Calculate Basic Pension, Monthly Pension, Pension Arrear Payable or Recoverable & Commutation Amount Payable on Salary Revision of Bank Pensioners Retired after 01.11.22 as per Joint Note / Salary Revision dated 08.03.24
Calculate Pension Arrear Payable or Recoverable ▼ ▲
Enter month of your Retirement to calcuate the arrears (+/-) for the period pension drawn after retirement.
Click button "Calculate-Arrears". On the basis of your inputs at column 1 & 3 your presently drawing basic pension at column "A" and monthwise already pension recieved, expected pensoin to be recieved with arrears payable / recoverable will be displayed.
Please note :- If there is difference with your basic pension presently fixed by your bank, please click "Back" button and enter correct inputs at column 1 & 3.
Enter your month of retirement and the salary drawn (average of last ten months). Increment Component of FPP,PQP, workmen's Special pay & Officiating Allowance be taken as part of salary here (i.e. the amount ranked for PF deductions)
Enter Your Month of Retirement
A
Your current basic Pension
B
Your Basic Pension after commutation
IMPORTANT - If you notice there is a differecne the amount calculated in above Columns "A" & "B" with the actual amount approved by your bank. It represents that the details entered in columns 1 & 3 might not be correct. To get correct calculations of actual pension drawing since from your retirement in below arrears calculations, you may update the correct amount in columns "C" & "D" or enter correct details in column 1 & 3. Please note that the revised pension will remain be calculated on the basis of the details entered at columns 1 & 3.
C
Basic Pension Calculated by your Bank
D
Basic Pension after Commutation Calculated by your Bank
Users are requested to write us for correction of errors / omissions in calculations, if any, noticed. The calculations provided here will be amended on an ongoing basis to remove errors noticed by us / advised by the users or to incorporate changes as regards to any development in wage / salary revision comes or to make it more user friendly. Please keep on visitng to remain in touch with the updates of calculations provided here.
Please note - Computation provided here are only indicative of tentative amount of revised pay / pension / commutation are based on assumptions and website does not claim that the calculations and the results displayed are correct, complete and up-to-date.