DA is waiting for Cabinet Approval...!

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of June, 2009


increased by 2 points and stood at 153 (one hundred and fiftythree).



Calculation upto June only


DA will be increased from 22 to 27 per cent


Hike will be applicable from 1.7.2009

Month	Year	Base Year 2001=100	Total	Average	App. DA	DA
May	2008	139	1613	--	--	--
June	2008	140	1623	135.25	16.84	16
July	2008	143	1634	--	--	--
August	2008	145	1646	--	--	--
Sep	2008	146	1659	--	--	--
Oct	2008	148	1673	--	--	--
Nov	2008	148	1687	--	--	--
Dec	2008	147	1700	141.67	22.38	22
Jan	2009	148	1714	--	--	--
Feb	2009	148	1727	--	--	--
Mar	2009	148	1738	--	--	--
Apr	2009	150	1750	--	--	--
May	2009	151	1762	--	--	--
June	2009	153	1775	147.92	27.78	27

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of July, 2009


increased by 7 points and stood at 160 (one hundred and sixty).

Biometric Attendance Control System installed in Home Ministry

As a systems improvement initiative, a Biometric Attendance Control System has been installed in Ministry of Home Affairs (MHA). The Web-based system consists of 15 machines installed at various gates in three buildings where offices of MHA are housed, namely – North Block, Jaisalmer House and Lok Nayak Bhawan.

The system was inaugurated by the Union Home Minister Shri P.Chidambaram here this morning and became operational immediately thereafter. Under this system, all officers/officials of the Ministry will be registering their arrivals in the morning and departure for the day.

Clarification regarding Biometric Attendance Control System introduced in Home Ministry


Some queries have been raised in various quarters regarding the Biometric Attendance Control system installed in the Ministry of Home Affairs. These are clarified as below:



A working day consists of 8 hours ( 9 a.m. to 5.30 p.m with half an hour lunch break in MHA) and all officers/officials are expected to work for this minimum period. The purpose of introducing the system is to regulate this aspect, i.e. 8 hours of work in a day and 40 hours in a week. It is noted that some persons may get delayed due to transport/traffic problem or some other reasons. Such late arrivals within a reasonable period of 15-25 minutes will be acceptable subject to their adjusting their working hours upto 8 hours by delayed departure.

PFRDA sees ally in post offices to offer NPS services

Post offices will soon offer services under the new pension system as the department of posts is set to sign an agreement with the Pension Fund Regulatory and Development Authority (PFRDA) in this regard. Initially, the services will be available only in computerised post offices, an official in the ministry of communications & IT said.



After the agreement, the postal department will act as an agency to enrol NPS customers, the official said requesting anonymity. Technically known as ‘points of presence’ (PoPs), these agencies serve as contact and collection centres where pension contributions are collected under the NPS scheme. There are 21 PoPs providing NPS services including banks such as State Bank of India, Axis Bank, ICICI Bank, Oriental Bank of Union Bank of India.



The pension regulator is now convinced that some of the post offices have the IT infrastructure to serve the scheme.



Earlier, the watchdog had expressed doubt due to the poor IT penetration in the postal system, post offices may not be able to provide NPS services. “But around 3,000 post offices were found to be fully equipped,” the official said. The official didn’t specify the time frame within which the agreement will be signed. The PFRDA
opened up the new pension system to all citizens from May 1, 2009. It is compulsory for all government employees joining service on or after January 1, 2004.



Under the new pension system, instead of agents selling the scheme, the regulator has banks and other financial institutions as points of presence, where an account could be opened. As a result, the marketing cost of the pension plan remains low and the fees applicable are disclosed upfront. The scheme offers a social security net for workers in the unorganised sector too.



The regulator is now in talks with the government to bear the transaction cost for the unorganised sector, which would make the scheme even more attractive.

Source: The Economic Times

UGC draws up scheme to address faculty shortage

The University Grants Commission (UGC) has decided to tap all available resources to address the problem of faculty shortage and upgrade the skills of college/university teachers as the country seeks to expand higher education facilities.



Since faculty shortage cannot be addressed overnight, the UGC has drawn up a scheme to involve academics from outside the university system to enhance faculty resources of universities, particularly at the post-graduate and research levels.



In particular, the UGC is eyeing research organisations, research and development units of Central and State public-sector undertakings and business corporations, Non-Resident Indians and Persons of Indian Origin working with academic, research and business organisations overseas, and foreign academicians and researchers having a demonstrated interest in Indian studies.



Two modalities have been evolved for their engagement with the university system: The “adjunct faculty” route for younger and mid-career professionals within the target groups, and the ‘scholars-in-residence’ avenue for senior professionals and specialists.



The UGC has sanctioned 706 adjunct faculty positions for the entire university system in the country, with Central universities allowed five such positions each, State universities two, and deemed universities one each.



Adjunct faculty positions will be tenure appointments for one academic year or two semesters, and such individuals will be offered a token honorarium of up to Rs.1,500 per teaching hour/session, subject to a maximum of Rs.30,000 a month.



In the case of scholars-in-residence, there will be 512 faculty positions. Each Central university will be allowed two such positions, while State universities and deemed universities can have one position each.



Again, these will be tenure appointments ranging between six months and two years. Selected individuals will be offered a consolidated renumeration of up to Rs.80,000 a month, an annual contingency grant of Rs.1 lakh, and accommodation.



And, to hone teaching skills, the UGC has identified 40 institutions affiliated to universities, which can conduct orientation and refresher courses that are mandatory for promotion from lecturer to Reader. At present, 56 Academic Staff Colleges conduct such courses.



Most of these 40 identified institutions specialise in certain fields of study, and the UGC has drawn up a scheme whereby they can approach it for conducting refresher and orientation courses. And, if the Commission’s Standing Committee clears the courses, they will be recognised for promotion of lecturer to Reader. They will be cent per cent funded by the UGC through the affiliating universities.



The scheme has been drawn up keeping in mind the knowledge explosion, the purpose being providing a systematic mechanism for teachers to keep abreast of the latest and train themselves in modern processes, methodologies and techniques of teaching. With this in mind, the UGC has written to all universities asking them to identify the affiliate institutions willing to run such courses.



Some of the institutions that the UGC hopes to rope in through this route are, the National Institute of Advanced Studies and the Institute of Social and Economic Change (both in Bangalore), besides the New Delhi-based Institute of Public Finance and Policy and the Institute of Studies in Industrial Development.


Source: The Hindu

Central wants equal to states..!

Teachers demand increase in entry level salaries



Primary school teachers affiliated to the Tamil Nadu Primary-school Teachers Federation (TNPTF) observed fast in front of the Railway Station here on Sunday demanding better wages.


K. Anbarasu, district president of TNPTF, said that the State Government should immediately increase the entry level salaries for primary school teachers to the scale of Rs. 9,300-Rs. 34,800 plus Rs. 4,200 fixed by the Central Government.



“At present, a newly-recruited teacher in the state is entitled for the scale of Rs. 5,200- Rs. 20,200 plus Rs. 2,800 though many other states have already implemented the Central Government’s recommendations,” he pointed out.



The agitators also wanted the Government to come out with revised pay scale structures for teachers in the ranks of selection and special grades.



Some of the other demands included hike in house rent allowance, disbursal of education allowance and time scale pay for teachers appointed on consolidated pay.



Mr. Anbarasu said that sixth pay commission arrears for the teachers who had attained superannuation should be disbursed in a single instalment.



I. Yesaian, coordinator, Retired Lecturers and Teachers Association, and others spoke on the occasion.

Source: The Hindu

Car through CSD - New system raises officers’ hackles

Over 30 serving and retired officers of the Army showed resentment against the recently introduced system for purchasing car through CSD at the CSD depot in Ambala Cantt here.



Earlier, the Army officers had to deposit the amount of the vehicle to be purchased with the CSD depot in Ambala Cantt and the depot issued them the release order. After submitting the release order with the car dealer, the officers got the delivery of the vehicle.




As per the new system, after getting the delivery of the vehicle, the army officers will have to report to the depot manger along with the vehicle and a representative of the dealer.



After checking the documents, engine number and chassis number of the vehicle, the depot will issue them a sale deed document and then only the officers will be allowed to drive their car. The Army officers have to face a lot of harassment while completing the formalities of the newly introduced system.



Most of the Army officers, even from Haryana, prefer to purchase vehicles from Chandigarh as the rate of sales tax is 2 per cent less there than in Haryana.



Chandigarh does not have any CSD depot that is why the Army officers belonging to Chandigarh generally come to the Ambala CSD depot for purchasing vehicle through the CSD.



Around 35 retired and serving Army officers, including a serving Major from Kargil, went to Chandigarh yesterday to purchase vehicles after getting the release order from the CSD depot, Ambala.



The depot issued them a “Rahdari” slip, which they have to get stamped from the sales tax barriers at Dappar (Punjab) and Dhulkot (Haryana).



Col Jaswant Singh (retd), a resident of Chandigarh, said the officials of sales tax barriers detained them for two hours and refused to put stamp on “Rahdari” paper. They had to further stay in the CSD depot for hours to complete the formalities. He said the situation was very humiliating for an Army officer. Other Army officers also expressed annoyance over the new system.



Meanwhile, regional manager of the depot Lakhwinder Singh refused to comment on the matter. According to information, the depot has been facing an acute shortage of officials, which led to delay in the completion of formalities.

Source: The Tribune

TODAY IS THE FIRST ANNIVERSARY...!

TODAY IS THE FIRST ANNIVERSARY.


ONE YEAR HAS ROLLED BY HARMONIOUSLY.



FOR ALL THESE VISITORS WHO HAVE CONTRIBUTED TO THIS ENORMOUS GROWTH.


I WHOLEHEARTEDLY SUBMIT MY HUMBLY THANKS HERE.



FOR FURTHER GROWTH AND PROSPERITY I DEEPLY AVAIL YOUR CRITICAL SUPPORT AND YOUR VALUABLE COMMENTS.


BY NANDHI

Grant of additional pension on attaining the age of 80 years regarding

OM No.38/48/09-P&PW(A)

GOVERNMENT OF INDIA

Ministry of Personnel, Public Grievances & Pensions

(Department of Pension and Pensioners Welfare)

*******

Norht Block,New Delhi-110 003

the 27th August, 2009

OFFICE MEMORANDUM

Subject:- OA No. 504 of 2009 filed in the Central Administrative Tribunal, Ernakulam Bench - Grant of additional pension on attaining the age of 80 years regarding.

The following Applications filed OA No. 504 of 2009 in the Central Administrative Tribunal, Ernakulam Bench seeking direction of the hon'ble CAT that the pensioners/family pensioners may be given the additional quantum of pension/family pension, in terms of Department of Pension & PW Resolution No.38/37/08-P&PW(A) dated 29.8.2008, OM No.38/48/09-P&PW(A) (pt.I) dated 3.10.2008, just after their completion of the age of 79 years:






1. Sothern Railway Pensioners Association, Gopalan Vaidyar's Compound, Tileri Road, Bolar, Mangalore.



2. Shri.K.Gopal Shenoy, Retired Wireless Inspector(Railways), Old Canara Bank Building, Padavinagadi, Konchady Post. Mangalore.


3. Kamalaksha, Retired Railway Trollyman, Nadukar House, Kalnad Village, Kasaragod District-670 217.




2. The Central Administrative Tribunel, Eranakulam Bench, in its Order dated 28.7.2009 disposed of the above OA with the following advice to the Secretary, Department of Pension & Pensioners Welfare: "To consider the representations at Annexures A-4 to A-6 along with the grounds raised in the OA and pass a suitable order within a period of two months from the date of communication of this order"




3. In compliance of the above advice of the Hon'ble CAT, the representations at Annexure A-4 to A-6 and the grounds raised in para 5 of the OA No. 504 of 2009 have been examined in the Department of Pension & Pensioners Welfare.




4. The thrust of the arguement made in the representations/OA is that a person attains the age of 80 years on completion of the age of 79 years and, therefore, the additional quantum of pension available on attaining the age of 80 years should be paid immediately on completion of the age of 79 years.




5. The above argument of the Applicants is on account of misinterpretation of the meaning of the phrse "attaining the age of". The position in the Rules regulating the service conditions of the Government servants in this respeect is well settled. In accordance with Rule 56 of the Fundamental Rules applicable to the Government servants, a Government servant retires from service on the afternoon of the last day of the month in which he attains the age of 60 years. Accordingly, a Government servant retires on the afternoon of teh lsat day of the month in which he completes the age of 60 years and not in the month in which he completes the age of 59 years.
On this analogy, the additional pension/family pension on attaining the age of 80 years has to be paid only after the pensioner completes the age of 80 years and not after he completes the age of 79 years.




6. In para 5(M) of the OA, the Applicants have referred to the Venkataramani Iyer's Law laxicon with Leagal Maxima (Reprint 1991) according to which a person attains the 21 years "on the day preceding the anniversary of his 21st Birthday". In terms of this definition itself, a person born on 5.4.1988 attains the age of 21 years on 4.4.2009 and not on 5.4.2008




7. It is clear from the above that a person attains the age of 80 years only when he completes the age of 80 years and not when he completes the age of 79 years. However, for the sake of convenience, it has been provided in the
orders issued by this Department that the additional quantum fo pension/family pension, on attaining the age of 80 years and above, would be admissiable from the 1st day of the month in which the date of birth falls...




8. In the light of the foregoing, the request of the Applicants for payment of the additional quantum of pension available on attainging the age of 80 years immediately on completion of the age of 79 years is not agreed to.




9. This issues with the approval of Secretary, Department of Pension & Pensioner's Welfare.

NEW PENSION SCHEME - Details

Some questions and answers about New Pension Scheme (NPS)


1. What is the New Pension System (NPS)?


The NPS is a new contributory pension scheme introduced by the Central Government for its own new employees. Under the new pension system, each new central government employee will open a personal retirement account on joining service. Every month, and till the employee retires or leaves government service, a part of the employee's salary will be transferred into this account. When the person retires, he will be able to use these savings to take care of the needs and expenses of his family during old age.



2. Who is covered by the NPS?


You are covered by the NPS if


a.You joined central government service on or after 01 January 2004, and


b.You are an employee of a Central (Civil) Ministry or Departments, or


c.You are an employee of a non-civil Ministry or Department including Railways, Posts, Telecommunication or Armed Forces (Civil), or


d.You are an employee of an Autonomous Body, Grant-in-Aid Institution, Union Territory or any other undertaking whose employees are eligible to a pension from the Consolidated Fund of India.



3. If I joined Central Government service on or after 01 January 2004 do I have an option of not being covered by the NPS?


No. The NPS is mandatory for you.



4. I am covered by the NPS. Do the old Pension Rules apply to me?


No. The Central Civil Service Pension Rules (1972) do not apply to you. You are covered only by the New Pension System Rules framed for the NPS.



5. I am covered by the NPS. Can I contribute to the GPF?


No. The General Provident Fund (Central Service) Rules, 1960 also do not apply to you. You will not be permitted to contribute towards GPF.



6. Am covered by the NPS. Am I eligible to Gratuity?


No. You will not be eligible to Gratuity.



7. How does the NPS work?


When you join Government service, you will be allotted a unique Personal Pension
Account Number (PPAN). This unique account number will remain the same for the rest of your life. You will be able to use this account and this unique PPAN from any location and also if you change your job. The PPAN will provide you with two personal accounts:


1. A mandatory Tier-I pension account, and


2. A voluntary Tier-II savings account.



8. What is the difference between Tier-I and Tier-II accounts?


1. Tier-I account: You will have to contribute 10% of your basic+DA+DP into your Tier-I (pension) account on a mandatory basis every month. You will not be allowed to withdraw your savings from this account till you retire at age 60. Your monthly contributions and your savings in this account, subject to a ceiling to be decided by the government, will be exempt from income tax. These savings will only be taxed when you withdraw them at retirement.


2. Tier-II account: This is simply a voluntary savings facility for you. Your contributions and savings in this account will not enjoy any tax advantages. But you will be free to withdraw your savings from this account whenever you wish.



9. How will I contribute to my Tier-I (pension) account?


Every month, the government will deduct 10% of your salary (basic+DA+DP) and automatically transfer this amount to your Tier-I account in your name.



10. Will the Government contribute anything to my Tier-I (pension) account?


Yes. As your employer, the Government will match your contribution (10% of basic+DA+DP) and transfer this amount also to your Tier-I account in your name.



11. Can I contribute more than 10 into my Tier-I account?


Yes. You will be permitted to contribute more than the mandated 10% of Basic+DA+DP into your Tier-I account – subject to any ceiling that may be decided by the Government.



12. Will the Government also contribute more than 10 into my Tier-I account?


No. The contribution of the Government will be limited to 10% of your basic+DA+DP.



13. What will happen if I am transferred to another city or country?


The PPAN number will stay the same and you will be able to use the same accounts from anywhere in the world.



14. If I leave Government service before I retire will the Government continue to
contribute to my Tier-I account?


No. The 10% contribution by the Government will stop when you leave Government service. However, your savings in your Tier-I and Tier-II accounts will stay in your name and you will be able to continue using these accounts to save for your retirement.



15. What if I die or become permanently disabled during my service?


Pl.refer Office Memorandum: Additional Relief on death/disability of Government servants covered by the NPS(New Pension Scheme) recruited on or after 1.1.2004 No.38/41/06/P&PW(A) Dated 5th May, 2009



16. Where will my savings be invested?


Each PFM will offer you a limited number of simple, standard schemes. You will be free to choose any of the following schemes for investing your savings:


Scheme A This scheme will invest mainly in Government bonds


Scheme B This scheme will invest mainly in corporate bonds and partly in equity and government bonds


Scheme C This scheme will invest mainly in equity and partly in government bonds and corporate bonds.



17. I am covered by the NPS. Do the old Pension Rules apply to me?


No. The Central Civil Service Pension Rules (1972) do not apply to you. You are covered only by the New Pension System Rules framed for the NPS.



18. I am covered by the NPS. Can I contribute to the GPF?


No. The General Provident Fund (Central Service) Rules, 1960 also do not apply to you. You will not be permitted to contribute towards GPF.



19. Who will be responsible for the NPS and for protecting my interests?


The Government is setting up a new dedicated regulatory authority. This will be named the Pension Fund Regulatory and Development Authority (PFRDA). The PFRDA will be responsible for the NPS and for protecting your interests in the NPS.



20. When will my contributions start?


Your contributions (and the matching contribution by the Government) towards your Tier-I pension account will begin only from the month following the month in which you join Government service. During the first month of your service, you will be allotted the PPAN.(PRAN)



21. Who in the Government will issue me a PPAN open my accounts and be responsible for the deductions?


When you join service, your Drawing and Disbursement Officer (DDO) will instruct
you to fill out a NPS form. You will be required to provide your full professional
and personal details including details of your nominee in this form. The DDO will issue you the PPAN number(PRAN) and will also be responsible for all administrative matters related to your NPS accounts including deduction of your contributions, transferring your contributions and the matching contribution of the Government to your Tier-I pension account.



22. What will happen to my contributions to my Tier-I account?


Your monthly contributions, and the matching contributions by the Government into your Tier-I account, will be transferred by the Government in your name to a Pension Fund Manager (PFM). The PFM will invest your contributions on your behalf. In this way, your savings will earn an interest and grow over time.



23. Which agency will serve as a PFM?


The PFRDA will appoint a limited number of leading professional firms to act as PFMs.
One of these PFMs will be a public sector agency.



24. Who will decide which PFM manages my contributions and savings?


You will select a PFM to manage your contributions and savings.



25. Will I be permitted to select more than one PFM to manage my savings?


Yes. If you wish, you will be able to spread your savings across multiple PFMs –
where a part of your savings are managed by 2 or more PFMs.



26. Will I be permitted to change my PFM preference?


Yes. If you wish, you will be free to change the PFM and move all your savings to
another PFM of your choice.



27. Where will my savings be invested?


Each PFM will offer you a limited number of simple, standard schemes. You will be free to choose any of the following schemes for investing your savings:



Scheme A This scheme will invest mainly in Government bonds



Scheme B This scheme will invest mainly in corporate bonds and partly in equity and government bonds



Scheme C This scheme will invest mainly in equity and partly in government bonds and corporate bonds




28. Will I be able to select more than one scheme?


Yes. You will be free to spread your savings across these three schemes. Whenever you decide, you will also be free to switch your savings from one scheme to another.



29. How will my contributions be transferred to the PFM and scheme selected by me?


You will specify the PFM and scheme to your DDO. The DDO will arrange for transfer of your contributions to the PFM(s) and scheme(s) that you have selected.



30. What rate of return will my contributions earn?


Your contributions will not earn any specified rate of return.
The PFM will invest your savings in a scheme of your choice.The returns
earned by the PFM on the scheme selected by you will be credited to your account.




31. Will I have to pay any fees or charges under NPS?


You will have to pay a fee to the Central Recordkeeping Agency (CRA) which will maintain your accounts and also to the PFM(s) which manage your savings. These charges will be deducted from your savings on a periodic basis. The fees and charges by the CRA and PFMs will be regulated by the PFRDA.




32. Can I contribute more than the 10 of basic+DA+DP into my TierI account at the moment?


No. You will be allowed to do so only when the PFRDA, CRA and PFMs are appointed.



33. What will happen to my contributions and earnings in my Tier-I account when the PFRDA CRA and PFMs etc. are appointed?



Your full contributions, matching contributions by the Government, and the interest earned on the same will be transferred in your name to the PFM and scheme selected by you.



34. Will I have the option of continuing with the current 8 percent rate of return?

No. Once your savings are transferred to the PFM, your savings will enjoy only the
rate of return earned by the PFM on scheme you have selected.



35. When will I be permitted to withdraw from my Tier-I account?


You will be able to withdraw your savings in your Tier-I account at age 60.



36. What will happen to my savings in the Tier-I account when I retire?


You will be able to withdraw 60% of your savings as a lumpsum when you retire. You will be required to use the balance 40% of your savings to purchase an annuity scheme from a life insurance company of your choice. The life insurance company will
pay you a monthly pension for the rest of your life.




37. Can I use more than 40 of my savings to purchase the annuity?


Yes.



38. What will happen to my savings if I decide to retire before age 60?


You will be required to use 80% of your savings in your Tier-I account to purchase the annuity. You will be able to withdraw the balance 20% of your savings as a lumpsum.



39. Will the annuity also provide a family (survivor) pension?


Yes. You will have an option of selecting an annuity which will pay a survivor pension to your spouse.



40. What will happen to my savings if I decide to retire before age 60?


You will be required to use 80% of your savings in your Tier-I account to purchase the annuity. You will be able to withdraw the balance 20% of your savings as a lumpsum.



41. What will happen to my savings in the Tier-I account when I retire?


You will be able to withdraw 60% of your savings as a lumpsum when you retire. You will be required to use the balance 40% of your savings to purchase an annuity scheme from a life insurance company of your choice. The life insurance company will pay you a monthly pension for the rest of your life.



42. What if I die or become permanently disabled during my service?


The Government is yet to issue any guidelines on this.



43. Will I have to pay any fees or charges under NPS?


You will have to pay a fee to the Central Recordkeeping Agency (CRA) which will maintain your accounts and also to the PFM(s) which manage your savings. These charges will be deducted from your savings on a periodic basis. The fees and charges by the CRA and PFMs will be regulated by the PFRDA.



44. What will happen to my contributions to my Tier-I account?


Your monthly contributions, and the matching contributions by the Government into your Tier-I account, will be transferred by the Government in your name to a Pension Fund Manager (PFM). The PFM will invest your contributions on your behalf. In this way, your savings will earn an interest and grow over time.

Grant of Non-P.L.Bonus (Ad-hoc bonus ) to Central Government Employees for the year 2008-2009.

"center">
No.7/23/2007/E III (A)

"center">
Government of India

"center">
Ministry of Finance

"center">
Department of Expenditure

"right">
NewDelhi,Dated 28th August,2009.

"center">
OFFICE MEMORANDUM

"left">
Subject:- Grant of Non-Productivity Linked Bonus (Ad-hoc bonus ) to Central Government Employees for the year 2008-2009.

"left">
The under signed is directed to convey the sanction of the President to the grant of Non-Productivity Linked Bonus
(Ad-hoc bonus ) equivalent to 30 days emoluments for the year 2008-2009 to the Central Government Employees in Group C
and D and all non-gazetted employees in Group B, who are not covered by any Productivity Linked Bonus Scheme.
The Calculation ceiling of Rs.3500/- remain unchanged. The payment will also be admissible to the Central Police
and Para-military Personnel and Personnel of Armed Forces. The orders will be deemed to extended to the employees
of Union Territory Administration which follow the other bonus or ex-gratia scheme.





2. The benefit will be admissible subject to the following terms and conditions:-
(i) Only those employees who were in service on 31.3.2009 and have rendered at least six months of continuous
service during the year 2008-2009 will be eligible for payment under these orders. Pro-rata payment will be
admissible to the eligible employees for period of continuous service during the year from six months to a full year,
the eligibility period being taken in terms of number of months service (rounded off to the nearest number of months)



(ii)The quantum of Non-PLB (Ad-hoc bonus) will be worked out on the basis of average emoluments/calculation
ceiling which ever is lower.To calculate Non-PLB(Ad-hoc bonus)for one day ,the average emoluments in a year
will be divided by 30.4(average number of days in a month)This will there after be multiplied by the number of
days bonus granted. To illustrate, taking the calculation ceiling of Rs. 3500/-(where actual average emoluments
exceed Rs. 3500X30/30.4=Rs. 3453.95 (rounded off to Rs.3454/-)



(iii)The casual labour who have worked in offices following a 6 days week for at least 240 days for 3 years or
more (206 days in each year for 3 years or more in the case of offices observing 5 days week ) be eligible for
this Non-PLB (Ad-hoc bonus) payment. The amount of Non-PLB (Ad-hoc bonus) payable will be Rs.1200x30/30.4 i.e.Rs.1184.21
(rounded off to Rs.1184/-) Incases where the actual emoluments fall below Rs.1200/-p.m.,the amount will be calculated on
actual monthly emoluments.



(iv) All payments under these orders will be rounded off to the nearest rupee.



(v)The clarificatory orders issued vide this Ministry’s OM No.F.14(10)-ECooRD/88 dated 4.10.1988, as amended
from time to time, would hold good.



3. The expenditure on this account will be debitable to the respective Heads to which the pay and allowances
of these employees are debited.



4. The expenditure on account of Non-PLB (Ad-hoc bonus) is to be met from with in the sanctioned budget provision
of concerned Ministries /Departments for the current year.



5.In so for as the persons serving in the Indian Audit and Accounts Department are concerned , these orders are issued
in consultation with the Comptroller and Auditor General of India.

Payment of second instalment of 60% arrears to Quasi-Government Organisations, Autonomous Organisations

No.7/23/2008-E.III(A)

Government of India

Ministry of Finance

Department of Expenditure

NewDelhi,Dated 27th August,2009.

OFFICE MEMORANDUM

Subject:- Payment of second instalment of arrears on account of pay revision of employee of Quasi-Government Organisations, Autonomous Organisations, and Statutory Bodies, etc. set up by and funded/controlled by the Central Government.

The undersigned is directed to refer to this Department's orders issued under Office Memorandum of even number dated 30th September 2008 and 7th October 2008 extending the revised pay structure for the Central Government employees on the basis of the recommendation of the 6th Central Pay Commission to the employees of Autonomous Organization, etc whose pattern of emolument structure i.e.pay sacles and allowances(in particular the Dearness Allowance, the House Rent Allowance and City Compensatory Allowance) were identical to those of the Central Government employees.




2. AS per this Department's resolution No.1/1/2008-IC dated 29th August 2008, the Government had decided that the arrears on account of implementation of 6th CPC recommendation will be paid in cash in two instalments - first instalment of 40% during the year 2008-09 and the remaining 60% in the financial year 2009-10. Orders have since been issued by the Government for payment of remaining 60% of arrears to the concerned Central Government servants. Accordingly, the dicision of the Government for payment of remaining 60% of arrears is hereby extended to the employees of the Autonomous Organisations etc. Howerer, the payment of remaining 60% of arrears will be subject to the conditions stipulated budgetary support for additional expenditure vide para 4 and 4.1 of this Department's Office Memorandum of even number dated 30th September, 2008 at the time of extending the revised pay structure for the Central Government Employees to the employees of Autonomous Oraganisations etc.

Filling up of the post of Secretary-Cum-Controller

No.24012/18/2008-Estt.(B)

GOVERNMENT OF INDIA

Ministry of Personnel, Public Grievances & Pensions

(Department of Personnel & Training)

Norht Block,New Delhi,

the 27th August, 2009

OFFICE MEMORANDUM

Subject:- Filling up of the post of Secretary-Cum-Controller of Examinations- in
the pay scale PB-4, Re. 37,400-67,000+ GP-8700/- (Director leve]), Staff
Selection Commission (Hqrs), New Delhi on deputation basis.

It is proposed to fill up the post of Secretary-Cum-Controller of Examinations, Staff Selection Commission with Headquarters at New Delhi in the pay scale of Rs. PB-4, Rs. 37,400-67,000 + GP-Rs.8700/- (Director level). The eligibility criteria as per Recruitment Rules is given in the Annexure- 1. The pay and other conditions of service of the selected officer will be regulated in accordance with this Department's OM.No. 2/29/91-Estt (Pay-II) dated 05th January, 94, as amended from time to time.






2. Application of only such officers will be considered as are routed through
proper channel and are accompanied with (i) bio-data in the proforma at Annexure- II; (ii) the CR dossier of the officer or clear photocopies of the upto date eRs of the officer containing CRa of at least last five years, duly attested by a Group 'A' officer; Gill cadre clearance; (iv) clearance from vigilance and disciplinary angle; and (v) statement giving details of major or minor penalties, if any, imposed on the officer during the last ten years and (vi) a certificate that in the event of selection, the officer would be relieved to join the duties of the post.



3. All Ministries/Departments are requested to forward the applications of willing and eligible officer in the prescribed proforma to: Shri Suneel K. Arora, Under Secretary to the Government of India, Ministry of Personnel, Public Grievances and Pensions (Department of Personnel and Training), Room.No. 215-A-II, North Block, New Delhi-l10001, so as to reach this office latest by 16.10.2009. Applications not accompanied with the required certificates/ documents stated in para 2 above will not be entertained.



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IIT faculty seek study compensation Years lost for PhD cited

IIT teachers have demanded financial compensation apart from their basic salaries for the years they spend in higher learning and pursuing a PhD instead of working after undergraduation.



The teachers have suggested that the compensation either be provided as a fixed monthly allowance or as a percentage of their basic salary through a scheme existing in apex scientific research organisations.



This is the first time the IITs have specifically cited the higher qualifications their teachers require to join the faculty — unlike in most universities — to argue for better pay.



This demand was partly articulated in a memorandum submitted by the All India IIT Faculty Forum — a body elected by teachers at the premier engineering schools — to the human resource development ministry on Monday.



Faculty sources confirmed that an additional document explaining this new request would be submitted to the ministry soon.



Faculty across the IITs are protesting against a new pay regime notified by the government, which snips salaries recommended by a central pay panel and ignores a slew of other incentives suggested by the panel. The Telegraph had reported the new pay regime on August 18.



The University Grants Commission allows those who have cleared a National Eligibility Test — or its state equivalents — to conditionally join university faculty if they have enrolled for a PhD, before its completion.



A PhD, however, is the minimum qualification for anyone joining the IITs at the lowest regular teaching post on offer — that of an assistant professor.
IIT faculty are arguing that they should be compensated for the financial loss they suffer because of the delay in their joining the workforce.



In their memorandum, the faculty have calculated what they argue is the financial loss a youngster studying to teach at an IIT would suffer, as compared to joining a central government job.



On an average, a student takes six years — two years for postgraduation and four years for a PhD — after his undergraduation to become eligible to teach at an IIT.
On the other hand, he can join the government immediately after completing his undergraduation.



During their postgraduation and PhD, scholars are paid a study allowance but this amount is significantly lower than what they could have earned if they joined the government.

Source: The Telegraph

New Pension Scheme - Recruited on or after 1.1.2004

THE GAZETTE OF INDIA

EXTRAORDINARY - PART I - SECTION 1

PUBLISHED BY AUTHORITY

New Delhi, Monday, December 22, 2003/PAUSA 1, 1925

Ministry of Finance

(Department of Economic Affairs)

(ECB & PR Division)

NewDelhi,the 22nd December,2003.

F.No.5/7/2003-ECB & PR. – The Government approved on 23rd August, 2003 the proposal
to implement the budget announcement of 2003-2004 relating to introducing a new restructured defined contribution pension system for new entrants to Central Government Service, except to Armed Forces, in the first stage, replacing the existing system of defined benefit pension system.

(i) The system would be mandatory for all new recruits to the Central Government Service from 1st of January 2004 (except the armed forces in the first stage.). The monthly contribution would be 10 percent of the salary and DA to be paid by the employee and matched by the Central Government. However, there will be no contribution form the Government in respect of individuals who are not Government employees. The contributions and investment returns would be deposited in a non-withdrawable pension tier-1 account. The existing provisions of defined benefit pension and GPF would not be available to the new recruits in the Central Government service.

(ii) In addition to the above pension, accout, each individual may also have a voluntary tier-II withdrawable account at his option. This option is given as GPF will be withdrawn for new recruits in Central Government service. Government will make no contribution into this account. These assets would be managed through exactly the above procedures. However, the employee would be free to withdraw part
or all of the ‘second tire’ of his money anytime. This withdrawable account does not constitute pension, investment, and would attract no special tax treatment.

(iii) Individuals can normally exit at or after age 60 years for tier-I of the pwnsion system. At exit the individual would be amndatorily required to invest 40 percent of pension wialth ot purchase an annuity (from an IRDA-regulated life insurance company).In case of Government employees the annuity should provide for pension for the lifetime of the employee and his dependent parents and his spouse at the time of retirement. The individual would receive a lump-sum of the remaining pension wealth, which he would be free to utilize in any manner. Inidviduals would have the flexibility to leave the pension system prior to age 60. However, in this
case, the mandatory annuitisation would be 80% of the pension wealth.

Architecture of the New Pension System



(iv) It will have a central record keeping and accounting (CRA) ingrastructure, several pension fund managers (PFMs) to offer three categories of shemes viz. option A, B and C.



(v) The participating entities (PFMs and CRA) would give out easily understood information about past performance, so that the individual would able to make informed choices about which scheme to choose.



(2) The effective date for operationalisation of the new pension system shall be from 1st of January, 2004.



Incase of Death or Disability of Government servants recruited on or before 1.1.2004


Additional Relief on death/disability of Government servants covered by the NPS(New Pension Scheme) recruited on or after 1.1.2004




The Central Government has introduced the New Pension System (NPS) with effect from
01 January 2004.


The NPS covers, at present, new entrants to Central Government services (excluding Defence Forces) and is also available to all other citizens of India from 1st May 2009.


Pension Fund Regulatory and Development Authority (PFRDA) has been established through a Government Order to oversee and regulate implementation of the NPS system.
The NPS is based on individual pension accounts of participating subscribers. Each NPS subscriber is allotted a unique Permanent Retirement Account Number (PRAN).


This pension system is based on two types of sub-accounts created by individual subscribers: Tier-I non-withdrawable pension account, and Tier-II withdrawable savings account.



PFRDA has already put in place the institutional framework and infrastructure required for administering the ‘New Pension Scheme’ (NPS) for government employees as well as other citizens of India.



Various institutional entities such as

Central Record Keeping Agency (CRA),

Pension Fund Manager(PFM),

Trustee Bank (TB),

Custodian and NPS

Trust have been appointed and are now functional.



with various intermediaries. Immediately after passage of the PFRDA Bill, necessaryregulations are to be notified under the PFRDA Act.



Application Form PRAN





WELCOME KIT - Details of New Pension Scheme



Pending passage of the Pension Fund Regulatory and Development Authority (PFRDA) Bill in Parliament, a conference of Chief Ministers of the various State Governments was organized by the Ministry of Finance, Government of India in January 2007 on the New Pension System (NPS). As part of the action taken on the decisions taken at the conference, the Government of India has advised PFRDA to appoint, from the public sector, a Central Recordkeeping Agency and Fund Managers to manage the pension funds of employees of the Central Government and autonomous bodies covered by the NPS. Later, the system developed by the selected CRA and pension funds is expected to be offered to the State/Union Territory Governments for their use and for use by the autonomous bodies under such governments covered by the NPS.



Selection of Record-keeping Agency (CRA)



PFRDA issued an advertisement (22nd January 2007) inviting Expression of Interest (EoI) from public sector entities with experience of developing and managing technology based central administration and recordkeeping systems, for functioning as CRA responsible for opening and maintenance of personal retirement accounts of the subscribers under the NPS and providing a number of related services.



Public sector entities with at least 5 years in central recordkeeping and administration functions, minimum positive net worth of Rs.50 crore (Rupees Fifty crore) and experience in managing over five lakh individual accounts per year over the last three years were eligible to submit expression of interest.



In response to the advertisement, PFRDA received EoIs from the following six entitles


· Life Insurance Corporation of India


· National Securities Depository Limited


· Stock Holding Corporation of India Limited


· Union Bank of India


· UTI Technology Services Limited


· Writer Information





The EoIs submitted by all the six entities were scrutinized in the light of eligibility criteria prescribed by the PFRDA and Request for Proposal (RFP) documents, inviting detailed technical and commercial proposal, were issued to the following four entities which satisfied the eligibility conditions:




· Life Insurance Corporation of India


· National Securities Depository Limited


· Stock Holding Corporation of India Limited


· UTI Technology Services Limited



Out of these four entities only three entities submitted their technical and commercial proposal to PFRDA in accordance with the requirements detailed in the RFP documents. Life Insurance Corporation did not submit any proposal.



An evaluation committee was constituted to evaluate the technical and commercial proposals and to recommend to PFRDA the most suitable entity to function as CRA. The committee recommended National Securities Depository Limited as the most suitable entity to function as CRA based on the requirements specified in the RFP document. PFRDA accepted the report of the committee and has selected the National Securities Depository Limited as CRA. Contract negotiations are underway and NSDL is expected to be appointed as the CRA in respect of Government employees under the NPS, shortly.





Selection of sponsors of Fund Managers





PFRDA issued an advertisement and Preliminary Information Memorandum (PIM) inviting Expressions of Interest (EOI) from public sector entities for sponsoring Pension Funds for Government employees under the New Pension System. To be eligible, the sponsors were, inter alia, required to have at least 5 years experience of fund management, with average assets under management of not less than Rs. 10,000 crore for the month of March 2007.





The last date for submission of Expression of Interest (EoI) was 25th May 2007. In response, Expressions of Interest were received from seven public sector entities namely, Canara Bank, IDBI Capital Market Services Limited, Life Insurance Corporation of India, State Bank of India , UTI Asset Management Company Private Limited, Securities Trading Corporation of India Limited and Punjab National Bank.





Four out of these seven entities met the requirements of eligibility as laid out in the PIM and were invited for issuance of Request for Proposal (RFP) for sponsoring Pension Funds under the NPS. The four entities to which the Request for Proposal (RFP) was issued on 11th June 2007 are, IDBI Capital Market Services Limited, Life Insurance Corporation of India, State Bank of India and UTI Asset Management Company Private Limited.





Their proposals, including the technical and commercial bids, were received in PFRDA by the deadline of 4th July 2007. An independent Selection Committee was constituted by PFRDA and entrusted with the responsibility of evaluation of the proposals received from the eligible entities, and to short-list the three best value bidders in terms of requirements (technical & commercial) of RFP.





Based on the overall evaluation, including technical and commercial parameters, the Committee found (i) State Bank India, (ii) UTI Asset Management Company Private Limited and (iii) Life Insurance Corporation of India as the three best value bidders, and recommended their appointment as sponsors of Pension Funds under the New Pension System.





Contract agreements with the selected sponsors are expected to be signed shortly, authorizing them to incorporate separate companies as pension funds for managing the corpus under the NPS.