Saturday, 26 March 2016
Thursday, 24 March 2016
Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016
Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.01.2016. This represents an increase of 6 percent over the existing rate of 119 percent of the Basic Pay/Pension, to compensate for price rise.
This will benefit about 50 lakh Government employees and 58 lakh pensioners.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission (CPC). The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of Rs. 6796.50 crore per annum and Rs.7929.24 crore respectively, in the financial year 2016-17 (for a period of 14 months from January, 2016 to February, 2017).
Wednesday, 23 March 2016
Tuesday, 15 March 2016
Revised Pensionary benefits under OROP released to over Two Lakh Defence Pensioners
Revised Pensionary benefits under OROP released to over Two Lakh Defence Pensioners
The Defence Pension Disbursing Offices (DPDOs) functioning under Controller General of Defence Accounts (CGDA) in the Ministry of Defence have released revised pensionary benefits to 2,21,224 Defence pensioners drawing service/disability pension. The amount along with first instalment of arrears had been released and credited by the Defence Ministry to the accounts of these pensioners on 01.03.2016.
In the case of remaining 1,46,335 family pensioners drawing pension from Defence Pension Drawing Officers (DPDOs), payment along with arrears is expected to be released by March end. Banks are under process of revision work.
These steps are a follow-up to Department of Ex-Servicemen Welfare (ESW) of the Ministry of Defence’s notification on 07.11.2015 ordering implementation of One Rank One Pension (OROP) scheme for Defence pensioners.
The total additional annual financial increase for grant of One Rank One Pension (OROP) is Rs. 7488.70 crores. The total amount on account of arrears to be paid for the period 1.7.2014 to 31.12.2015 is Rs. 10925.11 crores.
Out of total annual liability of Rs. 7488.70 crores, PBOR family pensioners shall get Rs. 6,405.59 crores, which works out to 85.5% of total expenditure of OROP.
Due to increase in defence pension budget, the additional liability for current financial year 2015-16 shall be Rs. 4,721.34 crores which will increase the current defence pension liability of Rs. 60,238 crores to Rs. 64,959.34 crores for the year 2015-16.
Detailed implementation orders of OROP with 101 tables containing revised pensions of different ranks and categories were issued by the Department of ESW on 03.02.2016 through their website www.desw.gov.in. According to the orders, the Pension Disbursing Agencies have been authorized to make payments with arrears as scheduled.
To facilitate the pension disbursing agencies, the Principal Controller of Defence Accounts (P) have also issued implementation instructions through a circular on 04.02.2016. The implementation instructions along with Government orders are available on the website www.pcdapension.nic.in.
Source : PIB
WNX SERVICES THROUGH POST OFFICES WILL DISCONTINUE FROM 25.04.2016
WorldNet Express - Termination Agreement
F.No. 10-10/2014-BD&MD dated 25.02.2016
Wednesday, 2 March 2016
GOVT DECIDED TO EXTEND THE PROVISION OF SPECIAL CL TO CG EMPLOYEES TO PROMOTE ADVENTURE SPORTS: DOPT
Participation By Central Government Servants In Sporting Events And Tournament Of National Or International Importance.
No.6/3/2015-Estt(Pay-I) dated 29.02.2016
Central Government Employees Group Insurance Scheme (CGEGIS) -1980 – Tables of Benefits for the savings fund for the period from 01.01.2016 to 31.12.2016
Central Government Employees Group Insurance Scheme (CGEGIS) -1980 – Tables of Benefits for the savings fund for the period from 01.01.2016 to 31.12.2016.
Authority: www.finmin.nic.in
GOVERNMENT REJECTED DEMAND FOR RAISING OF BONUS PAYMENT CEILING TO CENTRAL GOVERNMENT EMPLOYEES
F.No. 7/4/2014-E-III(A)Subject:Raising Of Bonus Payment Ceiling To Central Government Employees
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