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Thursday, August 22, 2019

RATIONALIZATION AND FITMENT FACTOR-PAY & PENSION

Please see Attachment clarifying the above.
Hope this sets to rest the misconception that our multiplication factor should be 2.67.  Please note that Index of Rationalisation (as against multiplication factor of 2.57) is used  to work out fitment tables for those in service on 1Jan2016. It’s also applicable to pensioners who opt for the Notional fixation route
Glad to note that this advisory talks of revision in OROP in 2019 & 2024
If still in doubt - please feel free to write in comments I shall reply. 


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