Implementation of the recommendation of the 7th CPC : Option regarding commutation of additional amount of pension

Commutation of Pension as per 7th CPC - DPPW issued orders on 24.10.2016

Implementation of the recommendation of the 7th CPC - Option regarding commutation of additional amount of pension

F.No.42/14/2016-P&PW(G)
Government of India
Ministry of Personnel, PG & Pensions
Department of Pension & Pensioners Welfare

3rd Floor, Lok Nayak Bhawan
khan Market, New Delhi-110003
Date:- 24th Oct, 2016

OFFICE MEMORANDUM

Subject: Implementation of the recommendation of the 7th CPC - Option regarding commutation of additional amount of pension.

The undersigned is directed to state that in pursuance of Government’s decision on recommendation of 7th Central Pay Commission, orders have been issued for revision of provisions regulating pension/gratuity/commutation of pension etc. vide this Department’s OM 38/37/2016-P&PW(A) dated 04.08.2016. In para of the said OM, it has been mentioned that there will be no change in the provisions relating to commutation values, the limit upto which the pension can be commuted or the period after which the commuted pension is to be restored.

2. As per Rule 10 of CCS (Commutation of Pension) Rules, 1981, an applicant who has commuted a percentage of his final pension and after commutation his pension has been revised and enhanced retrospectively as a result of Government’s decision, the applicant shall be paid the difference between the commuted value determined with reference to enhanced pension and the commuted value already authorised. For the payment of difference, the applicant shall not be required to apply afresh.

3. References have been received in this Department that many pensioners who retired after 01.01.2016 and have drawn pension/commuted value of pension based on their pre-revised pay/pension do not wish to commute the pension which has become additionally commutable on revision of pay/pension on implementation of recommendations of 7th CPC. the matter has been examined in consultation with Ministry of Finance (Department of Expenditure), It has been decided that those pensioners who retired from 01.01.2016 till 04.08.2016 i.e. the date of issue of orders for revised pay/pension based on the recommendations of the 7th CPC may be given an option, in relaxation of Rule 10 of CCS (Commutation of Pension) Rules, 1981, not to commute the pension which has become additionally commutable on revision of pay/pension on implementation of recommendations of the 7th CPC. The Cases where the additional pension after 7th CPC has already been commuted will not be re-opened.

4. In their application to the employees of Indian Audit and Accounts Department, these orders issue in consultation with Comptroller and Auditor General of India.

5. This issues with the concurrence of Ministry of Finance, Department of Expenditure ID No.192/E.V/2016, dated 30.09.2016.

sd/-
(Suiasha Choudhury)
Director(Pension)

Click to view the order

Authority: http://www.pensionersportal.gov.in/

Why the DA from July 2016 is not announced yet ?

Why the DA from July 2016 is not announced yet ?

All the Central Government Employees wonder why there is so much delay in announcing the DA from July 2016, the first instalment of Dearness Allowance in 7th CPC.

The silence of the Federations in the Dearness Allowance issue is not understandable. The way the present Government deal with the issues related to central government Employees is unacceptable. But it seems that the Staff Associations lost its vigour to fight with the Government to settle the genuine issues pertaining to Central Government Employees.

Already the fate of the Allowances is not known. To Everyone’s Surprise, the Government is not ready to say anything about Dearness Allowance, as there is none to ask them about why the DA has not been announced. If the Federation know the reason for the delay of announcing the DA from July 2016, they bound to tell the CG Staffs the reason behind the inordinate delay.

Whether it is 3% or 2% whatever it may be , but Dearness Allowance announcement should be made in time. The morale of the employee should not be let down. Because low morale can lead to poor cooperation, low productivity.

Source: Gservants.com

State Railway Provident Fund: Rate of interest 2016-17

State Railway Provident Fund - Rate of interest during the year 2016-17 (October, 2016 - December, 2016)

RBE No. 121/2016

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No. F(E)III/2003/PF/1/1

New Delhi, Dated : 13.10.2016

The GMs/FA&CAOs,
All Indian Railways/Production Units,
(As per mailing list)

Subject: State Railway Provident Fund - Rate of interest during the year 2016-17 (October, 2016 - December, 2016).

******

A copy of Government’s Resolution No. 5(1)-B(PD)/2016 dated 3rd October, 2016 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 8.0% (Eight per cent) w.e.f. 1st October, 2016 to 31st December, 2016 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.

2. Please acknowledge receipt

(Sanjay Prashar)
Deputy Director, Finance (Estt.) III
Railway Board.

(PUBLISHED PART I SECTION 1 of Gazette of India)
F.NO 5(1)-B(PD)/2016
Government of India
Ministry of Finance
Departments of Economic Affairs
(Budget Division)

New Delhi, the 3rd October, 2016

RESOLUTION

It is announced for general information that during the year 2016-2017, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.0% (Eight per cent) w.e.f.1st October, 2016 to 31st December 2016. This rate will in force w.e.f. 1st October 2016. The Funds concerned are :

1. The General Provident Fund (Central Services)
2. The Contributory Provident Fund (India)
3. The All India Services Provident Fund
4. The State Railway Provident Fund’
5. The General Provident Fund (Defence Services)
6. The Indian Ordnance Department Provident Fund.
7. The India Ordnance Factories Workmen’s Provident Fund
8. The Indian Naval Dockyard Workmen’s Provident Fund
9. The Defence Services Officers Provident Fund.
10.The Armed Forces Personnel Provident Fund

2. Ordered that the Resolution be published in Gazette of India

(Vyasan.R)
Deputy Secretary (Budget)

Source : NFIR

Medal Winners of RIO Olympics/Paralympics 2016 receive cash award from Sports Minister Vijay Goel

Medal Winners of RIO Olympics/Paralympics 2016 receive cash award from Sports Minister Vijay Goel

Cash award distribution function was held here today for medal winners of Rio Olympics/Paralympics, 2016. Shri Vijay Goel, Union Minister of State (Independent Charge) for Youth Affairs and Sports was the chief guest.

In his address, the sports Minister assured the people about the commitment of his government towards the promotion and development of the sports in the country. He assured the all medal winner sportspersons that government would leave no stone unturned in promoting and supporting the all sports in the country.
Shri Vijay Goel presented the cash awards. Amount of cash awards is as follows:

Shri Mariyappan Thangavelu (Gold in High Jump), - 75 Lakhs.
Shri Devendra Jhajharia (Gold in Javelin Throw) – 75 Lakhs
Ms. P.V. Sindhu (Silver in Badminton) – Rs. 50 Lakhs.
Ms. Deepa Malik (Silver in Shot Put) – Rs. 50 Lakhs
Ms. Sakshi Malik (Bronze in Wrestling) – Rs. 30 Lakhs
Shri Varun Singh Bhati (Bronze in High Jump) – Rs. 30 Lakhs

Cash awards were distributed under the Government of India (Ministry of Youth Affairs and Sports)’s scheme of special awards to medal winners in international sports events. Ms. P.V. Sindhu and Ms. Sakshi Malik could not participate in the event as they are busy with their national / international competitions. On behalf of Sakshi Malik her father received the award.

PIB

7th CPC HRA : Allowance Committee Meeting Proposal for House Rent Allowance

7th CPC HRA : Allowance Committee Meeting Proposal for House Rent Allowance

Sources said that the Allowance Committee Meeting has finalized a proposal on HRA. It will be finalized in the Meeting held on 25th October 2016. It is said that the proposed Meeting under the Chairmanship of DOPT Secretary (P) with the Secretary Staff Side, NC (JCM) is to firm up the view on various allowances pertaining to Department of Personnel & Training.

This Meeting is conducted as per the decision of Allowance Committee Meeting held on 1-9-2016. The meeting to finalize the allowances pertaining to DOPT has been scheduled to be held on 25th October 2016.

The Reliable Sources said that the Official Side are in the view of increasing HRA by 1 Stage to reach 30% , 20% and 10% .

The pay Commission recommended HRA at the rates initially from 24%, 16%, and 8 % and whenever DA reaches 50% it will be increased to 27%, 18% and 9% and Finally after DA reaches 100% the HRA will be revised to 30% , 20% and 10% for X,Y and Z cities respectively.

The NCJCM has demanded in its Memorandum submitted to the 7th Pay Commission that 60%, 40% and 20% HRA to be recommended for X,Y and Z cities.

The Pay Commission totally ignored this demand and recommended reduction of rates from Sixth CPC. Since it is Co related with DA , it will be increased after two stages to 30%, 20% and 10% after DA reaches 50% and 100%.

The sources said that now it is proposed to start the HRA rates initially from 27%, 18% and 9% and after DA reaches 50% the House Rent Allowance will be revised to 30%, 20% and 10% for X,Y and Z cities respectively.

Source : govtstaffnews.in

History behind the Diwali Bonus: What is Diwali Bonus?

History behind the Diwali Bonus: What is Diwali Bonus?

What is Diwali Bonus? 
Initially there was a concept of salary to be paid on a weekly basis to the workers in India, particularly the textile and flour mill workers in Bombay.

So you received 52 salaries in a year.
But when British started ruling India they came up with concept of Monthly salary which meant you were getting paid for 48 weeks only.

So if we have 4 weeks in a month, 13 salaries should have been distributed but as per a monthly structure they were giving only 12 salaries in a year.

When people realized that this was a loss to them in terms of one salary many protest rallies were organised in Maharashtra during 1930-1940.
The British then came up with a solution to this problem. 

After discussion with labour leaders about how to distribute this 13th salary and they decided Diwali being the biggest festival of India, they would distribute this 13th salary during Diwali. Today this is called the Diwali Bonus. This was implemented from 30th June 1940. Many don't know the history behind the Diwali Bonus and hence this post.⁠⁠⁠⁠

Courtesy : PA Legacy

Postal Dept: Include the demands of five days week for operative staff in character of demands.

Postal Department: Include the demands of five days week for operative staff in character of demands.

Letter To CHQ demanding 5 Day Week for all Postal Employees. All Central Govt offices are enjoying 5 day week and here we are working 6 days and that too more than 8 hours on almost every day. While CO RO DO staff are getting 5 days a week even we should get 5 day week.

Even Banks have got 2 extra holidays. So brothers and sisters lets this demand that this issue is also included in the charter of demands in the coming strike. We request your support by sharing this article to all your friends on facebook whatsapp etc. Red Salute

Thanks to Shri Ravi Bhosale, Divisional Secretary AIPEU GR-C Sindhudurg Division for sharing the letter with us.

via: palegacyblogspot.in