Thursday, June 4, 2015

Arrear Calculator For Pensioners And Working Employees

Pension Calculators As Per 10th BPS-
By Sudhir Mulherkar
(Source : allbankingsolutions.com--- By Rajesh Goyal)


As promised by Mr Sudhir Mulherkar, we are now providing Pension calculator   
Frankly speaking, Pension Calculator  is quite complex issue as the pension under 10th BPS has been reduced and UFBU is defending that it is being off set by the increased commutation amount.   However, pensioners are not happy as increased commutation has always been part of the revised pay structure alongwith increase in Pension 
 
     Anyway, this calculator may need certain fine tunings and thus pensioners are requested to calculate their superannuation benefits and pension from the calculator and those who have good knowledge should recheck the same manually and send their suggestions to Mr Sudhir Mulherkar directly.
 
 Pension Calculator - Version 1)  sent by Mr Sudhir Mulherkar of BoI, HO.   Suggestions can be sent to his mail id : sudhir.mulherkar.sm@gmail.com   (Version 1 was uploaded on 04/06/2015 (morning) 
 
 
Bank Wage Revision Arrear Calculators
 
For Working Employees
 
You can always convey the suggestions and / or any errors noticed in these calculators to the authors of these calculators directly.
 
(a) Bank Arrear Calculator ((version 3.1 )  sent by Mr Ashwani Suri of PSB ZO Amritsar    Suggestions can be sent to his mail id : suri.wagerevision@gmail.com   (Revised version 3.1  was uploaded on 28/05/2015 (Morning) after final settlement)
 
(b) Bank Arrear Calculator - Final (version 2)  sent by Mr Sudhir Mulherkar of BoI, HO.   Suggestions can be sent to his mail id : sudhir.mulherkar.sm@gmail.com   (Revised version Final 2 was uploaded on 02/06/2015 (Evening)  after final settlement)  

 
 
DISCLAIMER : This Pension Calculator is a free tools contributed by a banker who have excellent knowledge of EXCEL.   He  has done his best to make this calculators as accurate as possible and has done only in his personal capacity.    However, if any error occurs, neither the creators of these calculators  nor AllBankingSolutions.com will be responsible for such mistakes.  The readers will be using these at their own risk and responsibility.
 
 
 
"Govt has approved in principle full day holiday on 2nd and 4th Saturday as agreed earlier. Likely to be implemented from July after formal notification" Sudharshan , President ,AIBOC.

IBA Clarifies Responding to a query raised by media persons Shri T M Bhasin, Chairman, IBA clarified that Adhoc arrears w.e.f. 1 st November 2012 will be paid by the Banks to the Workmen as well as Officer Staff members immediately after approval by the Boards of respective Banks.


 As regards workmen the new scales will be adopted by the Boards of respective banks and shall be implemented soon thereafter. For Officers, the new scales will be implemented after due process of ap...
proval of Revised Officer Service Regulations by the Govt. of India and adoption by the respective Board of Directors of various Banks.

 However, in the meantime officers also will be paid arrears and salary based on new scale on an Adhoc basis with the approval of the Government.
May 26, 2015

 
 
 
 
 
 

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