IREC Rule No.2007: Rates of Foreign Service Contributions (FR-116)

2007. Rates of Foreign Service Contributions (FR-116):-

The Rates of Foreign Service Contributions payable on account of pension and leave-salary shall be as prescribed in Appendix-I.

                                                                                                              Appendix-I
(See Rule 2007 and 2008)
Rates Of Foreign Service Contributions

Table-1

Rates of Foreign Service contributions per month for Pension Payable during active Foreign Service

 

Year Of Service % Contribution of the maximum monthly pay of the post held at the time of proceeding to Foreign Service
Group-A Group-B Group-C Group-D

Up to 01 Year

7%

6%

5%

4%

01-02 Years 7 6 6 4
02-03 Years 8 7 6 5
03-04 Years 8 7 7 5
04-05 Years 9 8 7 5
05-06 Years 10 8 7 6
06-07 Years 10 9 8 6
07-08 Years 11 9 8 6
08-09 Years 11 10 9 7
09-10 Years 12 10 9 7
10-11 Years 12 11 10 7
11-12 Years 13 11 10 8
12-13 Years 14 12 10 8
13-14 Years 14 12 11 8
14-15 Years 15 13 11 9
15-16 Years 15 13 12 9
16-17 Years 16 14 12 9
17-18 Years 16 14 13 10
18-19 Years 17 15 13 10
19-20 Years 17 15 13 10
20-21 Years 18 16 14 11
21-22 Years 19 16 14 11
22-23 Years 19 17 15 11
23-24 Years 20 17 15 12
24-25 Years 20 17 15 12
25-26 Years 21 17 16 12
26-27 Years 21 18 16 12
27-28 Years 22 18 16 13
28-29 Years 23 19 17 13
29-30 Years 23 20 18 13
Over 30 Years 23 20 18 14

 Note:

(1) Length of service in column-1 of this table should be taken to mean the entire continuous service of the Railway servant concerned including his service in the pensionable post.

(2) the rates given in this table include an element for extraordinary pensions.

[Authority: No.F(P)64, PN-1/16, 03.08.1967] [No.379, 01.01.1972]

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