बैंक में कार्यरत मेरे दोस्त बैंक और बैंकिंग के के सन्दर्भ में कुछ ताज़ा ख़बरें | ये सिलसिला इस ब्लॉग पर आजकल चल रहे 10th baipertite समझौते को लेकर और कुछ उस से सम्बंधित ख़बरों के लिए शुरू किया है | आप अपने विचार नीचे कमेन्ट के माध्यम से पहुंचा सकते हैं |
Minimum Pension Rs 1435/- per month, who retire on or after 01.05.2005.
who have got 33 years of qualifying service will get 50% of their
average emoluments as Basic Pension and where the qualifying service is
less than 33 years; the basic pension would be proportionate to their
Calculation of Basic Pension.
of 10 months pay prior to the date of retirement has to be calculated
(pay includes BP + increment component of FPP+PQP).
Basic pension = (10 months’ Average Pay x No of years of service) / (2x33)
Dearness Relief on Basic Pension.
respect of employees who retire on or after 1.5.2005, Dearness Relief
shall be payable for every rise or be recoverable for every fall, as
the case may be of every 4 points over 2288 points in the quarterly
average of the All India Average Consumer Price Index for Industrial
Workers in the series 1960 = 100, at the rate 0.18% of Basic Pension.
Family Pension :
the event of death while in service or after retirement, family pension
shall be payable to spouse/dependents at the following rates w.e.f.
Gratuity is payable on death, retirement, permanent disablement or resignation of an employee and it is calculated by
two methods as given below and the amount whichever is higher will be
paid. Gratuity amount up to 10.00 lacs is exempted from Income Tax.
GRATUITY OF AN EMPLOYEE IS CALCULATED WITH TWO METHODS AND WHICH EVER IS HIGHER IS PAID.
METHOD - I
Gratuity Act 1972:
An employee is eligible for gratuity after completion of 5 years of service. The Gratuity payable under the act is 15 days wages for every completed years of service. The maximum gratuity payable under the Act is Rs.10.00 lacs from 24.05.2010.
WAGES for this purpose will mean Basic Pay +Spl.Pay+ PQP + FPP (less HRA component) + Dearness Allowance).
The Calculation is as follows:
Gratuity Amount = (Wages) x No of year of service x 15/26 METHOD - II
(as par 10th Bipertite)
Gratuity as per Service Regulations
employee is eligible for gratuity after completion of 10 years
service. The gratuity payable is 15 months pay up to 30 years of
service plus additional 15 days pay for every completed years of
service beyond 30 years WAGESfor this purpose means BP + PQP + Increment
component of FPP.