Commutation Values for Pension effective from 1.3.1971

Commutation Table value

Commutation Values for Pension effective from 1.3.1971

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
17 19.28
18 19.20
19 19.11
20 19.01
21 18.91
22 18.81
23 18.70
24 18.59
25 18.47
26 18.34
27 18.21
28 18.07
29 17.93
30 17.78
31 17.62
32 17.46
33 17.29
34 17.11
35 16.92
36 16.72
37 16.52
38 16.31
39 16.09
40 15.87
41 15.64
42 15.40
43 15.15
44 14.90
45 14.64
46 14.37
47 14.10
48 13.82
49 13.54
50 13.25
51 12.95
52 12.66
53 12.35
54 12.05
55 11.73
56 11.42
57 11.10
58 10.78
59 10.46
60 10.13
61 9.81
62 9.48
63 9.15
64 8.82
65 8.50
66 8.17
67 7.85
68 7.53
69 7.22
70 6.91
71 6.60
72 6.30
73 6.01
74 5.72
75 5.44
76 5.17
77 4.90
78 4.65
79 4.40
80 4.17
81 3.94
82 3.72
83 3.52
84 3.32
85 3.13

NOTE:-

1. This Table is based on a rate of interest of 4.75 per cent per annum.

2. Commuted Value (CVP) = 0.4(Maximum) x P x CF x 12

where P = Pension Ordered
CF = Commutation Factor

Table 2 : Commutation Tables Value for Central Government Employees Effective from 1.1.2006

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