OROP Pension Arrear Calculator – From 01.07.2014 to 31.01.2016

OROP Pension Arrear Calculator

From 01.07.2014 to 31.01.2016

THE AVERAGE DA RATE FROM 01.07.2014 TO 31.01.2016 ie for 19 months as under:-

01.07.2014 to 31.12.2014 = 107 x 6 = 642

01.01.2015 to 30.05.2015=113×6=678

01.07.2015 to 31.12.2015=119×6=714

01.01.2016 =125×1=125

total =2159

Average DA rate Per month=2159/19=113.631579

basic + da =100+113.631579=213.631579 if basic pay = 100.

hence arrears for 19 months = [basic pay diff + da] = Q x 19 x 213.631579 / 100 = Q x 40.59.

Source: http://ex-airman.blogspot.in/

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OROP Pension Arrear alculation

OROP HIGH LIGHTS & CALCULATION

1.Applicable to all pre-1/7/2014 retirees.

2. Effective date : Wef 1/7/2014

3. It is a direct executive order from MOD to PDAs(Banks) for payment without waiting for Draupadi’s circular of PCDA(pensions) . Means ,payment will be effected before 28 Feb 2016 (being the last pension/salary payment month in this fiscal year).

4. Family pensioners , gallantary award winners and special pension category will get their arrears in one instalment and hopefully with Feb pension.

5.Arrears for others would be in 4 Equal , six monthly instalments (could be in Feb , Aug this year and Feb 2017 and Aug 2017).

More specific details after detailed analyses.

OROP Arrear calculation Made simple

1. Take your basic from OROP table published to day by MOD. Let it be =X

2. Take your current basic (which is wef 24/12/2012).Let it be =Y

3. Take the difference of X- Y above and let it be =”Q”

4. Your Total arrears of OROP wef 1/7/2014 to 31/1/2016= Q x 40.58 (amount Q multiplied by 40.58). The result could be with a deviation of Less than Rs 100/- in total due to certain approximations

Note : multiply with 40.58 , the difference of OROP table amount with what is your current basic .

Source: http://ex-airman.blogspot.in/

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You can calculate the OROP arrears also in the following way:

1. Find the Basic pension as per OROP chart- table, say for Example;

Hav and equal Ranks- Sgt- Group- X

QS:15 yrs.

As per Table no: 7 of OROP Tables It is = 8585

then as per Cir 501,table No.17…………..it is = 6374

Difference per month = 2211

Now the Effective Date is From 01-07-2014

Arrears from 1-7-2014 to 31-01-2016 will be:

Difference X a factor of 40.53

2211 X 40.53 = 89612/-

So, 89612 IS THE ARREARS

This will be paid in 4 equal half yearly installments.

For family pensioners, in one installment. This the simple way of calculation.

Source: http://exweltrust.blogspot.in/