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History of Increased Pension & Commutation Tables

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Today I am going to give the detail of  History of Increased Pension & Commutation Tables. Various steps towards the increase in Pension since 01-07-1985 to 01-07-2013 and increase in commute has been explained with detail. Kindly appreciate that the summary is in my own words.  It is not possible to explain all the underlying conditions in this short statement.  Original government letter has to be seen for exact details.

And there may be some mistakes in this summary, so I will be happy if some correction is advised. These are federal government orders, and mostly followed by provincial governments. Before this the History of Adhoc Relief Allowances has also been published at this site.

 History of Pension

 

Commutation Tables

Find attached the tables introduced in 1986 and then in 2001.  Pictures of the original tables are also attached just to check that in my copying the figure in excel sheet are correct.  In case of any difference, the figures in the pictures may please be treated as correct.

 

a.n.b. means Age next birthday after retirement.
a.n.b. of persons retiring at 60 is deemed as 60 instead of 61

Table 1.7.1986

Table 4.9.2001

a.n.b

Years

a.n.b

Years

a.n.b

Years

a.n.b

Years

20

50.6304

51

22.0658

20

40.5043

51

17.6526

21

49.6676

52

21.2563

21

39.7341

52

17.0050

22

48.7066

53

20.4638

22

38.9653

53

16.3710

23

47.7467

54

19.6896

23

38.1974

54

15.7517

24

46.7884

55

18.9348

24

37.4307

55

15.1478

25

45.8314

56

18.2002

25

36.6651

56

14.5602

26

44.8758

57

17.4860

26

35.9006

57

13.9888

27

43.9215

58

16.7925

27

35.1372

58

13.4340

28

42.9688

59

16.1191

28

34.7350

59

12.8953

29

42.0179

60

15.4649

29

33.6143

60

12.3719

30

41.0089

61

14.8290

30

32.8071

61

11.8632

31

40.1218

62

14.2105

31

32.0974

62

11.3684

32

39.1767

63

13.6090

32

31.3412

63

10.8872

33

38.2336

64

13.0239

33

30.5869

64

10.4191

34

37.2929

65

12.4549

34

29.8343

65

9.9639

35

36.3551

66

11.9017

35

29.0841

66

9.5214

36

35.4203

67

11.3643

36

28.3362

67

9.0914

37

34.4885

68

10.8428

37

27.5908

68

8.6742

38

33.5603

69

10.3371

38

26.8482

69

8.2697

39

32.6361

70

9.8472

39

26.1009

70

7.8778

40

31.7160

71

9.3729

40

25.3728

71

7.4983

41

30.8007

72

8.9142

41

24.6406

72

7.1314

42

29.8907

73

8.4708

42

23.9126

73

6.7766

43

28.9800

74

8.0427

43

23.1840

74

6.4342

44

28.0891

75

7.6299

44

22.4713

75

6.1039

45

27.1990

76

7.2322

45

21.7592

76

5.7858

46

26.3172

77

6.8496

46

21.0538

77

5.4797

47

25.4444

78

6.4818

47

30.3555

78

5.1854

48

24.5816

79

6.1287

48

19.6653

79

4.9030

49

23.7301

80

5.7901

49

18.9841

80

4.6321

50

22.8911

50

18.3129

There must have been a table applicable up to 30.6.1986, but the same is not available here with me.

 

 

Commutation Table 1986

Commute Table 1986

 

Commutation Table 2001

Commutation Table 2001

This Post has been delivered by Mr. Agha Amir (from Canada).

The detail provided by Mr. Aamir Lal is as under:

 

Commute Table & Pension

Commutation & Pension

 

 

The post History of Increased Pension & Commutation Tables appeared first on Galaxy World.


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