Commutation of Pension Calculator for Maharashtra UGC Teachers
You can commute up to 40% of basic pension for a lump sum of that amount × 12 × the factor for your age next birthday; this calculator uses the Central table, so check Maharashtra's own table.
📄 Rules & sources ✅ 1 verified ⚠️ 1 not yet verified
- CCS (Commutation of Pension) Rules 1981 — persmin.gov.in
- Commutation table (LIC 94-96, 8%), effective 2006 — Schedule B, G.S.R. 647(E), DoPT (20.09.2013) — documents.doptcirculars.nic.in
✅ Verified from an official order
- Dearness Relief (DR) on pension — 60% from 01.01.2026: 60% — from 01.01.2026 · Order: Maharashtra Finance Dept GR NIMAVA-2026/Pr.Kr.58/Seva-4 dated 19.08.2026 (pension rules applied to aided colleges and non-agricultural universities — supplement 31.01.2024, para 3) · verified 13.10.2026 · Maharashtra DR GR 19.08.2026 (gr.maharashtra.gov.in)
⚠️ Not yet verified from an official order — confirm with your university before relying on it
- Commutation of pension — 40%, Schedule table, restoration after 15 years: 40% — 40% and restoration after 15 years are in the MCS (Commutation of Pension) Rules 1984, applied to aided colleges and universities (supplement 31.01.2024, para 3); the calculator still uses the Central commutation table — Maharashtra's own table is to be added. · Check here: MCS (Commutation of Pension) Rules 1984
How it works
You enter: Basic pension, Percentage to commute, Date of birth, Date commutation becomes absolute, DR rate. The result updates as you type. It applies Dearness Relief (DR) on pension — 60% from 01.01.2026 — each checked against the official order (✅). It also uses Commutation of pension — 40%, Schedule table, restoration after 15 years — not yet confirmed from an official order for university teachers (⚠️), so check these with your university.