OROP vs SATISFACTION LEVEL (REVISITED)

			OROP vs SATISFACTION (REVISTED)
SN						Pension	QS	Satisfaction
1	Pay Bands
		PB - 1	5200 - 20200
		PB - 2	9300 - 34800
		PB - 3	15600 - 39100
		PB - 4	36400 - 47000
2	Key PBs	PB - 2 & PB - 4
3	Derived Pension at highest level Pay in PB
		PB-2	34800 + 4800 + 2000 = 41600/2			20800	29+ yrs
		PB - 4	67000 + 10000 = 77000/2			38500	33+ yrs
4	Pension based on SAI S / 1 /2008 &  SAI S / 2 /2008 (Highest Level)
		PB-2	17770+4800+2000=24570/2			12285	15th Level	59.06%
		PB - 4	56680+10000+6000*=72680/2			36340	12th Level	94.39%
5	OROP Award
		PB-2				12285	29+ yrs	62.71%
		PB - 4				38763	33+ yrs	100.68%
6	Pay in PB - Jul 2016 (After 11 annual increments of 6th CPC)
		Maj Gen		Most if not all getting 67000
		Brig		Most if not all getting 67000. First Brig reached 67000 in Jul 2012.
		Col		Some may be getting 67000
		Sub Maj(Gp Y)		18600 with 37 yrs service
		Sub (Gp Y)		15600 with 36 yrs service
6	Estimated Losses in 10 yrs with aver DA OF 60%
		Sub Maj		130000 / yr
				Pension loss 20800 - 13045 =
				With DA = 7755 * 1.6 = 12408
				i.e. 148896 SAY 150000 / year
		Maj Gen		NIL
	Notes
		1	Only PB - 2 (Sub Maj - Gp Y) & PB - 4 (Maj Gen) discussed.
		2	Others ranks will require extrapolation to derive the data for analyses