ALL VETERANS ARE REQUESTED TO SEE THE WEB SITE & GIVE YOUR VALUABLE COMMENTS/SUGGESTIONSGet this Widget

Friday, 30 December 2016

EASY METHOD OF CALCULATION OF ARREARS OF DE-LINKING OF 33 YRS – CDA CIR -568

. Even though the Circular 568 was issued on 13-10-2016, Still many veterans have not received their arrears.
Some Banks are finding it difficult in calculation. This circular is applicable to Pre-2006 retirees only.

It is not applicable for 28 yrs and above qualifying service.

It is not applicable to Family pensioners provided they were paid correct rate of pension.

How to calculate Arrears:

Take Cir 568-Annexure B Army.

Take an Example of a Havildar- group- Y QS: 17yrs.
The Minimum Guaranteed Pension is 5820.
His pension shall not be less than this from 1-1-2006 to 1-7-2014 (OROP)

Now see the Position:

Eligible pension from 1-1-2006 as per Cir 568…5820. Paid as per Cir 547 w.e.f 1-1-2006…..4194 - Difference :5820-4194 = 1626 Arrears from 1-1-06 to 30-6-2009=1626 X46.02=74825…(1)

Paid as per Cir 430 w.e.f 1-7-2009…..5038 Difference: 5820-5038=782 Arrears from 1-7-2009 to 23-9-2012= 782X57.62=45058..(2)

Paid as per Cir 501 w.e.f 24-9-2012…5762 Difference: 5820-5762=58 Arrears from 24-9-2012 to 30-6-2014= 58X39.76= 2306. .(3)

Total arrears …74858 +45058 + 2306 = 122189…..

From 1-7-2014, the OROP is paid which is more than 5820.

This is the way to calculate- The only difficulty is to find out the Rates as per ]Cir 547, 430 and 501.
Each one of us can calculate our Arrears . You can compare the amount with the Pass book.
If the pensioner died after 1-1-2006, his NOK is eligible For arrears from 1-1-2006 to the date of death as LTA.

You can visit our web site  http://indianmilitaryveterans.blogspot.com for online calculation of arrears.

Dear veteran brothers, please discuss among yourselves And help each other

Blog Archive

Disclaimer

The contents posted on these Web Site are personal reflections of the Viewers and do not reflect the views of the "Indian Military Veterans- Web" Team. Neither the "Indian Military Veterans -Web" nor the individual authors of any material on these Web 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 Web.
This is not an official Web site. This forum is run by team of ex- Indian Army, Veterans for social networking of Indian Defence Veterans. It is not affiliated to or officially recognized by the MoD or the AHQ, or Government/ State.
The Indian Military Veterans Forum will endeavor to edit/ delete any material which is considered offensive, undesirable and or impinging on national security. The WebTeam is very conscious of potentially questionable content. However, where a content is posted and between posting and removal from the Web in such cases, the act does not reflect either the condoning or endorsing of said material by the Team.
Web Moderator: Capt KS Ramaswamy (Retd)

Resources


JOIN SITE AS MEMBER AS ABOVE & TYPE YOUR E-MAIL ADDRESS HERE FOR AUTO E-MAIL UPDATES