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Showing posts from December, 2018

More Benefits after Retirement

More Benefits after Retirement Salient Features of the Pension Entitlements of CG Employees Senior Citizen Entitlement of Employees Department of Social Justice & Empowerment has informed that there is at present no proposal in that Department for lowering the age of senior citizen. Government employees become entitle to pension on retirement. There is also no proposal to increase or decrease the age of retirement of Central Government Employees. The salient features of the pension entitlements of employees retiring from the Central Government are as under: (i) A Government servant retiring in accordance with the rules, after completing a qualifying service of not less than 10 years, is entitled to a pension @ 50% of his last pay or 50% of average emoluments for the last 10 months, whichever is more beneficial to him/her. (ii) After completion of 80 years of age or above, additional pension @ 20% to 100% is payable to the retired Government servant. (iii) A re

Retirement Age of CG Employees only 60 – No 58 and No 62

Retirement Age of CG Employees only 60! No 58 and No 62! There is also no proposal to increase or decrease the age of retirement of Central Government Employees GOVERNMENT OF INDIA MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS LOK SABHA UNSTARRED QUESTION NO: 1549 ANSWERED ON: 19.12.2018 Senior Citizen Entitlement of Employees RAVINDRA VISHWANATH GAIKWAD Will the Minister of PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS be pleased to state:- (a) whether the Government has worked out a plan to lower the age of senior citizen entitlement of employees to 58 years; (b) if so, the details thereof; (c) whether the Government is contemplating to increase or decrease the age for pension; (d) if so, the details thereof and if not, the reasons therefor; and (e) the details of salient features of pension policy? ANSWER MINISTER OF STATE IN THE MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS AND MINISTER OF STATE IN THE PRIME MINISTER’S OFFICE (D

Here’s Everything You Need to Know About Pay Matrix | 7th Pay Commission

Here’s Everything You Need to Know About Pay Matrix | 7th Pay Commission Pay Matrix Table – An innovative pay hierarchy structure for all categories of Central Government Employees More than 30 lakh employees are working in Central Government Services. A single table is applicable to all groups of employees from labour to officer for the purpose of revised pay and increment calculation. The Pay Matrix table, contains 540 Cells and 40 Index in Vertical and 18 Pay Levels in Horizontal. After fixing the Revised Pay as per 7th CPC, then there is no need to calculate Annual Increment. And also the Pay Fixation on Promotion or MACP is very easy to understand. And many more special aspects in the table. The Commission has recommended Rs.18000 as minimum pay and maximum of 2.5 lakh per month. 7th Pay Commission recommended three types of Pay Matrix Tables in its report. One for Civilian Employees and another one for Defence Force Personnel (Army, Navy and Air Force) and t

No Revision in 7th CPC Fitment Factor - Minister Replied in Parliament on 11.12.2018

No Revision in 7th CPC Fitment Factor - Minister Replied in Parliament on 11.12.2018 7th CPC Fitment and HRA – No Revision and Dont Expect!  7th Pay Commission Fitment Factor and House Rent Allowance – No Change Therein is Envisaged In wirtten reply to a question in Rajya Sabha on 11th December 2018 , Minister of State for Finance Shri P.Radhakrishnan said no change in 7th CPC Fitment Factor and House Rent Allowance. Increase in Pay Fitment Factor and HRA “The fitment factor for the purpose of fixation of pay in the revised pay structure based on the recommendations of the 7th Central Pay Commission is 2.57 which is uniformly applicable to all categories of employees. As the same is based on the specific and considered recommendations of the 7th Central Pay Commission, no change therein is envisaged. The Government vide Resolution dated 6th July, 2017 decided that HRA shall be revised to 27%, 18% and 9% of Basic Pay in X, Y and Z cities when Dearness Allowance

Notification on Leave as per 7th CPC Recommendations

Notification on Leave as per 7th CPC Recommendations - DoPT Notification Dt.11.12.2018 Amendment in Central Civil Services (Leave) Rules, 1972 MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 11th December, 2018 G.S.R. 1209(E).— In exercise of the powers conferred by the proviso to article 309 read with clause (5) of article 148 of the Constitution and after consultation with the Comptroller and Auditor General of India in relation to persons serving in the Indian Audit and Accounts Department, the President hereby makes the following rules further to amend the Central Civil Services (Leave) Rules, 1972, namely:- 1. (1) These rules may be called the Central Civil Services (Leave) (Fourth Amendment) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Central Civil Services (Leave) Rules, 1972, (A) in rule 28, in sub-r

Shortage of officers in Army, Navy, Air Force and para-military forces | Total sanctioned strength

Shortage of officers in Army, Navy, Air Force and para-military forces | Total sanctioned strength GOVERNMENT OF INDIA MINISTRY OF DEFENCE LOK SABHA UNSTARRED QUESTION NO: 321 ANSWERED ON: 12.12.2018 Shortage of Officers in Defence ANIRUDHAN SAMPATH Will the Minister of DEFENCE be pleased to state:- (a) whether it is true that there is acute shortage of officers in Army, Navy, Air Force and para-military forces; (b) if so, the details thereof; (c) the total sanctioned strength as well as shortage of officers in Army, Navy and Air Force as on date; and (d) the number of soldiers who took the extreme step of taking their own life in the last four years and the steps taken by Government to improve the morale of soldiers? ANSWER MINISTER OF STATE (DR. SUBHASH BHAMRE) IN THE MINISTRY OF DEFENCE ????? ????? ?????? (??. ????? ?????) (a) to (d): A statement is attached. *******

Transaction Charges by Banks | Both ATM and Cheque Transactions Charge

Transaction Charges by Banks | Both ATM and Cheque Transactions Charge GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA UNSTARRED QUESTION NO: 781 ANSWERED ON: 14.12.2018 Transaction Charges by Banks NEELAM SONKER Will the Minister of FINANCE be pleased to state:- (a) whether the banks charge a fee for every transaction due to which bank deposits are declining and if so, the details thereof; (b) whether banks charge fee for both Automated Teller Machine and cheque transactions due to which small saving account holders are closing their bank accounts; and c) the number of account holders in the Public Sector Banks (PSBs) from the year 2015 till February 2018, year-wise? ANSWER The Minister of State in the Ministry of Finance (a) As per guidelines issued by RBI, basic banking services like deposit, withdrawal of cash at bank branch as well as ATMs, receipt/credit of money through electronic payment channels or by means of deposit/collect

Recruitment of Female Personnels in Armed Forces | The Navy, The Army and The Air Force

Recruitment of Female Personnels in Armed Forces | The Navy, The Army and The Air Force GOVERNMENT OF INDIA MINISTRY OF DEFENCE LOK SABHA UNSTARRED QUESTION NO: 412 ANSWERED ON: 12.12.2018 Recruitment of Female Personnels HARISH DWIVEDI Will the Minister of DEFENCE be pleased to state:- (a) the details of the policy for recruitment of female personnels in each of the three services of armed forces the Navy, the Army and the Air Force; (b) the service-wise and year-wise number of females recruited in these services during the last three years; (c) the service-wise percentage of female personnels as compared to male personnels in the three services as on date; (d) whether the Government is running any special scheme to increase female participation in defence forces; and (e) if so, the details thereof? ANSWER MINISTER OF STATE (DR. SUBHASH BHAMRE) IN THE MINISTRY OF DEFENCE ????? ????? ?????? (??. ????? ?????) (a) to (e) STATEMENT REFERRED T

Enquiries Initiated against Bank Officials | Implementation of Structural Reforms

Enquiries Initiated against Bank Officials | Implementation of Structural Reforms GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA UNSTARRED QUESTION NO: 834 ANSWERED ON: 14.12.2018 Enquiries Initiated against Bank Officials A.P. JITHENDER REDDY Will the Minister of FINANCE be pleased to state:- (a) the number of investigative agencies led enquiries against bank officials who used managerial discretion without due diligence in issuing loans; (b) number of bank frauds noted since 2014 along with the number of enquiries launched and action taken, against auditors who failed to bring fraudulent transactions to notice; (c) whether the Government intend to make Quality Review Board of Institute of Chartered Accountants of India (ICAI) independent authority, instead maintaining it as a department under ICAI due to inherent conflict of interest, if so, the details thereof and the steps taken and deadline set, in achieving this goal; (d) the details of structural re

Proposal for Alternative Pension Scheme | Annuity based Pensionary Scheme in lieu of the existing CPF Scheme

Proposal for Alternative Pension Scheme | Annuity based Pensionary Scheme in lieu of the existing CPF Scheme Navodaya Vidyalaya Samiti Ministry of Human Resource Development Government of India (Department of School Education Literacy) B-15. Institutional Area, Sector-62, Noida, Gautam Budh Nagar, Uttar Pradesh 201309 URL: www.navodaya.gov.in Tele: 0120-2405195-6 F.No.03-01-2018-NVS(Admin.) 4523. Dated: 06/12/2018 To The Deputy Commissioner Navodaya Vidyalaya Samiti All Regional Offices Sub: Proposal for alternative pension scheme in lieu of the existing CPF Scheme  Sir, Proposal for alternative pension scheme in lieu of existing CPF scheme is under consideration of the Ministry. It has been intimated by the Ministry that in the context of the feasibility of extending the benefits of the GPF-cum-Pension Scheme, 1972 not being there, one of the options would be to explore the possibility of having an annuity based alternative pension scheme in lieu of

Dispatch of E‐PPOs in r/o Defence Civilian to Head of Offices & PDA: Circular No: C‐192

Dispatch of E‐PPOs in r/o Defence Civilian to Head of Offices & PDA: Circular No: C‐192  O/o The Principal Controller of Defence Accounts (Pension),  Draupadighat, Allahabad – 211014  Tele: 0532‐2421877, 2421879, 2421880, 2421110, 2422555.  Fax : 0532‐2421869, 2423549  website : www.pcdapension.nic.in e‐mail : cda‐albd@nic.in  Call Centre No(Toll Free)‐1800‐180‐5325(Timing‐9:30 AM to 6:00 PM)  Circular No: C‐ 192 MOST IMPORTANT  No: G1/C/0199/Vol‐II/Tech  Dated: ‐13.12.2018  To, ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ (All Head of Department under Min. of Defence)  Subject: Dispatch of E‐PPOs in r/o Defence Civilian to Head of Offices & PDA.  Reference: This office circular no. C‐164 dated 30.05.2017 and C‐181 dated 22.01.2018.  (available at www.pcdapension.nic.in )  **************  Attention is invited to above cited circulars under which instructions were issued for implementation of e‐PPO in

OROP | Demand of changes in methodology for fixation of pension, periodicity of its revision, coverage of future Premature retirees (PMR) cases etc.

OROP | Demand of changes in methodology for fixation of pension, periodicity of its revision, coverage of future Premature retirees (PMR) cases etc. GOVERNMENT OF INDIA MINISTRY OF DEFENCE LOK SABHA UNSTARRED QUESTION NO: 420 ANSWERED ON: 12.12.2018 One Rank One Pension RAHUL KASWAN Will the Minister of DEFENCE be pleased to state:- (a) whether One Rank One Pension (OROP) has been implemented by the Government for the personnel of Armed Forces; (b) if so, the details thereof; (c) whether there is any resentment among the personnels of Armed Forces in this regard; (d) if so, the details thereof along with the reasons therefor; and (e) the corrective measures taken by the Government in this regard? ANSWER MINISTER OF STATE (DR. SUBHASH BHAMRE) IN THE MINISTRY OF DEFENCE ????? ????? ?????? (??. ????? ?????) (a) & (b): The Government has implemented One Rank One Pension (OROP) for Defence Forces Personnel with effect fro