BPEF Palakkad Division

2018-06-05T20:15:00.002-07:00

BPEF NEWS DTD 5.6.18

BPEF STRIKE WILL CONTINUE .
GDS COMMITTEE FILE PUT UP TO CABINET AS ITEM 27.
INFORMED BY BPEF DELHI OFFICE
VIJAYAN P PAKARATH
ALL INDIA ORG SECRETARY BPEA GR.C

2018-06-03T00:35:00.002-07:00

GUIDELINES FOR SUBMISSION OF CHILDREN EDUCATION ALLOWANCE .

1. CEA rate from Apr 17 to Jun 17 is Rs 1500/- PM (required to submit School fees receipt and bills).

2. CEA rate from Jul 17 to Mar 18 is Rs 2250/- PM (Fixed amount no need to submit receipts / bills).

3. For Hostel Subsidy the rate is Rs 6750/- PM w.e.f. 01 Jul 17.

4. CEA for Specially Abled Children is Rs 4500/- PM w.e.f. 01 Jul 17.

5. For claiming CEA submit a certificate issued by Head of Institution / School.

6. For Hostel Subsidy similar certificate required with additional information about expenditure towards boarding and lodging in the residential complex.

7. Re-imbursement of CEA forms are given below.

7th CPC Children Education Allowance: Self Declaration

SELF DECLARATION

I Service No. _________Rank_______________ Name ________________________ of Unit ICGS Samarth do hereby certify that my Son / Daughter namely __________________________ Studied in Class _____ Sec ____________ Roll No. ____________________ during Previous Academic Year 2017-2018 in
______________________________________________________________ School.

In the event of any change in the particulars given above which affect my eligibility for Children Education Allowance. I undertake to intimate the same promptly and refund excess payment, if any made to me.

Signature of Govt Servant
Name: _____________________
Rank: _____________________
P.No. _____________________

Place: ______________
Date: ______________

7th CPC CEA: Certificate from the Head of Institution / School – Format

Authority vide Government of India Ministry of Personal P.G and Department of Personal &Training New Delhi

Order No. A-27102/02/2017-Estt. (AL) 16 August 2017
(This order shall be effective from 01 Jul 2017)

CERTIFICATE FROM THE HEAD OF INSTITUTION /SCHOOL
(FOR REIMBURSMENT CEA)

Ref No……………… Date:………………….

It is certified that Master/ Kumari ______________________ having Admission No___________D.O.B____________ Son / Daughter of Mr /Mrs. ________________________
was studying in Class __________ Sec ______ Roll No._____________ during the Previous Academic Year from 2017 to 2018 School / Institution, namely _______________________________________________ vide affiliation Regd No. / Code _______________________________ and pattern ___________________ Curriculum.

Place: ________________

Date:- ________________

Signature of principal
(Affix School Stamp)

7th CPC CEA – Proforma for Re-Imbursement

PROFORMA FOR RE-IMBURESMENT OF CHILDREN EDUCATION ALLOWANCE

CLAIM FOR THE ACADEMIC YEAR: 2017-18

I hereby apply for the reimbursement of Children Education Allowance / Hostel Subsidy for my child / children and relevant particulars are furnished below:-

Re-imbursement of Expenditure :-

9. Distance of Hostel of child from residence of employee (in case Hostel Subsidy): NA

10. Amount of CEA / Hostel Subsidy already received up to previous quarter: NIL

11. The Academic year for which CEA / Hostel Subsidy is applied now: 2017-18

12. (a) Whether the child for whom the CEA is applied for is a disabled child : Yes / No
(b) If yes, indicate the nature of disability:
(c) Date of disability certificate:
(d) Indicate the percentage of disability:
13. Whether the Bonafide certificate from Head of Institution has been attached : Yes / No

14. For Hostel Subsidy, the Bonafide certificate from mentioning the amount is attached: NA

15. If Yes at Item No. 14, Amount claimed for Hostel Subsidy: Rs___NA___

16. (a) Certified that I or my wife / husband is / is not a Central Government servant.
(b) Certified that my wife / husband Sri / Smt …………………………………….. is presently working as:…………………………………. in ………………………………………………. and that he / she shall not apply / has not applied for the Children Education Allowance for the child/children mentioned above.
(c) Certified that I or my wife / husband has not claimed this re-imbursement from anyother source and will not claim the same in future.

17. Certified that my child in respect of whom re-imbursement of Children Education Allowance is applied is studying in the School / Jr. College which is recognized and affiliated to Board of Education / University.

18. Certified that I am claiming the CEA in respect of my two eldest surviving children only, The information furnished above are complete and correct and I have not suppressed any relevant information. In the event of any change in the particulars given above which affect my eligibility for reimbursement of Children Education Allowance, I undertake to intimate the same promptly and also to refund excess payments if any made. Further, I am aware that if at any stage the information / documents furnished above is found to be false, I am liable for
disciplinary action.

Date: Apr 18

Place: Goa

(Signature of Govt Servant)

Name: ………………………………………..
Rank : ………………………………………..
P.No.: ……………………………………….

II
COUNTERSIGNED

ICGS Samarth
Goa – 403 803

Committee set up to Review Wage Structure of Gramin Dak Sevaks

2016-01-01T21:11:00.002-08:00

Press Information Bureau
Government of India
Ministry of Communications & Information Technology

01-January-2016 15:16 IST

Committee set up to Review Wage Structure of Gramin Dak Sevaks

A one man Committee to examine the wage structure, service conditions, etc. of the Gramin Dak Sevaks in the Department of Posts has been constituted by the Government of India.

Shri Kamlesh Chandra, Retired Member of Postal Services Board, will constitute the Committee. The Committee will be assisted by Shri T.Q. Mohammad, a Senior Administrative Grade Officer, who will act as Secretary to the GDS Committee. The Committee will go into the service conditions of Gramin Dak Sevaks and suggest changes as considered necessary. The terms of reference of the Committee will, inter-alia, include the following:-

a) To examine the system of Branch Post Offices, engagement conditions and the existing structure of wage and enrolments paid to the Gramin Dak Sevaks and recommend necessary changes;

b) To review the existing Services Discharge Benefits Scheme/other social security benefits for the Gramin Dak Sevaks and suggest necessary changes;

c) To review the existing facilities/welfare measures provided to the Gramin Dak Sevaks and suggest necessary changes;

d) To examine and suggest any changes in the method of engagement, minimum qualification for engagement as Gramin Dak Sevaks and their conduct and disciplinary rules, particularly keeping in view the proposed induction of technology in the Rural Post Offices.

The Department of Post has 2.6 lakh Gramin Dak Sevaks. All these GDSs will come under the purview of GDS Committee.

2016-01-01T21:10:00.002-08:00

Department has launched issue of Post-Terminals (POTD Devices) to BPMs on pilot basis on 28.12.2015 in the states of U.P, Rajasthan and Bihar as part of implementation of RICT ( Rural Information & Communication Technology).

Key highlights of RICT

Branch Post Masters to be given a hand held device for day-to-day operations
Through the hand held device, BPM will be able to do transactions for Core Banking, Insurance and Mail Operations
Scanning of documents and barcodes through a scanner
Regional language support on the handheld device
Provision of solar panels for battery chargi

ng at all Branch office

PAY COMMISSION IMPLEMENTATION GAZETTE TO BE ISSUED IN APRIL

2015-12-14T16:45:00.001-08:00

New Delhi: The gazette to put into effect the Seventh pay commission recommendation will be issued in April before the announcement of West Bengal, Assam, Kerala and Tamil Nadu states assemblies’ election in May 2016, which will benefit 50 lakh central government employees and 52 lakh pensioners including dependents, Sources of Finance Ministry said Sunday.

Gazette Notification ----- for GDS Committee

2015-11-24T21:27:00.000-08:00

Govt forms panel to revisit Gramin Dak Sevaks pay, benefits

2015-11-24T21:22:00.002-08:00

Govt forms panel to revisit Gramin Dak Sevaks pay, benefits The government has formed a committee to review pay structure and social security benefits provided to 'gramin dak sevaks'. The government has formed a committee to review pay structure and social security benefits provided to 'gramin dak sevaks'. The one-man committee will review and suggest changes in existing wage structures, facilities and other social security benefits provided to 'gramin dak sevaks' (GDS), according to a notification by the Communications and IT Ministry. Gramin dak sevaks are extra-departmental agents recruited by the postal department to serve in rural areas. They have been demanding pay and facilities at par with regular postal department employees. "The question of examining the conditions of service and emoluments and other facilities available to the Gramin Dak Sevaks (GDS) has been under the consideration of the Government of India for some time. The Government has now decided to set up a one-man committee for the purpose," the notification dated November 19 said. The Committee headed by Retired Member of the Postal Services Board Kamlesh Chandra will go into the service conditions of Gramin Dak Sevaks and suggest changes as considered necessary, it said. The committee will examine the system of branch post offices, employment conditions and the existing structure of wage and emoluments paid to GDS and recommend necessary changes. It will also "examine and suggest any changes in the method of recruitment, minimum qualification for appointment as Gramin Dak Sevaks and their conduct and disciplinary rules, particularly keeping in view the proposed induction of technology in the Rural Post Offices", the notification said. The Committee will function for a period of one year.

Highlights of the 7th CPC for Department of Posts Employees :

2015-11-24T21:21:00.004-08:00

Postal Services Board :

The Commission has examined the demand for granting apex level to the members of the PSB and is of the view that adequate functional justification for the same does not exist. ( Para 11.8.11)

The Commission however is no t in favour of creating an additional post of member to discharge the financial function and is of the view that the portfolios of the six members can be so re-arranged that the need to create a new post of Member is obviated. ( Para 11.8.12)

IPS (Group – A):

In so far as Director, National Postal Academy is concerned, the view taken is that functional justification from upgrading the post to Apex level does not exist. As far as the rest of the demands for upgradation / creation of posts are concerned, these are administrative matters, which may be taken up with the concerned departments in the government. ( Para 11.8.15)

Postmaster Cadre :

The Commission recommends that while 25 percent of the posts of Senior Post Master may continue to be filled up from Post Master Gr.III through seniority based promotions, eligible officers from the Post Masters’ cadre (Postmaster Gr.II and Postmaster Gr.III) may also be permitted to appear for LDCE along with Inspector (Posts) for the balance 75 percent of the Senior Postmasters’ posts ( Para 11.8.18)

Inspector Cadre :

The Commission, therefore, recommends that Inspector (Posts) who are presently in the GP 4200 should be upgraded to GP 4600. With this upgradation, Inspector (Posts) shall come to lie in an identical grade pay as that of their promotion post of Assistant Superintendent of Posts (ASPOs). A higher grade would thus need to be extended to ASPOs. Accordingly, the Commission recommends that the promotional post of ASPOs be placed in the next higher GP 4800 and further, the post of Superintendent (Posts), which is presently in the GP 4800, be moved up to GP 5400 (PB-2). ( Para 11.8.21)

Postal Assistants / Sorting Assistants / LSG / HSG-II / HSG-I:

The Commission is of the view that there is no justification for enhancement of minimum educational qualifications for Direct Recruits for Postal Assistants/Sorting Assistants from Class XII to Graduation and the entry grade pay from GP 2400 to GP 2800. No justification for upgrading LSG, HSG-II & HSG-I (Para 11.8.23 & 11.8.24)

P A ( SBCO) :

The Commission is therefore of the view that no upgradation is warranted. As regards grant of cash handling allowance, the Commission is of the view that with the spread of banking and internet based payments coming into vogue there is no merit in granting an allowance for handling cash. ( Para 11.8.27).

Postman :

The Commission has noted the entry level qualifications prescribed (Class X or ITI for MTS) as also the work content, and is of the view that there is no justification for further raising the entry grade pay of Postman. ( Para 11.8.29)

Mail Guard :

As no modification in the grade pay of Postman is recommended, the Mail Guard shall also be placed in same pay level. ( Para 11.8.33)

Multi Tasking Staff :

No upgrade is considered necessary for either MTS-domestic or MTS-foreign posts. ( Para 11.8.37)

Binders :

There is no justification for raising the entry grade pay as sought. ( Para 11.8.39)

Artisans :

The Commission is of the view that no anomaly exists in the present pay structure of these posts. The cadre of artisans in the Department of Posts shall accordingly be extended only the corresponding replacement level of pay. ( Para 11.8.43)

Translation Officer :

The Commission, therefore, suggests that a comparative study of the job profiles be carried out by the department to arrive at the precise job content and a view taken thereafter. ( Para 11.8.45)

Technical Supervisors :

No upgrade is recommended. (11.8.47)

Gramin Dak Sewaks:

The Commission has carefully considered the demand and noted the following:

a. GDS are Extra-Departmental Agents recruited by Department of Posts to serve in rural areas.

b. As per the RRs, the minimum educational qualification for recruitment to this post is Class X.

c. GDS are required to beon duty only for 4-5 hours a day under the terms and conditions of their service.

d. The GDS are remunerated with Time Related Continuity Allowance (TRCA) on the pattern of pay scales for regular government employees, plus DA on pro-rata basis.

e. A GDS must have other means of income independent of his remuneration as a GDS, to sustain himself and his

Government of India has so far held that the GDS is outside the Civil Service of the Union and shall not claim to be at par with the Central Government employees. The Supreme Court judgment also states that GDS are only holders of civil posts but not civilian employees.

The Commission endorses this view and therefore has no recommendation with regard to GDS. ( Para 11.8.49 & 11.8.50)

Separate Cadre for S As / M Es :

System Administrators and Marketing Executives have demanded creation of separate cadres with higher pay scales. Presently incumbents of these posts are drawn from the cadre of Postal Assistants/Sorting Assistant Cadre.

The V and the VI CPC have also dealt with this issue and have not recommended separation of cadres. The Commission also does not see any rationale for creating separate cadres. (Para 11.8.51 & 11.8.52)

7th pay comm pay matrix table

2015-11-24T21:20:00.000-08:00

7th CPC - IMPORTANT RECOMMENDATIONS

2015-11-24T21:18:00.002-08:00

1. DATD OF EFFECT – 01.01.2016

2. MINIMUM PAY – 18000

3. FITMENT FORMULA – 2.57 TIMES

4. FIXATION ON PROMOTION – NO CHANGE – ONLY ONE INCREMENT IN THE OLD SCALE

5. ANNUAL INCREMENT – 3% NO CHANGE

6. MODIFIED ASSURED CAREER PROGRESSION – NO CHANGE – 10, 20, 30

Conditions made more stringent. Bench march “Very Good” required instead of “good”. No Examination for MACP proposed. Hierarchial promotion restored.

7. PAY BAND, GRADE PAY SYSTEM ABOLISHED

New Pension Structure called “Matrix based open ended pay structure” recommended. Total span of the scale 40 years.

8. MAXIMUM PAY INCREASE – 14.29%

9. COMPARISON BETWEEN MINIMUM AND MAXIMUM PAY – 1:11.4 (18000 : 205400)

10. NUMBER OF PAY SCALES – NOT REDUCED - NO DELAYERING

11. ALLOWANCES – NO IMPROVEMENT

Commission recommended abolition of 52 existing allowances such as Assisting Cashier Allowance, Cash Handling Allowance, Treasury Allowance, Handicapped Allowance, Risk Allowance, Savings Bank Allowance, Special compensatory (Hill Area) Allowance, Cycle Allowance, Family Planning Allowance etc.

12. HRA REDUCED TO 24%, 16% AND 8% FOR X, Y AND Z CITIES

13. DRIVERS – HIGHER PAY SCALE REJECTED

14. DA FORMULA – NO CHANGE

15. HBA – NO CHANGE – CEILING RAISED TO 25 LAKHS

16. CASUAL LEAVE – NO INCREASE

17. CHILD Care Leave

1^st 365 days – Full pay (100%)

Next 365 days – 80% Pay only.

18. MATERNITY LEAVE – NO CHANGE -

19. LEAVE ENCASHMENT AT THE TIME OF RETIREMENT – NO INCREASE MAXIMUM 300 DAYS ONLY

20. MEDICAL

Medical Insurance Scheme for serving and retired employees recommended.

21. TRANSPORT ALLOWANCE - NO HIKE - ONLY 125% MERGER

Pay Level	Higher Transport Allowance cities (A, AI)	Other places
9 and above	7200 + DA	3600 + DA
3 to 8	3600 + DA	1800 + DA
1 and 2	1350 + DA	900 + DA

22. LEAVE TRAVEL CONCESSION (LTC) – NO CHANGE

One time LTC to Foreign Country during the service rejected. Splitting of Home Town LTC for employees Posted in North East, Laddakh, Andaman & Nicobars and Lakshdweep allowed.

23. ACCOUNTS STAFF BELONGING TO UNORGANIZED ACCOUNTS – PARITY WITH ORGANISED ACCOUNTS REJECTED.

24. PERIODICAL REVIEW OF WAGES (NOT TEN YEARS) RECOMMENDED. NO PAY COMMISSION REQUIRED

25. PERFORMANCE RELATED PAY SHOULD BE INTRODUCED IN GOVERNMENT SERVICES AND ALL BONUS PAYMENT SHOULD BE LINKED TO PRODUCTIVITY.

26. COMPULSORY RETIREMENT AND EFFICIENCY BAR REINTRODUCED

Failure to get required bench MarK for promotion within the first 20 years of service will result in stoppage of increment. Such employees who have out lived their ability, their services need not be continued and the continuance of such persons in the service should be discouraged.

27. PROMOTEE AND DIRECT RECRUITS – ENTRY LEVEL PAY ANOMALY IS REMOVED

28. CADRE REVIEW TO BE COMPLETED IN A TIME BOUND MANNER.

Commission recommended to hasten the process of cadre review and reduced the time taken in inter-ministerial consultations.

29. NEW PENSION SCHEME – WILL CONTINUE

30. CEA & HOSTEL SUBSIDY

Rate

CEA per month 2250 - 25% increase when DA crosses

Hostel subsidy 6750 – 50& increase when DA crosses

31. GROUP INSURANCE SCHEME

Level Monthly Contribution Insurance Amount

1 to 5 1500 15 Lakhs

6 to 9 2500 25 lakhs

10 and above 5000 50 lakhs

PENSIONARY BENEFITS

32. PENSIONERS – PARITY – LONG STANDING DEMAND OF THE PENSIONERS ACCEPTED

Commission recommends a revised Pension Formulation for Civil employees and Defence Personnel who have retired before 01.01.2016. (expected date of implementation of seventh CPC recommendations). This formulation will bring about complete parity of past pensioners with current retirees.

33. PENSIONERS – MINIMUM PENSION RS. 9000/-

(50% of the minimum pay recommended by the 7^th CPC)

34. PENSIONERS – GRATUITY CEILING RAISED TO 20 LAKHS

35. PENSIONERS – FIXED MEDICAL ALLOWANCE (FMA) – NO CHANGE (RS. 500/-

36. CGHS FACILITIES TO ALL POSTAL PENSIONERS RECOMMENDED

33 Postal dispensaries should be merged with CGHS

37. GRAMIN DAK SEVAKS (GDS) OF THE POSTAL DEPARTMENT DEMAND FOR CIVIL SERVANTS STATUS REJECTED

Recommendation: - The committee carefully considered the demand for treating the Gramin Dak Sevaks as civil servants at par with other regular employees for all purposes, and noted the following:

(a) GDS are Extra-Departmental Agents recruited by Department of Posts to serve in rural areas.

(b) As per the Recruitment Rules the minimum educational qualification for recruitment to this post is class X.

(c) GDS are required to be on duty only for 4 to 5 hours a day under the terms and conditions of their service.

(d) The GDS are remunerated with Time Related continuity Allowance (TRCA) on the pattern of pay scales for regular Government employees plus DA on pro-rata basis.

(e) A GDS must have other means of income independent of his remuneration as a GDS to sustain himself and his family.

Government of India has so far held that GDS is outside the Civil Service of the Union and shall not claim to be at par with the Central Government Employees. The Supreme Court Judgment also states that GDS are only holder of Civil posts but not civilian employees. The Commission endorses this view and therefore has no recommendation with regard to GDS.

7th Pay Commission Pay Scales and 7th CPC Pay Calculator by GConnect

2015-11-10T17:13:00.002-08:00

After taking in to account the expected DA of 125% from January 2016, esimated 7th Pay CommissionPay Scales, 7th CPC pay and 7CPC Grade Pay as follows:

7th Pay Commission Pay Scales, and 7th CPC pay	Using the multiplication factor of 2.25
7th Pay Commission Grade Pay	By Providing 40% fitment Benefit

7th Pay Commission Pay Scales and Fitment Benefit (7th CPC Grade Pay Structure)

PB	6 CPCPay bands	7th CPC Pay Band	6th CPC GradePay	7th CPCGradePay	6CPC Minimum Basic pay	7CPC Minimum Basic pay
1	5200-20200	13880-47480	1800	7380	7000	21240
1	5200-20200	14010-47610	1900	7540	7100	21520
1	5200-20200	14130-47730	2000	7680	7200	21790
1	5200-20200	14630-48230	2400	8280	7600	22890
1	5200-20200	15120-48720	2800	8880	8000	23970
2	9300-34800	26040-83160	4200	14680	13500	40660
2	9300-34800	26540-83660	4600	15280	13900	41760
2	9300-34800	26790-83910	4800	15580	14100	42310
2	9300-34800	27530-84650	5400	16480	14700	43950
3	15600-39100	41640-94250	5400	22140	21000	63700
3	15600-39100	43130-95770	6600	23940	22200	66990
3	15600-39100	44370-97010	7600	25440	23200	69720
4	37400-67000	94570-160870	8700	46720	46100	141100
4	37400-67000	94820-161120	8900	47020	46300	141650
4	37400-67000	96180-162480	10000	48660	47400	144660
4	37400-67000	98660-164960	12000	51660	49400	150130

Meanwhile, we have also made a comparison of 7th Pay Commission Pay estimated by GConnect by adopting 6th CPC methods and 7CPC Pay proposed by National Council, Staff Side JCM and Confederation of Central Government Employees and Workers.

In this comparison, we have arrived at the Net increase in pay out of 7CPC Pay for employees in each grade pay which is calculated on the basis of present 6CPC pay along with DA as on January 2016 (125%).

This increase in Percentage has been calculated for 7th Pay Commission Pay estimated by GConnect and also for 7th CPC Pay proposed by JCM Seperately.

Present PB and GP	6CPC Minimum Basic pay	7th PayCommissionPay estimated by GConnect	JCM / Confederation proposed 7CPC Basic Pay	% increase in 7cpc pay estimated by GConnect	% increase in 7cpc pay as proposed by JCM
PB-1 GP 1800	7000	21240	26000	35%	65%
PB-1 GP 1900	7100	21520	31000	35%	94%
PB-1 GP 2000	7200	21790	33000	35%	104%
PB-1 GP 2400	7600	22890	41000	34%	140%
PB-1 GP 2800	8000	23970	46000	33%	156%
PB-2 GP 4200	13500	40660	56000	34%	84%
PB-2 GP 4600	13900	41760	66000	34%	111%
PB-2 GP 4800	14100	42310	74000	33%	133%
PB-2 GP 5400	14700	43950	78000	33%	136%
PB-3 GP 5400	21000	63700	88000	35%	86%
PB-3 GP 6600	22200	66990	102000	34%	104%
PB-3 GP 7600	23200	69720	120000	34%	130%
PB-4 GP 8700	46100	141100	139000	36%	34%
PB-4 GP 8900	46300	141650	148000	36%	42%
PB-4 GP 10000	47400	144660	162000	36%	52%
PB-4 GP 12000	49400	150130	193000	35%	74%

Read this article with interactive graphics at GConnect

ADMIT CARD / CALL LETTER FOR PA / SA EXAM 2015

2015-10-27T16:37:00.001-07:00

(Note: Before viewing the Call Letter, kindly make sure that A4 size paper is selected and both Top and Bottom margins of the print area will have only 5 mm)

Facility for downloading Admission Certificate (AC) from this website has been given only for candidates admitted for 1st & 15th November, 2015 . Facility for downloading AC for the candidates admitted for 20th December, 2015 will be given 10 days before the exam.

click view botton to see List of Additional Candidate admitted

Grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) to the Central Government Employees for the year 2014-15 - Extension of Orders to Autonomous Bodies

2015-10-27T16:24:00.000-07:00

Govt doubles monthly bonus calculation ceiling to Rs 7,000

2015-10-27T16:17:00.002-07:00

To be effective from April 1, 2015
· The Cabinet also gave its approval for signing of an agreement between India and Egypt on Maritime Transport
· Once implemented, it will make all industrial workers drawing a monthly salary up to Rs 21,000 eligible for bonus as compared to the current ceiling of Rs 10,000
· The amendment Bill will be effective from April 1, 2015
· Also in this section
Tribune News Service
New Delhi, October 21
The government today gave its approval for amending the Payment of Bonus Act, 1965, in a bid to make more industrial workers eligible for better bonus payouts, including those with higher salaries.
The decision was taken at the meeting of the Union Cabinet chaired by Prime Minister Narendra Modi, which decided to double the wage ceiling for calculating bonus to Rs 7,000 for factory workers and establishments with 20 or more workers.
The Union Cabinet also gave its approval for signing of an agreement between India and Egypt on Maritime Transport.
“The Payment of Bonus (Amendment) Bill, 2015, to enhance the monthly bonus calculation ceiling to Rs 7,000 from existing Rs 3,500 was approved by Union Cabinet here,” sources said after the Cabinet meeting.
Although the higher level of bonus for the industrial workers is unlikely to come this festive season, but once implemented, it will make all industrial workers drawing a monthly salary up to Rs 21,000 eligible for bonus, as opposed to the current ceiling of Rs 10,000.
The amendment Bill will be effective from April 1, 2015. Now, the Bill will be tabled in Parliament during the forthcoming winter session for approval and eventual implementation, which the government feels may also help assuage the mood of the opposition parties, particularly the Left parties that are opposing the labour reform Bills.
In recent weeks, the government has already cleared distribution of bonus to non-gazetted railway employees and staff of the Employees Provident Fund Organisation (EPFO).
The non-gazetted EPFO staff will get 60 days salary as productivity-linked bonus.
The Payment of Bonus Act, 1965, is applicable to every factory and other establishment in which 20 or more persons are employed on any day during an accounting year.
The last amendment to both the eligibility limit and the calculation ceilings under the said Act was carried out in 2007 and was made effective from April 1, 2006.
This amendment in the Act to increase wage ceiling and bonus calculation ceiling was one of assurances given by the Centre after 10 Central trade unions went on a one-day strike on September 2.

2015-10-27T16:14:00.002-07:00

2015-10-16T00:03:00.001-07:00

Rural Solution in 130,000 ED Post Offices

2015-08-06T08:47:00.002-07:00

Calendar of Departmental Examinations scheduled to be held in the year 2015

2015-08-06T08:43:00.000-07:00

EXPECTED DA FROM JULY 2015′ IS FINALIZED AS HIKE BY 6%.

2015-08-06T08:40:00.001-07:00

AICPIN For The Month Of June 2015 – Expected DA July 2015 Finalized

3 Points increased and pegged at 261.

As per the press release of Labour Bureau today, the All India Consumer Price Index (IW) is increased by three points from the existing level and stands at 261.

So, ‘Expected DA from July 2015′ is finalized as hike by 6%.

7 CPC Report is expected to be submitted on or before 14th August 2015

2015-07-17T20:15:00.004-07:00

Expected Date for Submission of 7th Pay Commission Report and its important recommendations – Sources

The 7th pay commission has been given 18 months’ time from date of its constitution to make its recommendation. Hence the tentative date for submission of Report will be 30th August 2015.

According to the Sources the important Points of the Pay Commission’s Recommendations are ..

1. There will be no running Pay band and Grade Pay System

2. The uniform multiplication factor for arriving revised pay will be 2.86

3. The Pay scales will be open ended to avoid stagnation in the scales

4. The Minimum Pay will be Rs. 21000

5. The CCA will be separated into two components as it was in the fifth CPC

6. Percentage of HRA will remain same.

7. The Criteria for retirement age will be either completion of 33 Years of service or at the age of 60 Years whichever is earlier.

8. CGEGIS Insurance Coverage and Monthly premium will be increased

9. Classification of Posts will be Modified

10. The 7th Pay Commission recommendation will be implemented with effects from 1.1.2016.

Further ,the sources told that the Committee of Secretaries will be appointed to study the report and analyze the financial implications upon implementation of 7th pay commission recommendation. An ally of NCJCM Staff Side told that the Staff Side also will be invited by the third week of September 2015 by this Committee before giving its final nod for approval for this Recommendation.

verification of membership for recognation

2015-07-01T05:08:00.001-07:00

RBI may give payment bank licence to postal department in August: Ravi Shankar Prasad

2015-06-30T06:55:00.002-07:00

ATAL PENSION YOJANA – BENEFITS AND FEATURES BY PFRDA

2015-06-30T06:48:00.000-07:00

Pension Fund Regulatory and Development Authority

First Floor, ICADR Building, Plot No 6, Institutional Area Phase II,

Vasant Kunj, New Delhi-110070

ATAL PENSION YOJANA – BENEFITS AND FEATURES

1. Anybody in the age group of 18-40 years can join !!

2. You can choose your pension plan from Rs 1,000/- to Rs 5,000/- per month.

3. Your contribution depends on your age and the pension plan you choose!

4. You can be a member of any existing PF/Pension scheme such as EPF/PPF/Govt. pension and still join APY!

5. You can be an Income tax payer and still join APY.

6. For (4) and (5) above, Govt. Co-contribution is not available but Govt. guarantee for pension will be available!

7. Govt. Co-contribution of 50% of subscribers’ contribution or Rs 1,000/- per annum, whichever is lower will be available for five years only to subscribers joining by 31st December 2015.

The monthly contribution chart for different age groups and pension amounts is given below:

Joining Age	Years of Contribution	Indicative Monthly Contribution under APY (Rs.)
Joining Age	Years of Contribution	Monthly pension of Rs. 1000.Indicative return of corpus Rs 1.70 lacs	Monthly pension of Rs. 2000.Indicative return of corpus Rs3.40 lacs	Monthly pension of Rs. 3000.Indicative return of corpus Rs 5.10 lacs	Monthly pension of Rs. 4000.Indicative return of corpus Rs6.80 lacs	Monthly pension of Rs. 5000.Indicative return of corpus Rs 8.50 lacs
18	42	42	84	126	168	210
19	41	46	92	138	183	228
20	40	50	100	150	198	248
21	39	54	108	162	215	269
22	38	59	117	177	234	292
23	37	64	127	192	254	318
24	36	70	139	208	277	346
25	35	76	151	226	301	376
26	34	82	164	246	327	409
27	33	90	178	268	356	446
28	32	97	194	292	388	485
29	31	106	212	318	423	529
30	30	116	231	347	462	577
31	29	126	252	379	504	630
32	28	138	276	414	551	689
33	27	151	302	453	602	752
34	26	165	330	495	659	824
35	25	181	362	543	722	902
36	24	198	396	594	792	990
37	23	218	436	654	870	1,087
38	22	240	480	720	957	1,196
39	21	264	528	792	1,054	1,318
40	20	291	582	873	1164	1454

SUBMIT YOUR APPLICATION FORM AT YOUR BANK BRANCH
For more information, Please call on our APY Toll free No. 1800110069

Source: PFRDA

LOAN CONDITION ON PLI

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PLI Loan Condition

Loan is admissible on Whole Life Assurance (WLA), Endowment Assurance (EA) and Convertible Whole Life Assurance (CWLA) policies.
Currency of policy should be minimum of 3 years in case of EA and CWLA.
Currency of policy should be minimum of four years in case of WLA.
Policy should be unencumbered/ unassigned.

Loan Limit:

(a) Whole Life Assurance

Currency of Policy Percentage of surrender value on which loan is admissible

More than 4 years to 7 years 60% More than 7 years to 12 years 80%
More than 12 years 90%

(b) Endowment Assurance and Convertible Whole Life Assurance

Currency of Policy Percentage of surrender value on which loan is admissible

More than 3 years to 5 years 60%
More than 5 years to 10 years 80%
More than 10 years 90%

Insurant should apply on LI-35 (loan application) and send to nearest CPC (at any HPO) along with policy document and premium receipt book or PDOC. Second and subsequent loan is admissible. (can be availed any time after repayment of previous loan)
Second and subsequent loan is admissible after a year if the first loan is fully repaid.
Loan interest @ 10% p.a is calculated on six monthly basis.

Direct PA / SA through Staff Selection Commission- pattern

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The scheme of the examination is detailed below:

General Intelligence (Reasoning)	50 marks
General English	50 marks
Mathematics	50 marks
General Knowledge and Current Affairs	50 marks
Total	200 marks
Negative marks for each wrong answer	0.25 mark
English Tpye: Speed 35 words per minute