Publishing of Press release & Notice - Recruitment in IPPB

Date : 30.9.2016

Publishing of Press release & Notice related to Recruitment in India Post Payments Bank (IPPB) Ltd.

India Post Payments Bank starts recruitment 


Press Release

India Post Payments Bank has started its recruitment drive with the release of the advertisement for the post of the Chief Executive Officer/ Managing Director, the Chief Technology Officer (CTO), other CXOs who will be heading its Operations, Risk and Compliance, Finance, HR & Administration and Sales and Marketing Departments. It has also advertised for some contractual positions across multiple Departments. Regular recruitment for other positions across scale I-VII will also be announced in the coming weeks. IPPB has also called for deputations from Public Sector Banks for some corporate HQ positions and will shortly be seeking deputations from banks, post office & other Govt Depts for its branch locations. IPPB plans to recruit about 3500 professionals in the coming months. Details are available on the India Post website. 

IPPB will be headquartered in New Delhi and plans to launch 650 branches across the country by the next year. The India Post Payments Bank will leverage the widespread reach and the trust that the Post office enjoys in the minds of the citizen to truly drive financial inclusion. With all 1.54 lac Post offices, including 1.39 lac rural post offices as its access points and 650 Payments bank branches in district HQ locations it will be the most accessible bank in the world in terms of reach. It will deploy state of the art technology to make banking both simple and convenient to its customers. 

IPPB calls upon dedicated and committed professionals who would want to be part of the journey to create a national financial architecture which will connect every citizen with the financial services that they need to access. 

FLASH FLASH NEWS ON GDS BONUS

Date : 30.9.2016

FLASH FLASH NEWS ON GDS BONUS

Today SG FNPO, President FNPO, NUGDS General Secretary& DGS NUGDS met the following officers.

Chairman Postal Board. Director General &DDG. (est).

Outcome of the meeting.

GDS Bonus: GDS Committee recommended revision of bonus ceiling from 3500 to 7000 as in the case Departmental employees. DDG sent the file to JS&FA for approval after this it will go to  Chairman Postal Board for final approval let us hope for the best within two days.

Cadre Restructuring for RMS, Circle office& SBCO:  File has been sent for approval to the Communication Minister.

MMS Cadre Restructuring: DOP&T raised some doubts this will be cleared by the Department next week.

Postman Recruitment: Department decided to cancel the earlier examination final decision has to be taken.   

D.Theayagarajan

S/G FNPO.

Fixation of pay and grant of increment in the revised pay structure - clarifications

Date : 30.9.2016

Fixation of pay and grant of increment in the revised pay structure - clarifications

Revision of interest rates for Small Savings Schemes

Date : 30.9.2016

Revision of interest rates for Small Savings Schemes

Grant of enhanced bonus to GDS and payment of revised wages of casual labourers

Date : 29.9.2016

Grant of enhanced bonus to GDS and payment of revised wages of casual labourers – agitational programmes culminating in two days nationwide strike on 9th & 10th November 2016 – Serving of notice – regarding.

Senior Citizen Schemes:

Date : 29.9.2016

Senior Citizen Schemes: Cabinet gives ex-post facto approval to Varistha Pension Bima Yojana, 2003 and Varistha Pension Bima Yojana, 2014

Press Information Bureau

Government of India

Cabinet

28-September-2016 15:00 IST

Cabinet gives ex-post facto approval to Varistha Pension Bima Yojana, 2003 and Varistha Pension Bima Yojana, 2014

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its ex-post facto approval for the Varishtha Pension Bima Yojana (VPBY) 2003 launched on 14th July, 2003 and Varistha Pension Bima Yojana (VPBY) 2014 launched on 14th August, 2014. The Cabinet also granted approval for expenditure incurred on subsidy amount released to LIC during the period of 2003-04 to 2014-15 for VPBY, 2003 and approval to incur expenditure on VPBY, 2003 and 2014 from the financial year 2015-16 onwards.

The Schemes are implemented through Life Insurance Corporation (LIC) of India, and the difference between the actual yield earned by LIC on the funds invested under the Scheme and the assured return committed by the Government is paid as subsidy to LIC.

Both are pension schemes intended to give an assured minimum pension to the Senior Citizens based on an assured minimum return on the subscription amount. The pension is envisaged until death from the date of subscription, with payback of the subscription amount on death of the subscriber to the nominee.

Both the schemes VPBY - 2003 and VPBY - 2014 are closed for future subscriptions. However, policies sold during the currency of policy are being serviced as per the commitment of guaranteed 9% return assured by the Government under the schemes. VPBY-2014 was open from 14th August, 2014 to 14th August, 2015. As on 31sl March, 2016, a total number of 3,17,991 annuitants are being benefited under VPBY 2014. Similarly, a total number of 2,84,699 annuitants are being benefited under VPBY- 2003 as on 31st March, 2016.

Payment of Productivity Linked Bonus (2015-2016) – Railway Board Order

Date : 29.9.2016

Payment of Productivity Linked Bonus (2015-2016) – Railway Board Order

Duties of Mail Overseer

Date : 29.9.2016

Duties of Mail Overseer - Verification of NREGS pass books

Employees’ Pension Scheme, 1995- Weightage of Service

Date : 28.9.2016

Benefit of two years weightage of service to the members with 20 or more years of Pensionable Service under Employees’ Pension Scheme, 1995

EPFO letter dated 20-09-2016

EMPLOYEES’ PROVIDENT FUND ORGANISATION

(Ministry of Labour & Employment, Govt. of India)

Head Office

Bhavishya Nidhi Bliawan, 14, Bhikaji Cama Place, New Delhi - 110 066.

Letter No. Pension-I/3(4)16/2/15850

Dated 20 Sep 2016

To,
All ACCs (Zonal Office)
All Regional P.F. Commissioner (In-Charge of Regions)
All Officers - In - Charge of SROs

Sub : Benefit of two years weightage of service to the members with 20 or more years of Pensionable Service under Employees’ Pension Scheme, 1995 - reg.

Sir,

This is in continuation of Head Office letter no. Pension-l/3l4)16/7915 dated 25.07.2016 on the above subject.

Through the above communication it was conveyed in the penultimate para for granting the benefit of two years weightage henceforth as well as for the cases settled, Pensionable service will include service rendered under EPS 1995 as well as erstwhile Family Pension Scheme 1971 to fulfill the condition of 20 year or more Pensionable Service.

However, various communications are being received from many pensioners for grant of two year weightage on completion of 20 years pensionable service, which are addressed to the concerned RO/SROs with the copy endorsed to Head Office.

Regarding this it is advised that in the light of above mentioned communication necessary action may please be taken to revise the pension of those pensioners who qualified for it, irrespective of the fact whether they have submitted any representation or not. In case the revision of the pension may take some more time, a suitable reply may be sent to the applicant that the matter is under process and he/she will be intimated the position after doing the needful in the said matter. PRO in the facilitation centre may also be advised to explain the matter to the pensioners approaching office with such grievance/query.

Yours faithfully,

(S.K. Thakur)

Add. Central P.F. Commissioner-I(Pension)

Cabinet approves Productivity Linked Bonus to railway employees

Date : 28.9.2016

                Press Information of Bureau
                     Government of India
                                                  Date : 28.9.2016

Cabinet approves Productivity Linked Bonus to railway employees 

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the financial year2015-16. The approval entails a financial implication of approximately Rs.2090.96 crore.

Payment of PLB would result in motivating a large number of railway employees to improve the performance of the Railways and enhance the productivity levels further besides maintaining industrial peace.

The payment of this Bonus to eligible Railway Employees will be made before Dussehra/Puja holidays. 

FNPO ,NUGDS & NFPE ,NFPE GDS AGITATION PROGRAMME ON GDS BONUS

Date : 28.9.2016

FNPO ,NUGDS & NFPE ,NFPE GDS AGITATION PROGRAMME ON GDS BONUS

Revision of inspection questionnaire for MGNREGS

Date : 28.9.2016

Revision of inspection questionnaire for MGNREGS at Branch Post Office and Sub Post Office.

Recruitment of Casual workers & persons on daily wages - DoP order.

Date : 28.9.2016

Recruitment of Casual workers & persons on daily wages - DoP order.

Latest News on GDS Bonus Ceiling

Date : 28.9.2016

Latest News on GDS Bonus Ceiling

Our Asst.General Secretary NAPE Group - C ,Sri.B.Shiva Kumar today met Secretary ,GDS Pay Committee Sri.T.Q.Mohammad in New Delhi and discussed about the enhanced Bonus of GDS.

Secretary told him that Pay Committee positively recommonded to the Directorate and assured the enhanced Bonus to GDS.

"GDS Pay Committee yesterday recommonded the  enhanced Bonus to GDS"

APOnline Downtime of Web portal and POTDs

Date : 28.9.2016

APOnline Downtime of Web portal and POTDs

As informed by AP Online, POTDs and DBT portal will not be accessible from 21.10.2016 / 0900hrs to 23.10.2016 / 0900hrs. 

Supplementary Postman exam for the LGO vacancies.

Date : 28.9.2016

Supplementary Postman exam for the LGO vacancies.

Roll out of RICT

Date : 28.9.2016

Roll out of RICT

Click Here to view the schedule of RICT roll out in A.P Circle.  In Kurnool Region, the following divisions are selected for RICT roll out.

1. Anantapur Division

2. Hindupur Division

3. Kurnool Division.

Expected month of roll out of RICT is October'2016

Enhancement of minimum service for promotion to the cadre of ASP

Date : 28.9.2016

Enhancement of minimum service for promotion to the cadre of ASP

Counting of the period of induction training for benefit of promotion under the TBOP/BCR schemes - Clarifications

Date : 28.9.2016

Counting of the period of induction training for benefit of promotion under the TBOP/BCR schemes - Clarifications

 

APPENDIX 13  - POSB VOL -IV

MISCELLANEOUS STAFF MATTERS RELATING TO S.B.C.O.,

PAIRING AND INTERNAL CHECK ORGANISATION

[D.G Posts letter No. 22-6/2000-PE.I dated 17.5.2000]

37. Regarding counting of the period of induction training for benefit of promotion under the TBOP/BCR Schemes :- The issue regarding counting of the period of induction training spent by the employees of this Department for the benefit of promotion under the TBOP/BCR schemes has been under consideration of this office for some time. After consultation with the Department of Personnel and Training, it has now been decided that the period of induction training may also be counted for the benefit of promotion under the above schemes. However, past cases decided otherwise would not be covered by the above orders. This issue with the concurrence of Integrated Finance Advice vide their Diary No. 378/FA/2000 dated 25.7.2000.

[D.G Posts letter No. 44-47/98-SPB.II dated 3.8.2000]

38. Counting of the period of induction training for benefit of promotion under the TBOP/BCR schemes-clarifications:-(1) I am directed to refer to this Department's letter of even number dated 3.8.2000 [Para 37] on the above subject. References have been received from many Circles seeking clarifications on the above orders. The matter has been examined in detail in consultation with the Integrated Finance Wing of this Department and the position is clarified as under.

(2) This issues with the concurrence of Integrated Finance Wing vide their Diary No. 320/FA/2001 dated 17.7.2001.

Points raised	Clarification
(1) What will be the date of effect of the above order,	The cases decided prior to 3.8.2000 would not be covered by the order dated 3.8.2000.
(2) Whether the departmental candidates will also get the benefit of counting of induction training period prior to their promotion as Time scale clerks for the  benefit of promotion under  benefit of promotion under  TBOP/BCR ?	DO P&T has clarified that since the period of induction training is counted for the purpose of increments and qualifying       service for departmental examination, it would also count for the purpose of promotion under the TBOP/BCR schemes. Therefore, it is clarified that the period of induction training in respect of departmental candidates would also count for the purpose of promotions under TBOP/BCR schemes provided that such training period is obligatory for the departmental candidates in respect of the cadre to which they are to be promoted and they are to be promoted immediately on completion of such induction training period and also such         training period is counted for increment in the promoted cadre.
(3) If the junior officials get               promoted earlier than the   seniors as per the orders   dated 3.8.2000, whether the   seniors can claim benefit of       promotion under the above scheme from the date of promotion of the junior officials?	As per letter No. 22-6/2000-PE.I dated 17.5.2000, officials would be promoted under the TBOP/BCR schemes only after completion of qualifying service. Therefore, the question of senior claiming benefit with reference to the juniors etc. does not arise.

NAPE Group - C, 22 nd All India Conference

Date : 27.9.2016

National Association of  Postal Emplyees Group - C 

22 nd All India Conference at Tiruvananthapuram, Kerala Circle

        From 5.2.2017 to 7.2.2017

Revision of Allowances of GDS

Date : 27.9.2016

Revision of Allowances of GDS
Postal Volume IV, 
Chapter I,Part III 

Interim review as necessiatated due to revision of norms or on account of any significant variation of workload of offices may be undertaken as and when found necessary.

The page published below.

Counting of pre- appointment training for direct recruit PA/SA for MACP's - Reg.

Date : 27.9.2016

Counting of pre- appointment training for direct recruit PA/SA for MACP's - Reg.

Nomination of Master Trainer for RICT Rollout

Date : 27.9.2016

Nomination of Master Trainer for RICT Rollout

TELANGANA POSTAL CIRCLE INAUGURATION

Date : 26.9.2016

TELANGANA POSTAL CIRCLE INAUGURATION - 

RAVINDRABHARATHI AUDITORIUM,HYDERABAD

Posting of Medical Officers to the Postal Dispensaries - order date 23.09.2016

Date : 26.9.2016

Posting of Medical Officers to the Postal Dispensaries - order date 23.09.2016

Posting of Medical Officers to the Postal Dispensaries - order date 23.09.2016

To view please Click Here.

New Pension Scheme: Advisory Fee

Date : 26.9.2016

New Pension Scheme: Advisory Fee under PFRDA (Retirement Adviser) Regulations 2016

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY

B-14/A, Chhatrapati Shivaji Bhawan,

Qutab Institutional Area,

Katwaria Sarai, New Delhi – 110 016.

PFRDA/36/R&S/RA/4

22nd September, 2016

To

All Stakeholders in the National Pension System

Subject: Introduction of “Advisory fee” under Regulation 15 of PFRDA (Retirement Adviser) Regulations, 2016.

1. This has reference to the Regulation no.15 of the PFRDA (Retirement Adviser) Regulations, 2016. Wherein the on-boarding fee of Rs.120/- and a fee of Rs.20/- per transaction or a maximum of Rs.100/- per annum, for subsequent services, have been stipulated.

2. Further to the abovementioned charges, it has been decided by the Authority that and advisory fee of 0.02% may also be charged from any existing subscriber, on their assets under management (AUM) of NPS or any other scheme regulated by PFRDA, on the date of advice, subject to a minimum of Rs.100/- and maximum Rs.1000/- per annum, for providing advice to the subscribers.

3. The scope of such advice being provided by the retirement advisers in any manner, either oral or in writing to the subscribers will be limited to asset allocation and choice of a Pension Fund Manager (PFM) for their financial assets under NPS or any other scheme regulated by PFRDA.

4. The advisory fee can be charged by Retirement Adviser (RA) only when subscriber has signed an agreement with the RA for providing advice, wherein the lower and upper limits of advisory fee, as specified by the Authority may be incorporated. No advisory fee shall be charged at the time of onboarding of the subscriber along with onboarding fee of Rs.120/-

5. The circular is being placed on PFRDA website at http://www.pfrda.org.in.

Sd/-

Ashish Kumar

General Manager

Source: www.pfrda.org.in [Click to view/download]

Post Audit of 7th Pay Commission fixation of pay/arrear claims should be completed with in 3 months

Date : 26.9.2016

Post Audit of 7th Pay Commission fixation of pay/arrear claims should be completed with in 3 months - PCA(FYS) letter regarding Government Notification of 7th Central Pay Commission Recommendations Fixation of pay and arrears

OFFICE OF THE PRINCIPAL CONTROLLER OF ACCOUNTS (FYS)

PAY TECH SECTION

10-A, S.K. BOSE ROAD, KOLKATA-700001

No. Pay/Tech-01/7thCPC I

Dated: 21/09/2016

(All Cs FA)

Subject: Government Notification of 7th Central Pay  Commission Recommendations Fixation of pay/arrears.

Ref: (i) This office circular of even No. dated 11 Aug, 2016.

Please refer to this office Part I office order No. AT/02 circulated vide No. Pay/Tech 01 /7th CPC I dated 11.08.2016 through which a copy of CGDA New Delhi No. AT/II/2701/0rders dated 10 Aug, 2016 has been forwarded for necessary action.

2. It has been stated therein to ensure completion of post audit of fixation of pay/arrear claims within 3 months and the work relating to post audit should be monitored at PCsDA/CsDA level by instituting suitable reporting system for watching the progress of work. A Monthly Report in this regard in a format prescribed therein is required to be furnished to Headquarters office so as to reach by 15th of every month. The first report showing the position as on 31.08.2016 was due to reach HQrs office by 15th Sep, 2016. Kindly confirm its timely submission to HQrs office. Also please forward a copy of the said report to this office for our record & reference.

3. Please ensure submission of the report for the subsequent months within scheduled date with a copy endorsed to this office.

4. Please acknowledge receipt.

Sd/-

Astt. Controller of Accounts (Fys)

Source : http://pcafys.gov.in

Date : 26.9.2016

Central Government has a proposal to Pay 1% DA from July 2016 as an interim Measure

Central Government has a proposal to Pay 1% DA from July 2016 as an interim Measure

The Sources Close to the Ministry of finance informed that there is proposal to Pay 1% DA from July as an interim Measure.It is said that the Central Government has not yet decided about the DA rates in Revised Pay scale.

Sources close to Finance Ministry told that the initial installment of DA to central government employees on the revised pay structure w.e.f 1.7.2016 is under consideration. Mean time there is a proposal to pay the DA from July 2016 at the rate of 1% to all CG Staffs. It will be a shocking news for CG Staff, since they are already expecting 2 to 3% DA from July 2016.

PRU is asked to submit Financial Implication of 1% DA

But the fact is the Department of Expenditure has directed the PRU of the Finance Ministry to furnish the details of additional Financial Implications for 1% increase of DA with effect from 1.7.2016 on the revised Pay Structure.

Further the Pay Research Unit has been requested to furnish financial implications for the Period of July 2016 to February 2017 on account of granting 1% DA from July 2016 to all central government employees including Armed Forces and UT Employees.

According to the above information, it is believed that announcement of 1% DA for July installment may be made any time soon.

Source : http://govtstaffnews.in/

Good News For Railwaymen

Date : 26.9.2016

Good News For Railwaymen: Centre May Announce 78-Day Wages As Bonus

Ahead of the festive season, railway employees are likely to get 78-day wages as bonus this year, the same as in the last four years despite the financial crunch.

We have demanded 78-day wages as productivity-linked bonus (PLB) for railway employee this year and expecting the government to declare the same next week,” National Federation of Indian Railwaymen General Secretary M Raghavaiah told Press Trust of India.

Productivity-linked bonus is paid to about 12 lakh railway employees each year before the Dussehra festival.

Mr Raghavaiah said the 78-day wage is expected to be around Rs. 18,000 per employee. In 2011-12, 2012-13, 2013-14 and 2014-15 also, 78-day wages were also given as PLB to railway employees.

Facing a shortfall of about Rs. 10,000 crore in the earnings due to slowdown in loadings and drop of passengers in short train journey, the railways will get the cabinet approval for the 78-day bonus proposal next week.

The bonus decision is expected to cost the railways about Rs. 2000 crore.

All-India Railwaymen’s Federation General Secretary Shiv Gopal Mishra said the bonus is expected to motivate the employees to improve the financial position of the public transporter.

Mr Mishra said, “Since the PLB ceiling has been revised to Rs. 7000 from Rs. 3500, we expect each employee will get double the amount as against the last year’s bonus.”

Last year, the minimum bonus paid was Rs. 8,975 per employee.

PLB covers all non-gazetted railway employees (excluding RPF/RPSF personnel) spread over the entire country.

Source : NDTV