Dear Veteran, Regards.
The following email has been received from our veteran Balbir Singh and being posted on this blog for your comments.
Veteran Prabhjot Singh Chhatwal PLS Retd.
Though It was a good step forward by GOI to implement COS report in order to reduce the gap between old and new pensioners but the intended benefits would not be substantial for the pensioners retired with less than 28 years service. It is true that pensions of all pre 1-1-2006 pensioners to be reckoned with reference to a notional maximum in post 1-1-2006. Going by this rule, only pensioners retired with 28 years or more service will be getting 50 % pensions but the pension of the pensioners who retired with less than 28 years of qualifying service continue to be proportionately reducing. Since Grade Pays and MSP are the newly introduced elements by VI CPC and ( baring Grade Pays according to rank) these elements are almost FIXED ( Grade Pay is same for the same Rank and MSP is fixed, Rs. 2000/- for all). The actual 50% benefit of Grade Pay and MSP should be given to all. By reducing proportionately the whole, effect of these above two newly introduced element (Grade Pay & MSP) on pension being actually coming down to 32 %. In simple words these both elements should not be subjected to reduce proportionately. Only the portion of the element reckoned with reference to a notional maximum in post 1-1-2006 should be subjected to reduce proportionately. Going by the above facts gap between the pensions can be further minimized as per the analysis (for Y Group) given on next page.
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