Posts

Showing posts with the label About Pension

How to Calculate Gross and Net Pension and Commute for Civil Servant

Image
To calculate Gross and Net Pension you need to need your  Basic Pay and Total Service  Formula  Gross Pension =  (Basic Pay x Service in years x 7 ) / 300 Example Gross Pension = (57950 x 30 x 7) /300 Gross Pension = 40565 Rupees  We have taken 57950 as Gross Pay  and 30 years service for example to calculate Gross Pension. Normally 65% given as gross pension and 35% is given as Net Pension per month. Net Pension = 65% x (40565) Gross Pension Net Pension = 26367 Rupees per Month Not:- Maximum 30 year service is added into formula to calculate pension and commute  If you feeling any problem to calculate pension please comment i will guide you Urdu Version  Read Also