Calculate the Commutation Value of Pension (Rules 77–79)

The Haryana Civil Services (Pension) Rules, 2016 under Rules 77 to 79 define how the commutation value of pension is calculated when a government employee opts to receive a portion of pension as a lump sum. The amount is determined by multiplying the portion of pension to be commuted by a fixed commutation factor based on the pensioner’s age next birthday. This factor is drawn from the Government of India’s commutation table, adopted by the Haryana Government.


1️⃣ What Is Commutation Value?

The commutation value represents the present value of the pension that the employee surrenders for a fixed period (15 years) in exchange for a one-time lump-sum payment. It is calculated using a standardized actuarial formula approved by the government.

In simple terms: It converts your monthly pension (for the portion commuted) into a single lump-sum amount, based on your age and life expectancy at retirement.


2️⃣ Rule Reference – Commutation Calculation Basis

Rule No.SubjectDescription
Rule 77Calculation of commuted valueDefines formula and use of commutation table.
Rule 78Commutation tableCommutation factor determined by age next birthday.
Rule 79Medical examinationRequired if applying after one year of retirement.

3️⃣ Formula for Commutation Value (Rule 77)

Official Formula:

Commuted Value = Portion of Pension × 12 × Commutation Factor

Where:

  • Portion of Pension = The amount of monthly pension to be commuted (e.g., 40% of basic pension).
  • 12 = Number of months in a year (to convert annual pension).
  • Commutation Factor = Value taken from the age-wise commutation table (based on age next birthday).

4️⃣ Example Calculation

Example 1:

Last Basic Pay₹70,000
Basic Pension₹35,000 (50% of pay)
Percentage Commuted40%
Commuted Portion₹14,000
Age Next Birthday61 years
Commutation Factor (Age 61)8.194

Calculation:

₹14,000 × 12 × 8.194 = ₹13,16,592

Result: Lump-sum Commutation Value = ₹13,16,592 Remaining Monthly Pension = ₹35,000 – ₹14,000 = ₹21,000


5️⃣ Age-Wise Commutation Factor Table (As per Rule 78)

The following table gives commutation factors used for calculating the commuted value of pension. These are based on the age next birthday of the pensioner (7th CPC table adopted by Haryana):

Age Next Birthday (Years)Commutation FactorAge Next Birthday (Years)Commutation Factor
608.194618.093
627.982637.862
647.731657.587
667.431677.262
687.081696.887
706.672716.451
726.218735.973
745.724755.472

Note: The factor decreases with increasing age because the expected life span shortens, reducing the commutation value.


6️⃣ Maximum Commutation Limit

  • Maximum limit = 40% of basic pension (Rule 75).
  • Commutation can be made for a lesser portion (e.g., 25%, 30%) if desired by the pensioner.
  • Commutation is optional and based on written consent in Form 1A.

7️⃣ Restoration of Commuted Portion

As per Rule 82, the commuted portion of pension is restored automatically after 15 years from the date of commutation.

Example: If the commutation payment was made on 1 April 2025, the full pension (including commuted part) will be restored from 1 April 2040.


8️⃣ Medical Examination Requirement (Rule 79)

  • Not required if the employee applies within one year of retirement.
  • Mandatory for:
    • Those applying after one year of retirement, or
    • Invalid pensioners.
  • The commutation factor is based on the age at next birthday certified by the Medical Board.

9️⃣ Step-by-Step Calculation Example (Full Illustration)

Case: Employee retires at age 60 years, basic pension ₹50,000, opts to commute 40%.

StepDetailsCalculation
1Basic Pension₹50,000
2Commuted Portion (40%)₹20,000
3Age Next Birthday61 years
4Commutation Factor (Age 61)8.194
5Formula Applied₹20,000 × 12 × 8.194 = ₹19,65,600

Final Commutation Value: ₹19,65,600 (Lump-sum Payment)
Reduced Monthly Pension: ₹50,000 – ₹20,000 = ₹30,000


10️⃣ Important Points to Remember

  • Commutation can be done only once in a lifetime.
  • The lump-sum commutation amount is tax-free for government employees.
  • No recovery is made from family pension if the pensioner dies before 15 years.
  • Commutation payment is disbursed along with DCRG and first pension through Treasury or Bank.
  • The commutation factor table is subject to revision after pay commission recommendations.

✅ Quick Reference Summary (Rules 77–79)

RuleSubjectKey Point
77Commutation FormulaPension × 12 × Factor
78Age-wise TableFactor decreases with age
79Medical ExamRequired if after 1 year of retirement
82RestorationAfter 15 years from commutation date

FAQs – Commutation Value of Pension

1. What is the formula to calculate commuted value of pension?

Commuted Value = Portion of Pension × 12 × Commutation Factor

2. What is the maximum pension that can be commuted?

Up to 40% of basic pension.

3. How is age determined for commutation?

Age next birthday on the date of commutation (certified by the Medical Board if required).

4. Is commuted pension amount taxable?

No. It is completely exempt from income tax for government employees.

5. When is full pension restored?

After 15 years from the date of commutation.

6. What if the pensioner dies before 15 years?

No recovery is made. Family pension continues normally.


Conclusion

The Commutation Value of Pension is a crucial financial benefit that converts a portion of monthly pension into a lump sum. Under Rules 77–79 of the Haryana Civil Services (Pension) Rules, 2016, the formula and age-based commutation table make the process transparent and predictable. Employees should decide carefully how much pension to commute, balancing immediate needs and long-term income stability.

Source: Official Haryana Civil Services (Pension) Rules, 2016 – Finance Department, Government of Haryana.

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