Rounding of pension benefits follows nearest-rupee calculation, with fifty paise or more rounded up and smaller fractions ignored. Rounding up of benefits under the Employees' Pension Scheme, 2026 is governed by a rule requiring all benefit amounts to be calculated to the nearest rupee. Any amount of fifty paise or more must be treated as the next higher rupee, while any fraction below fifty paise is to be ignored. The provision establishes a simple computational mechanism for benefit determination and standardises the treatment of fractional amounts, ensuring uniform rounding across all items of pension-related benefits.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Rounding of pension benefits follows nearest-rupee calculation, with fifty paise or more rounded up and smaller fractions ignored.
Rounding up of benefits under the Employees' Pension Scheme, 2026 is governed by a rule requiring all benefit amounts to be calculated to the nearest rupee. Any amount of fifty paise or more must be treated as the next higher rupee, while any fraction below fifty paise is to be ignored. The provision establishes a simple computational mechanism for benefit determination and standardises the treatment of fractional amounts, ensuring uniform rounding across all items of pension-related benefits.
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