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Central Government News

EQUAL BASIC PENSION UNDER 7TH CPC

EQUAL BASIC PENSION UNDER 7TH CPC The 7th Central Pay Commission had recommended two formulations for revision of pension of employees who retired before 01.01.2016 and the employees were given option to choose whichever formulation was beneficial. As per the first formulation, the Commission recommended for revision of pension based on notional pay arrived at by adding the number of increments an employee had earned in the appropriate level while in service. This formulation was later on examined by a Committee under the Chairmanship of Secretary, Department of Pension and Pensioners' Welfare. The Committee recommended that instead of counting of increments earned in the retiring scale and applying directly to the 7th Pay Commission Pay Matrix, a more scientific and rational method would be to refix pay in each successive Pay Commission as per the formula for revision of pay right up to the 7th Pay Commission. This method of fixing notional pay and pension would benefit a larger n...

EQUAL BASIC PENSION UNDER 7TH CPC

7TH CPC The 7th Central Pay Commission had recommended two formulations for revision of pension of employees who retired before 01.01.2016 and the employees were given option to choose whichever formulation was beneficial. As per the first formulation, the Commission recommended for revision of pension based on notional pay arrived at by adding the number of increments an employee had earned in the appropriate level while in service. This formulation was later on examined by a Committee under the Chairmanship of Secretary, Department of Pension and Pensioners’ Welfare. The Committee recommended that instead of counting of increments earned in the retiring scale and applying directly to the 7th Pay Commission Pay Matrix, a more scientific and rational method would be to refix pay in each successive Pay Commission as per the formula for revision of pay right up to the 7th Pay Commission. This method of fixing notional pay and pension would benefit a larger number of pensioners as compar...

Implementation of Government's decision on the recommendations of the 7th CPC - Fixation of pension of medical officers retired during 01.01.2016 to 30.06.2017

Implementation of Government's decision on the recommendations of the 7th CPC - Fixation of pension of medical officers retired during 01.01.2016 to 30.06.2017 R.B.E. No: 171/2017 GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) No.2016/F(E)III/1(1)/8 New Delhi, Dated: 20.11.2017 The GM/Principal Financial Advisers, All Zonal Railways/Production Units, (As per mailing list) Sub: Implementation of Government's decision on the recommendations of the 7th CPC - Fixation of pension of medical officers retired during 01.01.2016 to 30.06.2017. A copy of Department of Pension and Pensioners' welfare (DOP&PW)'s O.M. No. 38/37/16-P&PW (A)(iv) dated 8th November, 2017 on the above subject is enclosed for information and compliance. These instructions shall apply mutatis mutandis on the  Railways also. The Rule 33 of the Central Civil Services (Pension) Rules, 1972 corresponds to Rule 49 of the Railway Services (Pension) Rules, 199...

7th CPC - Fixation of Pension of Medical Officers retired during 1.1.2016 to 30.6.2017

7th CPC - Fixation of Pension of Medical Officers retired during 1.1.2016 to 30.6.2017 No.38/37/16-P&PW(A)(iv) Ministry of Personnel, PG & Pensions Department of Pension & Pensioners' Welfare 3rd Floor, Lok Nayak Bhawan Khan Market, New Delhi Dated, the 8th November, 2017 OFFICE MEMORANDUM Sub: Implementation of Government's decision on the recommendations of the Seventh Central Pay Commission - Fixation of Pension of Medical Officers retired during 1.1.2016 to 30.6.2017 In accordance with Rule 33 of Central Civil Services (Pension) Rules, 1972 the emoluments reckoned for calculation of pension include Non-practicing Allowance (NPA) granted to medical officers in lieu of private practice. 2. In the case of medical officers who have retired from 1.1.2016 to 30.6.2017, the pension is based on emoluments which included NPA @ 25% of the pre-revised pay. Orders have been issued by Ministry of Finance (Department of Expenditure) vide OM No.12-2/2016-EIII.A dated 7th July,...