भारत सरकार

Government of India

कार्मिक मंत्रालय, लोक शिकायत और पेंशन

Ministry of Personnel, Public Grievance & Pensions

पेंशन और पेंशनभोगी कल्याण विभाग

Department of Pension & Pensioners' Welfare

पेंशनर्स पोर्टल

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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	Age next birthday	Commutation value expressed as number of year’s Purchase	Age next birthday	Commutation value expressed as number of year’s Purchase
(x)	(y)	(x)	(y)	(x)	(y)
(1)	(2)	(1)	(2)	(1)	(2)
17	19.28	40	15.87	63	9.15
18	19.20	41	15.64	64	8.82
19	19.11	42	15.40	65	8.50
20	19.01	43	15.15	66	8.17
21	18.91	44	14.90	67	7.85
22	18.81	45	14.64	68	7.53
23	18.70	46	14.37	69	7.22
24	18.59	47	14.10	70	6.91
25	18.47	48	13.82	71	6.60
26	18.34	49	13.54	72	6.30
27	18.21	50	13.25	73	6.01
28	18.07	51	12.95	74	5.72
29	17.93	52	12.66	75	5.44
30	17.78	53	12.35	76	5.17
31	17.62	54	12.05	77	4.90
32	17.46	55	11.73	78	4.65
33	17.29	56	11.42	79	4.40
34	17.11	57	11.10	80	4.17
35	16.92	58	10.78	81	3.94
36	16.72	59	10.46	82	3.72
37	16.52	60	10.13	83	3.52
38	16.31	61	9.81	84	3.32
39	16.09	62	9.48	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