In case of doubt, in the matter of application of these regulations, regard may be had to the corresponding provisions of Central Civil Services Rules, 1972 or Central Civil 71 Services (Commutation of Pension) Rules, 1981 applicable for Central Government employees with such exceptions and modifications as the Bank, with the previous sanction of the Central Government, may from time to time, determine.
Sd/- P. N. RATTAN, General Manager APPENDIX - I (See Regulation 35) The formula of updating basic pension and additional pension in respect of employees who retired between the 1st day of January, 1986 and the 31st day of October, 1987 shall be as under :
A.
B.
C.
1. Basic pension shall be increased by an amount of;
(a) 50 per cent of first Rs.1000 of the average emoluments reckonable for pension.
(b) 45 per cent of next Rs.500
(c) 40 per cent of the average emoluments reckonable for pension exceeding Rs.1500 Total of (a + b + c) 50 per cent of the average monthly emoluments for the last 10 months in service prior to retirement Dearness Relief at index number 600 in the All India Average Consumer Price Index for Industrial Workers in the series 1960 = 100, on basic pension calculated at (1) above, as per Table given below :
Rs Rs.
Rs Rs. (A) Rs., (B) Rs ( q 72 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC 4 D.
E.
Total increased basic pension = (B) + (C) x Number of years' of qualifying service (maximum 33 years) 33 Basic pension as on 1.11.1993 (Rounded off to the next higher rupee) Rs (n) Rs. (E)
(2) For increase in the additional pension, amount of special allowances counted for making contributions to Provident Fund will be increased with reference to the quantum of special allowances ranking for Provident Fund as per the Service Regulations or Settlements, as the case may be.
TABLE Rates of dearness relief worked out at index number 600 in the All India Average Consumer Price Index for Industrial Workers in the series 1960 = 100 for all classes of employees who retired during the period 1.1.1986 to 31.10.1987.
(a) Employees in subordinate staff cadre
(b) Employees in clerical staff cadre drawing pension upto Rs.756/- per month.
80.40 per cent of pension calculated at A(1) above 67 per cent of pension calculated at A(1) above
(c) Employees in clerical staff cadre drawing pension of Rs.757/- per month and above will be eligible for dearness relief as under :
Amount of basic pension drawn per month Rs.
757 - 797 - 805 - 825 - 845 - 865 - 885 - 905 - 925 - 945 - 796 804 824 844 864 884 904 924 944 964 The amount of dearness relief admissible Rs.
508.00 J34.00
540.00
553.00
567.00
580.00
593.00
607.00
620.00
634.00 73 965 985 1005 1025 1045 1065 1085 - 984 - 1004 - 1024 - 1044 - 1064 - 1084 & above
647.00
660.00
674.00
687.00
701.00
714.00
727.00
(d) Employeesin officer cadre shall be eligible for dearness relief as under ;
(i) For those drawing basic pension upto Rs.765/- per month;
(ii) For those drawing basic pension from Rs.766/- to Rs.1165/- per month;
(iii) For those drawing basic pension of Rs.1166/- per month or above;
66 per cent of the amouni of pension calculated as at A(1) above subject to a maximum of Rs.500 Rs.500
42.90 per cent of amount of pension calculated as at A(1) above subject to a maximum of Rs.715.
APPENDIX - II (See Regulation 37) Dearness relief on basic pension shall be as under:
(1) m the case of employees who retired on or after the 1st day of January, 1986, but before the 1st day of November, 1993, dearness relief shall be payable for every rise or be recoverable for every fall, as the case may be, of every 4 points over 600 points in the quarterly average of the All India Average Consumer Price Index for Industrial Workers in the series 1960 = 100. Such increase or decrease in dearness relief for every said four points shall be calculated in the manner given below :
Scale of basic pension per month (D
(i) Upto Rs.1250
(ii) Rs.1251 to Rs.2000 The rate of dearness relief as a percentage of basic pension
(2)
0.67 per cent
0.67 per cent of Rs.1250*plus 0.55 per cent of basic pension in excess of Rs.1250 2386 GI/95 74 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4
(iii) Rs.2001 to Rs.2130
(iv) Above Rs.2130
0.67 per cent of Rs.1250 plus 0.55 per cent of the difference between Rs.2000 and Rs.1250 plus
0.33 per cent of basic pension in excess of Rs.2000
0.67 per cent of Rs.1250 plus 0.55 per cent of the difference between Rs.2000 and Rs.1250 plus
0.33 per cent of the difference between Rs.2130 and Rs.2000 plus
0.17 per cent of basic pension in excess of Rs.2130.
(2) In the case of employees who retire on or after the 1st day of November, 1993, dearness relief shall be payable for every rise or be recoverable for every fall, as the case may be,of every -4- points over -1148- points in the quarterly average of the All India Average Consumer Price Index for Industrial workers in the series 1960-100.
Such increase or decrease in dearness relief for every said four points shall be calculated in the manner given below:- Scale of basic pension per month
(1)
(i) Upto Rs.2400
(ii) Rs.2401 to Rs.3850
(iii) Rs.3851 to Rs.4100 The rate of dearness relief as a percentage of basic pension
(2)
0.35 per cent
0.35 per cent of Rs.2400 plus 0.29 per cent of basic pension in excess of Rs.2400
0.35 per cent of Rs.2400 plus 0.29 per cent of the difference between Rs.3850 and Rs.2400 plus
0.17 per cent of basic pension in excess of Rs.3850 ^5
(iv) Above Rs.4100 0.35 per cent of Rs.2400 plus 0.29 per cent of the difference between Rs.3850 and Rs.2400 plus
0.17 per cent of the difference between Rs.4100 and Rs.3850 plus
0.09 per cent of basic pension in excess of Rs.4100.
(3) Dearness relief shall be payable for the half year commencing from the 1st day of February and ending with 31'st day of July on the quarterly average of the index figures published for the months of October, November and December of the previous year and for the half year commencing from the 1st day of August and ending with the 31st day of January on the quarterly average of the index figures published for the months of April, May and June of the same, year.
(4) In the case of family pension, invalid pension and compassionate allowance, dearness relief shall be payable in accordance with the rates mentioned above.
(5) Dearness relief will be allowed on full basic pension even after commutation.
(6) Dearness relief is not payable on additional pension.
APPENDIX - HI (See Regulation 39) The ordinary rates of family pension shall be as under :
(a) In respect of employees other than part-time employees retired before 1.11.1993.
Scale of pay per month
(1) Upto Rs.1500 Amount of monthly family pension
(2) 30 per cent of the 'pay' shall be the basic family pension plus 30 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall not be less than Rs.375 per month.
76 THE GAZETTE OF INDIA : EXTRAORDINARY TPARI III—SEC. 4 Rs.1501 to Rs.3000 Above Rs.3000 20 per cent of the 'Pay' shall be the basic family pension plus 20 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall not be less than Rs.450 per month.
15 per cent of the 'Pay' shall be the basic family pension plus 15 per cent of allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall not be less than Rs.600 per month and more than Rs.1250 per month.
(b) In respect of employees other than part-time employees retired or retiring on or after
1.11.1993.
Scale of pay per month
(1) Upto Rs.2870 Rs.2871 to RS.5740 Amount of monthly family pension
(2) 30 per cent of the 'pay' shall be the basic family pension plus 30 per cent of the allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs.720 per month.
20 per cent of the 'Pay' shall be the basic family pension plus 20 per cent of the allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs.860 per month.
77 Above Rs. 5740 15 per cent of the 'Pay' shall be the basic family pension plus 15 per cent of the allowances which are counted for making contributions to Provident Fund but not for dearness allowance shall be the additional family pension. The aggregate of basic and additional family pension shall be subject to a minimum of Rs. 1150 per month and a maximum of Rs. 2400 per month.
Notes :
(1) Dearness relief is not payable on additional family pension.
(2) Scale of pay for the purpose of calculation of family pension as above shall be the aggregate of "Pay" as defined in sub-clause (r) of Regulation 2 and "allowances" as defined in the explanation to sub-regulation (3) of Regulation 33.
(3) In the case of a part-time employee, the minimum amount of family pension and maximum amount of family pension shall be in proportion to the rate of scale wages drawn by the employee.
APPENDIX - IV (See Regulation 27) Actual service on scale wages rendered on permanent part-time basis in one week Six hours or more but upto 13 hours;
More than 13 hours but upto 19 hours;
More than 19 hours but upto 29 hours;
More than 29 hours Length of corresponding qualifying service for each year of service rendered on permanent part-time basis for calculating the amount of pension One third of a year One half of a year Three fourth of a year One year Sd/— P. N. RATTAN, General Manager 2395 GI/95 Printed by the Manager, Govt of Indm Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications., Delhi-11005'), 1995