8th Pay Commission Revised Pension Calculations: The central government has a large number of pensioners, plus there is a large workforce that will retire from their service soon. Like active employees, these pensioners will also benefit from the 8th Pay Commission. The fitment factor, which is a multiplier for salary and pension revision, will determine the amounts these pensioners will get in their pension amount once the 8th Pay Commission’s recommendations are implemented.
What if you are a Level 3, 4, 5, 6, or 7 employee and just about to retire, or you are a pensioner who is already getting the same pension that these employees will get post retirement?
What may be your revised pension if the 8th Pay Commission (8th CPC) decides on a 1.92, 2.04, 2.28, or 2.57 fitment factor? See our estimates to know.
Calculations for story
For our calculations, we are selecting employees of the below-mentioned basic salaries.
We are assuming this to be their last-drawn basic pay at retirement and also assume that their pension will be 50 per cent of their last-drawn basic pay.
E.g., if an employee has Rs 70,000 as their last-drawn average basic pay, we will assume they will get Rs 35,000 as the basic pension.
We will also include a 55 per cent dearness allowance (DA) to their salary.
We will calculate the estimated revised pension at 1.92, 2.04, 2.28, and 2.57 fitment factors.
Level 3 last-drawn basic pay Rs 35,000
| Basic pay+DA (55%) |
₹54,250 |
| Basic pension on this basic pay+DA |
₹27,125 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹52,080 |
| At 2.04 fitment factor |
₹55,335 |
| At 2.28 fitment factor |
₹61,845 |
| At 2.57 fitment factor |
₹69,711 |
Level 3 last-drawn basic pay Rs 48,500
| Basic pay+DA (55%) |
₹75,175 |
| Basic pension on this basic pay+DA |
₹37,588 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹72,168 |
| At 2.04 fitment factor |
₹76,679 |
| At 2.28 fitment factor |
₹85,700 |
| At 2.57 fitment factor |
₹96,600 |
Level 4 last-drawn basic pay Rs 41,000
| Basic pay+DA (55%) |
₹63,550 |
| Basic pension on this basic pay+DA |
₹31,775 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹61,008 |
| At 2.04 fitment factor |
₹64,821 |
| At 2.28 fitment factor |
₹72,447 |
| At 2.57 fitment factor |
₹81,662 |
Level 4 last-drawn basic pay Rs 55,100
| Basic pay+DA (55%) |
₹85,405 |
| Basic pension on this basic pay+DA |
₹42,703 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹81,989 |
| At 2.04 fitment factor |
₹87,113 |
| At 2.28 fitment factor |
₹97,362 |
| At 2.57 fitment factor |
₹109,745 |
Level 5 last-drawn basic pay Rs 46,800
| Basic pay+DA (55%) |
₹72,540 |
| Basic pension on this basic pay+DA |
₹36,270 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹69,638 |
| At 2.04 fitment factor |
₹73,991 |
| At 2.28 fitment factor |
₹82,696 |
| At 2.57 fitment factor |
₹93,214 |
Level 5 last-drawn basic pay Rs 61,000
| Basic pay+DA (55%) |
₹94,550 |
| Basic pension on this basic pay+DA |
₹47,275 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹90,768 |
| At 2.04 fitment factor |
₹96,441 |
| At 2.28 fitment factor |
₹107,787 |
| At 2.57 fitment factor |
₹121,497 |
Level 6 last-drawn basic pay Rs 52,000
| Basic pay+DA (55%) |
₹80,600 |
| Basic pension on this basic pay+DA |
₹40,300 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹77,376 |
| At 2.04 fitment factor |
₹82,212 |
| At 2.28 fitment factor |
₹91,884 |
| At 2.57 fitment factor |
₹103,571 |
Level 6 last-drawn basic pay Rs 68,000
| Basic pay+DA (55%) |
₹105,400 |
| Basic pension on this basic pay+DA |
₹52,700 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹101,184 |
| At 2.04 fitment factor |
₹107,508 |
| At 2.28 fitment factor |
₹120,156 |
| At 2.57 fitment factor |
₹135,439 |
Level 7 last-drawn basic pay Rs 70,000
| Basic pay+DA (55%) |
₹108,500 |
| Basic pension on this basic pay+DA |
₹54,250 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹104,160 |
| At 2.04 fitment factor |
₹110,670 |
| At 2.28 fitment factor |
₹123,690 |
| At 2.57 fitment factor |
₹139,423 |
Level 7 last-drawn basic pay Rs 81,200
| Basic pay+DA (55%) |
₹125,860 |
| Basic pension on this basic pay+DA |
₹62,930 |
| Revised estimated basic pension |
|
| At 1.92 fitment factor |
₹120,826 |
| At 2.04 fitment factor |
₹128,377 |
| At 2.28 fitment factor |
₹143,480 |
| At 2.57 fitment factor |
₹161,730 |
(Disclaimer: These are projections. Actual revised pension amounts may vary.)
