Saturday, 3 April 2021

Pension, Commutation Calculation Software

Every Government Employee definitely retired. After retirement Government give them Pension. 
Now we know the formula of Pension: 
Service Pension = LDBP(Last Drawn Basic Pay) × Qualifying Service ÷ 66 
Maximum Qualifying Service is 33 years including 5 years weightage. 
Commutation = Commutation percentage on Service Pension × 12 × Commutation Factor

We prepared a Excel based Software for Pension, Commutation Calculation. In this you enter Age on Retirement, Least Drawn Basic Pay, Completed Service then it will Calculate Qualifing Service, Service Pension, Commutation and Pension Basic.


Download Pension, Commutation Calculation Software

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