7th Pay Commission Pension Formula:
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The 7th Pay Commission introduced a revised pension calculation formula that multiplies the old pension by 2.57 and adds the Dearness Allowance (DA) amount. This revision aims to provide better financial support to pensioners in line with current economic conditions.
The calculator uses the 7th Pay Commission formula:
Where:
Explanation: The formula accounts for inflation and cost of living adjustments through the multiplication factor and DA component.
Details: Pension revision under the 7th Pay Commission ensures retirees maintain their standard of living despite inflation and rising costs. The 2.57 multiplication factor bridges the gap between pre- and post-revision pay scales.
Tips: Enter your old pension amount in INR and the current DA percentage. The calculator will compute your revised pension amount including DA benefits.
Q1: Is the 2.57 factor applicable to all pensioners?
A: Yes, the 2.57 multiplication factor is standard for all pensioners under the 7th Pay Commission recommendations.
Q2: How often is DA revised?
A: DA is typically revised twice a year (January and July) based on inflation indices.
Q3: Are there additional benefits beyond this calculation?
A: Some pensioners may be eligible for additional benefits like medical allowances, which are not included in this basic calculation.
Q4: What if my pension was already revised once?
A: This calculator is for the initial revision from pre-7th CPC to 7th CPC scales. Subsequent revisions may follow different rules.
Q5: Where can I get official confirmation of my revised pension?
A: Always verify with your pension disbursing authority or concerned government department for official figures.