tag:blogger.com,1999:blog-887417032418581687.post4391736835639526543..comments2024-03-09T23:16:40.848+05:30Comments on Bank Pensioner: Letter from Department of Financial Services ( DFS ) to Chief Executives of all PSBsChandrashkhar Belsarehttp://www.blogger.com/profile/09395877357361329261noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-887417032418581687.post-61538881804185959042016-01-31T20:28:48.219+05:302016-01-31T20:28:48.219+05:30Very Informative.Very Informative.Manohara Rao Nukalahttps://www.blogger.com/profile/01831075962722760060noreply@blogger.comtag:blogger.com,1999:blog-887417032418581687.post-24774700576889377722016-01-17T16:06:28.610+05:302016-01-17T16:06:28.610+05:30Just happened to go through the Bank Pension Calcu...Just happened to go through the Bank Pension Calculator of http://bankpensioner.blogspot.in/ I find the Commutation factor is older one.If The commutation factor of Central government is followed then the factor totally changer as per http://pensionersportal.gov.in/comm_table_6CPC.pdf Therefore the calculator seems to be misleading as far as Commutation of pension is concerned. Further if New Pension Rules of Central Government is followed then Pension is calculated as 50% of Last Pay drawn or Average emoluments of of last 10 months which ever is more. This also needs to be incorporated.markhttps://www.blogger.com/profile/10388129531971672456noreply@blogger.com