Estimated increase in pension of SB1 RETIRESS

STATE BANK OF INDIA PENSIONERS' ASSOCIATION (DELHI CIRCLE)

Registered under Societies Registration Act 1860---Registration No S-23400 of 1992 Office: E-43, Laxmi Nagar , Vikas Marg,Delhi 110092 Mob No: 9810383707 E-mail: sbipadc@gmail.com

Estimated increase in pension of 6th Bipartite Retirees on account of Uniform pension of 50% to all (Officers retired between 01.07.1993 to 31.03.1998 6th Bipartite)

Amount rounded of in nearest Rs.

Particulars	TEGS-VII	TEGS-VI	SMSG-V	SMGS-IV	MMGS-III	MMGS-II	JMGS-I
1.Basic Salary	14000	12650	11450	10450	10200	9950	9200
Monthly Pension 50% Up to 8500 and 40% from above Rs 8500 minimum Rs 4250	5600	5060	4580	4250	4250	4250	4250
2.Revised Monthly Pension @ 50%	7000	6325	5725	5225	5100	4975	4600
3. Increase in Basic Pension	1400	1265	1145	975	850	725	350
4. Dearness Relief after Neutralisation @ 676.55%	9472	8858	7746	6596	5750	4905	2368
Total Increase in Monthly Pension (3+4)	10872	9823	8891	7571	6600	5630	2718

Estimated increase in pension of 7th Bipartite Retirees on account of Uniform pension of 50% to all (Officers retired between 01.04.1998 to 31.10.2002 7th Bipartite)

Amount rounded of in nearest Rs.

Particulars	TEGS-VII	TEGS-VI	SMSG-V	SMGS-IV	MMGS-III	MMGS-II	JMGS-I
1.Basic Salary	21300	19340	17660	16140	15760	15380	14240
Monthly Pension 50% Up to 14240 and 40% from above Rs 14240 minimum Rs 7120	8520	7736	7120	7120	7120	7120	7120
2.Revised Monthly Pension @ 50%	10650	9670	8830	8070	7880	7690	7120
3. Increase in Basic Pension	2130	1934	1710	950	760	570	00
4. Dearness Relief after Neutralisation@ 431.76%	9196	8350	7383	4101	3281	2461	00
Total Increase in Monthly Pension (3+4)	11326	10284	9093	5051	4041	3031	00

Estimated increase in pension of 8th Bipartite Retirees on account of Uniform pension of 50% to all (Officers retired between 01.11.2002 to 31.10.2007 8th Bipartite)

Amount rounded of in nearest Rs.

Particulars	TEGS-VII	TEGS-VI	SMSG-V	SMGS-IV	MMGS-III	MMGS-II	JMGS-I
1.Basic Salary	32600	29340	26620	24140	23520	22900	21040
Monthly Pension 50% Up to 21040 and 40% from above Rs 21040 minimum Rs 10520	13040	11736	10648	10520	10520	10520	10520
2. Revised Monthly Pension @ 50%	16300	14670	13310	12070	11760	11450	10520
3.. Increase in Basic Pension	3260	2934	2662	1550	1240	930	00
4. DR Payable on increased Pension @296.64%	9670	8703	7896	4597	3678	2758	00
Total Increase in Monthly Pension (3+4)	12930	11637	10558	6147	4918	3688	00

Estimated increase in pension of 9th Bipartite Retirees on account of Uniform pension of 50% to all (Officers retired between 01.11.2007 to 31.10.2012 9th Bipartite)

Amount rounded of in nearest Rs.
Particulars	TEGS-VII	TEGS-VI	SMSG-V	SMGS-IV	MMGS-III	MMGS-II	JMGS-I
1.Basic Salary	52000	46800	40400	36200	35400	34200	31500
Monthly Pension 50% Up to 31500 and 40% from above Rs 31500 minimum Rs 15750	20800	18720	16160	15750	15750	15750	15750
2.Revised Monthly Pension @ 50%	26000	23400	20200	18100	17700	17100	15750
3. Increase in Basic Pension	5200	4680	4040	2350	1950	1350	00
4. .DR Payable on increased Pension @ 226.65%	11785	10607	9156	5326	4419	3060
Total Increase in Monthly Pension (3+4)	16985	15287	13196	7676	6369	4410

Estimated increase in pension of 10th Bipartite Retirees on account of Uniform pension of 50% to all (Officers retired between 01.11.2012 to 31.10.2017 10th Bipartite)

Amount rounded of in nearest Rs.

Particulars	TEGS-VII	TEGS-VI	SMSG-V	SMGS-IV	MMGS-III	MMGS-II	JMGS-I
1.Baic Salary	85000	76520	66070	60820	58790	57330	51490
Monthly Pension 50% Up to 51490 and 40% from above Rs 51490 minimum Rs 25745	34000	30608	26428	25745	25745	25745	25745
2.Revised Monthly Pension @ 50%	42500	38260	33035	30410	29395	28665	25745
3. Increase in Basic Pension	8500	7652	6607	4665	3650	2920	00
4.DR Payable on increased Pension @ 111.00%	9345	8493	7333	5178	4051	3241	00
Total Increase in Monthly Pension (3+4)	17845	16145	13940	9843	7701	6161	00

Estimated increase in pension of 11th Bipartite Retirees on account of Uniform pension of 50% to all (Officers retired between 01.11.2017 to 31.10.2022 11th Bipartite)

Particulars	TEGS-VII	TEGS-VI	SMSG-V	SMGS-IV	MMGS-III	MMGS-II	JMGS-I
1. Basic Salary	129000	116120	103320	95120	92110	89330	80450
Monthly Pension 50% Up to 80450 and 40% from above Rs 80450 minimum Rs 40225	51600	46448	41328	40225	40225	40225	40225
2.Revised Monthly Pension @ 50%	64500	58060	51660	47560	46055	44665	40225
3. Increase in Basic Pension	12900	11612	10332	7335	5830	4440	00
4..DR Payable on increased Pension @ 44.24%	5703	5137	4570	3245	2579	1964	00
Total Increase in Monthly Pension (3+4)	18603	16749	14902	10580	8409	6404	00

Note:-Undernoted assumptions have been made while compiling the above statement.

• (a)
  Pensioner retired at the maximum of Scale.
• (b)
  JMGS-I retired at the maximum of scale-II.
• (c)
  MMGS-II retired at the Max. of Scale-III.
• (d)
  MMGS-III retired at the Max of Scale-III.
• (e)
  Only Basic salary has been considered in computation of Pension
• f)
  FPA and PQA has not been considered as Pension is paid @ 50% of FAP &PQA except to the retirees of 7th Bipartite where PQA & FPA component has

  • not been considered while computing their Pension.
• (g)
  The amount of Dearness Relief has been taken on the basis of Bank Circular No CDO/P&HRD-PM/25 of 2023-24 dated 10th August 2023

Utmost care has been taken while compiling the above statement. However, If member find any error/omission /discrepancy in the statement the same may please be brought to the notice of M L Khandelwal on 09411684433 or E-mail ID mlkhandelwal@rocketmail.com.

Compiled by

M L KHANDELWAL