7th Pay Commission brings dhamaka before Diwali - ET The seventh pay commission has brought a Diwali delight for all. Industry keeps its hopes high as employees get pay hike. It could be an early Diwali for white goods marketers, vehicle makers and smartphone companies in India with the Seventh Pay Commission disbursement to central government employees to take place in … [Read more...] about 7th Pay Commission brings dhamaka before Diwali – ET
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7th CPC
Implementation of the recommendations of 7th CPC – Fitment Factor and Pay Fixation for Running Staff
Implementation of the recommendations of 7th CPC – Fitment Factor and Pay Fixation for Running Staff NFIR National Federation of Indian Railwaymen 3, CHELMSFORD ROAD, NEW DELHI – 110 055 Affiliated to : Indian National Trade Union Congress (INTUC) International Transport Workers’ Federation (ITF) No. IV/NFIR/7CPC(Imp)/2016/R.B. Dated: 04/08/2016 The Secretary … [Read more...] about Implementation of the recommendations of 7th CPC – Fitment Factor and Pay Fixation for Running Staff
Implementation of recommendations of the VII CPC – issue of Resolution by the Ministry of Finance (Deptt of Expenditure)
Implementation of recommendations of the VII CPC – issue of Resolution by the Ministry of Finance (Deptt of Expenditure) Government of India Ministry of Defence D(Civ-I) Subject : Implementation of recommendations of the VII CPC – issue of Resolution by the Ministry of Finance (Deptt of Expenditure) Ministry of Finance has issued the Resolution dt. 25.07.2016 regarding … [Read more...] about Implementation of recommendations of the VII CPC – issue of Resolution by the Ministry of Finance (Deptt of Expenditure)
A miserable 2 per cent – ARTICLE BY SRI. VINODH RAI ON 7TH CPC
A miserable 2 per cent – ARTICLE BY SRI. VINODH RAI ON 7TH CPC Former comptroller and auditor general, Rai is chairman of Banks Board Bureau. On June 30, headlines across newspapers were on the Union government having approved the Seventh Pay Commission recommendations. The Economic Times headline read, “Central staff hit pay dirt: An early Diwali”. The newspaper said the … [Read more...] about A miserable 2 per cent – ARTICLE BY SRI. VINODH RAI ON 7TH CPC
Fixed Medical Allowances on 7th Pay Commission
Fixed Medical Allowances on 7th Pay Commission Fixed Medical Allowances : Recommendation: The Commission notes that this allowance was enhanced from RS.300/- p.m. to RS.500/- p.m. from 19.11.2014. As such, further enhacement of this allowance is not recommended. Decision of Government : To be examined by a Committee comprising Finance Secretary and Secretary (Expenditure) … [Read more...] about Fixed Medical Allowances on 7th Pay Commission
7th CPC Pension News : dearness relief to employed/reemployed pensioners/family pensioners
7th CPC Pension News : dearness relief to employed/reemployed pensioners/family pensioners The revised pension/family pension arrived at as per paragraph 4.1 includes dearness relief sanctioned from 1.1.2016. The existing instructions regarding regulation of dearness relief to employed/reemployed pensioners/family pensioners, as contained in Department of Pension … [Read more...] about 7th CPC Pension News : dearness relief to employed/reemployed pensioners/family pensioners
Calculation of Quantum of Pension as per 7th CPC Notification
Calculation of Quantum of Pension as per 7th CPC Notification The quantum of pension/family pension available to the old pensioners/ family pensioners shall continue to be as follows:- Age of Pensioner/family Pensioner Additional quantum of Pension From 80 years to less than 85 years 20% of revised basic pension/ family pension From 85 years to less than 90 … [Read more...] about Calculation of Quantum of Pension as per 7th CPC Notification
Minimum and Maximum of 7th CPC Pension effect from 1.1.2016
Minimum and Maximum of 7th CPC Pension effect from 1.1.2016 The minimum pension with effect from 01.01.2016 will be Rs. 9000/- per month (excluding the element of additional pension to old pensioners). The upper ceiling on pension/family pension will be 50% and 30% respectively of the highest pay in the Government (The highest pay in the Government is Rs. 2,50,000 with … [Read more...] about Minimum and Maximum of 7th CPC Pension effect from 1.1.2016
7th CPC Pension News: Separate orders for the employees who retired/died on or after 01.01.2016
Separate orders are being issued in respect of employees who retired/died on or after 01.01.2016 The Government’s decision on the recommendations of Seventh Central Pay Commission, sanction of the President is hereby accorded to the regulation, with effect from 01.01.2016, of pension/ family pension of all the pre-2016 pensioners/ family pensioners in the manner indicated in … [Read more...] about 7th CPC Pension News: Separate orders for the employees who retired/died on or after 01.01.2016
PENSION CALCULATION AS PER 7TH CPC NOTIFICATION WITH ILLUSTRATION
PENSION CALCULATION AS PER 7TH CPC NOTIFICATION WITH ILLUSTRATION For existing pensioners, who have retired before 01.01.2016, the revised pension/family pension with effect from 01.01.2016 shall be determined by multiplying the pension/family pension, as had been fixed at the time of implementation of 6th Central Pay Commission (CPC) recommendations, by 2.57. The amount of … [Read more...] about PENSION CALCULATION AS PER 7TH CPC NOTIFICATION WITH ILLUSTRATION
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