Dear Friends,
Please visit the URL given below and read the letter issued by MoD, Dept of ESW, on 30 OCT 2009. This letter waives off the the stipulation of 33 years of service for all defence officer pensioners who retired after 1.1.2006. The Govt will now calculate their pension @ 50% of the last emoluments drawn or the average of last ten months', whichever is more beneficial to the individual.
Removal of 33 years stipulation post 2006 Retirees
All of us who retired before 1.1.2006, should ask for the same yardstick to be applied to our cases as well. This will ensure equitable justice.
This will mean that all of us with 20 yrs of "Qualifying ServiceS (QS)" will become entitled to the pension currently being given for 33 years of weighted service. That pension is currently based on the minimum reckonable emoluments under the existing pay band for those who are still in service.
I now request all ESM organisations to take up this point and ask the government to implement this yardstick. When accepted, we all with 20 years or more of QS will stand to gain substantially. I do not have the figures for all the ranks but for Lt Cols and equivalent, the pension will be Rs 25,700 pm, both for S and TS categories. Their current entitlement at 20 yrs of QS is Rs 21,028 and 19,470 respectively.
Pension cell of IESM may like to go into it and guide us all please.
We all should treat this demand as a step towards our ultimate goal of OROP.
Regards.
Cdr K K Punchhi (Retd)
Saturday, December 12, 2009
Military Pension: Removal of 33 years stipulation
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Neither the "Report my Signal -Blogs" nor the individual authors of any material on these Blogs accept responsibility for any loss or damage caused (including through negligence), which anyone may directly or indirectly suffer arising out of use of or reliance on information contained in or accessed through these Blogs.
This is not an official Blog site. This forum is run by team of ex- Corps of Signals, Indian Army, Veterans for social networking of Indian Defence Veterans. It is not affiliated to or officially recognized by the MoD or the AHQ, Director General of Signals or Government/ State.
The Report My Signal Forum will endeavor to edit/ delete any material which is considered offensive, undesirable and or impinging on national security. The Blog Team is very conscious of potentially questionable content. However, where a content is posted and between posting and removal from the blog in such cases, the act does not reflect either the condoning or endorsing of said material by the Team.
Blog Moderator: Lt Col James Kanagaraj (Retd)
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