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Monday, August 08, 2016

MACP II Fixation - Which option is best for you ?.

MACP II Fixation - Which option is best for you ?.



MACP II promotion after 25/07/2016 - ( ie.  After 7th Pay Commission Notification date)


Mr. Abi ,  Date of Appointment 22/07/1996

MACP II Due date : 22/07/2016   ( approximate Strike  period 15 days )

Expected date of MACP II  = 05/08/2016
01/01/2016
01/07/2016
 13950+2800 = 16750
14460+2800= 17260
Since the upgradation is after 25/07/2016 ( ie. 7th Pay Commission Notification) the option to switch over on due date of upgradation is not applicable.
Retaining the old pay to Date of Next Increment
Retaining the old pay to subsequent increment on 01/07/2017 is an another option
Pay  as on 01/01/2016 : 13950+2800= 16750
No option from 01/07/2016
Option to switch over revised pay  on DNI  01/07/2016
Option on subsequent Increment after  D.O.V  on 01/07/2017
As on 01/01/2016
16750 x 2.57 = 43047.50
Level  - 5 in Pay Matrix
As on 01/01/2016 Rs. 44100
As on  01/07/2016 Rs. 45400
As on 01/01/2016
Pay 13950+2800= 16750
As on 01/07/2016
Pay 14460+2800= 17260
Switch over
17260  x 2.57 = 44358
Level  - 5 in Pay Matrix
 Rs. 45400
As on 01/01/2016
Pay 13950+2800= 16750
As on 01/07/2016
Pay 14460+2800= 17260
Upgradation on 05/08/2016
Notional Increment  -> Rs.46800
Level  - 6 in Pay Matrix
Rs. 47600
DNI  = 01/07/2017 
Total Pay Rs. 49000
Upgradation on 05/08/2016
Notional Increment  -> Rs. 46800
Level  - 6 in Pay Matrix
Rs. 47600
DNI  = 01/07/2017 
Total Pay Rs. 49000
Upgradation  on 05.08.2016
14980+420 = Rs 19180
As on 01/07/2017
Increment
15560+460 = Rs. 19760
Switch over  -> 01/07/2017
19760  x 2.57 = 50783
Level  - 6 in Pay Matrix
 Rs. 52000
Excess Rs. 3000 per month
The difference of pay for getting hike Rs. 3000 in Basic pay w.e.f 01/07/2017 on opting revised pay on subsequent increment FROM 01/01/2016 to 30/06/2017
No option on 01/01/2016
Option on subsequent i.e on 01/07/2017
(01/01/2016 to 30/06/2016 )
44100 x 6 months =  Rs. 2,64,600
(01/01/2016 to 30/06/2016 )
16750 x 225 x 6 = Rs, 2, 26, 125
01/07/2016 to 31/12/2016
Expected  DA  2% ,say
45400 x 102 x 6 = Rs. 2, 77, 848
(01/07/2016 to 04/08/2016 )
Expected  DA  7%, say
17620  x 232 x 35 days/ 31  = Rs. 45,210
(05/08/2016 to 31/08/2016 )
19180  x 232 x 27 days/ 31  = Rs. 38,755
(01/09/2016 to 31/12/2016 )
19180  x 232 x 4 months  = Rs. 1, 77, 990
01/01/2017 to 30/06/2017
Expected  DA  5%
45400 x 105 x 6 = Rs. 2, 80, 020
 Total : Rs. 8, 22, 468
(01/09/2016 to 31/12/2016 )
Expected  DA  5%
19180  x 232 x 5 months  = Rs. 2,27, 283
Total Rs. 7,15,363
Source :  http://sapost.blogspot.in/

Difference Rs, 1,07,105- pay is to be forgone by retaining old pay to get hike of Rs. 3,000 w.e.f from 01/07/2017 . The HRA and TP if increased will also to be compromised.

Suggestion from SAPOST : But the increase of basic pay to the tune of 2900/- will fetch you all the loss incurred in long run and on recurring basis


Thanks to Shri. Saravanan.
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