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Last modified / updated Jan. 01, 2016

Pre-Revised Pay Vs. Revised Pay
Stage Wise w.e.f. 01.11.2012 as per
Joint Note / Wage Settlement Dated 25.05.15

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  • New - Bank Salary Calculator 4all Cadre
    Select Basic Pay Drawn
    Revised Basic Pay
    PQP Drawn
    Revised PQP
    FPP
    Your Revised FPP

    For Calculations Please :-

    Enter Your Salary Drawn Details for the last ten Months of Retirement/VRS in table No. 1 and revised Salary details (given above) be filled in table No. 2 (only Increment Component of FPP/PQP as above be filled).

    Shortcut Steps - In case you have drawn same Basic/FPP/PQP/SA for the last 10 months - you may enter pay components in one row by multiplying it by 10( i.e. for BPay 14500 x 10 = 145000 ) in Table No. 1 and in same way enter your details in one row of revised pay in table No. 2.

    The 10 months input of details is provided that in many case employees gets Increment / FPP / PQP / SA and moreover officiating may also not remain same for all the last 10 months.

    Table No.1

    Qualifying Year of Service for Pension as per your PPO -- Maximum Service is 33 for Pension Purpose
    (e.g. 26yr 7mths=27 yrs & in case of VRS 27 + remaining year of service max of 5 yrs, in case remaining 7 year, service for pension=32 yrs )
    Retirement on Superannuation / Change Age in case of VRS accordingly (completed years)
    Default Age taken here as 60 of retirement on superannuation
    S.No.Basic PayFPPPQPSAOff
    12345
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    Gross Total of Pay
    Average of 10 Months Pay
    Basic Pension
    Commutation of 1/3 of Basic Pay
    Basic Pension After 1/3 Commutation
    DA Payable (@114.75)
    Pension Payable
    Commutation Amount
    Your Commutation Factor

    Table No.2

    S.No.Basic PayFPPPQPSAOff
    12345
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    Total of Grade Pay (New in this Settlement Workmen & Off. I-III @7.75%,Off.IV-V @10%,Off. VI-VIII @11%)
    Gross Total of Pay
    Average of 10 Months Pay
    Revised Basic Pension
    Commutation of 1/3 of Revised Basic Pay
    Revised Basic Pension After 1/3 Commutation
    Revised DA Payable (@36.40)
    Revised Pension Payable
    Revised Commutation Amount
    Arrear of Commutation Amount Payable
    Present Monthly Pension to be reduced By Rs.










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