Calculation of pension and Gratuity
PENSION DEPARTMENT
Calculation of pension and Gratuity
Civil Service Regulations – 246 (26-3-2014) , Calculation of pension and Gratuity for a government servant who retires from the service are as follows;
(a) Net service of not complete (5) years
Gratuity= last pay × Net Qualified service x 100%
(b) Net service ofmore than (5) years and less than (10)years
Gratuity= last pay × Net Qualified service x 150 %
(c) Net service of (10) years above
Monthly pension - last pay × Net Qualified service x 1.5%
Gratuity - last pay × Net Qualified service x 50%
After the death of a Government servant following benefits are granted as follows;
(a) Net Qualified service of not complete (5) years
Gratuity = Last pay × Net Qualified service x 100%
(b) Net Qualified service of more than (5) years and less than (10) years
Gratuity = Last pay x 12
Net service of (10)years and abovefor husband /wife
Family pension - last pay × Net Qualified service x 1.5%
Gratuity - last pay × 12 (or) Last pay × Net Qualified service x 50
Note :( The Pensioners may have the chance to choose the maximum amount for)
Other Family pension - last pay × Net Qualified service x 1.5
Gratuity - last pay × 12 (Or) Last pay × Net Qualified service x 50 %
Note: (The Pensioners may have the chance to choose the maximum amount for)
Extraordinary pension and family pension are calculated according to the services rendered, by the rates mentioned in the schedules. The schedules of injury Gratuity, pension and family pension are revised in accordance with notification order 208/2012 of Ministry of Finance.