New Delhi: The Narendra Modi government on June 29 approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits.

It will come into effect from January 1, 2016. The Cabinet has also decided that arrears of pay and pensionary benefits will be paid during the current financial year (2016-17) itself, unlike in the past when parts of arrears were paid in the next financial year.

The recommendations will benefit over 1 crore employees. This includes over 47 lakh central government employees and 53 lakh pensioners, of which 14 lakh employees and 18 lakh pensioners are from the defence forces.

The new scales of pay provide for entry-level basic pay going up from Rs 7,000 per month to Rs 18,000, while at the highest level i.e. Secretary, it would go up from Rs 90,000 to Rs 2.5 lakh. For Class 1 officers, the starting salary will be Rs 56,100.

The table below shows the new salary of central government employees fall under the pay band of Rs 9,300- Rs 34,800.

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7th Pay Commission payout, here’s when you may begin to get the money

The long wait of central government employees for the 7th Pay Commission payout may end soon with the government working on the possibility of starting to credit their accounts as per the proposed new pay scales from August 1, 2016.

The long wait of central government employees for the 7th Pay Commission payout may end soon with the government working on the possibility of starting to credit their accounts as per the proposed new pay scales from August 1, 2016.

“Central government employees could get the revised pay-scales with their July salaries that would be credited on August 1,” sources close to officials working on the implementation of the 7th Pay Commission report told FeMoney.

However, while there are indications that arrears would also be credited along with revised pay, it is not clear whether the past dues according to the Commission’s report would be given at one go or in instalments.

The exact position is likely to be clear after the meeting of the 7th Pay Commission committee, headed by Cabinet Secretary P K Sinha, on June 11 to decide the final contours of the payout plan.

The 7th Pay Commission recommendation, which will come into effect with retrospective effect from January 1, 2016, will result in higher pay package of 47 lakh central government employees and 53 lakh pensioners.

The Commission has recommended a 23.55 per cent hike in pay and allowance. While pay will go up by 16 per cent, increase in allowance will be 63 per cent and increase in pension 24 per cent.

According to reports, the Empowered Committee of Secretaries under Cabinet Secretary Sinha has recommended a wage hike of Rs 21,000 and Rs 2.7 lakh for the lower and upper level, respectively. This works out to Rs 3,000 more at the lower end and Rs 20,000 more for the upper level than what the 7th Pay Commission prescribed.

The impact the 7th Pay Commission recommendations will be to the tune of Rs 1.02 lakh crore on the government’s exchequer, with the break-up being Rs 73,650 crore on the Union Budget and Rs 28,450 crore on the Railway Budget.

Source : http://www.financialexpress.com/

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