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Pension scheme after 2004 for Chhattisgarh-

Population according to 2001 census-2.08 cr


Population according to 2011 census – 2.5 cr
Estimated 10-year population growth -22.6, therefore 1-year growth =2.26 percent
Government employees nearly 2.5 percent
Retiring people each year – 2 percent (referred to as Niti aayog)
The attrition rate =5 percent.

YEAR POPULATION GOVT. RETIRING ATTRITION


EMP.
2004 2.25 0.05625 0.001125 0.0028125
2005 2.30085 0.05752125 0.001150425 0.002876063
2006 2.35284921 0.05882123 0.001176425 0.002941062
2007 2.406023602 0.06015059 0.001203012 0.00300753
2008 2.460399736 0.061509993 0.0012302 0.0030755
2009 2.51600477 0.062900119 0.001258002 0.003145006
2010 2.572866477 0.064321662 0.001286433 0.003216083
2011 2.63101326 0.065775331 0.001315507 0.003288767
2012 2.690474159 0.067261854 0.001345237 0.003363093
2013 2.751278875 0.068781972 0.001375639 0.003439099
2014 2.813457778 0.070336444 0.001406729 0.003516822
2015 2.877041924 0.071926048 0.001438521 0.003596302
2016 2.942063071 0.073551577 0.001471032 0.003677579
2017 3.008553697 0.075213842 0.001504277 0.003760692
2018 3.07654701 0.076913675 0.001538274 0.003845684
2019 3.146076973 0.078651924 0.001573038 0.003932596
2020 3.217178312 0.080429458 0.001608589 0.004021473
2021 3.289886542 0.082247164 0.001644943 0.004112358
2022 3.364237978 0.084105949 0.001682119 0.004205297
TOTAL 3.364238 0.084106 0.026333402 0.065833504

Total Pensioner = (Retired+Attrition) = (0.0263+0.0658) =0.0894 crores=8.94 Lakhs


Now, segregating these numbers based on the class of jobs – Class A, B OR C+D
According to prsindia.org -
Class A= 2% Class B =8% Class C+D =90%

Salary from 2004-2006- Salary from 2006-2022


Class A Officer -1 lakhs Class A Officer - 1.6 lakhs
Class B Officer - 60 Thousand Class B Officer - 90 Thousand
Class C+D Officer - 25 Thousand Class C Officer - 50 Thousand
Based on average salary, the pension will be,
2004-2006 2006-2022
Class A officers – 50 thousand Class A officers – 80 thousand
Class B officer – 30 thousand Class B officers – 45 thousand
Class c officer – 12 thousand Class C officers – 25 thousand

The below table represents the actual financial cost for reimplementation –
Cumulative year wise= (class a salary+ class b salary+ class (c+d))* (2022-Year)
For eg. In 2004,
= (3.9375+9.45+42.525)*(2022-2004) =55.9125*18=1006.425

Year Ret+Attr Class a Class b Class Class a Class b Class c+d Cumulative Year
c+d salary salary salary Wise
2004 0.003938 0.00007875 0.000315 0.003544 3.9375 9.45 42.525 1006.425
2005 0.004026 8.053E-05 0.000322 0.003624 4.026488 9.66357 43.48607 971.9940825
2006 0.004117 8.235E-05 0.000329 0.003706 4.117486 9.881967 44.46885 935.4928459
2007 0.004211 8.4211E-05 0.000337 0.003789 6.736866 15.15795 94.73718 1749.479912
2008 0.004306 8.6114E-05 0.000344 0.003875 6.889119 15.50052 96.87824 1669.750281
2009 0.004403 8.806E-05 0.000352 0.003963 7.044813 15.85083 99.06769 1585.523306
2010 0.004503 9.005E-05 0.00036 0.004052 7.204026 16.20906 101.3066 1496.63643
2011 0.004604 9.2085E-05 0.000368 0.004144 7.366837 16.57538 103.5961 1402.922045
2012 0.004708 9.4167E-05 0.000377 0.004237 7.533328 16.94999 105.9374 1304.207349
2013 0.004815 9.6295E-05 0.000385 0.004333 7.703581 17.33306 108.3316 1200.314191
2014 0.004924 9.8471E-05 0.000394 0.004431 7.877682 17.72478 110.7799 1091.058926
2015 0.005035 0.0001007 0.000403 0.004531 8.055717 18.12536 113.2835 976.2522508
2016 0.005149 0.00010297 0.000412 0.004634 8.237777 18.535 115.8437 855.6990443
2017 0.005265 0.0001053 0.000421 0.004738 8.42395 18.95389 118.4618 729.1982022
2018 0.005384 0.00010768 0.000431 0.004846 8.614332 19.38225 121.139 596.5424653
2019 0.005506 0.00011011 0.00044 0.004955 8.809016 19.82028 123.8768 457.5182437
2020 0.00563 0.0001126 0.00045 0.005067 9.008099 20.26822 126.6764 311.9054374
2021 0.005757 0.00011515 0.000461 0.005182 9.211682 20.72629 129.5393 159.4772501
2022 0.005887 0.00011775 0.000471 0.005299 9.419866 21.1947 132.4669

TOTAL 18500.39726

The total financial cost for reimplementation comes out to be 18500 crores
approximately.
References-
https://prsindia.org/policy/vital-stats/overview-central-government-employees

https://www.census2011.co.in/census/state/chhattisgarh.html

https://niti.gov.in/planningcommission.gov.in/docs/reports/wrkpapers/wp_tchretir.pdf
year ret+attr class a class b class c+d class a class b class c cumulative year wise
sal sal sal
2004 0.003938 0.00007875 0.000315 0.003544 3.9375 9.45 42.525 1006.425
2005 0.004026 8.053E-05 0.000322 0.003624 4.026488 9.66357 43.48607 971.9940825
2006 0.004117 8.235E-05 0.000329 0.003706 4.117486 9.881967 44.46885 935.4928459
2007 0.004211 8.4211E-05 0.000337 0.003789 6.736866 15.15795 94.73718 1749.479912
2008 0.004306 8.6114E-05 0.000344 0.003875 6.889119 15.50052 96.87824 1669.750281
2009 0.004403 8.806E-05 0.000352 0.003963 7.044813 15.85083 99.06769 1585.523306
2010 0.004503 9.005E-05 0.00036 0.004052 7.204026 16.20906 101.3066 1496.63643
2011 0.004604 9.2085E-05 0.000368 0.004144 7.366837 16.57538 103.5961 1402.922045
2012 0.004708 9.4167E-05 0.000377 0.004237 7.533328 16.94999 105.9374 1304.207349
2013 0.004815 9.6295E-05 0.000385 0.004333 7.703581 17.33306 108.3316 1200.314191
2014 0.004924 9.8471E-05 0.000394 0.004431 7.877682 17.72478 110.7799 1091.058926
2015 0.005035 0.0001007 0.000403 0.004531 8.055717 18.12536 113.2835 976.2522508
2016 0.005149 0.00010297 0.000412 0.004634 8.237777 18.535 115.8437 855.6990443
2017 0.005265 0.0001053 0.000421 0.004738 8.42395 18.95389 118.4618 729.1982022
2018 0.005384 0.00010768 0.000431 0.004846 8.614332 19.38225 121.139 596.5424653
2019 0.005506 0.00011011 0.00044 0.004955 8.809016 19.82028 123.8768 457.5182437
2020 0.00563 0.0001126 0.00045 0.005067 9.008099 20.26822 126.6764 311.9054374
2021 0.005757 0.00011515 0.000461 0.005182 9.211682 20.72629 129.5393 159.4772501
2022 0.005887 0.00011775 0.000471 0.005299 9.419866 21.1947 132.4669

TOTAL 18500.39726

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