Service Benifits: which formula is correct

Jawahar Rayar (Querist) 17 June 2011 This query is : Open
I was working in IIT, Kharagpur almost 8 years. Now I shifted to IIG, Navi Mumbai, with continuation of my past service. But there is a dispute in my present and previous organization regarding my service benefits. Hereby I attached the letter from IIT as well as IIG. I want to know which one is correct. If both are incorrect what will be the more appropriate formula for calculating the same.

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