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Thursday, 6 September 2018

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 3851 & 4100

(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

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