In our earlier Circulars No. 111 and 112, we have dealt with the revised rate of Family Pension based on the 11th Bipartite Settlement as approved by the Government. Units are aware that under this Settlement, Family Pension is now payable ( w.e.f. 1-4-2021) at uniform rate of 30% of Pay without any ceiling and DA thereon.
Units are also aware that in terms of Regulation 39 of Pension Regulations, family pension is payable at the double the ordinary rate with a maximum of 50%.
Pension Regulation 39 – To whom applicable ?
Applicable to family of the employees who die while in service.
What is Regulation 39 ?
In terms of Pension Regulations 39(3)(a)(i), if an employee (who is not governed by the Workman’s Compensation Act), DIES WHILE IN SERVICE, after having rendered not less than 7 years service the rate of family pension payable to the family shall be equal to 50% of the pay last drawn or twice the family pension admissible whichever is less.
This higher amount of family pension is payable for the next 7 years from the date of death of the employee or upto the date on which deceased employee would have attained the age of 65, whichever is less.
(Note: After this period of next 7 years or 65 years of age of the deceased whichever is earlier, the Family Pension will be payable at 30% of the Pay i.e. at the ordinary rate)
All the existing cases of Family Pension paid to the family pensioners under Regulation 39 (those who died in service on or after 1-5-2014) will be eligible to be revised now from 1-4-2021.
Death while in service between 1-5-2014 and 31-10-2017 (10TH BPS period)
Pay
PAY UPTO RS. 11,100 11,100 – 22,200 Above 22,200
Existing Normal rate 30 %
20 %
15 %
Under Reg.39
50 % 40 % 30 %
Revised normal rate
30 % 30 % 30 %
Revised F P under Reg.39
50 % 50 % 50 %
Death while in service after 1-11-2017 (11TH
BPS period)
Pay
PAYUPTORS. 15880 15881 – 31760 Above 31760
Existing Under
Revised normal rate
30% 30 % 30%
Revised F P under Reg.39
50% 50 % 50%
Normal rate
30% 50% 20 % 40 % 15% 30%
Reg.39
FAMILY PENSION (REVISED)
FOR FAMILIES OF DECEASED EMPLOYEES COVERED BY 11TH BPS (THOSE WERE IN SERVICE OF BANKS AS ON 1-11-2017 AND DIED WHILE IN SERVICE)
( as per Regulation 39 of Pension Regulations)
Yours comradely,
C.H. VENKATACHALAM GENERAL SECRETARY
Taken at max of pay scales
DAFTARY SPL. ASST SCALE I SCALE II SCALE III SCALE IV SCALE V SCALE VI SCALE VII SCALE VIII
REVISED FAMILY D.A 27.79 % PENSION @ 50% SEPT. 2021
19048 5293 36893 10252 42610 11841 47050 13075 48080 13361 50200 13950 54420 15123 60820 16902 67385 18726 94860 26362
24,341 47,145 54,451 60,125 61,441 64,150 69,543 77,722 86,111 1,21,222
TOTAL FAMILY PENSION + DA
SUBSTAFF / DAFTARY – AT MAX OF PAYSCALES
BASIC PAY INCL. STAG. INCREMENTS
SPECIAL PAY FOR DAFTARY
FPP – INCREMENT PORTION
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
Under Regulation 39
FAMILY PENSION +
– AT MAX OF PAYSCALES
DA
37145 850 100 38095 19048 5293 24,341
CLERK/SPL. ASST/GRADUATE/ CAIIB
BASIC PAY INCL. STAG. INCREMENTS SPECIAL PAY FOR SPL. ASST.
PROF. QUALIFICATION PAY – PQP FPP – INCREMENT PORTION
Under Regulation 39
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
FAMILY PENSION +
OFFICER SCALE I AT MAX OF PAYSCALES
BASIC PAY INCL. AUTOMATIC SWITCH OVER + STAG. INCREMENTS
PROF. QUALIFICATION PAY – PQP
FPP – INCREMENT PORTION
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
FAMILY PENSION +
OFFICER SCALE II AT MAX OF PAYSCALES
BASIC PAY INCL. AUTOMATIC SWITCH OVER + STAG. INCREMENTS
PROF. QUALIFICATION PAY – PQP
FPP – INCREMENT PORTION
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
BASIC PAY INCL. AUTOMATIC SWITCH OVER + STAG. INCREMENTS PROF. QUALIFICATION PAY – PQP
FPP – INCREMENT PORTION
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
DA
65830 2920 3045 1990
73785 36893 10252
47,145
Under Regulation 39
DA
80450 2550 2220
85220 42610 11841
54,451
Under Regulation 39
89330 2550 2220
94100 47050 13075
60,125 OFFICER SCALE III AT MAX OF PAYSCALES Under Regulation 39
FAMILY PENSION +
DA
92110 2550 2500
97160 48080 13361
FAMILY PENSION + DA
61,441
OFFICER SCALE IV AT MAX OF PAYSCALES BASIC PAY INCL. STAG. INCREMENTS
PROF. QUALIFICATION PAY – PQP
FPP – INCREMENT PORTION
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
Under Regulation 39
FAMILY PENSION + DA
95120 2550 2730
100400 50200 13950
64,150
OFFICER SCALE V AT MAX OF PAYSCALES BASIC PAY INCL. STAG. INCREMENTS
PROF. QUALIFICATION PAY – PQP
FPP – INCREMENT PORTION
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
Under Regulation 39
FAMILY PENSION + DA
103320 2550 2970 108840 54420 15123 69,543
OFFICER SCALE VI AT MAX OF PAYSCALES BASIC PAY
PROF. QUALIFICATION PAY – PQP
FPP – INCREMENT PORTION
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
Under Regulation 39
FAMILY PENSION + DA
116120 2550 2970 121640 60820 16902 77,722
OFFICER SCALE VII AT MAX OF PAYSCALES BASIC PAY
PROF. QUALIFICATION PAY – PQP
FPP – INCREMENT PORTION
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
Under Regulation 39
FAMILY PENSION + DA
129000 2550 3220 134770 67385 18726 86,111
OFFICER SCALE VIII AT MAX OF PAYSCALES BASIC PAY
PROF. QUALIFICATION PAY – PQP
FPP – INCREMENT PORTION
PAY ( FOR PENSION PURPOSE)
FAMILY PENSION AT 50% for 7 years from death /upto 65 years DA IN SEPT. 2021 @ 27.79%
FAMILY PENSION + DA
Under Regulation 39
183950 2550 3220 189720 94860 26362 1,21,222