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സ്ത്രീകള് എങ്ങിനെ വസ്ത്രം ധരിക്കണം എന്ന് പുരുഷന് നിഷ്ക്കര്ഷിക്കുന്നത് ശരിയോ? അല്ലെങ്കില് തിരിച്ചും?
Showing posts with label Employees News. Show all posts
Showing posts with label Employees News. Show all posts
Thursday, January 15, 2015
Hand Book, 2015 published by AIPEU, Group-C, CHQ
Dear Comrades,
You will be happy to know that the Hand
Book, 2015 published our CHQ contains this time the memorandum submitted
to 7th CPC both by Confederation on common issues and by AIPEU,
Group-C, CHQ on P-III issues. Being a compilation of 272 pages , it
costs only Rs.90/- excluding postage.
This is an exclusive edition and valuable companion . Therefore all the
comrades are requested kindly to have one copy each with them.
Interested comrades are requested to contact your Divisional Secretary / Circle Secretary
Sunday, December 21, 2014
Alteration of date of birth of a Government Servant — reiteration of the instructions.
DoPT Order: Alteration of date of birth of a Government
Servant — reiteration of the instructions.
F.No.19017/1/2014-Estt
(A-IV)
Government
of India
Ministry
of Personnel, Public Grievances and Pensions
Department
of Personnel and Training
North
Block, New Delhi-110 001
Dated
: 16th December, 2014
OFFICE
MEMORANDUM
Subject
: Alteration of date of birth of a Government Servant — reiteration of the
instructions.
Rule
56 of Fundamental Rules states that except as otherwise provided in the rule,
every Government servant will retire from service on the afternoon of the last
day of the month in which he attains the age of sixty years.
Provided
that a Government servant whose date of birth is the first of a month shall
retire from service on the afternoon of the last day of the preceding month on
attaining the age of sixty years.
2.
As per Note 6 below the aforesaid Rule, the date of on which a Government
servant attains the age of fifty-eight years or sixty years, as the case may
be, shall be determined with reference to the date of birth declared by the
Government servant at the time of appointment and accepted by the Appropriate
Authority on production, as far as possible, of confirmatory documentary
evidence such as High School or Higher Secondary or Secondary School
Certificate or extracts from Birth Register. The date of birth so declared by
the Government servant and accepted by the Appropriate Authority shall not be
subject to any alteration except as specified in this note. An alteration of
date of birth of a Government servant can be made, with the sanction of a
Ministry or Department of the Central Government, or the Comptroller and
Auditor-General in regard to persons serving in the Indian Audit and Accounts
Department, or an Administrator of a Union Territory under which the Government
servant is serving, if —
(a)
a request in this regard is made within five years of his entry into Government
service;
(b)
it is clearly established that a genuine bona fide mistake has occurred; and
(c)
the date of birth so altered would not make him ineligible to appear in any
School or University of Union Public Service Commission examination in which he
had appeared, or for entry into Government service on the date on which he
first appeared at such examination or on the date on which he entered
Government service.
3.
The Supreme Court of India in Civil Appeal No.502 of 1993 — Union of India Vs.
Harnam Singh — Judgement dated 9th February, 1993 had observed that :
"Inordinate
and unexplained delay or laches on the part of the respondent to seek the
necessary correction would in any case have justified the refusal of relief to
him. His inaction for all this period of about thirty five years from the date
of joining service, therefore precludes him from showing that the entry of his
date of birth in service record was not correct".
The
observations of the Apex Court was also circulated to all Ministries and
Departments of the Government of India vide OM No.19017/2/92-Estt.(A) dated
19-5-1993.
4.
All the Ministries and Departments are requested to keep the above in view
while processing cases of requests for changes of date of birth.
5. Hindi version follows.
sd/-
(B.Bandyopadhyay)
Under
Secretary to the Government of India
Source: www.persmin.nic.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02est/19017_1_2014-Estt.A-IV-16122014.pdf]
Government decides to pay 8.75% interest on PF for 2014-2015
Government decides to pay 8.75% interest on PF for 2014-2015
Over five crore provident fund
subscribers governed by the EPFO will get 8.75 per cent interest on
their deposits for the current fiscal.
The Finance Ministry has ratified the rate for 2014-15, after a decision
was taken to retain the interest payout at this level by the Central
Board of Trustees of the Employees'Provident Fund Organisation, sources
said.
As per the practice, EPFO trustees' decision gets implemented after the concurrence of the Finance Ministry.
Following the ratification by the Finance Ministry, the decision would
now be notified by the Labour Ministry as also by the Income Tax
Department.
Wednesday, December 17, 2014
RETIREMENT AND PENSION ?
RETIREMENT AND PENSION ?
The
news in Financial Express : Reducing the retirement age would be really worrying to
aging central government employees if it is true. One of the leading financial
daily in India has in its website reported that Central Government is
considering a proposal that aims to reduce retirement of age of central
government employees from 60 years to 58 years.
Central
Government Employees have seen the increase in retirement age from 55 to 58 in
the year 1962 and from 58 years to 60 years in the year 1998, but reduction of
retirement age has no precedence .Though it is practically possible to show the
employees the door, who are between 58 years to 60 years and who are nearing 58
years, such employees would be much affected emotionally apart from financial loss.
Text of Financial Express’s
report is as follows.
In a
move that would help curb the relentless increase in the Centre’s non-Plan
spending and ease the way for infusion of more young blood and professionalism
into the country’s largely moribund bureaucracy, the Narendra Modi government
is planning to reduce the retirement age of central government employees from
the present 60 to 58.
The
move that comes at a time when the Seventh Pay Commission is mulling another
sharp boost to the pay structure of the Centre’s 5-million-strong workforce is
also aimed at creating the requisite space for lateral entry of technically
qualified professionals into the government, official sources told to Financial
Express.
The
retirement age was last revised in 1998, when the then NDA government led by
Atal Bihari Vajpayee raised it from 58 to 60 years. The last UPA government had
reportedly considered enhancing the retirement age further to 62 just before
the general elections, but dropped the move.
The
superannuation age was increased from 55 to 58 way back in 1962.
The
total wage and salaries bill of the central government, excluding PSUs but
including the railways, rose sharply between 2008 and 2010 due to the revised
pay scales (along with payment of arrears) implemented as per the Sixth Pay
Commission’s proposals.
The
wage bill rose from Rs 1.09 lakh crore in 2007-08 to Rs 1.4 lakh crore in
2008-09, and further to Rs 1.7 lakh crore in 2009-10, before the growth
moderated to Rs 1.84 lakh crore in 2010-11. The government spent Rs 2.54 lakh
crore in wages and salaries in 2013-14. The railways (with 1.4 million
employees), defence (civil), home affairs, India Post and revenue account for
more than 80% of the total spending of the Centre on pays and allowances.
According
to Madan Sabnavis, chief economist at CARE Ratings, reducing the retirement age
will give the government an opportunity to outsource more jobs, including by
bringing in people as temporary consultants, who will then have to be paid only
a fixed salary but not pension or provident fund. Their salary component will
then show up as administrative costs, rather than as wage bill
The
finance ministry is weighing the pros and cons of the proposal to cut the
retirement age. The move, sources said, is also in line with the BJP’s
manifesto, which had promised to rationalise and converge ministries,
departments and other arms of the government, open up government to draw
expertise from industry, academia and society and tap the services of the youth
in particular to contribute to governance.
The
Madan Sabnavis report is focusing only on the economy of the country and not
considering the employees welfare and their mental health on sudden retirement.
Psychiatric morbidity is an important issue for all retirees. The younger
people who retire are at greater risk of psychiatric morbidity.(Retirement and
mental health by Dr Farooq Khan MD) For the past two decays the Central
Government employees having in mind that the retirement age is 60. Sudden
reduction of retirement age will give a risk of psychiatric morbidity.
According
to census 2011 the life expectancy is 66.7 years and showing a increase of 4
years than that of earlier census. Life expectancy is the most important
demographic indicator because it is linked to the adequacy of the retirement
age. The life expectancy now is more than that of earlier period the retirement
age should also be more.
In
the report on extending coverage of NPS in India prepared by Simone Stelten,
Hertie School of Governance recommending the following .
As
a result of the Demograhic transition there is a rising demand for oldage
security, particularly of women. The choice for an internationall used
retirement age of 60 years of age would be reasonable considering the raidly
raising life expectancy.
The
retirement ages in some of the countries.
§ Austria - 65
§ Belgium - 65
§ Denmark - 65
§ France - 65
(extending from 62 to 67 years over an 8-year period)
§ Germany - 67
§ Greece - 65
§ Italy - 60
§ Netherlands -
65 (67 for women)
§ Norway - 67
§ Spain - 65
(increasing over the coming years to 67)
§ Sweden - 65
§ Switzerland -
65 (64 for women)
§ United
Kingdom - 68
§ United States
- 67
The various studies reveal that the projected rate of
retiree is nearly than 3% every year. If the retirement age becomes 58 the rate
of retiree will be more than 10% and it is a great burden to the Government. The
Government should provide some period to prepare mentally to retire before the
age of 60 years which was in the mind of the all employees.
Lastly , if Government wishes to reduce the age of
retirement to 58 it is better to get the opinion of the employees by voting this scheme by online.
Another,
an unconfirmed socking news that the
Central Government wishes to stop the Pension to all the employees of the
central government which covers 56
percent of GDP and it will grow 100 percent in another 25 years as the life
expectancy is growing rapidly.
Notwithstanding the limited size and scope,
India has a long tradition of pension and other forms of formal old age income
support system. The history of the Indian pension system dates back to the
colonial period of British-India. The Royal Commission on Civil Establishments,
in 1881, first awarded pension benefits to the government employees. The
Government of India Acts of 1919 and 1935 made further provisions. These
schemes were later consolidated and expanded to provide retirement benefits to
the entire public sector working population. Post independence, several
provident funds were set up to extend coverage among the private sector workers
Table-6 :
Projection of Pension Payment to Central Government Employees (Civil)
|
||||||||
(at 6% annual rate of
inflation)
|
(Rs.Crores)
|
|||||||
Years
|
Basic
pension+DR
|
Commutation
of
Pension
|
Retirement Gratuity |
Death
Gratuity
|
Restored
Commtn
|
PENSION
BILL
|
||
Service
|
SOFP
|
FFP
|
||||||
1999-2000*
|
1546
|
248
|
225
|
312
|
472
|
174
|
275
|
3250
|
2000-01
|
1677
|
267
|
242
|
346
|
546
|
129
|
283
|
3488
|
2001-02
|
1861
|
291
|
264
|
346
|
578
|
137
|
290
|
3767
|
2002-03
|
2049
|
318
|
287
|
346
|
613
|
145
|
298
|
4056
|
2003-04
|
2242
|
346
|
311
|
346
|
650
|
153
|
306
|
4355
|
2004-05
|
2457
|
378
|
339
|
346
|
689
|
163
|
313
|
4684
|
2005-06
|
2695
|
412
|
366
|
346
|
730
|
172
|
320
|
5041
|
2006-07
|
2936
|
449
|
393
|
346
|
774
|
183
|
328
|
5409
|
2007-08
|
3219
|
489
|
426
|
346
|
821
|
194
|
339
|
5833
|
2008-09
|
3489
|
533
|
461
|
346
|
870
|
205
|
346
|
6249
|
2009-10
|
3818
|
580
|
499
|
346
|
922
|
218
|
352
|
6734
|
CAGR
|
9.5%
|
8.9%
|
8.3%
|
6.9%
|
2.3%
|
2.5%
|
7.6%
|
The 2009–10
budget estimated a total outflow of Rs.484 billion (approximately US$10 billion
or 1% of GDP) on pensions and retirement benefits of central government employees
(GoI 2009b). State government expenditure on pensions stood at Rs.1003.5 billion3
(approximately US$22.5 billion) in 2009–10 (RBI 2010). The outflows are expected
to rise as the cohort of hires between the 1970s and 1990s retires. Bhardwaj and
Dave (2005) estimated that the implicit pension debt on account of the civil
service pension worked out to roughly 56 percent of GDP, It was therefore felt that the
country was spending a disproportionate amount of money on a small set of the
population, which was relatively better off to begin with.
Improvement in life expectancy and decline
in fertility rate are leading to a significant change in the population age
structure. The old age population (aged 60 years or more) has risen from about
19.8 million in 1951 to 56.7 million in 1991, resulting in an increase of the proportion
of the elderly in the total population from 5.5 to 6.9 percent. According to
the World Bank (1994a) estimates, the percentage of old people is expected to
rise further to 10.3% by 2020. In absolute terms, the number of elderly
citizens is anticipated to nearly double between 1996 and 2016, from 62.3
million to 112.9 million. Hence the liabilities under pension will increase
enormousely.
There has been a fourfold increase in the
number of pensioners from 0.27 million in 1984 to 1.05 million in 1999-2000. As
a result, pension payment by the Indian Railways has increased 50-fold from
Rs.1060 million in 1980-81 to Rs. 53120 million in 1999-2000.
It is suggested to give a lumpsum
amount(Golden Hand Shake) to the retiree at the age of 58 as calculated below.
v
A three times of cent percent commutation
pension
v
Usual DCRG
v
Usual leave encashment
v
No pension either to employee or his/her
family
v
The DCRG & Leave encashment to be paid
in cash at the time of retirement.
v
An example is given in Table A
Here an employee drawing Rs 20000/=
(PAY+GP) and retiring at the age of 58 on 01/2015 is taken. If,he is getting a
pension of Rs10000/= p.m and getting
pension for a period of 20 years to the tune of Rs7285010/= including 40% of
commutation with an average of pension of Rs 344000/=.
The amount so calculated above (Golden Hand
Shake) will come to the tune of Rs30,00,000/=
Table A
PAY
|
15800
|
||||
G.P
|
4200
|
||||
DA
|
20546
|
||||
TOTAL
|
40546
|
||||
PENSION
|
10000
|
||||
DCRG 161/2
|
669010
|
||||
Commutation 100%
|
1013520
|
X3 times
|
3040560
|
||
Total
|
1682530
|
say 17 lakhs
|
|||
Pension
|
10000
|
113
|
|||
Commutation 40%
|
405408
|
Annual Amount
|
|||
1.1.2015
|
6000
|
11300
|
17300
|
207600
|
|
1.1.2016
|
6000
|
12300
|
18300
|
219600
|
|
1.1.2017
|
6000
|
13300
|
19300
|
231600
|
|
1.1.2018
|
6000
|
14300
|
20300
|
243600
|
|
1.1.2019
|
6000
|
15300
|
21300
|
255600
|
|
1.1.2020
|
6000
|
16300
|
22300
|
267600
|
|
1.1.2021
|
6000
|
17300
|
23300
|
279600
|
|
1.1.2022
|
6000
|
18300
|
24300
|
291600
|
|
1.1.2023
|
6000
|
19300
|
25300
|
303600
|
|
1.1.2024
|
6000
|
20300
|
26300
|
315600
|
|
1.1.2025
|
6000
|
21300
|
27300
|
327600
|
|
1.1.2026
|
6000
|
22300
|
28300
|
339600
|
|
1.1.2027
|
6000
|
23300
|
29300
|
351600
|
|
1.1.2028
|
6000
|
24300
|
30300
|
363600
|
|
1.1.2029
|
6000
|
25300
|
31300
|
375600
|
|
1.1.2030
|
6000
|
26300
|
32300
|
387600
|
|
1.1.2031
|
6000
|
27300
|
33300
|
399600
|
|
1.1.2032
|
6000
|
28300
|
34300
|
411600
|
|
1.1.2033
|
6000
|
29300
|
35300
|
423600
|
|
1.1.2034
|
6000
|
30300
|
36300
|
435600
|
|
1.1.2035
|
6000
|
31300
|
37300
|
447600
|
|
6879600
|
|||||
40% Commutation
|
405410
|
||||
7285010
|
The amount so calculated will earn interest
less than the pension he will get under pension rules 1972. it is shown in
Table B with a formula of 21.6p.cf/100 where p= original pension cf
=commutation factor with proportion of number of years completed.
The amount on Golden Hand shake will be
deposited in Postal Bank (there is a proposal ) for a period of 10 years in the
name of the retiree.
It will create more fund for the bank and
it will be utilized for loan purpose and will earn more interest than provided
for deposit.
Table B
SCSS
|
3000000
|
Interest
|
279250
|
20Yrs
|
5585000
|
For existing pensioner also we can use the
same formula (21.6p.cf/100)
It is calculated on the 60% of the
remaining commutation of pension with a commutation factor 8.194 as retired in
60years of age.
Pension
|
10000
|
|||
Commuted
Pension
|
4000
|
|||
Factor
|
8.194
|
|||
1769904
|
||||
Year
Completed
|
||||
1
|
1681410
|
|||
2
|
1592920
|
|||
3
|
1504420
|
|||
4
|
1415930
|
|||
5
|
1327430
|
|||
6
|
1238940
|
|||
7
|
1150440
|
|||
8
|
1061950
|
|||
9
|
973450
|
|||
10
|
884960
|
|||
11
|
796460
|
|||
12
|
707970
|
|||
13
|
619470
|
|||
14
|
530980
|
|||
15
|
442480
|
|||
16
|
353990
|
|||
17
|
265490
|
|||
18
|
177000
|
|||
19
|
88500
|
|||
20
|
0
|
By O.MADHAVARAJ
ACCOUNTS
OFFICER
O/o
THE GENERAL MANAGER(POSTAL ACCOUNTS AND FINANCE)
WEST
BENGAL CIRCLE, KOLKOTA 700012
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