Pension & Commute Calculation 2023-24 Alongwith Increases

PUNJAB
Title Entries Decriptions (Ins
Enter Your Basic Pay (Also add Senior Post Allowance, Personal Pay, Us
Basic Pay 31660 or after 1st June

If the service is 6 months or more than a full year then one year will be add
Total Service 30 years)

Age Rate 12.3719 See the Table for Age Rate (If the age is even a single day more than a fu

Ardali Allowance (if any) 0

For BPS-16 to 22 For BPS-01 to 15

RESULTS RESULTS
Gross Pension 22162.00 Gross Pension
65% Pesnion 14405.30 65% Pesnion
35% Pension 7756.70 35% Pension
Commute 1151581.40 Commute
Pension without Medical 20479.83 Pension without Medical
Medical 3601.33 Medical
Net Home Take Pension 24081.16 Net Home Take Pension

Note: Only Enter Basic Pay, Total Service & Age Rate
 Pension & Commute Calcu
Pay Service
Enter Your Pay & Service( Dno't Enter Service 31660 30
more than 30)
Commuted
Enter Age Rate (See the Table) 12.3719 12

14405.3
01.07.10 15% 0
14405.3
01.07.11 15% 2160.795
16566.095
01.07.12 20% 0
16566.095
01.07.13 10% 0
16566.095
1/7/2014 10% 0
16566.095
1/7/2015 7.5% 1242.4571
17808.552
1/7/2016 10% 0
17808.552
01/07/2017 (10%) 0
17808.552
01-07-2018 (10%) 0
17808.552
01-07-2019 (10%) 0
17808.552
 01-07-2021 (10%) 0
17808.552
01-07-2022 (15%) 2671.2828
20479.835
Ardali Allowance 0
Total Pension (ex Medical) 20479.835

Medical Allowance Previous 1/7/2015 Total

BPS-01 to BPS-15 3601.33 900.33 4501.66
BPS-16 to BPS-22 2881.06 720.27 3601.33

Net Pension
BPS-01 to BPS-15 24981.49
BPS-16 to BPS-22 24081.16
ongwith Increases in Pension in Various Years
NJAB
Decriptions (Instructions)
st Allowance, Personal Pay, Usual Increment (If any) Usual Increment is allowed if you retired on

ull year then one year will be added in it (Don’t Enter more than 30 if the service exceeds 30

ven a single day more than a full year then the next year will be taken for age rate

Age Rate Table

S-01 to 15
No. of year
www.glxspace.com Age Next B.Day purchased
22162.00 20 40.5043
14405.30 21 39.7341
7756.70 22 38.9653
1151581.40 23 38.1974
20479.83 24 37.4307
4501.66 25 36.6651
24981.49 26 35.9006
27 35.1372
28 34.375
29 33.6143

Age Rate 30 32.8071

31 32.0974
32 31.3412
33 30.5869
34 29.8343
35 28.3362
36 28.3362
37 27.5908
38 26.8482
39 26.1009
40 25.3728
41 24.6406
42 23.9126
43 23.184
44 22.4713
45 21.7592
46 21.0538
47 20.3555
48 19.6653
49 18.9841
50 18.3129
51 17.6526
52 17.005
53 16.371
54 15.7517
55 15.1478
56 14.5602
57 13.9888
58 13.434
59 12.8953
60 12.3719
n & Commute Calculator

7 300 22162
65% 14405.3
35% 7756.7
1151581