Monday 17 March 2014

More Fun with Figures (corrected)



Please take note of the following: -

Correction made as per comments of @sunlit
 
1.         These calculations are made without benefit of exercising the mind on such matters as service in the Ranks prior to commissioning, service as an officer pre-AVSC and earlier, Time Scale (TS), Select List of Promotion Boards etc. Therefore no comments/clarifications will be possible.

2.         It is open for discussion, as some learned commentators have expressed, whether fixation pre-2006 would affect the pensions if the principle elucidated for OROP is same pension for the same rank for the same number of years of service as being paid to those after 1.1.2006 with the 3 “sames.”

3.         Effect of Rank Pay, in consonance with the opinion dated 3.9.2013 of the Ld Attorney General has not been factored in. 

4.         For all ranks, though the scales have been extended to year 30, officers might have either superannuated or were promoted in respective ranks before they would “burst” [PCDA (O)’s terminology] the pay of the next higher rank. So please do not point this as a flaw in the table.

5.                  Please read Y (Year) column against each rank to find out what the consolidated pay and pension would be i.e Y1 is the year promoted to each rank and Y3  is year 3 in each rank.

           

Flt Lt
Sqn Ldr
Wg Cdr
Gp Capt
Components
@100%
@50%
@100%
@50%
@100%
@50%
@100%
@50%
Basic Pay
18600
23810
37400
40890
Grade Pay
6100
6600
8000
8700
Military Service Pay
6000
6000
6000
6000
Total
30700
36410
51400
55590
Interest/yr
3%
3%
3%
3%









Y1
30700
15350
36410
18205
51400
25700
55590
27795
Y2
31450
15725
37330
18665
52770
26385
57080
28540
Y3
32220
16110
38270
19135
54180
27090
58620
29310
Y4
33010
16505
39240
19620
55630
27815
60200
30100
Y5
33830
16915
40240
20120
57120
28560
61830
30915
Y6
34670
17335
41270
20635
58660
29330
63510
31755
Y7
35540
17770
42330
21165
60240
30120
65240
32620
Y8
36430
18215
43420
21710
61870
30935
67020
33510
Y9
37350
18675
44550
22275
63550
31775
68860
34430
Y10
38300
19150
45710
22855
65280
32640
70750
35375
Y11
39270
19635
46910
23455
67060
33530
72700
36350
Y12
40270
20135
48140
24070
68900
34450
74710
37355
Y13
41300
20650
49410
24705
70790
35395
76780
38390
Y14
42360
21180
50720
25360
72740
36370
78910
39455
Y15
43460
21730
52070
26035
74750
37375
81100
40550
Y16
44590
22295
53460
26730
76820
38410
83360
41680
Y17
45750
22875
54890
27445
78950
39475
85690
42845
Y18
46950
23475
56360
28180
81140
40570
88090
44045
Y19
48180
24090
57880
28940
83400
41700
90560
45280
Y20
49450
24725
59440
29720
85730
42865
93100
46550
Y21
50760
25380
61050
30525
88130
44065
95720
47860
Y22
52110
26055
62710
31355
90600
45300
98420
49210
Y23
53500
26750
64420
32210
93140
46570
101200
50600
Y24
54930
27465
66180
33090
95760
47880
104060
52030
Y25
56400
28200
67990
33995
98460
49230
107010
53505
Y26
57920
28960
69850
34925
101240
50620
110050
55025
Y27
59480
29740
71770
35885
104100
52050
113180
56590
Y28
61090
30545
73750
36875
107050
53525
116400
58200
Y29
62750
31375
75790
37895
110090
55045
119720
59860
Y30
64460
32230
77890
38945
113220
56610
123140
61570















Air Cmde
AVM
AM
Components
@100%
@50%
@100%
@50%
@100%
@50%
Basic Pay
43390
47000
75500
Grade Pay
8900
10000
 -
Military Service Pay
6000
6000  Notional  
 -
Total
58290
63000
75500
Interest/yr
3%
3%
3%







Y1
58290
29145
63000
31500
75500
37750
Y2
59860
29930
64890
32445
77770
38885
Y3
61480
30740
66840
33420
80110
40055
Y4
63150
31575
68850
34425
82520
41260
Y5
64870
32435
70920
35460
85000
42500
Y6
66640
33320
73050
36525
87550
43775
Y7
68460
34230
75250
37625
90180
45090
Y8
70340
35170
77510
38755
92890
46445
Y9
72280
36140
79840
39920
95680
47840
Y10
74270
37135
82240
41120
98560
49280
Y11
76320
38160
84710
42355
101520
50760
Y12
78430
39215
87260
43630
104570
52285
Y13
80610
40305
89880
44940
107710
53855
Y14
82850
41425
92580
46290
110950
55475
Y15
85160
42580
95360
47680
114280
57140
Y16
87540
43770
98230
49115
117710
58855
Y17
89990
44995
101180
50590
121250
60625
Y18
92510
46255
104220
52110
124890
62445
Y19
95110
47555
107350
53675
128640
64320
Y20
97790
48895
110580
55290
132500
66250
Y21
100550
50275
113900
56950
136480
68240
Y22
103390
51695
117320
58660
140580
70290
Y23
106320
53160
120840
60420
144800
72400
Y24
109330
54665
124470
62235
149150
74575
Y25
112430
56215
128210
64105
153630
76815
Y26
115630
57815
132060
66030
158240
79120
Y27
118920
59460
136030
68015
162990
81495
Y28
122310
61155
140120
70060
167880
83940
Y29
125800
62900
144330
72165
172920
86460
Y30
129400
64700
148660
74330
178110
89055

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