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Superannnuation Pension


Superannuation pension is granted to a Govt. servant who is retired on his attaining the age of compulsory retirement. The age of compulsory retirement for all Central Govt. employees except class-IV was 55 years before 1.12.1962. Class-IV employees superannuated at the age of 60 years. With effect from 1.12.1962 the superannuation age of Group 'A', Group 'B', and Group 'C' was raised from 55 years to 58 years. The age of superannuation in respect of all Central Govt. servants is 60 years w.e.f. 13.05.1998.

Model Calculation: Superannuation Pension


Details of Pay Drawn during the last ten months period preceding the Date of Retirement and Average Emoluments:

Post

Class-2

Date of Birth

15.04.1941

Date of Appointment

26.12.1963

Date of Retirement

30.04.2001

Qualifying Service

37 years 04 Months 5 Days


From To Period Pay Total
1.7.2000
31.12.2000
6 Months
11575
69450
1.1.2001
30.04.2001
4 Months
11850
47400
10 Months
1,16,850

Average Emoluments

1,16,850/10 = 11,685

Pension for 33 Years of Service

50% of 11,685 = Rs.5842.50

Say Rs. 5843/-

Superannuation Pension @ Rs. 5843/- per month w.e.f. 01.05.2001 for life.
Next Topic : Qualifying Service
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