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Merging of DA with basic pay of Central Government employees

, by indianmilitaryveterans

Indian Military Veterans

GOVERNMENT OF INDIA
MINISTRY OF  FINANCE
RAJYA SABHA
UNSTARRED QUESTION NO-2062
ANSWERED ON-11.02.2014

Merging of DA with basic pay of Central Government employees

2062 .       SHRI PRABHAT JHA, ARVIND KUMAR SINGH, KUSUM RAI

Will the Minister of FINANCE be pleased to state:

(a) whether Government is actively considering to merge existing dearness allowance payable to Central Government Employees with basic pay;

(b) if so, the details thereof, and if not, the reasons therefor;

(c) whether Government has received any representation from employees associations in this regard;

(d) if so, the details thereof and the details of action taken thereon; and

(e) the reasons for delay in constitution of 7th Central Pay Commission?

ANSWER

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Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber

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Indian Military Veterans

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
 2ndApril, 2014 
PFRDA/2013/17 /PDEX/10 

Subject: Exit guidelines under National Pension System – Option for Complete
withdrawal of accumulated pension wealth by subscriber

In partial modification to circular no. PFRDA/2013/17 /PDEX/10 issued on 23rd October, the ‘request form’ is being replaced with ‘request cum undertaking’ form, as attached along with.

The subscribers wishing to exercise this option shall have to fill the attached ‘request cum undertaking form’ along with the NPS Withdrawal form while submitting the same to their DDO/PAO/DTO/POP. The subscribers who have sent the requests earlier also need to send a fresh request on the amended form for processing of their claims.

 Sd/ 
Venkateswarlu Peri 
General Manager 


REQUEST CUM UNDER TAKING FORM FOR WITHDRAWAL OF TOTAL 
PENSION WEALTH UPON SUPERANNUATION / UPON ATTAINMENT OF 60 
YEARS OF AGE AND WHERE THE TOTAL PENSION WEALTH IS EQUAL TO 
OR LESS THAN RS. 200, 000/- 


I, …………………………………………….S/D/W/O……………………………………,
aged about ……….years, residing at……………………………………………………………………………………………………
…………………………………., do hereby solemnly affirm and declare as under:

1. That I am a subscriber of National Pension System, holding PRAN
………………..
2. That since the total amount receivable by me as the benefit receivable upon
exit from NPS is Rs. …………………., which is less than/equal to the limit of Rs.
2,00,000/-, I understand that I am eligible to opt for withdrawal of the total
pension wealth under NPS rules/guidelines,

Basing on the above, I hereby opt to withdraw my complete pension wealth
lying to my credit in my aforesaid PRAN account being the full and final  benefits receivable by me.

I also understand that with the aforesaid withdrawal, I or my family members  shall not be entitled to receive any other or further benefits under the National Pension System (NPS) including the benefits as provided under Government of  India notification dt. 22nd Dec, 2003.

Date:

Place: Signature of the Subscriber

Attested by:

Signature of the PAO/DDO/DTO/POP : …………………………………………………
Name of the designated Official: ……………………………………………………………
PAO/DDO/DTO/POP Registration Number …………………………………………..
Rubber Stamp of the
PAO/DDO/DTO/POP

Source:http://www.pfrda.org.in/writereaddata/linkimages/ModifiedCircular2.pdf

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Vacancy Circular for 7th CPC office

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Indian Military Veterans


GOVERNMENT OF INDIA
SEVENTH CENTRAL PAY COMMISSION
NEW DELHI – 110001
Meena Agarwal
Secretary

Camp Office : Room No.169-B,
North Block, New Delhi
D.O No. 7CPC/2/Staff
27th March,  2014

Dear Shri Sarkar,

Government of India has notified constitution of 7th Central Pay Commission (CPC) vide Gazette notification No.1/1/2013-E.III(A) dated 28th February, 2014. You may also be kindly aware that Seventh CPC is mandated to submit its report to the Government within 18 months of its constitution. Further the Commission has been mandated to appoint such Advisors, Institutional Consultants and Experts as deemed necessary for any particular purpose.

2. Temporary posts have been created by Ministry of Finance, Department of Expenditure for a period of 18 months from the date of constitution of the Commission or till closure of the Commission whichever is earlier. In addition to the pay scales, the posts will carry all other usual allowances as admissible in terms of orders and instructions in force on the subject as issued by the Government of India from time to time. These posts have to be filled up only on deputation basis.

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To fix timeline for redressal of grievances -Department of Pension & Pensioners' Welfare

, by indianmilitaryveterans

Indian Military Veterans

F.No.55/18/2014-P&PW (C)
Government of India
Ministry of Personnel, PG & Pensions
Department of Pension & Pensioners' Welfare
3rd Floor, Lok Nayak Bhawan. 
New Delhi, the 28th March, 2014
To
All Nodal Officers of All Ministries/ Department (Web Based Pensioners' Portal)

Subject: To fix timeline for redressal of grievances

Sir/Madam,

The Department of Pension & Pensioners' Welfare is maintaining Centralized Pension Grievances Redress and Monitoring System (CPENGRAMS) in the portal being maintained and named as "Pensioners' Portal". The pending grievances are constantly reviewed by the Department to ensure its redressal within a time frame. It has been found by the department that grievances are lying pending for unduly long periods and the pensioner concerned is suffering. To obviate the delays in the grievance redressal it has been found necessary to re-emphasize the guidelines issued by Administrative Reforms And Public Grievances vide its OM No.K.15011/1/2006-PG dated 22.5.2006, which are as follows:

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Family pension under NPS(NATIONAL PENSION SYSTEM)

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Indian Military Veterans

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
RAJYA SABHA
QUESTION NO-350
ANSWERED ON-18.02.2014
Family pension under NPS
350 .                                                  SHRI PRABHAT JHA


Will the Minister of FINANCE be pleased to state:


(a) the details of cases of family pension sanctioned, so far, under the New Pension Scheme (NPS) to the families of deceased Central Government employees;

(b) whether family pension at the rate of old pension scheme to these family members of deceased employees has been stopped after coming into force of the New Pension Scheme;

(c) if not, the fate of those who have been receiving family pension under NPS at the rate of old pension scheme;

(d) whether some of the deceased employees have left behind them only few thousands rupees as Contributory Pension Fund (CPF) with the National Securities Depository Limited (NSDL); and

(e) if so, how Government would pay them family pension from their CPF?

 ANSWER  


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DEARNESS ALLOWANCE

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Indian Military Veterans
DA CALCULATION SHEET


We are proud to be the first to formulate the DA Table. 

We are aware of the fact that a number of you are very keen on learning how to calculate the Dearness Allowance. Hence, we created this table. At a stage, we ourselves were surprised by the response that it had received.
Let us see, in detail, how DA is calculated. The calculations are very easy. 

First is the month. Then comes the CPI (IW) Base Year 2001=100 and the relevant data. In the next column, you have the sum total of all the 12 months, i.e., the total of the declared AIPCIN numbers for the past 12 months. Next comes the division of the sum total by 12. 

The next step is the most crucial one. You will have to find out by how much it exceeds 115.76. You will have to calculate the excess as percentage of 115.76. 

(12 Monthly Average) – 115.76 
-----------------------------------    X 100  =  Percentage increase in prices (ignore decimals)
                     115.76


The table has been created to easily understand the formula...

Dearness Allowance Table from 2008 

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DA MERGER WITH BASIC PAY

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Indian Military Veterans

50% DA Merger – A Sad End to A Demand...!

On 01.01.2011, DEARNESS ALLOWANCE crossed 50%. It started from '0' in 2006 and, within 5 years, i.e., in 10 instalments, it has completed 50%. 

The second instalment in 2010 touched two-digits for the first time. Since the last two instalments too were of ten percent each, the Dearness Allowance easily touched 100% in six instalments.

Ever since the DEARNESS ALLOWANCE crossed 50%, the demand for 50% DA MERGER began.

Since 2012, questions regarding this were raised in the Parliament a number of times, but the Government chose to reject all of them. 

When all FEDERATIONS made this their most important demand, it was included in the CHARTER OF DEMANDS. As a result, without any distinction, all the employees are very much eager to see the outcome. They began to calculate the financial benefits that result when 50% DEARNESS ALLOWANCE gets added to the basic salary. In addition to these, an online calculator too was launched. 

All the unions and federations began exerting pressure on the Government. Protests were announced. Decisions were made to hold strikes and strike notices were issued to the Government. The CONFEDERATION created a record of sorts by conducting 2-day long strike. 

There were constant reports that Federation leaders had been raising the demands with the Government during various levels of talks. When some of the Federations issued strike notices, the Government invited them for talks and the proposed strike was withdrawn. This further strengthened hopes.


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Report of 7th CPC : It is not possible to indicate the exact time by which the Report of the 7th CPC will be submitted.

, by indianmilitaryveterans

Indian Military Veterans
Report of  7th CPC : It is not possible to indicate the exact time by which the Report of the 7th CPC will be submitted.

GOVERNMENT OF INDIA
MINISTRY OF  FINANCE
RAJYA SABHA
UNSTARRED QUESTION NO-2057

ANSWERED ON-11.02.2014

Seventh Pay Commission


2057 . SHRI NARENDRA KUMAR KASHYAP
Will the MINISTER OF FINANCE be pleased to state:

(a) Whether Government has announced constitution of Seventh Pay Commission for the Central Government employees;

(b) if so, the details thereof; and

(c) the time by which the Pay Commission is expected to submit its report?

ANSWER

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Tamilnadu employees to get 10% D.A. from January 2014

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Indian Military Veterans

Tamilnadu employees to get 10% D.A. from January 2014

Time for rejoice for Tamilnadu emplyees ! Tamilnadu Govt. sanctioned 10% dearness Allowance. With this the state employees are now entitled to 100% D.A, at par with their Central counterparts.
Salient features of this order are :

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CSD PRICE LIST

  • CSD-Price-List-for-Volkswagen-Cars---Post-GST-Rates