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Pension and Qualifying Service: Eligibility, Calculation рдФрд░ Rounding Rules

Helpful in HSAS Exam Preparation

Pension рдХреА eligibility рдФрд░ amount рддрдп рдХрд░рдиреЗ рдХреЗ рд▓рд┐рдП qualifying service рджреЗрдЦреА рдЬрд╛рддреА рд╣реИред рдиреАрдЪреЗ minimum service, full pension, proportionate pension рдФрд░ rounding рдХреЗ main points рджрд┐рдП рдЧрдП рд╣реИрдВред

Point

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Notes / Conditions

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Vide Rule No.

Counting qualifying service

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Qualifying service рдХреЛ completed half-year periods рдореЗрдВ count рдХрд┐рдпрд╛ рдЬрд╛рддрд╛ рд╣реИред Remaining fraction 3 months рдпрд╛ рдЕрдзрд┐рдХ рд╣реЛ рддреЛ рдПрдХ additional half-year count рд╣реЛрдЧрд╛ред 3 months рд╕реЗ рдХрдо fraction ignore рд╣реЛрдЧрд╛ред

Rule 30

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Minimum service for monthly pension

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Monthly pension рдХреЗ рд▓рд┐рдП minimum qualifying service 10 years = 20 half-year periods рд╣реИред Rounding provision рдХреЗ рдЕрдиреБрд╕рд╛рд░ 9 years 9 months рдХреЛ 10 years рдорд╛рдирд╛ рдЬрд╛рддрд╛ рд╣реИред

Rule 32 and Note

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Exception for invalid pension

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Invalid pension рдХреЗ рд▓рд┐рдП minimum 10 years qualifying service рдХреА condition apply рдирд╣реАрдВ рд╣реЛрддреАред

Rule 32, Exception

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Service required for full pension

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Full pension рдХреЗ рд▓рд┐рдП 20 years = 40 half-year periods qualifying service рдЪрд╛рд╣рд┐рдПред Full pension, last emoluments рдХрд╛ 50% рд╣реЛрддреА рд╣реИред

Rule 34(1)

Proportionate pension

Qualifying service 10 years рдпрд╛ рдЕрдзрд┐рдХ, рд▓реЗрдХрд┐рди 20 years рд╕реЗ рдХрдо рд╣реЛ рддреЛ formula рд╣реЛрдЧрд╛: Last emoluments ├Ч ┬╜ ├Ч qualifying half-year periods ├╖ 40ред

Rule 34(2) and illustrations

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Minimum basic pension

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Minimum basic pension тВ╣9,000 per month, рдпрд╛ subsequently prescribed amount рд╣реЛрдЧреАред Minimum pension рдХрд╛ provision, service eligibility рдХреА condition рдХреЛ waive рдирд╣реАрдВ рдХрд░рддрд╛ред рдпрд╛рдиреА pension eligibility рдХреЗ рд▓рд┐рдП required service рд╣реЛрдирд╛ рдЬрд░реВрд░реА рд╣реИред

Rule 34(3)

Maximum basic pension

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Maximum basic pension тВ╣1,12,050 per month рд╣реИ, рдЬреЛ highest emoluments тВ╣2,24,100 рдХрд╛ 50% рд╣реИ; рдпрд╛ subsequently prescribed amount рд▓рд╛рдЧреВ рд╣реЛрдЧреАред

Rule 34(1)

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Rounding of pension

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Final calculation рдореЗрдВ rupee рдХрд╛ рдХреЛрдИ рднреА fraction рд╣реЛ рддреЛ pension рдХреЛ next whole rupee рддрдХ round up рдХрд┐рдпрд╛ рдЬрд╛рдПрдЧрд╛ред

Rule 31

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1. Qualifying Service рдХреИрд╕реЗ Count рд╣реЛрдЧреА?

Rule 30 рдХреЗ рдЕрдиреБрд╕рд╛рд░ service рдХреЛ half-year periods рдореЗрдВ count рдХрд┐рдпрд╛ рдЬрд╛рдПрдЧрд╛:

Actual qualifying service

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Half-year periods counted

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Pension рдХреЗ рд▓рд┐рдП counted service

9 years 8 months

19

9 years 6 months

9 years 9 months

20

10 years

19 years 8 months

39

19 years 6 months

19 years 9 months

40

20 years

Example: 9 years 8 months рдореЗрдВ 9 years 6 months рдХреЗ рдмрд╛рдж remaining fraction рдХреЗрд╡рд▓ 2 months рд╣реИ, рдЗрд╕рд▓рд┐рдП ignore рд╣реЛрдЧрд╛ред

рд▓реЗрдХрд┐рди 9 years 9 months рдореЗрдВ remaining fraction 3 months рд╣реИ, рдЗрд╕рд▓рд┐рдП рдПрдХ additional half-year count рд╣реЛрдЧрд╛ рдФрд░ service 10 years рдорд╛рдиреА рдЬрд╛рдПрдЧреАред

рдЗрд╕рд▓рд┐рдП 9 years 8 months ordinary monthly pension рдХреА minimum service condition fulfil рдирд╣реАрдВ рдХрд░рддреА, рдЬрдмрдХрд┐ 9 years 9 months rounding рдХреЗ рдмрд╛рдж condition fulfil рдХрд░рддреА рд╣реИред Invalid pension рдХреЗ рд▓рд┐рдП Rule 32 рдХрд╛ exception рд▓рд╛рдЧреВ рд╣реИред

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2. Full Pension рдХрд╛ Example

Vide Rule 34(1)

рдорд╛рди рд▓реАрдЬрд┐рдП:

  • Last emoluments: тВ╣60,000

  • Qualifying service: 20 years рдпрд╛рдиреА 40 half-year periods

Basic pension = тВ╣60,000 ├Ч 50% = тВ╣30,000 per month

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3. Proportionate Pension рдХрд╛ Example

Vide Rule 34(2)

рдорд╛рди рд▓реАрдЬрд┐рдП:

  • Last emoluments: тВ╣60,000

  • Qualifying service: 15 years рдпрд╛рдиреА 30 half-year periods

Basic pension = тВ╣60,000 ├Ч ┬╜ ├Ч 30 ├╖ 40

Basic pension = тВ╣22,500 per month

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4. Pension Amount рдХреА Rounding рдХреИрд╕реЗ рд╣реЛрдЧреА?

Vide Rule 31

Final calculated pension рдореЗрдВ рдХреЛрдИ рднреА fraction of a rupee рд╣реЛ рддреЛ amount next whole rupee рддрдХ round up рд╣реЛрдЧрд╛ред

Calculated pension

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Rounding рдХреЗ рдмрд╛рдж pension

тВ╣22,500.00

тВ╣22,500

тВ╣22,500.01

тВ╣22,501

тВ╣22,500.50

тВ╣22,501

тВ╣22,500.99

тВ╣22,501

рдпрд╛рдж рд░рдЦреЗрдВ: Qualifying service рдХреА rounding Rule 30 рдХреЗ рдЕрдиреБрд╕рд╛рд░ рд╣реЛрдЧреА рдФрд░ final pension amount рдХреА rounding Rule 31 рдХреЗ рдЕрдиреБрд╕рд╛рд░ рд╣реЛрдЧреАред рджреЛрдиреЛрдВ рдЕрд▓рдЧ calculations рд╣реИрдВред