Thursday, May 3, 2012

Karnataka issued order for revision of pension

ORDER NO. FD   81   PEN 2012  BANGALORE, DATED:  3rd MAY 2012.
Salient features of pensionary benefits :
Minimum Pension Rs 4800
Maximum Pension Rs 39,900
D.A. admissible as on 1.1.12 has been merged. Next D.A. will be due on 1.7.12
Amount of Gratuity enhanced to Rs 10 lakhs w.e.f. 01.04.2012

Revised pension and family pension:- 
9.1.  The revised pension and family pension of State Government servants who have retired or died while in service prior to 1.4.2012 shall be the total of the following: 
(i) Basic pension/family pension as on 1.4.2012. 
(ii) Dearness Allowance of 76.75% of basic pension /family pension admissible as on 1.1.2012 
(iii)  22.50% of basic pension /family pension  as on 1.4.2012 (Interim Relief of 15% sanctioned in the  
Government Order No. FD(Spl) 265 PEN 2011 dated 22.11.2011 shall stand absorbed in this increase of 22.50%). The payment of Interim Relief of 15% is discontinued from 1.4.2012. 
The total amount computed as per (i) to (iii) above shall be subject to a  minimum of Rs.4800/- per month for pension/family pension and maximum of Rs.39900/- per month and  Rs.23940/- per month in respect of pension and family pension respectively.
View the Order






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