0 CHQ news on IP grade pay & Merger of IP & ASP

It is ascertained from CHQ that the file relating to Upgradation of Grade pay of Inspector posts was returned by Accounts wing of the Directorate (JSFA) to Establishment wing of the Directorate nearly after three months with reported remark that the merger of IP cadre (which is of Non-Gazetted status) is not feasible with ASP cadre (which is of Gazetted status) and now the Department is toying with the idea of merging two cadres with withdrawal of Gazetted status accorded to ASPs.But no definite proposal on the issue has been communicated to our association sofar.

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0 CHQ news on IP grade pay & Merger of IP & ASP

It is ascertained from CHQ that the file relating to Upgradation of Grade pay of Inspector posts was returned by Accounts wing of the Directorate (JSFA) to Establishment wing of the Directorate nearly after three months with reported remark that the merger of IP cadre (which is of Non-Gazetted status) is not feasible with ASP cadre (which is of Gazetted status) and now the Department is toying with the idea of merging two cadres with withdrawal of Gazetted status accorded to ASPs.But no definite proposal on the issue has been communicated to our association sofar.

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0 Govt approval for Indian Rupee new symbol

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0 Govt approval for Indian Rupee new symbol

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0 Service Discharge Benefit Scheme (SDBS) for GDS

The department has released orders vide letter no No.6-11/2009-PE-II dated 01-09-2010 on Service discharge benefits scheme (SDBS) which is in lieu of pensionary benefits and the existing severance amount scheme. This scheme is optional for the existing GDS employees and compulsory for those entering into service from 1.1.2011.The GDS who are left with only three years or less service shall not be eligible. For opted to new scheme, the severance amount @ Rs.1500 per annum for every completed years of service will be added to the accumulated contributions at the time of discharge for annuitization.

Govt shall contribute Rs200/- and no recovery from GDS. The contributions shall be credited to the Trustee bank designated by the PFRDA. Not eligible during Put off periods, Provisional appointments and substitutes. On promotion, the accumulations shall be transferred under New Pension scheme. On attaining the age of 58,the GDS can withdraw 20% of the accumulations. At the time of discharge 60% will be paid. 40% shall be invested for purchase a Life Annuity from Insurance Company. On removal & dismissal no amount will be paid.

Option should be given before 30.9.2010.Click here to see full text of the DOP letter.

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0 Service Discharge Benefit Scheme (SDBS) for GDS

The department has released orders vide letter no No.6-11/2009-PE-II dated 01-09-2010 on Service discharge benefits scheme (SDBS) which is in lieu of pensionary benefits and the existing severance amount scheme. This scheme is optional for the existing GDS employees and compulsory for those entering into service from 1.1.2011.The GDS who are left with only three years or less service shall not be eligible. For opted to new scheme, the severance amount @ Rs.1500 per annum for every completed years of service will be added to the accumulated contributions at the time of discharge for annuitization.

Govt shall contribute Rs200/- and no recovery from GDS. The contributions shall be credited to the Trustee bank designated by the PFRDA. Not eligible during Put off periods, Provisional appointments and substitutes. On promotion, the accumulations shall be transferred under New Pension scheme. On attaining the age of 58,the GDS can withdraw 20% of the accumulations. At the time of discharge 60% will be paid. 40% shall be invested for purchase a Life Annuity from Insurance Company. On removal & dismissal no amount will be paid.

Option should be given before 30.9.2010.Click here to see full text of the DOP letter.

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0 10% Dearness Allowance from 01-07-2010

Announcement of 10% of Dearness allowance to all central government employees from July, 2010 is expected in the second week of this month. Total Dearness Allowance from July, 2010 would be 45%.

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0 10% Dearness Allowance from 01-07-2010

Announcement of 10% of Dearness allowance to all central government employees from July, 2010 is expected in the second week of this month. Total Dearness Allowance from July, 2010 would be 45%.

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0 Latest position of CAT case on IP Grade pay

The CAT case no 381/10 at Ernakulam Bench could not be heard on 01-09-2010 due to leave of the concerned judge. The date of next posting will be known within a day or two. Rejoinder in the case has been filed.

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0 Latest position of CAT case on IP Grade pay

The CAT case no 381/10 at Ernakulam Bench could not be heard on 01-09-2010 due to leave of the concerned judge. The date of next posting will be known within a day or two. Rejoinder in the case has been filed.

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