REVISION OF PENSION / FAMILY PENSION:
(1) The Pension or Family Pension, including enhanced family pension, relating to employees who retired or died while in service before 1-1-2016 shall, in the first instance, be revised in the following manner:
(i) The existing pension / family pension / enhanced family pension as on 31-12-2015, including the commuted portion but excluding additional pension applicable to pensioners / family pensioners of age 80 years and more, shall be multiplied by a factor of 2.57 and rounded off to the next higher ten rupee to arrive at the revised pension / family pension / enhanced family pension.
(ii) The ceiling limit for pension, family pension and enhanced family pension shall be revised from Rs.38,500/- to Rs.1,12,500/- (i.e. 50% of maximum pay in Pay Matrix of Rs.2,25,000/-), from Rs.23,100/- to Rs.67,500/- (i.e. 30% of maximum pay in Pay Matrix of Rs.2,25,000/-) and
Rs.38,500/- to Rs.1,12,500/- respectively. Therefore, if the revised pension or family pension or enhanced family pension worked out as detailed in paragraph (i) above exceeds the applicable ceiling limit, it shall be restricted to Rs.1,12,500/-, Rs.67,500/- and Rs.1,12,500/-respectively.
(iii) The minimum revised pension / family pension / enhanced family pension shall be Rs.7,850/- per month. Therefore, if the revised pension / family pension / enhanced family pension worked out as detailed in (i) is less than Rs.7,850/- per month, it shall be stepped upto Rs.7,850/-.