FM: Prime Minister Approves the Constitution of Seventh Central Pay Commission; Recommendations are Likely to be implemented with effect from 1st January, 2016
The Finance Minister Shri P.Chidambaram in a statement said here today that the Prime Minister has approved the constitution of the Seventh Central Pay Commission.
The fourth, fifth and sixth Central Pay Commissions’ recommendations were implemented as follows:
4th CPC 1.1.1986
5th CPC 1.1.1996
6th CPC 1.1.2006
The average time taken by a Pay Commission to submit its recommendations has been about two years. Accordingly, allowing about two years for the 7th CPC to submit its report, the recommendations are likely to be implemented with effect from 1.1.2016.
The names of the Chairperson and members as well as the terms of reference (ToR) of the 7th Pay Commission will be finalised and announced shortly after consultation with major stakeholders.
*****
DSM/MJPS/KA
(Release ID :99644)
Source: PTI
7 comments:
First let the CG merge 50% DA with Basic pay. From 4 th Pay Commission onwards the pay commission report is implemented WEF 01/01/1986,01/01/1996 and 01/01/2006.The 3rd Pay commission was effective from 01/01/1973 let this pay commission report should be implemented WEF 01/01/2011.So that the deprived section of the employees can be compensated.
First let them merge 50%DA with basic pay and then we will think of 7th pay commission
can anyone let me know about the employee who is getting retired in jan 2014 ? whether he/she will be entitled under 7th pay commission's Retirement age criteria of 62 years ?
Once the 7th Central Pay Commission has been constituted Government may argue that payment of any future DA is subject to approval by the 7th CPC. In other words Government may consider payment of IR to be merged with the proposed revised pay scales.
A good number of employees will retire within january-2014 . In this perspective let us know whether central Govt. will increase retirement age from 60 to 62 in the month of january-2014.
Post a Comment