Saturday, March 1, 2014

7th Pay Commission may recommend in its interim report to merge 50% of DA with basic pay..!

7th Pay Commission may recommend in its interim report to merge 50% of DA with basic pay..!

NEW DELHI: The Union Cabinet on Friday raised dearness allowance to 100% from 90%, benefiting 50 lakh employees and 30 lakh pensioners.

The government has also cleared the way for merger of 50% DA with basic pay by approving it among the terms of reference of the 7th Pay Commission. An official said now the commission can suggest the merger in its interim report.

He added that 50% DA merger with basic pay will roughly increase the gross salaries of central government employees by around 30%.

The Cabinet approved the proposal to release an additional installment of DA and dearness relief (DR) to pensioners with effect from January 1, 2014, in cash, but not before the disbursement of the salary for the month of March 2014 at the rate of 10% increase over the existing rate of 90%, said an official statement.

Central government employees as well as pensioners are entitled for DA/DR at the rate of 100 per cent of the basic with effect from January 1, 2014, it said.

The government has estimated that the combined impact on exchequer on account of both DA and DR would be Rs 11,074.80 crore every year.

Source : Times of India
[http://timesofindia.indiatimes.com/india/Cabinet-hikes-DA-to-100-salary-may-increase-by-30/articleshow/31190916.cms]

Possibility to announce Interim Relief before elections

Possibility to announce Interim Relief before elections
Proposals of Enhancement of Retirement age and Merger of D.A may not materialize
It was learnt from the sources close to the Union Government that the proposals of Enhancement of Retirement age of Central Government Employees from 60 to 62 years and Merger of D.A to basic pay may not be materialized now before General elections.

Accordingly, these two proposals have not been taken up for consideration by the union Cabinet in its meeting held on friday. But there is possibility to announce Interim Relief (I.R) before elections.

Source: www.postalinspectors.blogspot.in
[http://postalinspectors.blogspot.in/2014/02/proposals-of-enhancement-of-retirement.html]

50% Merger of DA and Retirement Age 62 – No discussion in the Cabinet Meeting

50% Merger of DA and Retirement Age 62 – No discussion in the Cabinet Meeting

50% Merger of DA and Retirement Age 62 – No discussion in the Cabinet Meeting in its meeting held on Friday (28.2.2014)

Proposals of Enhancement of Retirement age and Merger of D.A may not materialize

It was learnt from the sources close to the Union Government that the proposals of Enhancement of Retirement age of Central Government Employees from 60 to 62 years and Merger of D.A to basic pay may not be materialized now before General elections. Accordingly, these two proposals have not been taken up for consideration by the union Cabinet in its meeting held on Friday. But there is possibility to announce Interim Relief (I.R) before elections.

Source: www.postalinspectors.blogspot.in
[http://postalinspectors.blogspot.in/2014/02/proposals-of-enhancement-of-retirement.html]

Proposals of Retirement age 62 and 50% DA Merger..?

 Proposals of Retirement age 62 and 50% DA Merger..?

Modest Expectation for 50% DA Merger still on the cards

The expectations will not subside until the central government makes it clear whether 50% DA Merger will be approved or not. Though there were mixed news about whether 50% DA Merger is approved or not, Railway and Defence Federation’s Leaders told that the 50% DA merger was approved by the Cabinet. A website belongs to an important railway federation also flashed a news confirming merger of 50% DA is approved by the cabinet. Sometime later it changed its stand and removed the flash news

One of the News Media also confirmed that 50% DA is approved by the cabinet. But so far any announcement in this regard has not been come from the Government. Some Leaders of the Federations told, ‘when we had a talk with them, initially the central government agreed in principle to merge the 50% of Dearness Allowance and its decision was expected from the cabinet meeting held yesterday evening. But we are unaware of the reason for the government not announcing its decision.’

Earlier reports claimed that the government was considering 50% DA Merger and increasing retirement age to 62. But a source close to official side said these will be a part of Terms of Reference of 7th Pay Commission and the Panel , however, can recommend this later

Everybody feels, still it is an incomplete picture, as the government has not declared it is done

Source: www.gservants.com
[http://www.gservants.com/2014/03/01/modest-expectation-50-da-merger-still-cards/]

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