Think it over about your gains & losses: You will get jolt like Earth Quake.
7th CPC Net worth will be negative
1) You will fall in higher slab of Income Tax
2) Pay more IT & Cess
3) Many allowances abolished
4) Now loosen kitty to offset losses due to abolition
5) Any logic Qualification Tiet-1 retained & Tier 2 abolished
6) MSP given but NFU status ??
7) Matrix system beneficial to govt
8) Pensioner’s will get lower pension in matrix.
9) Banker’s pay the lower pension
10) Basic pay is lower Vis a Vis civilian
11) Siachen allowance 31000 for forces & 52450 for baby’s .any logic
12) Commutation of pension recovered in 12.8 years. Any logic to pay after 15 years.
13) Commutation of pension should be paid after 13:years
14) Max average age is 71.4 years. Any logic to pay enhanced age related pension after 75:years
15) Age related pension should be paid after 60 years
16) Pension is a deferred wage. Hence all allowances should be paid to pensioners
17) Now civilian too have got OROP
18) Forces LAMBA thus get 70% pension as in 1973 to offset loss due to early retirement
19) Pensioner medical care needs up gradation
20) Pension net worth should be tax free .
Col LAMBA( one man army}