Impact of RPS,'13 & RPS,'17 on EPS,'95 Pension in case of APSRTC Employees

” Impact of RPS,’13 & RPS,’17 on EPS,’95 Pension in case of
APSRTC Employees”

A. Benefit in RPS,’13:

1 In the RPS,’13: 47.8% D.A. as on 31-03-2013 along with 43% as Fixation Benefit was added to the Pay to arrive at the revised Pay in RPS,’13 as on 01-04-2013:
Example:
1) Pay as on 01-04-2013: 100/-
2) D.A. as on 31-03-2013
on Pay: 47.80%: 47.80/-
3) 43% Fixation Benefit
on Pay: 43/-
—————————————–
Total: 190.80/-
—————————————-
Old Pay+D.A. as per
RPS,’09 on 31-09-2013:
147.80/- (1+2)
New Pay+D.A. as per
RPS,’13 as on 01-04-2013:
190.80/- (1+2+3)
Rise from RPS,’09 to
RPS,’13 on Pay+D.A.=
190.80/147.80=
129.09=29.09% increase.
With Fixation to the nearest
stage of the Pay Scale of the
Grade from RPS,’09 to RPS,’13”
30% rise in Pay+D.A.
Hence, with the uploading of
Wages as per RPS,’13 instead of
RPS,’09 as submitted, increase in
Higher Pension calculated for the
period from 16-11-1995 to 31-08-2014
gets increased by 30%

B. Benefit as per RPS,’17:
Example:
1)Pay: 100/-
2)D.A. as on
31-03-2017
merged with
Pay: 31.10%: 31.10/-
3) Fixation Benefit of
23% on Pay: 23/-
Total: 154.10/-
Pay+D.A.as on
01-04-2017
Pay+D.A. as per
RPS,’13 as on
31-03-2017: 131.10%
Rise in Pay+D.A. from
RPS,’13 to RPS,’17:
154.10/131.10=117.54%
Rise: 17.54%
With Fixation nearest to the
state in the Pay Scale of
the Grade: 18%

Summary:

A) Rise in Pay+D.A.
from RPS,’09 to RPS,’13: 30%
out of 43% Fixation Benefit

B) Rise in Pay+D.A.
from RPS,’13 to RPS,’17: 18%
out of 23% Fixation Benefit.

Note: In the absence of Wage
particulars (Pay+D.A.) as per
RPS,’13 in place of RPS,’09
and RPS,’17 in place of RPS,’13
basing on the above Percentages
an Employees can calculated the
possible rise in Higher Pension due to
uploading of Wages as per RPS,’13 and
RPS,’17 instead of RPS,’09 and RPS,’13.

Post Views: 2

Join Our Telegram Group