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Friday, May 25, 2012

New Pension System - Lok Sabha News

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New Pension System

The below information was given by the  Minister of State in the Ministry of Finance Shri.Namo Narain Meena in a written reply to a question in Lok Sabha on 4th May 2012. 

The New Pension System (NPS) was extended to all citizens of India w.e.f. 01st May, 2009. 

A total of 21 Points of Presence (PoPs) were registered in the year 2009 with 844 branches of the PoPs acting as Points of Presence - Specified Points (PoP-SPs). As on date, the number of PoPs registered are 53 with 19463 branches of the PoPs acting as PoP-SPs.

As per the information furnished by PFRDA the six states i.e. Haryana, Karnataka, Andhra Pradesh, Jharkhand, Rajasthan and Madhya Pradesh have announced co-contributory schemes for specific occupational groups for the workers of unorganized sector. The quantum of contribution will be decided by States itself. 

Rotational Transfer of Assistant with more than 16 years of service in the same Ministry / Department reg.

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No.7/4/2012-CS-I(A) 
Government of India 
Ministry of Personnel, Public Grievances and Pensions 
Department of Personnel and Training

2nd Floor, Lok Naysk Bhavan, 
Khan Market, New Delhi-110003 
Dated: 25th May 2012.

OFFICE MEMORANDUM

Subject: Rotational Transfer of Assistant with more than 16 years of service in the same Ministry / Department reg.

The undersigned is directed to refer to this Department’s OM of even number dated 11th April 2012 whereby Cadre Units were requested to furnish information/preference of posting of Assistants who have completed more than 16 years of service in any capacity in a particular Ministry/Department (excluding those who are due for superannuation within two years as on 01.01.2012).

2. It is noticed that a number of cadre units have not furnished the requisite information so far. The defaulting Cadre Units addressed below are therefore, requested to furnish information/preference of posting of Assistants who have completed more than 16 years of service in any capacity in a particular Ministry/Department (excluding those who are due for superannuation within two years as on 01.01.2012) to this Division immediately.

3. The Cadre Units who have earlier furnished only the list of Assistants covered under RTP are requested to obtain the preference for posting in the proforma (copy enclosed) and furnish the same to this Department immediately.

sd/- 
(K. Suresh Kumar) 
Under Secretary to the Government of India

Annexure-II

Source: www.persmin.nic.in
[http://circulars.nic.in/WriteReadData/CircularPortal/D2/D02csd/rtpasstt.pdf]

How to calculate GPF interest

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How to calculate the interest rates for General Provident Fund

The rate of interest on GPF is generally fixed after taking into consideration the average secondary market yields on government securities. The rates of interest on General Provident Fund (GPF) is 8% for the period from 1.4.2011 to 30.11.2011 and 8.6% from 1.12.2011 to 31.3.2012, whereas the rate of interest on EPF for the financial year 2011-12 is 8.25%.

whereas the rate of interest on EPF is fixed on the recommendation of the Central Board of Trustees (CBT) by the Employees Provident Fund Organisation (EPFO), Ministry of Labour and Employment based on the income earned on the accumulated fund during the financial year.

Recruitment against Physically Handicapped Quota- Launch of Special Recruitment Drive

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GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)

No.E(NG)II/2009/RC-2/7

New Delhi, dated 22.05.2012

The General Manager (P),
All Indian Railways/PUs.

Sub:- Recruitment against Physically Handicapped Quota- Launch of Special Recruitment Drive.

Ref:- Board’s letter No. E(NG)II/2006/RC-2/11 Pt. IV, dt. 1/5/12.

In continuation with Board’s letter under reference on the above subject, following may be noted :-

i) With respect to indents notified by RRBs but not yet finalized , it is stated that since the process of recruitment has already been initiated by RRBs, no further action is required to be taken by the Railways/PUs.

ii) With respect to indents diverted from categories where 3% was to be kept vacant, Railway needs to fill up the backlog vacancies in the original category If they have not yet been diverted and have not so far been notified. Also, if the backlog vacancies has been diverted to other categories but is yet to be notified, such vacancies need to be filled up in the original category, as exemption has been denied by the M/o Social Justice & Empowerment. This will be similarly applicable for vacancies that have accrued after October, 2008 and indents sent to RRBs; applicable however, only for indents that have not yet been notified. For all diverted indents, whether part of backlog or current vacancies, which have been notified by RRBs in those categories only, no action be taken. In no case should the quantum of reservation exceed the prescribed 3%.

Latest Air India Domestic Fare List - 8th May 2012

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Latest Air India Domestic Fare List - 8th May 2012

Air India Domestic Fare list updated with LTC Scheme – LTC Fare List 2012

Journey by Air Travel while availing LTC, stipulating that the orders insisting to travel by Air India only.

Group ‘A’ and Group ‘B’ officers (Gazetted and Non-Gazetted) are entitled to travel by Air to NER on LTC.
Other employees are entitled to travel by Air to NER from Guwahati or Kolkata airport only.

One more restriction of travel by Air India only need not apply to non-entitled employees who travel by air and claim LTC reimbursement by entitled class of rail.

An employee can avail LTC to visit NER by conversion of one block of home-town LTC.
Reimbursement of the actual expenses on air travel while availing LTC, will be restricted to cost of travel by the economy class only.



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