Tarun Reflex

Thursday, September 25, 2008

Circulars Related to 6th Pay Commission

S.No.

Subject


1  

Recommendations of the Sixth Central Pay Commission – implementation of decisions relating to the grant of Children Education Assistance and Reimbursement of Tuition Fee.


2

Implementation of the recommendations of Sixth Central Pay Commission: Revision of the rates of Central Secretariat (Deputation on Tenure) Allowance and Special Pay applicable to officers of Organized Group `A’ Services on their appointment as Under Secretary, Deputy Secretary and Director in the Central Secretariat under the Central Staffing Scheme and their headquarters respectively.


3

Grant of Deputation (Duty) Allowance – Recommendations of the Sixth Central Pay Commission.


4

Revision of the pay scales of All India Services – Sixth Central Pay Commission – Seeking comments from the State Governments.


5

Recommendations of the Sixth Central Pay Commission-implementation of decisions relating to Special Allowance for child care for women with disabilities and Education Allowance for disabled children of Govt. employees.


6

Recommendations of the Sixth Central Pay Commission relating to enhancement of the quantum of Maternity Leave and introduction of Child Care Leave in respect of Central Government employees.


7

Grant of increased rate of Washing Allowance to common categories of Group `C’ and `D’ employees of various Ministries/ Departments.


8

Recommendations of 6th Central Pay Commission – Applicability for revised Group `D’ pay scales to Casual Labourers with Temporary Status.


9

IAS (Pay) 2nd Amendment Rules, 2008


10

Sixth Central Pay Commission – Recommendations relating to LTC – Acceptance of.


Related to Pension


S.No. Subject

1 Revision of Pension of pre-2006 Pensioners/Family Pensioners

2 Revision of Pension of post-2006 Pensioners/Family Pensioners

3 Resolution

 

Possibly Related Posts –       

   

Six Pay Commission | Table of Content Other Interesting Posts
Technical Posts

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Tuesday, September 9, 2008

Government Employees: Implications of the SPC report

IT ALL started with the SPC bringing cheer to more than 50 lakh babus of the government of India. The babus are still busy, calculating their arrears and collecting information from various sources. ‘What will be my DA, what will be my pay band, what will be my basic pay, how much will I get by way of arrears, how much of the arrears will I get this year, what will be its impact on my income tax liability for the current year and the next, etc’ are amongst the plethora of questions to which they want to find an answer, given that the government is inclined to favour them with one benefit after benefit. It seems that the government has decided to keep its employees preoccupied with calculating their benefits until the next election. The benefits have puzzled the babus in the sense they do not know where to start and where to end in the context of the computation of the benefits. To put it in the computer nerd’s language, they don’t know the ‘begin_date’ and the ‘end_date’.

The way the government is heaping benefits on its employees, one gets the impression that the employees had starved for decades. Be it improving the basic pay scale or adding sparkling features to the pay band or reckoning even transport allowance for computation of Dearness Allowance or the latest carrot, viz., offering retirement benefit, the government has really pampered its employees. It is for the benefit of these babus, the following explanation is being offered, feature by feature. Are the babus ready to jot down, then?
  1. Full pension only after 20 years: You are entitled to full pension after completing 20 years of service. This offer is really attractive to those government employees who joined at an early age and now want to enter the private sector. Pension will act as a cushion after they give up the secure government job. The government has tried to attract young talent by incorporating this flexibility.
  2. Gratuity limit enhanced:Gratuity cap has been raised to Rs 10.00 lakhs from the present Rs 3.5 lakhs – a cool jump of approximately 300 percent! Of course gratuity is a function of the service put in by the employee and the last salary drawn. But it will provide adequate relief to employees retiring in the near future in the context of the scorching inflation of over 12 percent ruling for sometime now. They can invest this lump sum in any bank and generate over 10 percent by way of interest. It is a double bonanza for those on the verge of becoming senior citizens.
  3. Enhanced pension cap and floor limit: Government has raised the minimum pension of its employees from Rs 2,813/- to Rs 4,060/-. The upper ceiling has been raised to Rs 52,200/- from Rs 33,075/- at present. So the cap has been raised by a whopping 58 percent while the floor (minimum) has been raised by an impressive 44 percent. So employees in the higher salary bracket will benefit more when they retire.
  4. Live long and enjoy more:A new and unique dimension has been added to the new pension scheme. If you remain healthy post-retirement and hence live longer, your pension will increase proportionately. So once you turn 80, your pension will rise by 20 percent; similarly if you turn 85, your pension will rise by 30 percent; each additional five years there from will entitle you to a rise of over 10 percent.
  5. Arrears will not be taxed in the same year: Some confusion prevails with regard to computation of income tax in respect of arrears. Arrears would be released in two instalments of 40 percent and 60 percent in two financial years, viz., 2008-09 and 2009-10. Earlier it was reported that even though the arrears would be released in two instalments, the employee should reckon the arrears fully as income in financial year 2008-09. It spoiled the employees’ party since most of the first installment of arrears released would have been gobbled up by the taxman this year. But the Finance Minister has reportedly clarified that only the arrears released this year, viz., 40 percent will be taxed.
  6. Benefits enhanced if employees dies while on duty:Ex gratia paid to the family of an employee killed in terrorist attacks or attacks by anti-social elements has been enhanced to Rs 10.00 lakhs. The family will be paid Rs 15.00 lakhs by way of ex-gratia if the employee dies fighting a war or battling militants or working at high altitudes characterised by hostile weather.

This will encourage the youth to join the army and undertake the task of safeguarding our borders.

It appears that government is determined to overhaul its departments and attract the youth. Government jobs had lost their sheen with the advent of a liberalized economy. The whole exercise seeks to benefit everyone in every possible way – right from hiking the emoluments paid to serving young employees to hiking the terminal benefits paid to outgoing employees. The exercise is sure to add some value to government jobs until of course the private sector hikes the benefits of its employees proportionately.

More SIX PAY COMMISSION NEWS (Full Coverage)

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High Court clears petitions related to pension benefits of ex-servicemen

A Division Bench of the Punjab and Haryana High Court today allowed five petitions filed by the All India Ex-servicemen Welfare Association holding any personnel below the officer rank (PBOR) entitled to the improved pension from January 1, 1996, the day of implementation of the Fifth Central Pay Commission, instead of Jan 1, 2006.

Saturday, September 6, 2008

Six Pay Commission | New Pension Rules with Better Pay Panel Package

This should cheer former central government employees. With the Center notifying the new pension rules, they can expect a higher pension packet from next month. The revised pensions are higher than what the sixth Pay Commission recommended.

Although the move benefits the cross-section of retired employees, those in higher brackets have gained more in real terms. New pensions for defence and railway personnel will be notified separately.

Older pensioners have an added reason to rejoice. Centenarians will get 100% extra pension calculated at revised rates. Similarly, those over 80 years will get an additional 20% of their basic pension. This goes up by 30%, 40% and 50% for those over 85, 90 and 95, respectively

To get an idea of the quantum of hike, a person with a basic pension of Rs 10,000 — who used to get Rs 22,050 in hand — will now receive a total pension of Rs 26,216. The new rates are effective from January 2006 and the arrears will be given out in two installments — 40% during the current fiscal, 60% in 2009-10 .

The maximum gratuity too has been revised to Rs 10 lakh, up from the earlier Rs 3.5 lakh. If an employee dies during service, his family will now get full pension (enhanced family pension) for 10 years.

The new rules also add more flexibility in retirement benefits. For instance, those who are due to retire can now get 40% of their pension commuted and get a lump sum amount in turn.

GOLDEN SMILES

  1. Minimum pension Rs 4,060, up from earlier Rs 2,813 in hand (revised pension to be effective from Jan 1, ’06).
  2. Maximum pension Rs 52,200, up from Rs 33,075.
  3. Maximum gratuity up to Rs 10 lakh (depending on years of service and last salary drawn).
  4. Enhanced family pension, for employees dying in service, to be full pension for 10 years.
  5. Employees eligible for full pension if service is for 20 years.
  6. Incremental additional pension for those 80 years and above. People over 100 to get double pension.

Monday, September 1, 2008

Summary After 29 August Gazette Notification

Here is again a summary of important links regarding 29 August Gazette Notification:

1.) Download the Pay Commission Notification and Resolution (29 August 2008) from the links given below:

SIX PAY COMMISSION GAZETTE,NOTIFICATION AND RESOLUTION FOR PENSIONERS AND PENSION CALCULATOR (ALL IN ONE)

DOWNLOAD (CLICK HERE)

Note:- Please use Winrar Software to extract the files from archive. Winrar can be downloaded from http://www.download.com  for free

2.) Information about NEW PAY BAND:

The Final New Pay Bands are here | Enhanced Grade Pay for PB3 and PB4

3.)Read Full Text of Six Pay Commission:

Text of 6th Pay Commission Notification

4.) Information about DA,allowances,pay bands and other important features

Some Key Points of Sixth Pay Commission after notification

5.) For Salary Calculation:

Use the calculator given at www.staffcorner.com .

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Saturday, August 23, 2008

6th Pay Commission Recommendation for Pensioners

After much requests from users about the PENSION BENEFITS FOR PENSIONERS as per the Sixth Central Pay Commission,Here is the Calculator for calculating pension as per 6th CPC.

 

NEW SALARY CALCULATOR (As per 29 August notification)

PENSION CALCULATOR based on 29 August 2008 Govt. Gazette

Few useful Websites useful for all Pensioners:

Pensioner’s Portal (Govt. Of India)

Community for Govt. Officers

Sites For State Govt. Pensioners:

 
1 Assam
2 Gujarat
3 Himachal Pradesh
4 Madhya Pradesh
5 Punjab
6 Rajasthan
7 Tamilnadu
8 Uttar Pradesh
9 Chhattisgarh

Download this New Pension Calculator to know the benefits for Central Government Pensioners out of Sixth Pay Commission recommendations

UPDATE:

PENSIONERS PAY INCREASE : AS PER SIXTH PAY COMMISSION.
as per Table in annexure 5.1.1. of cpc r3eoprt
M.F : 4.267
Pay + Dearness pay as on 1.01.2006 Rs 11190.00
Commutation Amount: Rs. 2984.
D.A. as on 1.1.2006 after revision: 0%
Revised Pay as on 1.1.2006 Rs.15965 (11190*1.4267) (see table 5.1.1 in annex)
Net pension Rs.12981 (15965-2984) less commutation)

prerevised pay+dp Rs.11190.00
DA as 0n 1.1.2006 24% (pre cpc6) Rs. 2686.00
Commutation amount Rs. 2984.00

Pension already drawn as on 1.1.06. Rs. 10892.
increase due to CPC as on 1.01.2006 Rs.12981-10892 = 2089

Pension as on 1.8.2008 Revised: Rs.15535 (D.A.16% + revised pension)
Pension already drawn: 1.8.2008 Rs.13465
Increase due to cpc as on 1.8.2008 Rs. 2070

Percentage increase to already drawn Basic pension+D.P = 2070/11190 *100= 18.5%

Dearness Allowance after CPC approved:
1.01.06 — 0 %
1.07.06 — 2%
1,01.07 — 6 %
1.07.07 — 9 %
1.01.08 — 12%
1.07.08 — 16%

So pensioner get 18.5% increase in their pension. Thanks to cpc.

Thanks to Mr. Sesha Iyengar Thirumalai for this update

NEW SALARY CALCULATOR (As per 29 August notification)

PENSION CALCULATOR based on 29 August 2008 Govt. Gazette

(1.) Pay Calculator – for ACP and Promotion (6 CPC Pay Fixation on the Date of Promotion/ACP) 

CLICK HERE TO USE THE CALCULATOR. 

 

(2.) Pay and Arrear Calculator – for ACP/PROMOTION – Fixation on 1-1-2006 irrespective of ACP/PROMOTION

CLICK HERE TO USE THE CALCULATOR.  

 

(3.) Pay and Arrear Calculator – Fixation of Pay on the Date Of Increment

 

 

CLICK HERE TO USE THE CALCULATOR.

 

(4) All Pay Bands Calcuator

 

(5.) Pension and Arrears

 

Instructions :

  • Please wait while the page reloads completely to use the calculator.
  • Use the (CLICK TO EDIT) Button on the top left corner of the spreadsheet to edit numeric fields.
  • After pressing CLICK TO EDIT Button, Double Click on the field you want to edit and enter the value.
  • use Horizontal Scroll Bar if the sheet is not displayes properly.

Possibly Related Posts –       

    

Six Pay Commission | Table of Content Other Interesting Posts
Technical Posts

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