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		<title>7th CPC: Rate of levying of Superannuation Charges for inclusion in the Production Accounts of Ordnance and Ordnance Equipment Factories</title>
		<link>https://centralgovernmentnews.com/7th-cpc-rate-of-levying-of-superannuation-charges-for-inclusion-in-the-production-accounts-of-ordnance-and-ordnance-equipment-factories/</link>
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		<pubDate>Wed, 20 Jun 2018 09:39:22 +0000</pubDate>
				<category><![CDATA[7CPC]]></category>
		<category><![CDATA[7th CPC]]></category>
		<category><![CDATA[Defence]]></category>
		<category><![CDATA[Ordnance]]></category>
		<category><![CDATA[Ordnance Equipment Factories]]></category>
		<category><![CDATA[Production Accounts]]></category>
		<category><![CDATA[Superannuation Charges]]></category>
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					<description><![CDATA[<p>7th CPC &#8211; Rate of levying of &#8216;Superannuation Charges&#8217; for inclusion in the &#8216;Production Accounts&#8217; of &#8216;Ordnance and Ordnance Equipment Factories&#8217; GOVERNMENT OF INDIA MINISTRY OF DEFENCE OFFICE OF THE PRINCIPAL CONTROLLER OF ACCOUNTS (FYS) PR. SECTION 10-A, S.K. BOSE ROAD, KOLKATA 700001 NO. PR/lX/833/XXV Dated: 18.06.2018 The Officer &#8211; in &#8211; charge, All Branch [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/7th-cpc-rate-of-levying-of-superannuation-charges-for-inclusion-in-the-production-accounts-of-ordnance-and-ordnance-equipment-factories/">7th CPC: Rate of levying of Superannuation Charges for inclusion in the Production Accounts of Ordnance and Ordnance Equipment Factories</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>7th CPC &#8211; Rate of levying of &#8216;Superannuation Charges&#8217; for inclusion in the &#8216;Production Accounts&#8217; of &#8216;Ordnance and Ordnance Equipment Factories&#8217;</strong></p>
<p align="center">GOVERNMENT OF INDIA<br />
MINISTRY OF DEFENCE<br />
OFFICE OF THE PRINCIPAL CONTROLLER OF ACCOUNTS (FYS)<br />
PR. SECTION<br />
10-A, S.K. BOSE ROAD, KOLKATA 700001</p>
<p>NO. PR/lX/833/XXV</p>
<p align="right">Dated: 18.06.2018</p>
<p>The Officer &#8211; in &#8211; charge,<br />
All Branch Accounts Office (Fys),</p>
<p>Sub:- <strong>Rate of levying of &#8216;Superannuation Charges&#8217; for inclusion in the &#8216;Production Accounts&#8217; of &#8216;Ordnance and Ordnance Equipment Factories&#8217;.</strong></p>
<p>Consequent upon implementation of the &#8216;7th CPC&#8217;, it has been decided to levy the following new rates of &#8216;Superannuation Charges&#8217; on Cost of Production which is to be included in the &#8216;Production Account&#8217;:-</p>
<p><strong>A. For &#8216;Officers&#8217; &amp; &#8216;Staffs&#8217; of &#8216;Ordnance &amp; Ordnance Equipment Factories&#8217; and &#8216;C of A (Fys) Organizations&#8217; who do not fall under the ambit of &#8220;New Pension Scheme&#8221; introduced w.e.f. 01.01.2004.</strong></p>
<table border="1" width="100%" cellspacing="0" cellpadding="2">
<tbody>
<tr>
<th valign="top"><b>SL NO.</b></th>
<th align="center" valign="top"><b>CATEGORY </b></th>
<th valign="top"><b>INTERIM RATES PER EMPLOYEE PER MONTH (7th CPC)</b></th>
</tr>
<tr>
<td valign="top">1.</td>
<td align="center" valign="top">Group &#8220;A&#8221; Officers</td>
<td valign="top">Rs. 28444/- Fixed as Pay Matrix Level &#8211; 17<br />
Rs. 27367/- Fixed as Pay Matrix Level &#8211; 16<br />
Rs. 26114/- Fixed as Pay Matrix Level &#8211; 15<br />
Rs. 23772/- Fixed as Pay Matrix Level &#8211; 14<br />
Rs. 22183/- Fixed as Pay Matrix Level &#8211; 13<br />
Rs. 19804/- Fixed as Pay Matrix Level &#8211; 12<br />
Rs. 19186/- Fixed as Pay Matrix Level &#8211; 11<br />
Rs. 16903/- Fixed as Pay Matrix Level &#8211; 10</td>
</tr>
<tr>
<td valign="top">2.</td>
<td align="center" valign="top">Group &#8220;B&#8221; Officers</td>
<td valign="top">Rs. 16115/- for Pay Matrix Level &#8211; 9<br />
Rs. 14495/- for Pay Matrix Level &#8211; 8<br />
Rs. 13664/- for Pay Matrix Level &#8211; 7<br />
Rs. 10782/- for Pay Matrix Level &#8211; 6</td>
</tr>
<tr>
<td valign="top">3.</td>
<td align="center" valign="top">Group &#8220;C&#8221; Officers</td>
<td valign="top">Rs. 13467/- for Pay Matrix Level &#8211; 5<br />
Rs. 11832/- for Pay Matrix Level &#8211; 4<br />
Rs. 10082/- for Pay Matrix Level &#8211; 3<br />
Rs. 9221/- for Pay Matrix Level &#8211; 2<br />
Rs. 8302/- for Pay Matrix Level &#8211; 1</td>
</tr>
<tr>
<td valign="top">4.</td>
<td align="center" valign="top">IE&#8217;s</td>
<td valign="top">Same as Group &#8211; &#8216;B&#8217; &amp; &#8216;C&#8217; as above</td>
</tr>
</tbody>
</table>
<p><strong>B. For &#8216;Officers&#8217; &amp; &#8216;Staffs&#8217; of &#8216;Ordnance &amp; Ordnance Equipment Factories&#8217; and &#8216;C of A (Fys) Organizations&#8217; falling under the ambit of &#8220;New Defined Contribution Pension&#8221; Scheme introduced w.e.f. 01.01.2004.</strong></p>
<table border="1" cellspacing="0" cellpadding="2">
<tbody>
<tr>
<th valign="top"><b>CATEGORY </b></th>
<th valign="top"><b>INTERIM RATES PER MONTH (7th CPC)</b></th>
</tr>
<tr>
<td align="justify" valign="top">Group &#8220;A&#8221; Officers of Ordnance &amp; Ordnance Equipment Factories, &#8216;IDAS Officers&#8217;, Group &#8220;B&#8221; Officers &amp; Staffs and LB of Ordnance &amp; Ordnance Equipment Factories and &#8216;C of A (Fys) Organization&#8217; falling under the ambit of &#8220;New Defined Contribution Pension&#8221; Scheme introduced w.e.f. 01.01.2004.</td>
<td align="justify" valign="top">An amount equivalent of Govt. contribution i.e. 10%of the Basic Pay + Dearness Allowance + NPA.</td>
</tr>
</tbody>
</table>
<p>This issue has the approval of Member/Finance vide Finance Division/OFB ID. No. Misc./85/ Superannuation/ FM-V dated 11-06-2018.</p>
<p align="right">Sd/-</p>
<p>(PRAVEEN RANJAN)<br />
Deputy Controller of Accounts (Fys)</p>
<p>Source: <a href="http://pcafys.nic.in/files/PR19618.pdf" target="_blank">pcafys.nic.in</a></p>
<p>The post <a href="https://centralgovernmentnews.com/7th-cpc-rate-of-levying-of-superannuation-charges-for-inclusion-in-the-production-accounts-of-ordnance-and-ordnance-equipment-factories/">7th CPC: Rate of levying of Superannuation Charges for inclusion in the Production Accounts of Ordnance and Ordnance Equipment Factories</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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