Dear Mr Gangadharan,
- Referring to the comparative calculations given by Mr P Mohan, the so called reduction in net pension is not real as a post 11/2012 retiree also receives the difference in commuted pension along with arrears of difference in pension. As a result the deduction towards the higher commuted value of pension is bound to be higher. The gross monthly pension is more than the pension received by a similarly placed pre-Nov 12 retiree.So there is no Damocle's sword hanging in the latest dispensation as feared.
Greetings.
C H Mahadevan