Sunday, 30 November 2014

CVC withdraws circular that encouraged whistleblowers, even if complainants were anonymous

NEW DELHI: The Central Vigilance Commission has withdrawn a 12-year-old circular that urged government departments to investigate allegations of corruption if there was prima facie evidence, even if complaints were submitted by anonymous people or those using pseudonyms. The circular was meant to protect whistle blowers, revelation of whose identity could prove detrimental and deter them from bringing to light cases of corruption.

However, complainants who desire to protect their identity for fear of consequences have the protection of the Public Interest Disclosure and Protection of Informers Resolution, 2004, where the identity of the complainant would be kept a secret, if complaint is filed to the CVC under this provision. Withdrawal of the circular would mean that any complaint which does not carry the name of complainant or one with a wrong identity would be rejected, irrespective of the seriousness of the allegation or verifiable facts presented with the complaint.

An official claimed this was been done to ensure honest officials were not harassed through anonymous complaints of corruption and also to address perception of policy paralysis in bureaucracy. The circular issued in 2002 had said that government departments or Central Vigilance Officers (CVOs) can look into anonymous complaints after prior CVC concurrence if there were any "verifiable" facts in the complaint. CVC, in a circular to all ministries and CVOs on November 25 has now said the 2002 CVC circular stands withdrawn with immediate effect.
Interestingly, both the government and the Central Vigilance Commission have done U-turns on this issue.
Source:-The Economic Times

India Post collects over Rs 280 crore via Cash-on-Delivery for e-commerce firms

Within a year of joining the e-commerce bandwagon as a distribution channel, government entity India Post has transacted business worth Rs 280 crore in the Cash-on-Delivery (CoD) segment alone for firms likeFlipkart, Snapdeal and Amazon.

While the amount of revenue generated for itself could not be ascertained, government officials said India Post is very keen on developing its e-commerce related services as a major revenue model going ahead.

"India Post collected over Rs 280 crore from consumers and gave it to e-commerce firms, since CoD facility was started in December 2013. The department with its huge network can serve as the best agency for not just delivering products, but also collecting money," a government official said.

However, this is a small chunk of the overall market size for e-commerce in India, which runs into billions of dollars already and is growing at a fast pace every year.

CoD has emerged as one of the most sought after services for e-commerce entities and 50-75 per cent of orders are placed with various online retailers with this payment option, while the remaining opt for credit card or bank payments.

In India, customers tend to prefer CoD as the online payment modes are yet to catch up in many parts of the country while many people are not comfortable with advance payments for products purchased online.

India Post's cash handling services like core banking solutions, money transfer and a robust account system can further help e-commerce firms in collecting cash from users in urban as well as rural areas, the official said.

India Post has about 1.55 lakh post offices, making it the world's largest postal network. On an average, a post office serves 21.21 sq km area and about 7,175 people.

Another official said various e-commerce firms have been using India Posts CoD facility since it was introduced. Firms like Flipkart, Snapdeal, Amazon, Shopclues, Naaptol, Telebrands and Homeshop18 are some of them.

India Post has set up booking counters in the premises of some customers like Amazon and Naaptol, while for Snapdeal it is exploring setting up of e-commerce booking kiosks in post office locations.

Communications and IT Minister Ravi Shankar Prasad has also said previously that India Post is best suited to offer delivery services to e-commerce players, given its wide reach across rural, urban and semi-urban areas.
The Minister has directed officials from the Department of Posts to focus on opportunities in e-commerce sector.

India Post is also ramping up its infrastructure to grab a major chunk of the distribution, delivery or logistics, which will touch about $9 billion by 2021. According to market experts, e-commerce business in India was about $6 billion in value in 2012 and is expected to touch $76 billion by 2021 of which distribution, delivery and logistics constitutes around 12 per cent.

Source : The Economic Times

CCS (LTC) Rules, 1988 - Relaxation to travel by private airlines to visit J and K

CLICK HERE to view Department of Personnel and Training OM No.31011/7/2014-Estt.(A-IV)  dated 28/11/2014 on the above subject matter.

Acquitted employee entitled to full pay for suspension: CAT

Acquitted employee entitled to full pay for suspension: CAT

After an acquittal, an employee is entitled to full pay and allowances from his employer and the grounds of acquittal have no bearing on the matter, the Central Administrative Tribunal (CAT) has ruled

Aggrieved by the decision of telecom department to withhold his full pay and allowances on the plea that his acquittal was “on the benefit of doubt”, Mohinder Singh (61), a resident of Abohar, had moved the CAT seeking directions to treat his period of suspension of four years as “period spent on duty” thus entitling him to full pay and allowances.

Singh, before superannuation from BSNL on January 31, 2010 was employed in telephone exchange, Abohar, and had been suspended from December 12, 2002 to March 2, 2006 owing to pending graft case against him for allegedly demanding bribe for installing a telephone connection. He was acquitted in November 2005 as the prosecution failed to prove the allegations against him.

Following acquittal, his suspension was revoked and Singh joined duty.

In this case, the CAT has ordered the telecom department to grant full pay and allowance to Singh with 9% interest.

However, following the order of disciplinary authority of the department on December 8, 2011, Mohinder’s period of suspension was treated as period “not spent on duty” because his acquittal was based on “benefit of doubt” and “not on merits”.

The appellant authority dismissed Singh’s appeal following which he moved the tribunal.

Singh had sought quashing of the order and treating suspension as a period spent on duty and that he be granted full pay and allowances terming the order of the department as “misplaced”.

He had challenged the order of general manager telecom Punjab circle Ferozepure, chief general manager telecom and BSNL depriving him of full pay and allowances.

Agreeing with the contentions of Mohinder’s counsel Vikas Chatrath, the tribunal accepted, “An acquittal whether on benefit of doubt or otherwise should lead to the same consequences. Therefore, the applicant is entitled to full pay and allowances for period of suspension ordered only because of the criminal case.”

Source :  Hindustan Times

Thursday, 27 November 2014

Central Govt. Planning to reduce retirement age from 60 to 58

In a move that would help curb the relentless increase in the Centre’s non-Plan spending and ease the way for infusion of more young blood and professionalism into the country’s largely moribund bureaucracy, the Narendra Modi government is planning to reduce the retirement age of central government employees from the present 60 to 58.

The move that comes at a time when the Seventh Pay Commission is mulling another sharp boost to the pay structure of the Centre’s 5-million-strong workforce is also aimed at creating the requisite space for lateral entry of technically qualified professionals into the government, official sources told FE.

The retirement age was last revised in 1998, when the then NDA government led by Atal Bihari Vajpayee raised it from 58 to 60 years. The last UPA government had reportedly considered enhancing the retirement age further to 62 just before the general elections, but dropped the move.

The superannuation age was increased from 55 to 58 way back in 1962.

The total wage and salaries bill of the central government, excluding PSUs but including the railways, rose sharply between 2008 and 2010 due to the revised pay scales (along with payment of arrears) implemented as per the Sixth Pay Commission’s proposals.

The wage bill rose from Rs 1.09 lakh crore in 2007-08 to Rs 1.4 lakh crore in 2008-09, and further to Rs 1.7 lakh crore in 2009-10, before the growth moderated to Rs 1.84 lakh crore in 2010-11. The government spent Rs 2.54 lakh crore in wages and salaries in 2013-14. The railways (with 1.4 million employees), defence (civil), home affairs, India Post and revenue account for more than 80% of the total spending of the Centre on pays and allowances.

Thanks to successive pay commissions, the salaries and other emoluments of government employees have, on average, more than doubled in every decade since independence even though lack of sufficient performance incentives is still considered to be a drawback.

A merger of 50% of the dearness allowance with the basic salary, likely to be part of the Seventh Pay Commission’s award, which is to implemented from 2016, is expected to hike the Centre’s wage bill by a third and strain its fiscal situation. In February this year, the government hiked DA to 100%, from 90%, benefiting both its employees and 3 million pensioners.

The Centre’s expenditure on pension stood at Rs 74,076 crore in 2013-14 and the estimate for the current fiscal is Rs 81,983 crore. However, growth in the outgo on pension is expected to moderate due to the National Pension System based on the concept of defined contribution, launched in January 2004. The NPS has been accepted by large sections of central government employees and most state governments have shifted their employees to the new system.

According to Madan Sabnavis, chief economist at CARE Ratings, reducing the retirement age will give the government an opportunity to outsource more jobs, including by bringing in people as temporary consultants, who will then have to be paid only a fixed salary but not pension or provident fund. Their salary component will then show up as administrative costs, rather than as wage bill.

The finance ministry is weighing the pros and cons of the proposal to cut the retirement age. The move, sources said, is also in line with the BJP’s manifesto, which had promised to rationalise and converge ministries, departments and other arms of the government, open up government to draw expertise from industry, academia and society and tap the services of the youth in particular to contribute to governance.

Central govt employees to file assets details by December 31: Govt

New Delhi: All central government employees have to file the details of their assets and liabilities along with that of their spouses and dependent children as mandated under the Lokpal Act by December 31, the Lok Sabha was informed on Wednesday.

As per the rules notified under the Lokpal and Lokayuktas Act in July this year, every public servant who has filed declarations, information and annual returns of property under the provisions of the rules applicable to such public servants shall file the revised declarations as on August 1 to the competent authority on or before September 15.
The provision of the said rules has subsequently been amended by which the time limit for furnishing of such information or return by public servants has been extended till December 31, Minister of State for Personnel, Public Grievances and Pensions Jitendra Singh said in a written reply.

The declarations under the Lokpal Act are in addition to similar ones filed by the employees under various services rules.

All Group A, B and C employees are supposed to file a declaration under the new rules. There are about 26 lakh employees in these three categories, as per latest government data.

The Personnel Ministry has also issued new forms for filing these returns which have fields for mentioning details of cash in hand, bank deposits, investment in bonds, debentures, shares and units in companies or mutual funds, insurance policies, provident fund, personal loans and advance given to any person or entity, among others.

The employees need to declare motor vehicles, aircraft, yachts or ships, gold and silver jewellery and bullion possessed by them, their spouses and dependent children.


New Holiday Home at Madurai ( TN State ) – Advance Booking Starts from Dec 2014


Commencement of Booking of New Holiday Home at Madurai with effect from 1.12.2014
One more new and fresh Holiday Home has been commenced at Madurai for Central Government Employees and Officers. As per the notification issued by the Directorate of Estates, arrangements started for advance booking for 20 suites in the heart of the Temple City Madurai.
Madurai is the third largest city in Tamil Nadu. It is the second largest city and urban agglomeration in the Indian state of Tamil Nadu, after Chennai and the sixteenth largest urban agglomeration of India.
The booking office is located at Plot No. C.1, Tamil Nagar, Koodal Pudur, Anaiyur (P.O.), Madurai, Pin – 625017 (Tamil Nadu) and the online booking also started from 1st December 2014. Contact numbers for the ‘Madurai Holiday Home Booking Office’ is 0452-2661891 and 2661892.

Accommodation details…
Ist Floor – 102 & 101(VIP AC Suite), 104, 105, 106, 107, 108, 103 – 8 Rooms are available

2nd Floor – 201 & 202(VIP AC Suite), 203, 204, 205, 206 – 6 Rooms are available

3rd Floor – 301, 302, 303, 304, 305, 306 – 6 Rooms are available

All other rooms are furnished with Double Bedded AC Room

Total rooms are available 20 including VIP Suites.

(Note; Room No. 102 (VIP) and Room No. 104 & 105 will be under Emergency Quota)


CHALLO PARLIAMENT ON 4.12.2014 ---- MAKE IT GRAND SUCCESS

Dear members,
FNPO provides accommodation in DELHI from 3.12.14 to 5.12.14 up to 10am. in the following places.
a) Sanatan Dharm Sabha, Shiv Mandir, 2283, Ashkok Nagar, Faiz Road, Karol Bagh, New Delhi
b) MTNL Quarters, CHAMPRI 17-18, Atul Grove Road, New Delhi
Participants are requested to make thier own arrangments for FOOD.
For any information  contact the following
D.THEYAGARAJAN  SG FNPO   CELL :  044 23321378,     09444841440
D.KISHANRAO GS NUPE GR-C CELL:   09868250103,        9440065675
V SIVAJI, Circle Secretaryn, NUPE Gr-c :   9959538622

All CWC members and Divisional/Branch secretaries are requested to make it a grand success by participating more in number from your divisions.

YOUR'S...........     Sivaji Vasireddy, Circle Secretary, NUPE Gr-c, AP Circle

Wednesday, 26 November 2014

Amending Rules for Safeguarding Women

Press Information Bureau
Government of India
Ministry of Personnel, Public Grievances & Pensions

26-November-2014 14:50 IST
Amending Rules for Safeguarding Women

Amendments to the Central Civil Services (Conduct) Rules, 1964 and Central Civil Services (Classification, Control and Appeal) Rules, 1965 have been carried out on 19.11.2014 to make working conditions more conducive for women. 

As per the new definition contained in the Explanation (1) under the amended Rule 3C of the Central Civil Services (Conduct) Rules, 1964, “sexual harassment" includes any one or more of the following acts or behaviour (whether directly or by implication) namely : -  

(i)      physical contact and advances; or

(ii)     a demand or request for sexual favours; or

(iii)    making sexually coloured remarks; or

(iv)    showing pornography; or

(v)     any other unwelcome physical, verbal, non verbal conduct of a sexual nature. 

The following circumstances, among others, if it occurs or is present in relation to or connected with any act or behaviour of sexual harassment may amount to sexual harassment : -

(i)      implied or explicit promise of preferential treatment in employment; or

(ii)     implied or explicit threat of detrimental treatment in employment; or

(iii)    implied or explicit threat about her present or future employment status; or

(iv)  interference with her work or creating an intimidating or offensive or hostile work environment for her; or

(v)     humiliating treatment likely to affect her health or safety.  

Further, as per Explanation (1)(c) under the Rule 3C of the Central Civil Services (Conduct) Rules, 1964,"workplace" includes,- 

(i)      any department, organisation, undertaking, establishment, enterprise, institution, office, branch or unit which is established, owned, controlled or wholly or substantially financed by funds provided directly or indirectly by the Central Government;

(ii)               hospitals or nursing homes;

(iii)   any sports institute, stadium, sports complex or competition or games venue, whether residential or not used for training, sports or other activities relating thereto;

(iv)    any place visited by the employee arising out of or during the course of employment including transportation provided by the employer for undertaking such journey;

(v)       a dwelling place or a house .
This was stated by Minister of State for Personnel, Public Grievances and Pensions Dr. Jitendra Singh in a written reply to Shri Rajan Vichare in the Lok Sabha  today.

Tuesday, 25 November 2014

Opening of new Post ffice with Finacle directly first in india - i.e Adikavi Nannayya University Campus PO - 533296, AP Circle

Opening of new sub post office directly with Finacle i.e Adikavi Nannayya University Campus PO - 533296 (First PO in India) by Hon'ble CPMG of AP state Sri.B.V.Sudhakar in the presence of PMG Visakhapatnam and Vijayawada.

Monday, 24 November 2014

Tuesday, 18 November 2014

Grant of Compensatory off to the Departmental officials who were brought on duty on Sunday & Holidays in connection with Postman/Mail Guard Examina6tion held on 26/10/2014

The Union Finance Minister Shri Arun Jaitley will re-launch the Kisan Vikas Patra (KVP) on 18.11.2014

PRESS INFORMATION BUREAU
GOVERNMENT OF INDIA
***
FM TO RELAUNCH KISAN VIKAS PATRA (KVP); AVAILABLE TO THE INVESTORS IN THE DENOMINATION OF RS. 1000, 5000, 10,000 AND 50,000, WITH NO UPPER CEILING ON INVESTMENT; INVESTMENT MADE IN THE KVP WILL DOUBLE IN 100 MONTHS
New Delhi, November 17, 2014
Kartika 26, 1936


The Union Finance Minister Shri Arun Jaitley will re-launch the Kisan Vikas Patra (KVP) here tomorrow in the presence of Shri Ravi Shankar Prasad, Union Minister of Communication and IT and Shri Jayant Sinha, Minister of State for Finance among others. Increasing savings rate in the economy was one of the priorities of the new Government on assuming charge. In view of the popular demand and to revitalize Small Savings, the Finance Minister in para 27 of his Budget Speech announced that "Kisan Vikas Patra (KVP) a very popular instrument among small savers will be reintroduced The instrument will encourage people, who may have banked and unbanked savings to invest". Accordingly, it is decided to reintroduce Kisan Vikas Patras (KVPs). KYC norms regarding all National Savings Schemes (NSS) are now applicable in post offices and banks w.e.f. January, 2012.
 
The re-launched Kisan Vikas Patra (KVP) will be available to the investors in the denomination of Rs. 1000, 5000, 10,000 and 50,000, with no upper ceiling on investment. The certificates can be issued in single or joint names and can be transferred from one person to any other person / persons, multiple times. The facility of transfer from one post office to another anywhere in India and of nomination will be available. The certificate can also be pledged as security to avail loans from the banks and in other case where security is required to be deposited. Initially the certificates will be sold through post offices, but the same will soon be made available to the investing public through designated branches of nationalised banks. 
 
Kisan Vikas Patras have unique liquidity feature, where an investor can, if he so desires, encash his certificates after the lock-in period of 2 years and 6 months and thereafter in any block of six months on pre-determined maturity value. The investment made in the certificate will double in 100 months. 
 
Reintroduction of Kisan Vikas Patra (KVP) is a welcome step not only in the direction of providing safe and secure investment avenues to the small investors but will also help in augmenting the savings rate in the country. The scheme will also safeguard small investors from fraudulent schemes. With a maturity period of 8 years 4 months, the collections under the scheme will be available with the Govt. for a fairly long period to be utilized in financing developmental plans of the Centre and State Governments and will also help in enhancing domestic household financial savings in the country. 
 
Kisan Vikas Patra (KVP) – a certificate savings scheme was launched by the Government on 1st April, 1988. The scheme provided facility of unlimited investment by way of purchase of certificates from post offices in various denominations. The maturity period of the scheme when launched was 5 ½ years and the money invested doubled on maturity. The scheme was very popular among the investors and the percentage share of gross collections secured in KVP was in the range of 9 % to 29 % against the total collections received under all National Savings Schemes in the country. Gross collections under the scheme in the year 2010-11 were Rs. 21631.16 crores which was 9 % of the total gross collections during the year. In the year of its closure, the scheme secured gross collections of Rs. 7575.95 crores (April 2011 to November 2011).

Saturday, 15 November 2014

NPS is far beneficial than Government Pension – Comparison of New Pension Scheme (National Pension Scheme) and Central Government Pension

The Central Government employees who have joined after 1/1/2004 and are put under National Pension Scheme (NPS)  have been demanding abolition of NPS and have been persuading the Central Government to make the government pension scheme applicable to them.

This only exhibits their ignorance of the fact that the New Pension Scheme is highly lucrative and make the government employees who joined after 1/1/2004 far richer than the government employees who enjoy government pension scheme.  By doing so they are in the process of ruining the great fortunes that lies in store under New Pension Scheme. Let me compare both the scheme:

Comparison of New Pension Scheme (National Pension Scheme) and Central Government Pension

Benefits under NPS

Let me take a case of Upper Division Clerk(UDC) who joins government service in 2014 at the age of 25  and renders 35 years  of service till attaining 60 years of age. He / She gets 3% annual increment every year and gets one promotion every 10 year under M.A.C.P.  Although he / she is likely to get 14 to 20% increase in D.A every year as per Consumer Price Index I just take 12%(assuming 6 + 6%) 2 times D.A in a year


YEARD.A. assumed
 @
12%
Per
annum
PAY + GRADE
PAY
with 3% annual increment
D.ATOTALTotal
Monthly
Subscription
(employee and Govt)
Annual
Subscription
Annual
Appreciation
of Investments @
8.7%
Only
TOTAL
PENSION
WEALTH
2014
107%
9910
10604
20514
4102
49224
2320
51,544
2015
119%
10210
12150
22360
4471
53652
7012
1,12,208
2016
131%
10520
13781
24301
4860
58320
 12511
 183039
2017
143%
10840
15501
26341
5268
63216
 18903
 265158
2018
155%
11170
17314
28484
5696
68352
 26290
 359800
2019
167%
11510
19222
30732
6146
73752
 34779
 468331
2020
179%
11860
21229
33089
6618
79416
 44487
 592234
2021
191%
12220
23340
35560
7112
85344
 55546
 733124
2022
203%
12590
25558
38148
7630
91560
 68097
 892781
2023
215%
12970
27886
40856
8172
98064
 82293
 1073138
2024*
227%
14130
32075
46205
9240
110880
 98589
 1282607
2025
239%
14560
34798
49358
9872
118464
 117170
 1518241
2026
251%
15000
37650
52650
10530
126360
 138041
 1782642
2027
263%
15450
40634
56084
11216
134592
 161433
 2078667
2028
275%
15920
43780
59700
11940
143280
 187596
 2409543
2029
287%
16400
47068
63468
12694
152328
 216809
 2778680
2030
299%
16900
50531
67431
13486
161832
 249371
 3189883
2031
311%
17410
54145
71555
14312
171744
 285614
 3647241
2032
323%
17940
57946
75886
15178
182136
 325893
 4155270
2033
335%
18480
61908
80388
16078
192936
 370601
 4718807
2034*
347%
21060
73078
94138
18828
225936
 421184
 5365927
2035
359%
21700
77903
99603
19920
239040
 478101
 6083068
2036
371%
22360
82956
105316
21064
252768
 541139
 6876975
2037
383%
23030
88205
111235
22248
266976
 610878
 7754829
2038
395%
23730
93734
117464
23492
281904
 687954
 8724687
2039
407%
24450
99512
123962
24792
297504
 773068
 9795259
2040
419%
25190
105546
130736
26148
313776
 866975
 10976010
2041
431%
25950
111845
137795
27560
330720
 970498
 12277228
2042
443%
26730
118414
145144
29028
348336
 1084535
 13710099
2043
455%
27540
125307
152847
30570
366840
 1210066
 15287005
2044*
467%
29640
138419
168059
33612
403344
 1348977
 17039326
2045
479%
30530
146239
176769
35354
424248
 1501283
 18940857
2046
491%
31450
154420
185870
37174
446088
 1668876
 21055821
2047
503%
32400
162972
195372
39074
468888
 1853953
 23378662
2048
515%
33380
171907
205287
41058
492696
 2057162
 25928520
2049
527%
34390
181235
215625
43126
517512
 2280169

 28726201

* MACP / Promotion Years
(A) Therefore, the total pension wealth of a government servant who joined in 2014 and retiring under New Pension Scheme shall at the time of his retirement be Rs. 2,87,26,201/-

(B) 60% of the lump-sum pension wealth which he / she will be  getting on retirement:
Rs.1,72,35.720

(C) 40%   invested in an annuity scheme  which he / she can receive before 70 years:
Rs.1,14,90,481

(D) Earned Leave Encashment:  Rs. 215625 x 10 months        :  Rs.   21,56,250

TOTAL of (A) (B) (C) and (D) will be            Rs. 3,08,82,451

Death Gratuity:

Although not entitled for retirement gratuity, but eligible for Death Gratuity  If died during the service

Monthly Pension:

At the assumed Interest at the rate of 8.7% per annum on  the other 40%  of pension wealth of Rs.1,14,90,481  invested in annuity shall fetch
monthly pension of  at least  :            Rs.83,306/

Not only this, before he / she attains the age of 70 he / she can withdraw the remaining  40% of his pension wealth of Rs. 1,14,90,481/- which if invested in Fixed Deposit of a nationalised bank can fetch interest and take care of not only of his wife and children but his descendants also for generations to come.

This is just a tip of the iceberg. If we consider the other  4 pay commission benefits that materialize on 1/1/2016, 1/1/2026, 1/1/2036 and 1/1/2046 which a NPS pensioner who joins as UDC shall be getting  before his retirement in 2049,his total pension wealth will be undoubtedly double the above amount which comes to more than Rs.5 crores. While a person who joins as U.D.C. gets this much, one will be rocked out of stupor to know what a Group A officer who renders 35 years of service may get – undoubtedly his total pension wealth will be more than Rs.10 crores.

Benefits under Central Government Pension Scheme

Now let us see what will be the retirement benefits of the above person if he / she is put in government pension scheme:

1.Gratuity for 16.5 months :

Rs.2,15,625 x 16.5 months = Rs.35,57,812/- Restricted to  Rs.10,00,000

2. Earned Leave Encashment:

Rs. 215625 x 10 months :     Rs.21,56,250

3. Pension Commutation:

Rs.17195 x 40% = Rs.6878 x 12 x  8.194 years   Rs  6,76,300

Total Benefits under Central Government Pension Scheme:         Rs.38,32,550

4. GPF Balance:

As it is a general tendency of the government servants to withdraw from GPF frequently, there will be very little left at the time of retirement

5. Monthly pension

i) Rs.34390 / 2    =  Rs.17195 (basic pension being 50% of pay and grade pay Less 40% of basic pension towards commutation (Rs 6878) which will be restored after 15 years

Balance basic pension       is Rs. 10317

ii) DA @ 527% of basic pension of Rs.17195  = Rs. 90617 (subject to increase in DA every 6 months based on consumer price index)

Total pension                        is Rs.1,00,934 per month.

After the death of government servant  say after 67 years, spouse can take only 60% of the basic pension i.e.Rs.17195 x 60% = Rs.10317 plus D.A.at the prevailing rates. After spouse’s death children are unlikely to draw the pension as they would have already crossed the age limit.  Thus, unlike the dependents of NPS pensioners, there will be nothing left for financial security  of the dependents of the government pensioners .

Thus it is unwise on the part of government servants who have joined after 1/1/2004 to demand for abolition of NPS scheme and grant of government pension.

Mr.M.Dorai
Deputy Director
ESIC Model Hospital,
Bangalore (Ministry of Labour, Government of India) is the author of this Article.

The views expressed in this article are those of the guest author and are not intended to represent the views of GConnect.

Courtesy:http://www.gconnect.in/