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Showing posts with label Central Government Staff News. Show all posts
Showing posts with label Central Government Staff News. Show all posts

Wednesday, June 29, 2016

Recommendations of 7th Central Pay Commission approved: Main Points & Highlights

Cabinet approves Implementation of the recommendations of 7th Central Pay Commission: PIB News: - 

Main Points:

  • It will come into effect from 01.01.2016.
  • Arrears of pay and pensionary benefits will be paid during the current financial year (2016-17)
  • Minimum pay has been increased from Rs.  7000 to 18000 p.m.
  • A fitment factor of 2.57 will be applied across all Levels in the Pay Matrices
  • Gratuity ceiling enhanced from Rs.  10 to 20 lakh. 
  • The ceiling of House Building Advance enhanced from Rs.  7.50 lakh to 25 lakh
  • Cabinet decided to constitute a Committee headed by Finance Secretary for further examination of the recommendations of 7th CPC on Allowances. 
  • The Cabinet also decided to constitute two separate Committees for (i) NPS (ii) Anomalies

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