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PCDA : Revision of pension/family pension

ACCORDING TO GOI, MOD letter No 34(6)/2012/D(Pen/Sers) dated 27.12.2012 issued in implementation of Supreme Court order on Rank Pay dated 4/9/12, Pensionary benefits due to refixation of pay, if any, will also be admissible. PPO revising pension will be issued to all concerned. ... Read more...

Merger of DA of Central Government Employees: Question raised in Rajya Sabha

Unanswered Central Government Employees' hot matter regarding merger of DA also knocked the table of parliament. An Unstarred question No. 3139 by Rajya Sabha MPs Shri Jai Prakash, Narayan Singh, Shri Salim Ansari was scheduled for written answer from Ministry of Finance on 23rd April, 2013.  The answer is not published by Rajya Sabha Website and the question is in pending list.  The answer will be appeared on Rajya Sabha Website after receiving the same from concerned ministry.  The details of Rajya Sabha Question is given below:- RAJYA SABHA List of Questions for WRITTEN ANSWERS to be asked at a sitting of the Rajya Sabha to be held on Tuesday, April 23, 2013/Vaisakha 3, 1935 (Saka) Merger of DA of Central Government Employees 3139. SHRI JAI PRAKASH, NARAYAN SINGH, SHRI SALIM ANSARI Will the Minister of FINANCE be pleased to state: ( a) whether it is a fact that Dearness Allowances (DA) of Central Government employees and ...

Govt. denies consideration of 7th CPC

In a reply of question regarding 7th CPC, Minister of State for Finance Sri N.N. Mina has stated that as there is normally a gap of ten years between successive pay commissions, the Govt. is presently not considering setting up of seventh pay commission for central Govt. employees. This answer was given on 23.04.2013 on the upper house of parliament. "The recommendations of the 6th Central Pay Commission were given effect to from 1.1.2006. Generally, there has been a gap of a minimum 10 years between two successive Pay Commissions. Therefore, no proposal to constitute the Seventh Central Pay Commission is at present under consideration." But as per information from our sources that Govt. is actively considering it unofficially and may be not in near future, it may be announced in the later part of the current calender year.

DA hike approved; 80%DA from January 2013

The Union Cabinet on Thursday approved a proposal to increase dearness allowance (DA) by 8 percent to 80 percent from existing 72 percent. The move will benefit about 50 lakh employees and 30 lakh pensioners of the central government. 

DELAY IN GRANT OF DA - CONFEDERATION TO ORGANISE PROTEST DEMONSTRATION ON 23RD APRIL 2013

Confederation letter on Protest against delay of DA announcement               Since the implementation of the recommendations of the 4 th   central pay commission in 1986, the Dearness Allowance (DA) is paid in two six-monthly installments – in March and September of every year. The practice followed since then is that the order granting DA to government employees is issued in March and September itself.               This time the practice in force since 1986 is violated. Our enquiries with concerned Ministries informed us that the file is already moved for Cabinet approval. But it is nearly a month now. The cabinet has found no time to take a decision on this.

Confederation letter to PM on DA hike approval

CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS A-2/95, Manishinath Bhawan, Rajouri Garden,New Delhi-110 027 Website:www.confederationhq.blogspot.com. Email:Confederation06@Yahoo.co.in Tel: 011-2510 5324:  Mobile: 98110 48303 17th April 2013 Dr Manmohan Singh, Hon’ble Prime Minister of India South Block, New Delhi – 110001 Sir,              Subject: Grant of Dearness Allowance to Central Govt Employees and Officers – Reg.             I am to invite your kind attention to the delay in the grant of additional installment of Dearness Allowance to Central Government employees and officers and the consternation it is causing amongst the employees.

GPF Interest rate for 2013-14 reduced to 8.7%: Resolution and comparison with other fund/scheme.

As per MoF Resolution dated 8th April, 2013 the interest rate of General Provident Fund and similar fund has been reduced 0.10% from 8.8% to 8.7% effective from 01.04.2013.   Comparison of  the interest rate of other saving scheme with GPF:- Scheme Rate of Interest w.e.f. 01.04.2013 GPF 8.7 EPF 8.5 ( Yet to be announced) 1 Year Time Deposit 8.2 2 Year Time Deposit 8.2 3 Year Time Deposit 8.3 5 Year Time Deposit 8.4 5 Year Recurring Deposit 8.3 5 Year SCSS 9.2 5 Year MIS 8.4 5 Year NSC 8.5 10 Year NSC 8.8 PPF 8.7