Retiring Pension : Voluntary Retirement (Age based)
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Any Govt. servant, if he is in Group-A or Group-B service or post, may by giving notice of not less than 3 months, in writing to the appropriate authority retire from service voluntarily after he has attained the age of 50 Years and had entered Govt. service before attaining the age of 35 years and in all other cases after he has attained the age of 55 years.
Model calculation: Voluntary Retirement (age based):
Post | Class-III |
Date of Birth | 22.07.1955 |
Date of Appointment | 01.11.1979 |
Date of Retirement | 01.09.2010(After attaining age of 55 yrs.) |
Qualifying Service | 30 years & 10 months |
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Details of Pay Drawn during the last ten months period preceding the Date of Retirement and Average Emoluments
From |
To |
Period |
Pay + GPay |
Total |
| 1.11.2009 |
30.03.2010 |
5 Months |
18890 |
94450 |
| 1.04.2010 |
31.08.2010 |
5 Months |
19270 |
96350 |
| | Total | 10 Months | |
190800 |
| Average Emoluments | |
190800/10 |
| |
19080 |
| Last Pay Drawn |
|
19270 |
| Pension |
| 50% of average emoluments or Last pay drawn, whichever is beneficial |
| |
50% of 19270 = 9635 |
Retiring Pension @ Rs. 9635/- per month w.e.f. 01.09.2010 for life.
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