Inconsumercomplaints.com » Miscellaneous » Review / complaint: PENSION - Reduction in Pension Amount | News #484799

PENSION
Reduction in Pension Amount

I am a pensioner having PPO A/c No. 713830003265. I was receiving pension @ of Rs. 4559/- till April. The pension amount reduced from Rs.4559/- to Rs. 2500/- from May to August. After the sixth Pay commission my pension is revised in Sept. 08 to Rs. 4409/-. I personally visited your office in the end of May to check out the reason for reduction of my pension amount from May. The dealing assistant after checking my account found the following mistake in the pension calculation which he assured to reconcile by 20th June.

BasicPension Rs. 2600/-

Less commutation amount (-) Rs. 1040/-

Balance Rs. 1560/- (Pension is to be calculated on Rs. 1560/-)

Less commutation amount (-) Rs. 1040/- (Commutation amount wrongly deducted twice)

Balance Rs. 0520/- (Pension is wronly calculated Rs. 520/- instead of Rs. 1560/- resulting in reduction of pension amount from May and subsequant effect in the pension arrears of sixth pay commission.

It is once again requested to kindly reconcile my pension account by rectifying the above calculations by 20th of July please.

Thanking You


Company: PENSION

Country: India

Category: Miscellaneous

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