LIC GROUP MEDICLAIM SCHEME GUIDE

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Wednesday, 11 November 2015

Re: Family Pension calculations

I giive below the calculation of Family pension for an ADM on maximum basic pay on the date of retirement 31/7/1997 and expired in 2013

Family pension for spouse   of an  ADM  who retired on maximum of scale on 31/7/1997 and who died   on 1/5/2013

( Existing Family Pension)

 

Basic Pay last drawn

9950

FPA

256.30

 Basic Family Pension as per Appendix V

1531(=15% of 9950+256.30)

( maximum  basic family pension =Rs 2400)

DR as at 1/8/2015 as per Appendix IV

6361

Total Family Pension as at 1/8/2015

7891

REGULAR PENSION FOR A SURVIVING ADM ON MAXIMUM SCALE OF PAY WHO RETIRED ON 31/7/1997

Basic Pension

5103

DR as at 1/8/2015 as per Appendix IV

16538

Total Regular Pension

21641

Percentage of Family Pension to Regular Pension

36.5

 Greetings.

C H Mahadevan


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