Wednesday, October 23, 2013

A Meeting on 7th Pay Commission is convened by DOPT

A Meeting on 7th Pay Commission is convened by DOPT
The central government employees will be happy to see some progress in the announcement made by central government on setting up of 7th Pay commission. The General Secretary, NFIR –National federation of Indian railway men, informed his leaders through his letter dated 20/10/2013, that a meeting with JCM Members has been convened under the Chairmanship of Secretary,DOP&T at 1500 hours on 24th October, 2013 in Committee Room No. 190, North Block,New Delhi.

According to the General Secretary, NFIR, the Core Issue to be discussed in the meeting will be ‘Terms and reference of 7th Pay commission.’ So it is believed that National Council JCM Members will share their views in the meeting regarding Terms and reference of 7th Pay Commission. Already lot of suggestions has been poured by netizens on 7th pay commission and the terms and reference of 7th pay commission.

What is Terms and Reference?

The term represents mainly two things
1.Purpose
2.Structure

So the purpose and structure of 7th pay commission will be discussed and most probably defined in the meeting to be held on 24/10/2013 at North Block with Staff Side Members of National Council JCM.

Some suggestions on Terms and reference on 7th Pay commission are compiled and produced here for inviting the Readers opinion.

Structure of the 7th Pay Commission
1) As the practice fallowed before ,7th pay Commission should be headed by a Retired or serving Judge of the Supreme Court;

2) Members of the Commission should have a representation from each Pay Band

3) Commission should have one Member each from Defence , Railways and Postal

4) It should be assisted by a Consultative Body of Ex-Defence and Railway Personnel to project the special conditions prevailing there in – being the largest employers.

Purpose and Principals of Pay Determination
1) 1: 12 Ratio between Minimum and Maximum PAY to be reduced

2) Rationalizing Promotion Policy (No reservation in promtion)

3) Ensure effective functioning of Government Mechanism

4) Effective Grievance redressal System for Government servants

5) Removal of anomalies of Sixth CPC

6) Skill based Wage Structure ( Suggestion of Economist)

So Readers may share their views here ,if any ,on 7th Pay commission and the terms and reference of 7th pay Commission

Source: http://www.7thcentralpaycommission.net

Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber

Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
 
23rd October, 2013
PFRDA/2013/17 /PDEX/10

Subject: Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber
 
In partial modification of exit guidelines provided under master circular no: PFRDA/2013/2/PDEX/2 (at Serial no: 2 & 3) dt: 22/01/2013, it has been decided to provide an option to withdraw the entire accumulated pension wealth to subscribers other than the subscribers of NPS Lite – Swavalamban Scheme, subject to the condition that:

The accumulated pension wealth in the subscribers permanent retirement account is equal to or less than Rs.2,00,000/- at the time of superannuation for government employee subscribers or upon attaining the age of 60 years for subscribers falling under All citizen model and Corporate model.

The subscribers wishing to exercise this option shall have to fill the attached request form along with the NPS Withdrawal form while submitting the same to their
DDO/PAO/DTO/POP.
Sd/-
Venkateswarlu Peri
General Manager

CIRCULAR

National Pension System (NPS)

Request for withdrawal of Total Pension Wealth upon normal superannuation (for government employees) / Upon attaining the age of 60 years and where the total pension wealth is equal to or less than Rs.2,00,000/-
 
I _________________________________________ holding a Permanent Retirement Account with number (PRAN) ————————————————– do
hereby apply for the payment of the accumulated pension wealth in my NPS account being the full and final benefits receivable by me.

Date:
Place: Signature of the Subscriber

Directorate of Estates Orders - Allotment of Guest House at Bangalore is stopped temporarily

Directorate of Estates Orders - Allotment of Guest House at Bangalore is stopped temporarily

Directorate of Estates under Ministry of Urban Development has informed through an Office Memorandum vide No. D-11016/66/2013-Regions dated 11th October 2013 that the booking of Guest House at Koramangala, Bangalore is being temporarily stopped till end of November, 2013 or till further orders, whichever is earlier.

The order is reproduced here under...

No. D-11016/66/2013-Regions
Government of India
Ministry of Urban Development
Directorate of Estates

Nirman Bhawan, New Delhi
Dated 11.10.2013

Office Memorandum
Subject: Temporary stoppage of allotment of Guest House at Bangalore.

The undersigned is directed to refer to Executive Engineer, Bangalore Central Division-II, CPWD, Bangalore letter No. 23(96)(7)/BCD-II/2013/882 dated 03.10.2013 & Directorate of Estates O.M. of even No. dated 02.09.2013 on the above mentioned subject and to say that booking of Guest House at Koramangala, Bangalore is being temporarily stopped till end of November, 2013 or till further orders, whichever is earlier.

(N.S. Chauhan)
Assistant Director of Estates (Regions)
Source: www.holidayhomes.nic.in

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