AN officer who at the time of retirement has held a substantive rank specified in column 1 of the Table below and who has rendered qualifying service for a period not less than that specified in the corresponding entry in column 2 of that Table may be granted service pension at the rate specified in the corresponding entry in column 3 of the said Table:
Provided that the service pension of an officer who at the time for retirement held the substantive rank of Lieutenant Commander may, if the conditions specified in Appendix IV are fulfilled, be assessed on the paid acting rank held by him at the time of retirement.
TABLE ___________________________________________________________ Rank Period of service Rate of pension ____________________________________________________________ 1 2 3 ____________________________________________________________
(a) General List Officers Years Rs. Per mensem Lieutenant 20 425 Lieutenant Commander 22 550 Commander 24 675 Captain (less than 5 years in rank) 26 750 Captain (5 years or more in rank) 28 825 Rear Admiral 30 875 Vice Admiral 30 900 Admiral 30 1000
(b) Branch List Officers Commissioned Officers 23 90 Senior Commissioned Officers 25 220 ___________________________________________________________