Reckonable Emoluments for Retiring Pension
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The reckonable emoluments for retiring pension shall comprise of pay in pay band,grade pay, military service pay and NPA, if any, last drawn.
Calculation of Retirng Pension
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The retiring pension of commissioned officers retiring / invalided out on or after 1.1.06 is calculated at 50% of emoluments last drawn or average of reconable emoluments drawn during last 10 months, whichever is more beneficial.
Minimum Pension
- W.E.F.1-1-2006, minimum retiring pension is Rs. 3500/- PM
Maximum Pension
- W.E.F 1.1.06, Maximum Retiring pension is Rs. 45000/- P.M. For example a General getting Rs. 90000/- pay will be entitled for Rs. 45000/- P.M. pension.
