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  • Calculation Commutation / of Pension: Basic Pay:-28070

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    Al Shaikh
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    This document calculates a pension amount based on basic pay of Rs. 28070 over 30 years of service. The gross pension is calculated as Rs. 20930. The ordinary pension is 65% of the gross amount or Rs. 12771.85. 35% of the gross pension or Rs. 6877.15 is available for commutation, which when multiplied by interest rates equals Rs. 1299921.64.

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    Calculation Commutation

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    This document calculates a pension amount based on basic pay of Rs. 28070 over 30 years of service. The gross pension is calculated as Rs. 20930. The ordinary pension is 65% of the gross amount or Rs. 12771.85. 35% of the gross pension or Rs. 6877.15 is available for commutation, which when multiplied by interest rates equals Rs. 1299921.64.

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    6 views1 page

    Calculation Commutation / of Pension: Basic Pay:-28070

    Uploaded by

    Al Shaikh
    This document calculates a pension amount based on basic pay of Rs. 28070 over 30 years of service. The gross pension is calculated as Rs. 20930. The ordinary pension is 65% of the gross amount or Rs. 12771.85. 35% of the gross pension or Rs. 6877.15 is available for commutation, which when multiplied by interest rates equals Rs. 1299921.64.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    CALCULATION COMMUTATION / OF PENSION

    Basic Pay:- 28070 =

    1. 28070 x 30 x 7 / 300 = Rs: 20930.00 Gross Pension

    2. 65% Ordinary Pension Rs: 12771.85

    3. 35% Commutation Rs: 6877.15

    Rs:- 6877.15 x 12 x 15.7517 = Rs:- 1299921.64

    ASSISTANT CONTROLLER
    Sindh Government Press
    Khairpur

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