CPSE Pay Revision 2017 – Promotion & Annual Increment
3rd Pay Revision for CPSE : promotion & Annual Increment
3rd Pay Revision for CPSE : Calculation of Promotional and Annual Increment
Increment:- A uniform rate of 3% of BP will be applicable for both annual increment as well as promotion increment. The details regarding Stagnation Increment and Bunching of pay are given at Annexure-III (A) (Para 6)
Stagnation Increment:
In case of reaching the end point of pay scale, an executive would be allowed to draw stagnation increment, one after every two years upto a maximum of three such increments provided the executives gets a performance rating of ‘Good’ or above.
Buchning of Pay:
In CPSEs where a lower fitment benefti(i.e.10% or 5%) is granted due to affordability, there is a possibility of bunching at different grades due to revised Basic Pay failing short of reaching starting point of revised pay-scale. The revised BP due to bunching of pay in these cases would be the higher of the followings-
Adding the difference between the ‘pre-revised Basic Pay’ and ‘the minimum of the pre-revised pay scale’ to the starting point of revised pay scale.
The revised BP as arrived after applying the fitment benefit (i.e.10% or 5% of BP plus DA).
[Example for Basic Pay revision in cases of bunching in a Grade/Level]
Parameters | Pre-revised pay-scale of E-6 level (in Rs.) | ||||
Minimum / Starting of pay- scale | Minimum + 1 increment @3% | Minimum + 2 increments @3% | Minimum + 3 increments @3% | ||
(A) | (B) | (C) | (D) | ||
E-6 level Pre – revised BP | (31.12.16) | 36600 | 37700 | 38840 | 40010 |
DA (1.1.2017) | Say: 120% | 43920 | 45240 | 46608 | 48012 |
Total | (D + (2) | 80520 | 82940 | 85448 | 88022 |
Fitment benefit | % of BP+DA | 5% | 5% | 5% | 5% |
Fitment benefit amount | (4)x(3) | 4026 | 4147 | 4272.4 | 4401.1 |
Net amount to arrive at revised BP | (3)+(5) | 84546 | 87087 | 89720.4 | 92423.1 |
Rounded off | Next Rs.10/- | 84550 | 87090 | 89730 | 92430 |
Minimum of E-6’s revised pay-scale | Starting point | 90000 | 90000 | 90000 | 90000 |
Difference between the ‘pre-revised Basic Pay’ and the ‘minimum of the pre revised pay scale’ | Linked to Figure at Column (A) mentioned at SI. No.l. | (A)-(A) i.e.36600 – 36600 | (B)-(A) i.e.37700 – 36600 | (C)-(A) i.e.38840 – 36600 | (D)-(A) i.e.40010 – 36600 |
Difference amount | = | 0 | 1100 | 2240 | 3410 |
Net of difference added to starting point of revised pay-scale | (8) + (10) | 90000 | 91100 | 92240 | 93410 |
Revised Pay-scale | Higher of (7) or (11) | 90000 | 91100 | 92240 | 93410 |
CPSE Pay Revision 2017 | Fitment Benefit |
CPSE Pay Revision 2017 | Methodology for Pay Fixation |
CPSE Pay Revision 2017 | Promotion & Annual Increment |
CPSE Pay Revision 2017 | Dearness Allowance |
CPSE Pay Revision 2017 | HRA & HRR |
CPSE Pay Revision 2017 | Performance Related Pay (PRP) |
CPSE Pay Revision 2017 | Superannuation Benefits and Medical Benefits |
CPSE Pay Revision 2017 | Leave regulations/management |
CPSE Pay Revision 2017 | Date of Implementation and Payment of Allowances |