Archives for August 2016

7th CPC Pension Calculation : Implementation of First Option after Committee Report “Revision of pension using the second option based on fitment factor of 2.57 be implemented immediately. The first option may be made applicable if its implementation is found feasible after examination by the … [Read more...] about 7th CPC Pension Calculation : Implementation of First Option after Committee Report

Fixed Medical Allowances on 7th Pay Commission Fixed Medical Allowances : Recommendation: The Commission notes that this allowance was enhanced from RS.300/- p.m. to RS.500/- p.m. from 19.11.2014. As such, further enhacement of this allowance is not recommended. Decision of Government : To be … [Read more...] about 7th CPC Pension : Fixed Medical Allowances on 7th Pay Commission

7th CPC Pension News : dearness relief to employed/reemployed pensioners/family pensioners The revised pension/family pension arrived at as per paragraph 4.1 includes dearness relief sanctioned from 1.1.2016. The existing instructions regarding regulation of dearness relief to employed/reemployed … [Read more...] about 7th CPC Pension : dearness relief to employed/reemployed pensioners/family pensioners

Calculation of Quantum of Pension as per 7th CPC Notification The quantum of pension/family pension available to the old pensioners/ family pensioners shall continue to be as follows:- Age of Pensioner/family Pensioner  Additional quantum of Pension From 80 years to less than … [Read more...] about 7th CPC Pension : Calculation of Quantum of Pension as per 7th CPC Notification

Minimum and Maximum of 7th CPC Pension effect from 1.1.2016 The minimum pension with effect from 01.01.2016 will be Rs. 9000/- per month (excluding the element of additional pension to old pensioners). The upper ceiling on pension/family pension will be 50% and 30% respectively of the highest pay … [Read more...] about Minimum and Maximum of 7th CPC Pension effect from 1.1.2016