Showing posts with label Pay Commission report. Show all posts
Showing posts with label Pay Commission report. Show all posts

Thursday, March 27, 2008

Sixth Pay Commission Pensioners retires after 2006 gets more benefit

Sixth Pay Commission

Sixth Pay Commission recommended a 40 per cent increase in pension and family pension, after subsuming following oilicy will govern defence pensions."the increase on account of merger of Dearness Relief %u2014 equal to 50 per cent of pension as Dearness Pay effective April 1, 2004. This would result in an additional outgo of Rs. 1,365 crore for 2008-09"originally the 5th pay commision agreed to the parity in pensions of equal rank - one rank - one pension.now a pensioner who retires now shall get less than one retiring now onwards.there is almost double increase in various military allowances. these will be taken in to account besides performance increment/bonus. finally the existing pensioner will be a looser.it will result in a capt drawing more pension than a brigadier.

Regarding gratuity, the Commission wanted that the ceiling of maximum Rs 3.5 lakh be raised to Rs 10 lakh to help all employees get full benefit of gratuity.

The Commission, headed by Justice B N Srikrishna, proposed that people will get additional 20 per cent of basic pension on attaining the age of 80 years, which will subsequently be raised with the increase in age.

Those who retired prior to January 2006 will get only a 15 per cent hike.
While after this date 40 % hike.
To know more

Gazetted Holiday reduced to 3 from 14, while restricted holiday increase. There is inclusion of grade pay, HRA increase, but about performance nothing to say. Pay annually increase by 2.5 %, while for performer increase by 3.5 %.

Good For
SENIOR CITIZENS - Increasse in pension by age factor.
CUT IN EXCESSIVE HOLIDAYS
LONGER MATERNITY LEAVE - Good for WOMEN
BIAS TOWARDS SENIOR OFFICERS, SAY EMPLOYEE UNIONS - Senior Officer Gets more benefits

IT People say government should reduce staff by being computer savvy and equipped with electronic gadzets, reduce corruption and provide satisfactory service. IT is boon for India but government lacking this skill. Even higher authorites eduactional qualification, learning aptitude doesn't match to optimize the IT potential.
BOGUS
IT people work as a contractual labour, having qualification related to IT but there seniors Non IT, filled position on deputation for IT people by Non IT people. Great Joke.