Pension Calculator 2020 for Central Govt Employees after 7th Pay Commission
Every Central Government employee wishes to know their retirement benefits at the time of superannuation form service. Here a simple online calculator for retiring employees (after 2016) to show their retirement benefits such as Pension, Reduced Pension, Commutation amount etc.,
Retirement Date Rules
There is no specific rules and formula to calculate the date of retirement. As per the Fundamental Rule 56 (a), whose date of birth is the first of a month will retire from service on the last day of the preceding month. To better understanding, we have given five examples…
In case of your date of birth is 01.07.1964, the retirement date calculation will be as follows…
01.07.1964
00.00.0060
30.06.2024
In case of your date of birth is 31.07.1964…
31.07.1964
00.00.0060
31.07.2024
In case of your date of birth is 01.08.1964…
01.08.1964
00.00.0060
31.07.2024
In case of your date of birth is 01.08.1964…
02.08.1964
00.00.0060
31.08.2024
In case of your date of birth is 31.08.1964…
31.08.1964
00.00.0060
31.08.2024
Time to Retirement Calculator
A Central Government servant retires on the afternoon of the last day of the month in which he attains the age of 60 years. In case his Date of Birth (DOB) falls on the first of the month, then he will retire on the last day of the previous month.
Click to Calculate Pension
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Also Check: Central Government Pay Matrix Table 2022 PDF
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