Wednesday, May 29, 2013

Union government requires retirement age 62

Union government requires retirement age 62

The Union Government is seriously considering raising the retirement age to 62 for Central Government employees. Obviously, if the Congress announces this before the Lok Sabha polls, it could expect a sizeable vote share. North Block, which houses the Union Ministry of Finance would be more than happy to have 62 years as the retirement age because for next two years the pension funds can accumulate.

The UPA2 also wants to put the next government in fiscal tight spot, or what is called the War Room effect of the AICC.

Source: www.news.rediff.com
[http://news.rediff.com/commentary/2013/may/27/union-government-wants-retirement-age-62/bb31a983bae7063849ed4600a9e9ffbd]

Defined Contribution Pension System (NPS) covers death/disability of Government Servants on additional Relief: CGA Orders 2013

Defined Contribution Pension System (NPS) covers death/disability of Government Servants on additional Relief: CGA Orders 2013

1(7)1/DCPS(NPS)/2009/TA/295
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CONTROLLER GENERAL OF ACCOUNTS
7th FLOOR, LOK NAYAK BHAWAN
NEW DELHI

Corrigendum

Dated: 27/05/2013

Sub: Additional Relief on death/disability of Government Servants covered by the Defined Contribution Pension System (NPS)

Reference is invited to this office OM No.1(7)/DCPS (NPS)/2009/TA/221 dated 02.7.2009 on the above mentioned subject. The existing para No. 3(xix) of the above OM has been substituted by the following:

"(xix). The Pension Account holding bank will be responsible for obtaining periodical certificates such as Life Certificate, Re-employed Certificate etc. (as prescribed in CPAO’s Scheme for Payment of Pensions to Central Government Civil Pensioners through Authorised Banks and intimated electronically to CPAO on due dates. (Life certificate should be obtained by 1st November each year and intimation uploaded on CPAO’s website). Drawing of pensions/family pensions will be subject to the receipt of Life Certificate by CPAO".

sd/-
(Chandan Mishra Dwivedi)
Dy. Controller General of Accounts

Source : www.cga.nic.in
[http://cga.nic.in/forms/OrderList.aspx?Id=29]

Anomalies in salaries of Central Government Employees : Minister answered in Parliament

Anomalies in salaries of Central Government Employees : Minister answered in Parliament

In the Parliament the Hon'ble Member Shri.Kunwar Rewati Raman Singh questioned that whether salary anomalies that have arisen on account of the sixth pay commission have not so far been resolved completely and what steps taken by the Government in this regard..?

The Minister of State in the Ministry of Personnel, Public Grievances and Pensions and Minister of State in the Prime Minister’s Office SHRI V. NARAYANASAMY has replied to the question above mentioned in Lok Sabha on 8.5.2013 as follows...

"To resolve anomalies which may have arisen due to implementation of the recommendations of the 6th Central Pay Commission, orders were issued by the Government for setting up of Anomaly Committee(s) at National as well as Departmental level to look into the anomalies of common categories of employees and pay anomalies specific to the employees of a particular Ministry or Department.

A number of items, relating to the common category of employees were discussed in the National Anomaly Committee which held five meetings. Pay anomalies and other demands relating to the Central Government employees and pensioners/family pensioners were discussed with the representatives of the Staff Side. These have largely been resolved except a few issues where formulation of pay fixation by the Pay Commission was contested by the Staff Side; parity in Pension which is sub-judice, is yet to be resolved.

Pay anomalies specific to the employees of a particular Ministry or Department are being considered by the Departmental Anomaly Committees and no centralized information in this regard is maintained".

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