7. Fixation of pay.

(i) Chairman, equal to minimum of the prescribed pay level minus retiring pension (including commuted portion of pension, if any) fixed/revised from or after the 1st January, 2016 or from the date of appointment as Chairman, whichever is later; and
(ii) Member, equal to minimum of the prescribed pay or last drawn pay, whichever is more, minus retiring pension (including commuted portion of pension, if any) fixed/revised from or after the 1st January 2016 or from the date of appointment as Member, whichever is later. If the same cell equal to last drawn pay is not available then the pay shall be fixed at the next cell in the pay level but not more than maximum of the prescribed pay level.
Explanation.
(i) has retired from service while drawing pay in the pre-revised pay scale remained in existence prior to the 1st January, 2016; or
(ii) is drawing a pre-revised retiring pension fixed prior to the 1st January, 2016, is appointed a Member, his last pre-revised pay and/or pre-revised pension shall notionally be re-fixed in the corresponding rules applicable to IAS Officers or Pensioners, as the case may be, for the purpose of fixation of pay under clause (1).