7TH CPC

GAZETTE NOTIFICATION - To examine the principles which should govern the structure of pension and other retirement benefits including revision of pension.

7TH CPC

OPERATING INSTRUCTION SEND BY CGDA FOR PAY FIXATION & IMPLEMENTATION OF SEVENTH CENTRAL PAY COMMISSION RECOMMENDATION.

CGHS

Withdrawal of temporary suspension of two HCOs (North City Hospital & Neuro Institute Pvt. Ltd and IRIS Hospital _,A unit of IRIS Health Services Ltd.) under CGHS Kolkata.

NPS

Survey of Financial literacy for Government Subscribers

• Subject: Survey to gauge the level of awareness of the Government Employees about NPS and their understanding of the impact of making investment choices.

• New Pension Scheme, now known as National Pension System (NPS) is a defined contributory pension scheme, and has been introduced for all Central Government employees joining service on or after 1st January 2004. Most of the State Governments have also notified NPS for their employees effective from the date notifications by the respective governments.
  
  Being a Government employee joining the services after the specified cut-off date, you are mandatorily covered under NPS.

• This questionnaire is aimed to know your knowledge and awareness about investments in general and NPS in particular so that the financial literacy and awareness campaigns could be designed and targeted appropriately. As part of the drive to assess the knowledge and improve financial literacy specifically relating to pension scheme, PFRDA has devised a simple questionnaire which is also available online at www.pfrda.org.in. All government employees who are subscribers of NPS are requested to answer. The response will be analyzed on aggregated basis and the result of the survey will be published on our website at www.pfrda.org.in

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NPS

PFRDA INSTRUCTION OF FINANCIAL LITERACY & AWARENESS SURVEY.

7TH CPC

O.F.B. INSTRUCTION FOR IMPLEMENTATION OF RECOMMENDATION OF THE 7TH CPC.

7TH CPC

7th CPC Annual Increment – Two Dates for Grant of Increment

Date of next increment in revised pay structure :

 

(1) There shall be two dates for grant of increment namely, 1st January and 1st July of every year, instead of existing date of 1st July:

 

Provided that an employee shall be entitled to only one annual increment either on 1st January or 1st July depending on the date of his appointment, promotion or grant of financial upgradation.

 

(2) The increment in respect of an employee appointed or promoted or granted financial upgradation including upgradation under Modified Assured Career Progression Scheme (MACPS) during the period between the 2nd day of January and 1st day of July (both inclusive) shall be granted on 1st day of January and the increment in respect of an employee appointed or promoted or granted financial upgradation including upgradation under MACPS during the period between the 2nd day of July and 1st day of January (both inclusive) shall be granted on 1st day of July.

 

Illustration: (a) In case of an employee appointed or promoted in the normal hierarchy or under MACPS during the period between the 2nd day of July, 2016 and the 1st day of January, 2017, the first increment shall accrue on the 1st day of July, 2017 and thereafter it shall accrue after one year on annual basis.

 

(b) In case of an employee appointed or promoted in the normal hierarchy or under MACPS during the period between 2nd day of January, 2016 and 1st day of July, 2016, who did not draw any increment on 1st day of July, 2016, the next increment shall accrue on 1st day of January, 2017 and thereafter it shall accrue after one year on annual basis:

 

Provided that in the case of employees whose pay in the revised pay structure has been fixed as on 1st day of January, the next increment in the Level in which the pay was so fixed as on 1st day of January, 2016 shall accrue on 1st day of July, 2016:

 

Provided further that the next increment after drawal of increment on 1st day of July, 2016 shall accrue on 1st day of July, 2017.

 

(3) Where two existing Grades in hierarchy are merged and the junior Government servant in the lower Grade happens to draw more pay in the corresponding Level in the revised pay structure than the pay of the senior Government servant, the pay of the senior government servant shall be stepped up to that of his junior from the same date and he shall draw next increment in accordance with this rule.

 

There shall be two dates for grant of increment namely, 1st January and 1st July of every year, instead of existing date of 1st July; provided that an employee shall be entitled to only one annual increment on either one of these two dates depending on the date of appointment, promotion or grant of financial up-gradation.

II. Annual Increments:

Sl.No	Recommendation of the Seventh Central Pay Commission	Decision of the Government
1	The manner of drawal of annual increment to be as laid down in Para 5.1.53 of the Report.	Accepted