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Commuted Value of Pension Calculator
For West Bengal Government Employees · ROPA 2019
Employee Details
₹
Please enter a valid basic pay.
%
Enter a value between 1 and 40.
Please enter qualifying service years.
Please select age on next birthday.
Calculation Results
Basic Pension
—
50% of Last Basic Pay
Commuted Amount
—
—% of Basic Pension
CVP Factor
—
For selected age
💼 CVP Lump Sum
—
Commuted × Factor × 12
Reduced Pension
—
Monthly after commutation
Commutation Value Table
▶ View Full Commutation Factor Table
| Age (Next B’day) | Commutation Factor | Age (Next B’day) | Commutation Factor |
|---|
Basis: LIC (94-96) Ultimate Tables & 8.00% Interest
How It Works
A government employee at retirement is entitled to commute up to 40% of their pension as a lump sum. The formula is: CVP = Commuted Pension × CVP Factor × 12. The CVP factor depends on the employee’s age on their next birthday, derived from LIC (94-96) Ultimate Tables at 8% interest. Basic Pension = Last Basic Pay ÷ 2.