As per my calculation
the amount of minimum family pension should be as given below :
Retirement/Death
Pay. Minimum
Before 01.11.1993
Upto 1250/- 375
01.11.1993 to 31.07.1997
Upto 2400/- 720
01.08.1997 to 31.07.2002
Upto 3666/- 1100
01.08.2002 to 31.07.2007
Upto 4933/- 1480
01.08.2007 to 31.07.2012
Upto 6266/- 1880
01.08.2012 to 31.07.2017
Upto 10033/- 3010
From 01.08.2017
Upto 13566/- 4070
I have taken the minimum as given in first stage of Pay Scale.
Where the Basic Pay is more than the pay mentioned above, 30% of Pay will be more than the minimum stated above.
I seek your comments.
R K SAHNI
These are the minimum basic pension rates at 30% of last pay as per Appendix V.
Already it has been clarified by the CO letter dated 21/9/2023 in the first illustration that the revised pension cannot be less than the minimum pension. A large number of retired employees in 30% bracket would be in the lower cadres and their minimum family pension will remain the same as given by you. The Gazette Notification dt 11/9/2023 also states that the revised family pension will not be less than the minimum pension.
It will be better if Central Office clarifies in a circular that even though Appendix V stands omitted by the Gazette Notification, the minimum pension figures mentioned in the omitted Appendix V hold good. The Pensioners' Associations need to take it up with LIC Management.
C H Mahadevan
Subject to the above Appendix V stands deleted from 11/9/2023.
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