TN Retirement Gratuity – Retirement and Death Gratuity from 1.1.2016 GRATUITY RETIREMENT / DEATH GRATUITY : The rates for payment of death gratuity shall be revised with effect from 1-1-2016 as follows:- The maximum limit of Retirement Gratuity and Death Gratuity shall be enhanced from the existing Rs.10 lakh to Rs.20 lakh with effect from … Read more
TN Pension Arrears : Arrears on Retirement Benefits form Jan 2016 to Sep 2017 ARREARS ON RETIREMENT BENEFITS IN RESPECT OF EMPLOYEES WHO RETIRED BETWEEN 1-1-2016 AND 30-09-2017 : The arrears on retirement benefits i.e. Gratuity/Commutation of pension including encashment of leave surrendered at the time of retirement consequent on pay revision in respect of … Read more
TN Pension Calculation – Minimum and Maximum Pension from 1.1.2016 Minimum revised pension shall be Rs.7,850/- per month The ceiling limit for pension, family pension and enhanced family pension shall be revised from Rs.38,500/- to Rs.1,12,500/- (i.e. 50% of maximum pay in Pay Matrix of Rs.2,25,000/-), from Rs.23,100/- to Rs.67,500/- (i.e. 30% of maximum pay … Read more
TN 7th CPC Pension Calculation – Illustration for Pre-2016 Pensioners The existing pension / family pension / enhanced familypension as on 31-12-2015, including the commuted portion but excluding additional pension applicable to pensioners / family pensioners of age 80 years and more, shall be multiplied by a factor of 2.57 and rounded off to the … Read more