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Pakistan Civil Service Pension Formula:
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The Pakistan Civil Service Pension formula calculates the monthly pension amount for government employees based on their last pay drawn and years of service. This standardized formula ensures fair and consistent pension calculations across the civil service.
The calculator uses the Pakistan Civil Service Pension formula:
Where:
Explanation: The formula proportionally calculates pension based on the employee's final salary and total service duration, with the constants ensuring proper scaling to monthly amounts.
Details: Accurate pension calculation is crucial for retirement planning, ensuring financial security for retired civil servants, and maintaining transparency in government pension disbursements.
Tips: Enter the last pay drawn in PKR and years of service in years. Both values must be positive numbers (LPD > 0, YS between 0-60 years).
Q1: What is included in "Last Pay Drawn"?
A: Last Pay Drawn typically includes basic pay plus all admissible allowances that count toward pension calculation as per government rules.
Q2: Is there a minimum service requirement for pension?
A: Yes, generally a minimum of 10 years of service is required to qualify for pension under Pakistan civil service rules.
Q3: How is part-year service calculated?
A: Part-year service is calculated proportionally. For example, 6 months of service would be counted as 0.5 years in the formula.
Q4: Are there maximum pension limits?
A: Yes, there are usually maximum pension limits based on government pay scales and regulations that may apply.
Q5: Does this formula apply to all government employees?
A: This formula is specifically for civil servants. Military personnel and other government sectors may have different pension calculation methods.