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*7th Pay Commission recommends 23.55% hike; OROP for civilians too*
*7th Pay Commission recommends 23.55% hike; OROP for civilians too*
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*7th Pay Commission recommends 23.55% hike; OROP for civilians too*
PTI | Nov 19, 2015, 09.04 PM IST
*Recommendations of **7th Pay Commission of India-Wait for Its Implementation and To See further Its Short Comings Comparing With Demand of ‘ **one-rank-one-pension (OROP)’*
*http://indianexpress.com/article/india/india-news-india/highlights-of-7th-pay-commission-report/
*http://timesofindia.indiatimes.com/india/7th-Pay-Commission-recommends-23-55-hike-OROP-for-civilians-too/articleshow/49849060.cms
*1.     **Without calling it one-rank-one-pension (OROP), the Pay Commission recommended a revised pension formulation for the central government employees, including para-military personnel as well as for defence staff who have retired before January 1, 2016.*
*2.    **NEW DELHI: In a big bonanza to central government employees and pensioners, the seventh Pay Commission on Thursday recommended a 23.55 per cent increase in salary, allowances and pension along with a virtual one-rank-one-pension for civilians, involving an additional outgo of Rs 1.02 lakh crore a year.*
*3.    **The recommendations, which are to be implemented from January 1, 2016, will benefit 47 lakh central government employees and 52 lakh pensioners.*

*Full Text Of NEWS:*
*NEW DELHI: In a big bonanza to central government employees and pensioners, the seventh Pay Commission on Thursday recommended a 23.55 per cent increase in salary, allowances and pension along with a virtual one-rank-one-pension for civilians, involving an additional outgo of Rs 1.02 lakh crore a year.*
*A minimum pay of Rs 18,000 per month and a maximum of Rs 2.5 lakh per month has been recommended by the commission, headed by Justice A K Mathur, that presented its 900-page report to finance minister Arun Jaitley here.*
*The recommendations, which are to be implemented from January 1, 2016, will benefit 47 lakh central government employees and 52 lakh pensioners.*
*The impact the recommendations will be Rs 1.02 lakh crore — Rs 73,650 cr on Central Budget and Rs 28,450 cr on Railway Budget.*
*The award of the pay panel will also benefit staff of autonomous bodies, universities and public sector units, Jaitley said after receiving the report.*
*"In percentage terms, the overall increase in pay and allowance and pensions over the business-as-usual scenario will be 23.55 per cent," the report said. Within this, the increase in pay will be 16 per cent, in allowances 63 per cent and in pension would be 24 per cent, it said.*
*The total salary and pension bill of the central government, which will also include railway employees, will go up from estimated Rs 4.33 lakh crore to Rs 5.35 lakh crore during 2016-17*
*The panel has suggested abolition of the pay band and the grade pay, though it retained the annual increment of 3 per cent.*
*It has also recommended a fitment factor of 2.57 which will be applied uniformly to all employees.*
*Without calling it one-rank-one-pension (OROP), the Pay Commission recommended a revised pension formulation for the central government employees, including para-military personnel as well as for defence staff who have retired before January 1, 2016.*
*The chairman and other member Dr Rathin Roy recommended the age of superannuation for all central armed forces personnel to be raised to 60 years from current 58 years, another member Vivek Rae did not agree with it. He endorsed the stand of home ministry.*
*The formulation will bring parity between past pensioners and current retirees for the same length of service in the pay scale at the time of retirement.*
*In a significant recommendation, it enhanced the ceiling of gratuity from the existing Rs 10 lakh to Rs 20 lakh. And the same will be raised by 25 per cent whenever DA be raised by 50 per cent.*
*In the new pay structure, the grade pay has been subsumed in the pay matrix and the status of the employee, now determined by grade pay, wil now be determined by the level in the matrix.*
*Introduction of a health insurance scheme for employees and pensioners has been recommended. Meanwhile for the benefit of pensioners outside the CGHS areas, CGHS should empanel those hospitals which are already empanelled under CS(MA)/ECHS for catering to the medical requirement of these pensioners on a cashless basis.*
*All postal pensioners must be covered under CGHS. All postal dispensaries should be merged with CGHS.*
*Under the central government employees group insurance scheme, the rates of contribution as well as insurance coverage have now been enhanced suitably. Monthly deduction has been raised from Rs 120 per month to Rs 5,000 and insurance cover from Rs 1.2 lakh to Rs 50 lakh for senior most level. At the bottom of the matrix, it has been raised from Rs 30 per month to Rs 1,500 and the cover hiked from Rs 30,000 to Rs 15 lakh.*
*The commission recommended abolition of all non-interest bearing advances and increased the limit for interest-bearing advances for buying home from Rs 7.5 lakh to Rs 25 lakh*
*http://indianexpress.com/article/india/india-news-india/highlights-of-7th-pay-commission-report/
<http://indianexpress.com/article/india/india-news-india/highlights-of-7th-pay-commission-report/>*

*Highlights of 7th Pay Commission report*
The Seventh Pay Commission headed by Justice AK Mathur on Thursday submitted its report to Finance Minister Arun Jaitley, suggesting 23.55% hike in pay and allowances of govt employees.
By: Express Web Desk | New Delhi | Updated: November 19, 2015 9:00 pm
Following are the highlights of the recommendations made by the 7th Central Pay Commission, headed by Justice A K Mathur, which submitted its report to Finance Minister Arun Jaitley today: Pay panel suggests 23.55 per cent hike in govt employees' salary, minimum pay of Rs 18,000 per monthSeventh Pay Commission to submit report soonJustice Mathur to head 7th Pay CommissionBefore polls,government sets up Seventh Pay CommissionIndia Inc warns govt over Seventh Pay Commission salary hikesAhead of elections,PM gives nod to Seventh Pay CommissionPay panel suggests 23.55 per cent hike in govt employees' salary, minimum pay of Rs 18,000 per monthSeventh Pay Commission to submit report soonJustice Mathur to head 7th Pay CommissionBefore polls,government sets up Seventh Pay CommissionIndia Inc warns govt over Seventh Pay Commission salary hikesAhead of elections,PM gives nod to Seventh Pay CommissionPay panel suggests 23.55 per cent hike in govt employees' salary, minimum pay of Rs 18,000 per monthSeventh Pay Commission to submit report soonJustice Mathur to head 7th Pay CommissionBefore polls,government sets up Seventh Pay CommissionIndia Inc warns govt over Seventh Pay Commission salary hikesAhead of elections,PM gives nod to Seventh Pay Commission
* 23.55 per cent increase in pay and allowances recommended
* Recommendations to be implemented from January 1, 2016
* Minimum pay fixed at Rs 18,000 per month; maximum pay at Rs 2.25 lakh
* The rate of annual increment retained at 3per cent
* 24 per cent hike in pensions
* One Rank One Pension proposed for civilian government employees on line of OROP for armed forces
* Ceiling of gratuity enhanced from Rs 10 lakh to Rs 20 lakh; ceiling on gratuity to be raised by 25 per cent whenever DA rises by 50 per cent
* Cabinet Secretary to get Rs 2.5 lakh as against Rs 90,000 per month pay band currently
* Financial impact of implementing recommendations will be Rs 1.02 lakh crore – Rs 73,650 crore to be borne by Central Budget and Rs 28,450 crore by Railway Budget.
* Total impact of Commission’s recommendation to raise the ratio of expenditure on salary and wages to GDP by 0.65 percentage points to 0.7 per cent
* Military Service Pay (MSP), which is a compensation for the various aspects of military service, will be admissible to the defence forces personnel only
* MSP for service officers more than doubled to Rs 15,500 per month from Rs 6,000 currently; for nursing officers to Rs 10,800 from Rs 4,200; for JCO/ORs to Rs 5,200 from Rs 2,000 and for non-combatants to Rs 3,600 from Rs 1,000
* Short service commissioned officers will be allowed to exit the armed forces at any point in time between 7 to 10 years of service
* Commission recommends abolishing 52 allowances; another 36 allowances subsumed in existing allowances or in newly proposed allowances
* Recommendations will impact 47 lakh serving govt employees, 52 lakh pensioners, including defence personnel.

Forwarded by

Balbir  Singh Sooch-Sikh Vichar Manch
https://www.facebook.com/balbir.singh.355

 

 

 

 

 

 

 

 

 

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