TN Commutation of Pension - Pensioners who have retired between 1-1-2016 and 30-09-2017 COMMUTATION OF PENSION There shall be no change in the provision relating to commutation values, the limit upto which the pension can be commuted or the period after which the commuted pension is to be restored. Commutation of pension shall accordingly be calculated on pension determined … [Read more...] about TN Commutation of Pension – Pensioners who have retired between 1-1-2016 and 30-09-2017
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TN Retirement Gratuity – Retirement and Death Gratuity from 1.1.2016
TN Retirement Gratuity - Retirement and Death Gratuity from 1.1.2016 GRATUITY RETIREMENT / DEATH GRATUITY : The rates for payment of death gratuity shall be revised with effect from 1-1-2016 as follows:- The maximum limit of Retirement Gratuity and Death Gratuity shall be enhanced from the existing Rs.10 lakh to Rs.20 lakh with effect from 1-1-2016. The ceiling on gratuity … [Read more...] about TN Retirement Gratuity – Retirement and Death Gratuity from 1.1.2016
TN Pension Arrears : Arrears on Retirement Benefits form Jan 2016 to Sep 2017
TN Pension Arrears : Arrears on Retirement Benefits form Jan 2016 to Sep 2017 ARREARS ON RETIREMENT BENEFITS IN RESPECT OF EMPLOYEES WHO RETIRED BETWEEN 1-1-2016 AND 30-09-2017 : The arrears on retirement benefits i.e. Gratuity/Commutation of pension including encashment of leave surrendered at the time of retirement consequent on pay revision in respect of the employees who … [Read more...] about TN Pension Arrears : Arrears on Retirement Benefits form Jan 2016 to Sep 2017
TN Pension Calculation – Minimum and Maximum Pension from 1.1.2016
TN Pension Calculation - Minimum and Maximum Pension from 1.1.2016 Minimum revised pension shall be Rs.7,850/- per month The ceiling limit for pension, family pension and enhanced family pension shall be revised from Rs.38,500/- to Rs.1,12,500/- (i.e. 50% of maximum pay in Pay Matrix of Rs.2,25,000/-), from Rs.23,100/- to Rs.67,500/- (i.e. 30% of maximum pay in Pay Matrix of … [Read more...] about TN Pension Calculation – Minimum and Maximum Pension from 1.1.2016
TN 7th CPC Pension Calculation – Illustration for Pre-2016 Pensioners
TN 7th CPC Pension Calculation - Illustration for Pre-2016 Pensioners The existing pension / family pension / enhanced familypension as on 31-12-2015, including the commuted portion but excluding additional pension applicable to pensioners / family pensioners of age 80 years and more, shall be multiplied by a factor of 2.57 and rounded off to the next higher ten rupee to … [Read more...] about TN 7th CPC Pension Calculation – Illustration for Pre-2016 Pensioners