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Saturday, 16 July 2016

EXPECTATION OF 7TH PAY COMMISSION

Indian Military Veterans
EXPECTATION  OF 7TH PAY COMMISSION.REPORT

SOME OF THE DEMANDS AND ACCEPTANCES..

. Present DA of 125% will be merged with Basic. And
    DA rate with effect from 1-1-2016 to 30-6-2016 will be 0%.

1. Common Pay scale for X  & Y group not accepted because it will create discrimination among serving personnel.

2.  MSP for JCOs & Ors  -5200  ( 2000X2.57)
     For Hony & Comm.officers-15500

3. Hav / PO/  Sgts  are highly skilled Technician, hence, Demanded for
    Grade Pay  2800 to 4200  but not accepted.

4. X group Pay for Diploma Holders: - 6200  and
     Non Diploma holders of X group-    3600   (1400X2.57)

5. Demand for Additional pension from 70 yrs instead of 80Yrs of age not agreed.

6. Demand for adding  Disability  / War injury element  with family pension
    Not  considered.

7. Demand  for Pension at  75% of emolument not accepted. Only the existing 50% .accepted.

8. Pension of Hony,Nb.Sub  to be equated with Regular Nb.Sub-  Not accepted.

9. Broad Banding of DE / WIE for all category – Invalided out, Boarded out  and   released/ discharged and  on completion of terms and condition-   Agreed.

10. Demand for pension after 10 yrs service instead of 15 yrs. in DSC - not    agreed.


11. Calculation  of DE  and WIE  is switched over to Slab system from percentage method.  
 For Example: Disability  Rates:

      Sepoy to Hav…………..12000
      JCOs……………..          17000
      Hony& Comm Offrs…..  27000

12. Matrix-  Option   I      with increments

      Matrix-  Option II       with MF…..2.57.

For Example:  At Entry level 5  i.e at starting: -15 yrs of service.
For a Rank of Hav/ PO/ SGT-  -- Grade Pay-2800- Group-X
As per Matrix Table-     Starting  Pay……29200-   Option- I
Plus increment- which is to be added
                Military Service pay…………     5200
       X-Group pay for  X group only……     3600
                                      Total pay……..     38000
                                   Pension at 50%.........19000  .
                This may be the basic pension    from 1-1-2016  + DA
At present   8585 +10732=19317
( with the hope  the OROP rate is taken)

But if you calculate as per Matrix system; Option- II
       8585 X 2.57=22063  This is the Basic pension.
So, the option II will be beneficial now.

Dear Veteran brothers, there may be changes  in our calculation later
after the actual  Orders/Circulars are issued..

These points are taken from main report of 900 pages before cabinet
ap

New Features Released For NPS Subscribers

Indian Military Veterans
New Features Released For NPS Subscribers
Pension Fund Regulatory and Development Authority (PFRDA) takes various initiatives from time to time in order to simplify and improve the operational issues in National Pension System (NPS) like new functionality development under NPS architecture, simplification of account opening, withdrawal, grievance management etc. In this regard, recently many new functionalities have been released to provide the ease of operation for the benefit of subscribers and nodal offices. These are detailed below:
Functionality released recently for the benefit of NPS subscribers:
S.No
FunctionalitiesBenefits Description
1Mobile Application

Mobile Application for NPS is now available to the Subscriber’s in ‘Google Play Store’ as ‘NPS by NSDL e-Gov’ for installation and use
In Mobile App, the Subscriber will be able to raise the request for Transaction Statement for a particular financial year which will be sent to his registered mail ID at end of the day, can view his/her NPS account, latest details of scheme wise units along with latest NAV and the total value of the schemes, details of the last five contributions credited,  can change contact details (Telephone/Mobile no./Email ID), change password/security Question add/modify his/her password and set security question (for password reset) through Mobile App. Notifications, if any, from CRA will be available to the Subscriber. Short messages will be displayed here.
2Change of address using Aadhaar authenticationThe Subscribers can now update/modify their address on their own using Aadhaar based authentication. After logging in CRA, Subscriber will use the menu “Update Address” by providing the Aadhaar No and click on the ‘submit’ button. After which an OTP will be sent to Subscriber’s mobile. Once the Subscriber authenticates by submitting the OTP, address details from Aadhaar system will be fetched and updated in the CRA system. In this process, Subscriber will be able to update permanent as well as correspondence address.
3Scheme Preference change facilityOnce Subscriber opts to change his / her Scheme Preference after logging in, an OTP will be sent to the Subscriber (on their registered mobile number). After authentication is done with OTP, the Subscriber can change their PFM, Asset Class, Allocation Ratio, Scheme Options.
4Tier II activation through eNPSAny subscriber having Tier I account in NPS can now activate Tier II account online through eNPS by entering his / her PRAN, DOB and PAN. An OTP will be generated and will be sent to the registered mobile number. Subscriber has to enter the OTP and proceed for Tier II activation under NPS.
5KYC re-verification using Aadhaar authenticationA Subscriber whose Bank has not confirmed (rejected) his / her KYC verification request can now update the address details and confirm KYC using Aadhaar based authentication. The Subscriber needs to simply go to eNPS site, click on Update details and proceed.
6Facility to contribute OnlineSubscribers are contributing through online mode using eNPS portal of NPS Trust. Now, a facility has been made available to contribute online by Subscribers using IPIN credentials in CRA system. Subscriber can login into the CRA system and click on “Contribution” menu. On submission, the Subscriber will be redirected to eNPS contribution page from where he / she can contribute as per existing process of eNPS.
7Withdrawal from Tier II accountAt present, for Withdrawal from Tier II account, the NPS subscribers are required to visit the branch of the associated Point of Presence (POPs) or Nodal Office. Now, the NPS Subscribers have a facility to initiate withdrawal request from Tier II account using their login credentials and OTP authentication on registered mobile number.
8Online IPIN generation
The eNPS Subscribers can now access the CRA system immediately after registering without waiting for physical I-PIN to be despatched. Facility is now available where the Subscriber will generate I-PIN instantly and access his / her NPS account.
Currently, NPS and APY together have 1.29 crore subscribers with total Asset under Management (AUM) of 1.34 lakh crore.
Source :  PIB

7TH CPC SALARY DETAILS-AIRF CLARIFICATION

Indian Military Veterans

All India Railwaymen's Federation
4, State Entry Road, New Delhi - 110055

No.AIRF/405(VII CPC)
Dated: July 13, 2016

The General Secretaries,
All Affiliated Unions,

Dear Comrades!

In continuation of our earlier letter of even number dated 8th July, 2016, wherein clarification was issued, whether payment of salaries based on 7th CPC recommendations will be made from current month or otherwise, it is hereby clarified that; salary of August month will be based on 7th CPC recommendations.


 Yours fraternally,

(Shiva Gopal Mishra)
General Secretary
Source:http://www.airfindia.org/2016/07/14/7th-pay-commission-clarification-regarding-salaries-to-be-paid/

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