Tuesday, June 7, 2016

Pension Commutation values - Table I & II

PENSION COMMUTATION VALUES TABLES

Table 1: Commutation values of a pension of Rs. 1 per annum, effective from 1.3.1971

Table 2: Commutation values for a pension of Rs. 1 per annum as per Sixth CPC recommendations, effective from 1.1.2006



Table-1
COMMUTATION VALUES FOR A PENSION OF Re. 1 PER ANNUM 
Effective from 1st march, 1971 

[See Rules 8,26 (7), 28 (5) and 29 (1) and 29 (2) ]

Age next birthday
Commutation value expressed as number of year ’ s 
Purchase
Age next birthday
Commutation value expressed as number of year ’ s 
Purchase
Age next birthday
Commutation value expressed as number of year ’ s 
Purchase
(x)
(y)
(x)
(y)
(x)
(y)
(1)
(2)
(1)
(2)
(1)
(2)
1719.284015.87639.15
1819.204115.64648.82
1919.114215.40658.50
2019.014315.15668.17
2118.914414.90677.85
2218.814514.64687.53
2318.704614.37697.22
2418.594714.10706.91
2518.474813.82716.60
2618.344913.54726.30
2718.215013.25736.01
2818.075112.95745.72
2917.935212.66755.44
3017.785312.35765.17
3117.625412.05774.90
3217.465511.73784.65
3317.295611.42794.40
3417.115711.10804.17
3516.925810.78813.94
3616.725910.46823.72
3716.526010.13833.52
3816.31619.81843.32
3916.09629.48853.13

Table-2
COMMUTATION VALUES FOR A PENSION OF Re. 1 PER ANNUM 
as per Sixth CPC recommendations, effective from 1.1.2006 

Age next birthdayCommutation value expressed as number of year’s purchaseAge next birthdayCommutation value expressed as number of year’s purchaseAge next birthdayCommutation value expressed as number of year’s purchase
20
9.188
41
9.075
62
8.093
21
9.187
42
9.059
63
7.982
22
9.186
43
9.040
64
7.862
23
9.185
44
9.019
65
7.731
24
9.184
45
8.996
66
7.591
25
9.183
46
8.971
67
7.431
26
9.182
47
8.943
68
7.262
27
9.180
48
8.913
69
7.083
28
9.178
49
8.881
70
6.897
29
9.176
50
8.846
71
6.703
30
9.173
51
8.808
72
6.502
31
9.169
52
8.768
73
6.296
32
9.164
53
8.724
74
6.085
33
9.159
54
8.678
75
5.872
34
9.152
55
8.627
76
5.657
35
9.145
56
8.572
77
5.443
36
9.136
57
8.512
78
5.229
37
9.126
58
8.446
79
5.018
38
9.116
59
8.371
80
4.812
39
9.103
60
8.287
81
4.611
40
9.090
61
8.194

[Basis: LIC(94-96) Ultimate Table and 8.00% interest]

Source: Pensioner Portal

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