This document is a pension payment order from the Resident Deputy Director of Audit & Accounts approving the pension and commutation amounts for Mr. Eid Muhammad, a senior octroi clerk who retired from the Municipal Committee in Bahawalnagar. It provides details of his date of birth, appointment, retirement, qualifying service period, emoluments, gross pension, commutation amount, net pension, and pension amounts payable including increases approved on specified dates. The commutation amount is calculated as 35% of the gross pension multiplied by 12 years at an interest rate of 13.9888%.
This document is a pension payment order from the Resident Deputy Director of Audit & Accounts approving the pension and commutation amounts for Mr. Eid Muhammad, a senior octroi clerk who retired from the Municipal Committee in Bahawalnagar. It provides details of his date of birth, appointment, retirement, qualifying service period, emoluments, gross pension, commutation amount, net pension, and pension amounts payable including increases approved on specified dates. The commutation amount is calculated as 35% of the gross pension multiplied by 12 years at an interest rate of 13.9888%.
This document is a pension payment order from the Resident Deputy Director of Audit & Accounts approving the pension and commutation amounts for Mr. Eid Muhammad, a senior octroi clerk who retired from the Municipal Committee in Bahawalnagar. It provides details of his date of birth, appointment, retirement, qualifying service period, emoluments, gross pension, commutation amount, net pension, and pension amounts payable including increases approved on specified dates. The commutation amount is calculated as 35% of the gross pension multiplied by 12 years at an interest rate of 13.9888%.
Audit & Accounts Scheme Local Fund Audit, Bahawalnagar
To
The Chief Officer,
Municipal Committee Bahawalnagar. No. RDD/LFA/BWN/________ Dated:_________________
Subject:- PENSION PAYMENT ORDER OF MR. EID MUHAMMAD S/O M.
HUSSAIN, SENIOR OCTROI CLERK (BPS-14) MUNICIPAL COMMITTEE, BAHAWALNAGAR.
With reference to office Memo No. CO/MC/BWN/138, Dated 11-03-2023
on the subject cited as above. The pension case of above named official has been checked / scrutinized under the liberalized pension rules 1977 amended from time to time. So, following amounts of Pension & Commutation are hereby approved for payment subject to recovery of overpayment if any.
1 Date of Birth 26-02-1967
2 Date of Appointment 21-11-1988 3 Date of Retirement vide no.CO/MC/BWN/60 Dt.07/02/2022 01-03-2023 (F.N) 4 Qualifying Service 30 5 Age Next Birthday 57Years 6 Emoluments (B.P) 50370 7 Gross Pension 50370 X 30 X 7 / 300 35259 8 35% Surrender for Commutation 12340.65 9 65% Net Pension 22918 10 Pension Payable (w.e.f. 01-03-2023) 39744 11 INCREASE i Of 01-07-2011 @15% of N.P 3438 Total 26356 ii Of 01-07-2015 @7.50% of N.P 1977 Total 28333 iii Of 01-04-2022 @10% of N.P 2833 Total 31166 iv Of 01-07-2022 @05% of N.P 1416 Total 32582 v Medical Allowance @ 25% .at 22918 5730 vi Medical Allowance @ 25% .at 5730 1432 Total 39744 12 Commutation: 12340.65 X 12 X 13.9888 --2071570--
Resident Deputy Director (A&A)
Audit & Accounts Scheme Local Fund Audit, BWN D.A .Pension Papers and Service Book. CC. Pensioner Concerned.