• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Home
  • DOPT ORDERS 2020
  • FinMin Orders 2020
  • Railway Orders 2020
  • Contact Us

7th Pay Commission Latest news

Central Government Employees News

  • DOPPW Orders
  • 7th Pay Commission
  • Dearness Allowance
  • Dearness Relief
  • CSD Price List
  • Defence
    • Defence Pension
You are here: Home / 7th Pay Commission / 7th Pay Commission Arrears to be paid in one installment with salary in August

Trending
FINMIN Order : Dearness Allowance to Central Government employees from Jan 2022 “hot”
AICPIN for the month of March 2022 “hot”
GPF Interest Rate from April 2022 to June 2022 “hot”
Small Savings Schemes Interest Rate from April 2022 to June 2022 “hot”

7th Pay Commission Arrears to be paid in one installment with salary in August

July 29, 2016 pcadmin Leave a Comment

7th Pay Commission Arrears to be paid in one installment with salary in August

In what could bring cheers to lakhs of central government employees and pensioners, the Ministry of Finance on Friday said that arrears shall be paid in cash in one installment along with the payment of salary for the month of August, 2016, as per the 7th Pay Commission recommendation.

Ministry of Finance issued instructions for the implementation of recommendations of 7th CPC – fixation of pay and payment of arrears.

The ministry has tweeted:

Ministry of Finance issues instructions for the implementation of recommendations of 7th CPC – fixation of pay and payment of arrears

The Finance Ministry also said that the revised pay structure effective from January 1, 2016, would include the Dearness Allowance of 125 per cent provided in the pre-revised pay structure. The rate of the first installment of DA under revised pay will be announced later.

“The arrears as accruing on account of revised pay consequent upon fixation of pay under CCS (RP) Rules, 2016 with effect from January 1, 2016, shall be paid in cash in one installment along with the payment of salary for the month of August, 2016, after making necessary adjustment on account of GPF and NPS, as applicable, in view of the revised pay,” a finance ministry statement said.

To expedite disbursement of arrears, it is decided that arrear claims may be paid without pre-check of fixation of pay in revised scales of pay, the ministry said in a circular.

However, facilities to disburse arrears without pre-check of fixation of pay won’t be available for Govt servants who have relinquished service on account of dismissal, resignation, discharge, retirement etc after date of implementation of Pay Commission’s recommendations.

After taking into account the DA at prevailing rate (125 percent of basic pay), the salary/pension of all government employees/pensioners will be raised by at least 14.29 percent as on 01.01.2016. The entry-level pay has been recommended to be raised to Rs 18,000 per month, from the current Rs 7,000, while the maximum pay, drawn by the Cabinet Secretary, has been fixed at Rs 2.5 lakh per month from the current Rs 90,000.

As far as starting salary of a freshly recruited Class I officer is concerned, it will be Rs 56,100 per month. Chiefs of regulatory bodies including SEBI and TRAI will now get a consolidated pay package of Rs 4.5 lakh per month, while their full-time members will get Rs 4 lakh each.

Rate of increment has been retained at 3 percent. This will benefit the employees in future on account of higher basic pay as the annual increments that they earn in future will be 2.57 times than at present.

The recommendation of “withholding of annual increments in the case of those employees who are not able to meet the benchmark either for MACP or a regular promotion within the first 20 years of their service” has been “accepted”, the notification said. The benchmark for performance appraisal for promotion and financial upgradation has also been enhanced to “very good” from “good” level.

Accepting the Pay Commission recommendation of maintaining existing formula and methodology for calculating Dearness Allowance, the government notification said, “The reference base for calculation of Dearness Allowance after coming into force of the revised Pay structure shall undergo change accordingly and will be linked to the average index as on January 1, 2016.”

Zee News

Filed Under: 7th Pay Commission, 7th Pay Commission Arrears

Also Read

AICPIN for the month of May 2022

AICPIN for the month of May 2022

June 30, 2022 By pcadmin Leave a Comment

AICPIN for the month of May 2022 The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the … [Read More...] about AICPIN for the month of May 2022

Small Savings Schemes Interest rates from July 2022 to September 2022

Small Savings Schemes Interest rates from July 2022 to September 2022

June 30, 2022 By pcadmin Leave a Comment

Small Savings Schemes Interest rates from July 2022 to September 2022 F.No.1/4/2019-NS Government of IndiaMinistry of FinanceDepartment of Economic Affairs (Budget Division) North Block, New DelhiDated: 30.06.2022 OFFICE MEMORANDUM Subject: Revision of interest rates for Small Savings … [Read More...] about Small Savings Schemes Interest rates from July 2022 to September 2022

Revision of weightage with reference to age for all Voluntary Retired Persons

Revision of weightage with reference to age for all Voluntary Retired Persons – TN G.O

June 29, 2022 By pcadmin Leave a Comment

Revision of weightage with reference to age for all Voluntary Retired Persons - TN G.O ABSTRACT Fundamental Rules - Rule 56(3)(d) - Revision of weightage with reference to age for all the Government servants other than the Government servants in the Tamil Nadu Basic Service — Amendment - … [Read More...] about Revision of weightage with reference to age for all Voluntary Retired Persons – TN G.O

Pensioners Awareness Program by DOPPW conducted at Puducherry

Pensioners Awareness Program by DOPPW conducted at Puducherry

June 29, 2022 By pcadmin Leave a Comment

Pensioners Awareness Program by Department of Pension & Pensioners’ Welfare conducted at Puducherry Department of Pension and Pensioners’ Welfare (DoP&PW) today conducted Pensioners’ Awareness Program at Puducherry. This is the first physical program post pandemic covering the Southern … [Read More...] about Pensioners Awareness Program by DOPPW conducted at Puducherry

Delay in commencement of family pension and Ease of living for Pensioners/family pensioners

Delay in commencement of family pension and Ease of living for Pensioners/family pensioners: DOPPW

June 28, 2022 By pcadmin Leave a Comment

Delay in commencement of family pension and Ease of living for Pensioners/family pensioners: DOPPW 1(52)/2022-पी एंड पी डब्‍लू(ई)कार्मिक, लोक श‍िकायत तथा पेंशन मंत्रालयपेंशन और पेंशनभोगी कल्‍याण विभाग(डेस्‍क-ई) तीसरा तल, लोक नायक भवनखान मार्केट, नई दिल्‍ली-110003दिनांक 14 जून, 2022 सेवा … [Read More...] about Delay in commencement of family pension and Ease of living for Pensioners/family pensioners: DOPPW

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

All About Pension

All about Pension

Latest DOPT Orders

Central Government Offices Holiday List 2023: DOPT ORDER

Inclusion of sports disciplines for recruitment of meritorious sports persons to any post in Group ‘C’ – DOPT

Paid Holiday: Bye election to three (3) Parliamentary Constituencies and seven (7) Assembly Constituencies of various States on 23.06.2022

Career progression for MTS staff in Central Secretariat Ministries/Departments

Status of Cadre Review proposals as on 02nd June, 2022

Latest Finmin Orders

Travelling Allowance on transfer to/from North-Eastern Region, Union Territories of Andaman & Nicobar, Lakshadweep Islands and Ladakh

CGEGIS 1980 – Table of Benefits from April to June 2022

FINMIN Order : Dearness Allowance to Central Government employees  from Jan 2022

Modification of instructions regarding Air Travel on Government account. – FINMIN

CGEGIS Table of Benefits from Jan 2022 to March 2022

Latest Railway Orders

Grant of Leave to Probationary officers: Railway Board

Productivity Linked Bonus to all eligible non-gazetted Railway employees for 2020-2021

Cabinet approves Productivity Linked Bonus to Railway Employees for the year 2020-21

Change of Base Year of Consumer Price Index of Industrial Workers – Railway Order

Advance payment of salary on account of Onam festival.

Categories

Copyright © 2022