Pension is calculated on the basis of average emoluments drawn by the employee during the last ten months of service.
· When qualifying service = 33 years
Pension = (Avg. emoluments of last months) / 2
· When qualifying service is less than 33 years
Pension = (Avg. emoluments of last months)/2 x No. of half year periods /66
No .of half year periods = 2 X Q.S*( in years)
If Q.S = 32 years , No.of half year periods = 2 X 32 = 64
* Q.S – Qualifying service
Note:- Minimum pension payable is Rs. 3025 per mensem.