RE:Pensioners?
by Story editor on Mar 24, 2008 02:22 PM Permalink
Roni my dad is a retired central govt employee...he was curious to know how this would help him.
I could not find anything concrete while googling.
RE:Pensioners?
by siva kesavan on Mar 24, 2008 02:24 PM Permalink
Your current D.A (47% of basic) will be merged with the basic, along with a marginal increase in the basic. And you will be paid 14% of this basic as D.A from Jan 2008.
RE:Pensioners?
by Roni gavaskar on Mar 24, 2008 02:36 PM Permalink
Yes..Nothing reflect the PERFORMACE. It for everyone. You don't need to be a rocket scientist. I have have experienced this beofre with 5th Pay com -
Evrything willcome heavy on common man - That why I suggest performace based culture in Govt..Not calculate whole amount and divide by # of employees.
Just imagine what signal are we giving to corrupt gvt people - A Reward with 40% pay hike
RE:Pensioners?
by Anand YNI on Mar 24, 2008 05:38 PM Permalink
Correction: Read the text as follows:
Hi Roni and Siva,
Why fight with each other?
I am a pensioner since 1995. My total pension from what it was in 1995 has incresed by over six times since then, that is, @ an average of 46% per year. It was fixed at around 300% of the initial basic pension when the benefits of V Pay Commission were announced (wef 01 Jan 1995). Similarly, the rise would be substantial for all including pensioners. Suppose someone is drawing a pension of 10,000 PM, he should get anything from 13000 upwards.
RE:Pensioners?
by Anand YNI on Mar 24, 2008 03:48 PM Permalink
Hi Roni and Siva,
Why fight with each other?
I am a pensioner since 1995. My total pension from what it was in 1995 has incresed by over six times since then, that is, @ an average of 46% per year. It was fixed at around 300% of the initial basic pension when the benefits of V Pay Commission were announced (wef 01 Jan 2006). Similarly, the rise would be substantial for all including pensioners. Suppose someone is drawing a pension of 10,000 PM, he should get anything from 13000 upwards.
RE:Pensioners?
by not from UK on Mar 24, 2008 02:20 PM Permalink
Yes this hike is applicable to pensioners as well. But hike wont be 40% they may get almost 20-30%
RE:RE:RE:RE:RE:Pensioners?
by siva kesavan on Mar 24, 2008 02:31 PM Permalink
The Indian corporates are not bothered about performance and corruption (within their companies) and this being the case why should the pay panel be bothered about it.
