Sunday, August 28, 2016
Monday, August 15, 2016
Chasing an Aircraft
This is a news clip from BusinessLine supplement dt 13th August. You may wonder how this relates to ISRO retirees. But, a couple of ISRO employees, in 1975/76, have experienced something like this, at Trivandrum Airport ! Oh ... not convincing ! ? I'll not tell you everything about it right now. I can mention a few key words. That's all right now !
RH 300 rocket, First Indian missile, BSF, Test flights, Barmer Rajasthan !!
RH 300 rocket, First Indian missile, BSF, Test flights, Barmer Rajasthan !!
Saturday, August 6, 2016
Pension Calculator - and Arrears
If you are not sure of how to calculate your 7CPC revised pension and arrears ( based on Govt orders dt. 4-8-2016) , I suggest , please use the GConnect Pension Calculator .
Click the GConnect link below to compute your Pension and Arrears.
But, I am sure, as an ISRO retiree, you know it better how to compute your pension and arrears. If that's my ego, please forgive me ....
Click the GConnect link below to compute your Pension and Arrears.
Revised Pension orders issued - Good and Bad
The news is good and bad !
The good thing is that the Govt has issued orders on 7CPC revised pension. This is based on the 2.57 multiplication factor (Option 2 of 7CPC recommendations) . As you all would know, the increase in pension is just 14.2 %
This doesnot implement the OROP as per the PayMatrix recommended by 7CPC (Option 1 of 7CPC recommendations). Let's hope that the "Committee for review of feasibility of implementing the Option 1 " will bring us good news !
To calculate your revised pension ?? Just multiply your present (as per 6CPC) basic pension by 2.57. That's your gross pension. Subtract the commutation element , and that's your net pension receivable.
(This is without the age based additional pension ).
See the next post to read/download the Govt Orders
The good thing is that the Govt has issued orders on 7CPC revised pension. This is based on the 2.57 multiplication factor (Option 2 of 7CPC recommendations) . As you all would know, the increase in pension is just 14.2 %
This doesnot implement the OROP as per the PayMatrix recommended by 7CPC (Option 1 of 7CPC recommendations). Let's hope that the "Committee for review of feasibility of implementing the Option 1 " will bring us good news !
To calculate your revised pension ?? Just multiply your present (as per 6CPC) basic pension by 2.57. That's your gross pension. Subtract the commutation element , and that's your net pension receivable.
(This is without the age based additional pension ).
See the next post to read/download the Govt Orders
Friday, August 5, 2016
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