The move comes after the Department of Pensions and Pensioners Welfare decided that the revised consolidated pension of pre-2006 pensioners shall not be lower than 50 per cent of the minimum of the pay in the pay band and the grade pay even if they had served for less than 33 years at the time of retirement.
Necessary orders directing concerned authorities to calculate the revised pensions in respect of central government pensioners, excluding retiree officers of three all India services -- Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFoS) -- have already been issued.
As per rules, a central government servant is entitled to receiving superannuation pension on completion of at least 10 years of service. With effect from January 1, 2006, pension is calculated with reference to average emoluments -- the average of the basic pay drawn during the last 10 months of service or last basic pay drawn whichever is higher.
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