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Monday, November 16, 2015

An apology from SN




In continuation of Note, " Life is a compromise with the reality", posted in PC on 14-11-2015. Kindly read the relevant paragraph , reproduced below, duly corrected.
"Hurry burry spoils...the curry", the learned say. I must at least say sorry for the errors. I'm profoundly sorry.

" Sorry, there can be no immediate remedy to the problems of Shri Vijayaprasad. The loss would be comparatively less for who retired in September, 2012 to April, 2013 ( wrongly typed as Jan 2013 to April, 2013) or no loss to who retired on 31-05-2013 ( wrongly typed as 31-08-2012), till next revision of pay scales.: this is valid in respect of ADMs at par with Shri Vijayaprasad. "

As per extant rules, the pension receivable for the month of August, 2015 by Shri. ABC, ADM retired at the maximum at the end of ten months service in the new scale, that is, on 31-05- 2013, will be as under:
Rs.39070.00 : Basic FPA + Rs.11604.00 : DR = Rs.50674.00 minus Rs.13024.00 : Commutation = 
      Rs.37650.00 : Net of commuted amount. 
      Commutation as per revised pension: Rs.15.33 lakhs.

      If the rule is amended to fix pension based on the last pay drawn or ten months average, whichever is  more beneficial to the employee, as in GOI, the basic  pension of those retired in August, 2012 to April. 2013 will be the same as of employees retired in May, 2013. DR will be as per admissible rates.

      There will be, by and large, no disparities, in pension, when the pension updation is approved to re-fix pension on stage to stage basis ; same rank same pension with same length of service ; irrespective of date of retirement. The anomalies will be less in number and could be easily addressed by the office administration. 
      
SN.