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)
1719.284015.87639.15
1819.204115.64648.82
1919.114215.40658.50
2019.014315.15668.17
2118.914414.90677.85
2218.814514.64687.53
2318.704614.37697.22
2418.594714.10706.91
2518.474813.82716.60
2618.344913.54726.30
2718.215013.25736.01
2818.075112.95745.72
2917.935212.66755.44
3017.785312.35765.17
3117.625412.05774.90
3217.465511.73784.65
3317.295611.42794.40
3417.115711.10804.17
3516.925810.78813.94
3616.725910.46823.72
3716.526010.13833.52
3816.31619.81843.32
3916.09629.48853.13

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