What is Commutation of Pension and Restoration of Commuted Portion of Pension
A commutation of pension is defined as giving up part payable from retirement in exchange for an immediate lump sum amount. Age factors (usually calculated by Commutation Table) are used to determine the amount of pension which needs to be given up in order to provide the lump sum amount at the time of retirement.
At present, a govt. servant can commute his pension up to 35% of the gross pension and 65% of the gross pension as net pension is paid to him on monthly basis.
Example:
Gross Pension = 50,000
Net Pension (65%) = 32,500
Commute (35%) = 17,500
Commutation= 17,500 x 12 x Age Rate
= 17,500 x 12 x 12.3719
= 25,98,099
Commutation Tables
Find attached the Commutation tables introduced in 1986 and then in 2001 by the Finance Division, Government of Pakistan.
How to get arrears of different increments provided by government of Commuted portion of pension please
JIN. MILTIRY. PENSIONERS. KI. PENSION. CHAND. MAH. PEHLY HI. POST OFFICES. SE. BANKS. MAIN. DCS. SYSTEM. KE. TEHAT. TRANSFER. KI. GAI HE. WOH. APNA. PERSONAL NUMBER. KAHAAN. SE. AOUR. KESY. HASIL. KERIN.
KIOUN KEH. CMA. LAHORE. WALOUN. NAIN. TOU. KOI. INFORMSTION. NAHEIN. DI. ISS. BARY. MAIN
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SHUKRIA,,
DOUA. GO
MUHAMMAD SIDDIQUE,BHERA,
السلام و علیکم: سوال ہے کہ میرے والد صاحب 60 سال کی عمر میں ریٹائر منٹ کے بعد 70 سال میں وفات پاگئے تھے اب والد صاحب کی عمر 72 سال ہوچکی ہے تو بیوہ کو مکمل 35 فیصد کمیوٹ شدہ ملے گا یا اس کا آدھا حصہ، مہربانی کرکے ضرور رپلائی کرے، شکریہ