETIRED BETWEEN 01.04.1993 & 31.07.1997 DRAWING BASIC PENSION ABOVE RS 3850
THE EXCEL FILE CONTAINS THE FOLLOWING SHEETS:-
(1) FORMULAS
(2) BASIC PENSION FROM 3851 TO 4100
(3) BASIC PENSION FROM 4101 TO 5000
(4) BASIC PENSION FROM 5001 TO 6000
(5) BASIC PENSION FROM 6001 TO 7200
(6) DR SLABS FROM 29.01.2007 TO 31.07.2018 FOR BOTH GROUP I & II
WITH GREETINGS,
R K SAHNI
CLICK HERE

ALTERNATE MANUAL METHOD OF DR ARREARS CALCULATION

ALTERBATE MANUAL METHOD OF ARREARS CALCULATION

Alternate Manual Method of Calculation of Arrears AS PER DHC ORDER DATED 27.04.2017
(1) MONTHLY INCREASE IN DR AS ON 31.07.2018
(2) ARREARS OF DR FROM 18.12.1998 TO 31.07.2018
A Group I {Retired between 01.01.1986 & 31.03.1993}
(I) Monthly Increase in Pension on 31.07.2018
=(BP-2130)X1.7844
(II) Arrears from 18.12.1998 to 31.07.2018
=(BP-2130)X222.868176
B. Group II {Retired between 01.04.1993 & 31.07.1997}
C. (a) Basic Pension between 3850 & 4100
(I) Monthly Increase in Pension on 31.07.2018
=(BP-3850)X0.8100
(II) Arrears from 18.12.1998 to 31.07.2018
=(BP-3850)x92.080566
C. (b) Basic Pension above Rs 4100
(I) Monthly Increase in Pension on 31.07.2018
=202.50+[(BP-4100)X1.8900]
(II) Arrears from 18.12.1998 to 31.07.2018
=23020.1415+[(BP-4100)X214.854654]
NOTE:BP MEANS BASIC PENSION

ARREARS READY RECKNOR AS PER DHC ORDER DATED 27.04.2017

Alternate Manual Method of Calculation of Arrears

A. Group I {Retired between 01.01.1986 & 31.03.1993}
(I) Monthly Increase in Pension on 01.02.2017
=(BP-2130)X1.7148
(II)Arrears from 18.12.1998 to 30.04.2017
=(BP-2130)X196.6644
B. Group II{Retired between 01.04.1993 & 31.07.1997}
(a)Basic Pension between 3850 & 4100.
(I)(I) Monthly Increase in Pension on 01.02.2017
=(BP-3850)X0.7752
(II)Arrears from 18.12.1998 to 30.04.2017
=(BP-3850)X80.2116
(b)Basic Pension above Rs 4100
(I) Monthly Increase in Pension on 01.02.2017
=193.80+(BP-4100)X1.8088
(II)Arrears from 18.12.1998 to 30.04.2017
=20052.90+(BP-4100)X187.1604

ANNOUNCEMENT

YET ANOTHER BIG CLIMB

Dear Sri Sahni, Yesterday itself I hinted in advance u are hitting 9,00,000 hits in so short a time that ur worthy Blog, befitting its real reflection of all pensioners welfare & progress, titled, PENSIONERS VOICE & SOUNDTRACK is really performimg an uphill task of daily work & assignment assiduously, without break, all for the cause of pensioners constant education to be alive & aware of environment, rights & privileges, Dos & Donts, to preserve, protect & promote their own interests.They are deeply indebted to you for ur stubborn commitment to the endearing cause & wholesale dedication to communicate all relevant info & news to pensioners. A simple matter of CPIndex & announcement of DR slabs becomes a great news for jubilation.TPA cards & how to preserve, utilise, submit Claim forms & fup with Pension Disbursing office & TPA is educative & reduces uncertainty.Those who utilised Cashless service feel all they thought of as rigorous & impossible, with some care & advance precaution becomes fairly comfortable.We all exercised our own option for OSA,Optional SA & feel secure.Wideembracing topics interrelated with similar issues of Govt employees, banks etc keep us awake & alert.All these would have been impossible for pensioners to know & they would have continued to live in an impoverished way for lack of info or updated news.This is where Blog steps in to fill vacuum & Sri RKSahni has breathed fresh news all thro the day with aplomb,distinction, speed & accuracy My heartiest congratulations to u for this NOBLE work u do as a labour of LOVE & Sacrifice ,at great personal cost & indeed if ur Blog travels remarkably fast in readership, it is a Pointer to many more significant laurels in 2017.May the New year dawn with glitter & lustre & you occupy preeminent position,as even as an infant Blog, u have captured an alluring & marvellous feat.Profound thanx & best wishes to u to climb up & up, farther & farther Greetings, RBKISHORE VP,AIRIEF

Sunday, 13 May 2018

E-Circular DK/22 dated 12.05. 2018

Fedn e circular DK-22 12-05-2018.docx

Emailing Group Mediclaim Policy 2018-19.pdf