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Friday, March 18, 2011

BSNL PENSION REVISION ORDER ISSUED

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BSNL PENSION REVISION ORDER ISSUED

In what can be termed as a major breakthrough, DoT issued order yesterday for pension revision for those who retired from BSNL prior to 01.01.2007. Until now there is no order for revision of pension in IDA scales. Due to the combined efforts of the JAC, BSNLEU and the AIBDPA, cabinet took decision for revision of pension on IDA scales. Following this DoT has issued order yesterday. We congratulate all the comrades who are retired prior to 01.01.2007, who will be benefited from this order.

BSNL Order

Source: bsnleuchq.com

Stepping up of pay of Senior Direct Recruit Assistants of CSS/Pas of CSSS with that of UDCs/Steno Grade D promoted as Assistants/PAs after 1.1.2006.

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No.7/7/2008-CS.I(A)

Government of India

Ministry of Personnel, PG & Pensions

Department of Personnel & Training

2nd Floor, Lok Nayak Bhavan, Khan Market,

New Delhi – 110003,

18th March 2011

OFFICE MEMORANDUM

Subject: Stepping up of pay of Senior Direct Recruit Assistants of CSS/Pas of CSSS with that of UDCs/Steno Grade D promoted as Assistants/PAs after 1.1.2006.

The undersigned is directed to refer to this Department’s OM of even number dated 22nd December 2010 regarding stepping up of pay of Senior Assistants of CSS/PAs of CSSS promoted prior to 1.1.2006 and drawing less pay than Assistants of CSS/PAs of CSSS promoted after 1.1.2006.

2. The matter regarding Stepping up of pay of Senior Direct Recruit Assistants/PAs with that of UDCs/Steno Grade D promoted as Assistants/PAs after 1.1.2006 was examined in this Division in consultation with Establishment (Pay) and Department of Expenditure. The stepping up of Senior Direct Recruit Assistants/PAs of CSS/CSSS respectively appointed prior to 1.1.2006 and drawing less pay than Assistants/PAs of CSS/CSSS promoted after 1.1.2006 is agreed to subject to the Senior DR Assistants/PAs continuously drawing more pay than junior promoted Assistants/PAs in the pre-revised pay scale.

3. All Ministries/Departments may regulate stepping up of pay of Senior DR Assistants of CSS/PAs of CSSS accordingly.

4. This issues with the approval of Department of Expenditure vide their U.O.No. 18/11/2010-Legal dated 28.2.2011.

(K.Suresh Kumar)

Under Secretary to the Government of India

Source: www.persmin.nic.in
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Nomination of Steno Grade ‘C’ for inclusion in the Select List of Steno Grade ‘A&B’ (Merged) of CSSS

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No.5/27/2010-CS.II(A)
Government of India
Ministry of Personnel, PG & Pensions
Department of Personnel & Training
3rd Floor, Lok Nayak Bhavan, Khan Market, New Delhi – 110003,
Dated : the16th March 2011
OFFICE MEMORANDUM
Subject: Nomination of Steno Grade ‘C’ for inclusion in the Select List of Steno Grade ‘A&B’ (Merged) of CSSS for the Select List Year 2099 under the Zoning Scheme for Seniority Quota (SQ).
The undersigned is directed to refer to this Department’s O.M. of even number dated 17/8/2010 wherein the range of seniority for promotion from Steno Grade ‘C’ to Steno Grade ‘A&B’ (Merged) of CSSS for the Select List Year 2009 has been laid down and to say that on the basis of information furnished by all the cadre units, it has been decided to make the nomination of Steno Grade ‘C’ whose names appear in the Annexure to this O.M. in the order of their seniority for appointment/promotion to Stenographers Grade “A&B’ (Merged) of CSSS under the Zoning Scheme on their inclusion in Select List 2009 (SQ).
2. The services of officers concerned may be obtained form the cadres concerned immediately provided they are clear form vigilance angle.
3. It is requested that urgent action may be taken to appoint/promote these officers to Steno Grade ‘A&B’ (Merged) of CSSS against the Select List 2009 (SQ). All the cadre units are requested to relieve their officers immediately for better cadre management of CSSS. No request for retention will be entertained as cadre allocation has been made on the basis of vacancies reported for Seniority quota by the respective cadre units. A copy of the appointment / promotion order issued in this regard by the cadre unit duly indicating the CSL number of the officers may be forwarded to this Department immediately. 4. Attention is also invited to this Department’s O.M.No. 16/1/79-CS.I dated 3.9.83 in which it has been stated that incase a person included in the Select List and nominated to some other cadre, does not move out within 45 days from the date of issue of nomination orders by this Department, such a person would be debarred from promotion for 3 years by the cadre where he/she is working as Steno Grade ‘C’. This may please be specifically brought to the notice of all concerned. These instructions regarding debarment will not apply to those officers retiring within the next two years from the date of issue of nomination orders by this Department. However, if they have to avail of regular promotion in Steno Gr. ‘A&B’ (Merged) of CSSS through SQ for the Select List Year-2009, they have to join the cadre to which they have been nominated.
5. The unfilled vacancies of ST category may be carried forward to the Select List Year 2010 since sufficient number of ST candidates are not available in the Central Panel (zone of promotion) for Select List Year 2009.
6. This O.M. is available on the website of this Department viz www.persmin.nic.in Central Services Wing CS Division CSSS Promotion (Regular) Steno Gr ‘C’ to ‘A&B’ (Merged).
( G.S.Pundir)
Under Secretary to the Government of India
Pl. click the link is given below for
Annexure to OM No.5/27/2010-CS-II (A) dated 16th March 2011

Cabinet okays PFRDA Bill; may go to Parliament soon

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Cabinet okays PFRDA Bill; may go to Parliament soon

New Delhi, Mar 17 (PTI) The Union Cabinet today approved a long-pending bill, which is aimed at giving statutory power to the pension regulator PFRDA, paving way for introduction of the same in the current session of Parliament.

The draft legislation is aimed at upgrading the status of the Pension Fund Regulatory and Development Authority (PFRDA), which has been functioning for the past eight years without Parliamentary approval.

"It has been approved and is likely to be introduced in the current session," a minister said after the Cabinet meeting presided over by Prime Minister Manmohan Singh.

In the absence of statutory status, PFRDA was performing the role of the interim regulator.

Finance Minister Pranab Mukherjee had sought support of the Opposition, mainly the BJP, for passage of the key pending reform bills.





Source: PTI

Govt approves 9.5% interest on PF deposits for 2010-11

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Govt approves 9.5% interest on PF deposits for 2010-11

The finance ministry on Thursday approved higher interest rate of 9.5 per cent to over 4.7 crore depositors with the Employees Provident Fund Organisation (EPFO) for 2010-11.

The EPFO had been paying 8.5 per cent interest on PF deposits since 2005-06.

In September last year, it had recommended an increase in interest rate to 9.5 per cent for 2010-11 after discovering Rs 1,731 crore surplus in their books of accounts.

"The finance ministry has ratified 9.5 per cent rate of return on PF deposits for 2010-11. We have received a notification in this regard," Central Provident Fund Commissioner Samirendra Chatterjee told the news agency.

Chatterjee further added that "our calculations regarding Rs 1,731 crore surplus in the interest suspense account were found correct by the finance ministry and so they approved this higher rate of return".

The finance ministry's approval is subject to the condition that any shortfall on account of payment of 9.5 per cent rate of return would be met by making adjustments in the interest rate in 2011-12.

Chatterjee, however, said that there would be no need for making any adjustment in the next fiscal as "EPFO calculations are correct regarding the discovery of a surplus of Rs 1,731 crore in the interest suspense account."

The finance ministry has also asked the EPFO to update its subscriber accounts within the next six months.

EPFO's apex decision making body-the Central Board of Trustees (CBT)- in September last year had decided to provide 9.5 rate of return on retirement savings in 2010-11 after it found a surplus of Rs 1,731 crore.

Refusing to ratify the said rate of return, the finance ministry had earlier argued that the surplus shown by the ministry was not real after CAG report has called the EPFOs so called surplus unverifiable.

According to sources, the finance ministry approved 9.5 per cent interest after the intervention by Finance Minister Pranab Mukherjee.



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