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Wednesday, 30 April 2014
National Pension Scheme (NPS) funds for government workers gave worst ever returns in 2013-14
Worst ever performance by NPS funds
Year
|
Central Govt workers
|
State Govt workers
|
2010-11
|
6.91%
|
7.91%
|
2011-12
|
7.28%
|
8.04%
|
2012-13
|
11.24%
|
11.82%
|
2013-14
|
5.37%
|
4.95%
|
Since launch
|
7.55%
|
7.87%
|
Figures are average SIP returns of the three pension funds that manage the Govt workers retirement savings.
Vacancy position for Postmaster Grade -I , Examination for 2014
The following are the vacancies announced for the LDCE for promotion to the cadre of Postmaster Grade I scheduled to be held on 15.06.2014.
Name of the Circle
|
Total no of Vacancies
|
Break up
| |||
A.P
|
9
|
OC
|
SC
|
ST
|
PH
|
5
|
2
|
2
|
0
|
PA(SBCO) officials are not eligible to appear for the above said examination.
Tuesday, 29 April 2014
VIZIYANAGARAM bi-ennial conference
The 27th bi-ennial joint conferences of NUPE PIII, PIV and NUGDS were conducted at YOUTH Hostel, Vizayanagaram on 27.4.2014 under the presidentship of Sri P.Damodar. Sri V.Sivaji C/s, Sri VSP Arunkumar D/s Visakhapatnam, Sri L.Krishnaprasad President Visakhapatnam, Sri R.Kamaraju D/s Anakapalli, Sri A.Vijayarao D/s Srikakulam, Sri PRY Naidu ACS NUPE Gr-c AP Circle and Sri Srinivasarao, D/s NUPE PIV Visakhapatnma divn were attended the meeting and addressed the gathering. After the subject committe meeting election of office bearers were took place. Sri Y.Sanyasirao, PRIP Vizayanagaram and Sri S.Adinarayana PA, Vizayanagaram city SO were elected as divisional president and Secretary respectively. The circle union congratulates the newly elected body.
Clarification on increase in certain allowances by further 25% as a result of enhancement of Dearness Allowances w.e.f. 1.1.2014
The annual ceiling limit for reimbursement of Children Education Allowance raised from Rs 15000/- to Rs.18,000/- per child.
The Hostel Subsidy shall be Rs.54000/- per annum per child.
Subject: Clarification on increase in certain allowances by further 25% as a result of enhancement of Dearness Allowances w.e.f. 1.1.2014
The Hostel Subsidy shall be Rs.54000/- per annum per child.
No.A-27012/1/2014-Estt. (Allowance)
Government of India
Ministry of Personnel, Public Grievances and Pension
Department of Personnel & Training
Block-IV, Old JNU Campus
New Delhi, 28th April, 2014.
OFFICE MEMORANDUM
Subject: Clarification on increase in certain allowances by further 25% as a result of enhancement of Dearness Allowances w.e.f. 1.1.2014
The undersigned is directed to refer to para 1(j) of this Department’s 0M. No.12011/03/2008-Estt. (Allowance) dated 2.9.2008. This provides that the limits of Children Education Allowance would be automatically raised by 25% every time the Dearness Allowance on the revised pay structure goes up by 50%. References are being received from various quarters with regard to the amount of Children Education Allowance admissible consequent upon enhancement of Dearness Allowance payable to Central Government employees @ 100% w.e.f. 1 January, 2014 announced vide Ministry of Finance, Department of Expenditure O.M. No.1/l/2014-E-1I (B) dated 27th March, 2014.
2. In accordance with the above, the following shall be the revised limits:
a) The annual ceiling limit for reimbursement of Children Education Allowance shall be Rs.18,000/- per child. Accordingly, the quarterly claim could be more than Rs.4500/- in one quarter. The Hostel Subsidy shall be Rs.4500/- per month per child;
b) The rates of Special Allowance for Child Care to women with disabilities stands revised to Rs. 1500/- per month; and
c) The annual ceiling for reimbursement of Children Education Allowance for disabled children of Government employees shall be treated as revised to Rs.36,000/- per annum per child and the rates of Hostel Subsidy for disabled children of Government employees shall be treated as revised to Rs.9000/- per child per month.
3. These revisions are applicable with effect from 1st January, 2014.
4. These revisions shall be subject to other terms and conditions mentioned in this Department’s O.M. No.12011/03/2008-Estt (Allowance) dated 2.9.2008, O.M. No.12011/04/2008 dated 11.9.2008 and 12011/07(i)12011-Estt.(AL) dated 21.2.2012.
sd/
(Mukul Ratra)
Director
CADRE RESTRUCTURING MEETING FINAL AGREEMENT
The JCM Staff side, Departmental council ( NFPE & FNPO) has signed the cadre restructuring proposal after several rounds of protracted negotiations with the administration on 28.04.2014.
The Salient features of the agreement are as follows :
1. Number of LSG posts will increase from 8 % to 22 %
2. Number of HSG II posts will increase from 2 % to 12 %
3. Number of HSG I posts will increase from 1.5 % to 4 %
4. After completion of 2 years in HSG I the official will be promoted to 4800 GP (Non-functional Basis)
5. The above proposal will be applicable to RMS, Circle Office and SBCO in the same ratio
6. Postman/Mail guard will get the same ratio of promotion.
Service Unions demand for separate higher pay scale for PO& RMS Accountants, Creation of separate cadre for System Administrators or grant of special pay/allowance, bringing MTS also under cadre restructuring etc is not accepted by the administration. Regarding Postmaster Cadre after much bargaining, it is agreed to examine our claim for higher pay scale after the present proposal is approved by the government .
The present proposal is to be approved by Postal Board, DoPT & Finance Ministry.
Wednesday, 23 April 2014
Abolish the New Pension Scheme from Indian Railway: Railway Minister's DO letter to Finance Minister
Hon'ble Minister for Railways Sh. Malikarjun Kharge has written a D.O. Letter to Minister for Finance regarding abolition of New Pension System from India Railways. The text of the said letter, which has been published by AIRF, is reproduced below:-
MALLIKARJUN KHARGE
MINISTER FOR RAILWAYS
GOVERNMENT OF INDIA
NEW DELHI
No. 2012/F(E)III/1/4-Part
29 March, 2014.
Dear Shri P. Chidambaram ji,
Through this letter, I wish to draw your attention to a long standing demand raised by both Staff Federations of Railways on National Pension Scheme (NPS) for employees of Indian Railways. The Federations have been expressing resentment over operation in the Railways of the National Pension Scheme, which is perceived as a lower social security cover for Railway employees. Their contention is that there are enough grounds for Railway employees to be treated differently from other civil employees of the Government, and that Indian Railways should operate the traditional defined .benefit pension scheme available to pre-01-01-2004 appointee's.
You will recall that a few organizations/categories of Government employees were specifically exempted from the purview of NPS on consideration of special, riskier and more onerous nature of duties. The Federations have been drawing parallel with of nature of duties performed by most categories of Railway employees with those in the Armed Forces. They contend that during British period, Railways was conceived and operated as an auxiliary wing of the Army. It was also realized that by virtue of its complex nature, Railways required a high level of discipline and efficiency to be able to perform its role as the prime transport mode. Railways is an operational organization required to be run round the clock through the year. Railway employees have to work in inhospitable conditions, braving extreme weather, unfriendly law and order scenario, and inherent risks associated with the Railway operations itself. As in the Armed Forces, many have to stay away from their families for long periods while performing duties in areas where adequate facilities are lacking.
I feel that there is considerable merit in the contention of the Staff Federations. Besides the critical and complex nature of duties of Railway employees, the hazards involved are also high. Despite best efforts for enhanced safety measures, a large number of Railway employees lose their lives or meet with serious injuries in the course of performance of their duties each year.
During the period 2007-08 to October 2011, the number of Railway employees killed during the course of their duty has been more than number of passengers/other members of public killed in Rail related accidents including accidents at unmanned level crossings. While the nature of duties of Railway employees is inherently high risk during peace time, they also perform functions of critical importance during war time and times of natural calamities, in moving men and materials across the country to maintain supply of essential commodities and safeguard integrity of the nation.
In my view, there are adequate grounds for the Government to consider exemption for Railway employees from the purview of NPS. The implications of this would be that Government expenditure would reduce over the next few years through discontinuance of Government Contribution under the NPS, but the long term liabilities would increase, as financial commitments in the defined benefit pension scheme would be higher. Since Railways are required to meet the pensionary outgo from their internal resources, switch over to defined benefit pension scheme would call for a more systematic provisioning under the Pension Fund through appropriate revenue generating measures. With Rail Tariff Authority on the horizon, I believe that this would be possible.
In the light of the above, I suggest that our request for exemption from operation of the NPS be considered sympathetically and necessary approvals communicated.
A copy of each demands raised by the two Federations is enclosed.
With regards,
Yours sincerely,
/sd/
(Mallikarjun Khagre)
Shri P. Chidambaram, Finance Minister,
Government of India, North Block,
New Delhi-110001.
Monday, 21 April 2014
Tuesday, 15 April 2014
Notification for holding of LDCE for promotion to the cadre of Postmaster Grade-I 2014 on 15.06.2014
CLICK HERE to view Directorate's notification No. A.34012/02/2014-DE dated 7th April 2014.
The Examination is scheduled to be held on 15.06.2014 and the last date for submission of applications is 05.05.2014.
Tuesday, 8 April 2014
Reiteration of provisions of CCS Pension Rules 1972 in cases of irregularly withholding Gratuity / Pensionary benifites on account of Disc proceedings etc
CLICK HERE to view the Postal Directorate clarification on the above subject matter
Digitization of Service Books of employees at Head Post Offices- Nomination of Single Point of Contacts (SPOCs) thereof
The Competent Authority has decided to nominate Accountant of each Head Post Office as Single Point of Contact (SPOC) for digitization activity under the Core System Integrator (CSI) in his Post Office. He will help the digitization team in reading and understanding the Service Book entries and identifying the documents that are scanned. After the quality check by the digitization team, he will verify the entries entered in the system with the respective Service Books and also ascertain whether the relevant documents have been scanned properly. Subsequently, He will submit a report in this regard to the Divisional Head/Unit Head providing list of employees, whose Service Books have been digitized and the relevant documents have been scanned; and also the list of missing documents employee-wise.
It has also been decided that as the work is HPO specific, the concerned Divisional Head/Unit Head will nominate Sr. PM/PM or ASP/IP of the Division/Unit in case of non-availability of regular HSG-I/HSG-ll Postmaster for each HPO for checking, countersigning and releasing the list of employees, whose Service Books have been digitized and list of missing documents employee-wise to the TCS Digitization Team.
Monday, 7 April 2014
CADRE RESTRUCTING COMMITTEE MEETING
Cadre Restructuring Committee Meeting is Scheduled to be convened on 28/4/2014 at 1100 AM AM AT DAK BHAVAN, NEW DELHI
Sunday, 6 April 2014
SA Agents - Ruling amendament
The investment will be treated as direct if the Agent receipt numbers not noted on the ACG-17 i.e comission voucher for orders CLICK HERE
PA Examination - 2014 - updates
1. You can download Registration Slip once the Fee payment status is paid
2. Registration Slip can be printed till the examination day
3. If your payment status is unpaid and you have paid the fee then follow the instructions given at the payment status button after login
4. If you have already mailed the scanned image of challan and DOP receipt then please do not mail again
5. Payment status will be updated after verification.
Saturday, 5 April 2014
Installation of ATM's at Head Post Offices in AP Circle
The following 14 prioritized offices of the A.P. Circle have been selected for construction of ATMs for the 1st quarter of FY 2014-15.
Sl No.
|
Name of Region
|
Name of Division
|
Office Name
|
1
|
HYDERABAD CITY
|
HYDERABAD GPO
|
Hyderabad G.P.O.
|
2
|
HYDERABAD CITY
|
SECUNDERABAD
|
Secunderabad H.O
|
3
|
HYDERABAD CITY
|
HYDERABAD CITY
|
Khairatabad H.O
|
4
|
HYDERABAD CITY
|
HYDERABAD SOUTH EAST
|
Hyderabad Jubilee H.O
|
5
|
HYDERABAD CITY
|
SECUNDERABAD
|
Trimulgherry H.O
|
6
|
VIJAYAWADA
|
VIJAYAWADA
|
Vijayawada H.O
|
7
|
KURNOOL
|
KURNOOL
|
Kurnool H.O
|
8
|
KURNOOL
|
TIRUPATI
|
Tirupati H.O
|
9
|
VISAKHAPATNAM
|
VISAKHAPATNAM
|
Visakhapatnam H.O
|
10
|
VISAKHAPATNAM
|
RAJAHMUNDRY
|
Rajahmundry H.O
|
11
|
HYDERABAD
|
WARANGAL
|
Warangal H.O
|
12
|
HYDERABAD
|
NIZAMABAD
|
Nizamabad H.O
|
13
|
VIJAYAWADA
|
GUNTUR
|
Guntur H.O
|
14
|
VIJAYAWADA
|
NELLORE
|
Nellore H.O
|