PFRDA Circular - Registration of Government employees aged 60 years and above under National Pension System (NPS)

PFRDA Circular - Registration of Government employees aged 60 years and above under National Pension System (NPS) 

CIRCULAR

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY 

22 April, 2014 

PFRDA/2014/3/PDEX/12 

Subject: Registration of Government employees aged 60 years and above under National Pension System (NPS) 

The Authority has been receiving several requests from various governments (central & state) to approve the registration of subscribers under National Pension System (NPS) who are aged 60 years and above and which are being approved on case by case basis by PFRDA at present. 

Keeping in view of the difficulties being faced by subscribers, now the Authority has decided to enroll all eligible Government employees (central & state) who are on the rolls of the government in to NPS, irrespective of the age at the time of entry, subject to the condition that the total period of contribution to NPS account shall not be more than 42 years. The NPS applications of such subscribers need to be submitted through the appropriate nodal officer of the Govt/ Deptt, in line with the procedure adopted for NPS registration for Government employees aged below 60 years. Also, the responsibility for ensuring that the employee is eligible for being covered under NPS and that the NPS contribution is not paid beyond 42 years during the entire service period for such an employee, lies with the department submitting the subscriber registration form. 

This is for the information of all concerned. 

Sd/- 

Venkateswarlu Peri 

General Manager 

Source : www.pfrda.org.in

[http://www.pfrda.org.in/writereaddata/linkimages/Registration%20of%20Govt%20employees%20aged%2060%20years%20and%20above763537413.pdf]

Child Care Leave, introduced by the 6th CPC, was a boon for women employees.

Child Care Leave, introduced by the 6th CPC, was a boon for women employees.

Women employees have for long, been entitled to Maternity Leave. The 90 days paid leave granted as maternity leave was extended to 135 days by the 5th CPC. The 6th CPC further increased it to 180 days.

Based on the very reasonable request presented by ATMAJA (Association of Adoptive Parents), the Government announced ‘Child Adoption Leave’ for female employees in 2006. Orders were issued to grant 135 days leave for female employees who adopt child upto one year of age. 

The 6th CPC introduced a family welfare privilege for female employees. Consequent upon the decisions taken by the Government on the recommendations of the 6th CPC relating to Maternity Leave and Child Care Leave, the Central Govt decided that the existing provisions of Maternity Leave enhanced to 180 days.

Leave of the kind due and admissible (including commuted leave for a period not exceeding 60 days and leave not due) that can be granted in continuation with Maternity Leave provided in Rule 43(4)(b) shall be increased to 2 years.

Women employees having minor children may be granted Child Care Leave for a maximum period of two years (i.e. 730 days) during their entire service for taking care of upto two children whether for rearing or to look after any of their needs like examination, sickness etc.

Only female employees were entitled to these leaves in order to provide health care and education supervision requirements for her two children. Although there were difficulties in implementing this decision, the announcement was welcomed by women employees. 

But this also created a sense of longing among the male employees. 

Were they not concerned about their family’s welfare? 

Was their presence not required in health and education related issues of their children? 

‘Why are we being denied this allowance?’. Men employees were wondered. 

But some male staff themselves wondered, it was impossible to give the same privilege to male employees too, who constitute 90% of the government workforce.

One could also hear demands that if not 730 days, at least half of it should be given to the male employees.

Some suggest that the allowance should be made in genuine cases after necessary enquiries.

Some also suggest that in cases where the husband and wife are employed, the leave should be given to both. 

Everybody has a right to demand…!

The request to give this privilege to men who have lost their wives, to look after their children sounds very reasonable. 

Children who have lost their mothers require the care and presence of their fathers. 

Will the 7th CPC consider this demand?

Source: www.employeesnews.in
[http://www.employeesnews.in/2014/04/will-7th-cpc-extend-child-care-leave.html]

10% Dearness Allowance for Tamil Nadu Government Employees…

10% Dearness Allowance for Tamil Nadu Government Employees…

Ahead of festival season, the Tamil Nadu government has announced an 10% additional Dearness allowance hike in Dearness allowance to its employees and pensioners from 1.7.2013.

As per media source, the chief minister of Tamil Nadu Ms.Jayalalitha said in the meeting, the enhanced amount would be paid in cash from 1st July 2013.

The official order published by the Finance Department.

10% Dearness allowance declared to Odisha Government employees

10% Dearness allowance declared to Odisha Government employees

The State Government of Odisha has now declared 10% Dearness allowance to its employees and pensioners.

Following the Central Govt successive announcement made by the state governments to their employees and pensioners regarding the hike in Dearness allowance. In this series, now the state govt of odisha has decided to enhance in dearness allowance for counteract the price hike in all essential commodities.

As a special gift for festival to celebrate coming days, Bihar govt approved 10% to increase in DA with effect from 1st July 2013. The total DA will become 90% after the announcement. The formal orders will be issued by the Finance Department.

Getting hike in DA by 10% – Maharashtra Govt Employees

Getting hike in DA by 10% – Maharashtra Govt Employees

As per the media news, the State government of Mahasrashtra nod for hike in Dearness allowance by 10%.

The employees and pensioners of Maharashtra government enjoyed to hear the news about hike in Dearness allowance by 10% from July this year. 

The arrears for the balance of two months and enhanced amount for the current month will be issued in cash.

EXPECTED DA FROM JULY 2014 - An overview of articles about DEARNESS ALLOWANCE

EXPECTED DA FROM JULY 2014 - An overview of articles about DEARNESS ALLOWANCE

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

An overview of articles about DEARNESS ALLOWANCE

It is an appreciable trend that articles about Dearness Allowances continue to be churned each day. There are plenty of advantages and benefits in giving your own interpretation on a topic that millions are interested in. It helps a great deal in creating consensus opinion. Social media are especially useful in accomplishing this.

A very famous example is the unity and camaraderie between pharmacists a few years ago, and their success. The contribution of social media in the current protests being conducted by LDCs and UDCs is worth taking note of.

There is no denial to the fact that revolutionary new opinions expressed on social media have been useful for many in many different ways. There is also no doubt in the fact that members of the unions, associations, and federations continue to watch the social media. You can bet that in the near future almost all these leaders of unions and associations would have created their own individual websites and started expressing their opinions almost immediately.

Let us get to the topic at hand...

The Consumer Price Index for Industrial Workers points for last month was released on 31.03.2014. The index has risen by one point and stands at 238. As a result, the Dearness Allowance, which stood at 101.71 has now slightly increased to 102.79.

With the AICPIN data of only two months available, it has become clear that there is not even an increase of 3%. If the trend continues, the hike in DA would be very small this time. Though nothing can be speculated as of now, if the AICPIN doesn’t reduce, then there are chances of a 5% DA increase. If AICPIN points slump by bigger margins, there are chances that the DA percentage would decrease further.

To sum it up, this time, there is no possibility of getting the kind of DA hikes that were given in the past. But then, since we still don’t have the data for four months, it is difficult to accurately calculate.

‘Expected DA from July 2014’ completed its second step..!

Expected DA from July 2014 - AICPIN for the month of Feb 2014

Expected DA from July 2014 - AICPIN for the month of Feb 2014

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for February, 2014 increased by 1 points and pegged at 238 (two hundred and thirty Eight). On 1-month percentage change, it increased by 0.42 per cent between January, 2014 and February, 2014 compared with the rise of 0.90 per cent between the same two months a year ago.

Finance Ministry’s Orders on 10% DA Expected Shortly!

Finance Ministry’s Orders on 10% DA Expected Shortly!

At the Cabinet Committee meeting that was held on 28/02/2014, approval was given for a 10% hike in the Dearness Allowance and Dearness Relief for Central Government employees and pensioners. Nearly a month has passed but the Finance Ministry has still not issued relevant orders to the departments concerned. 

Despite the consent of the Cabinet Committee, the enhanced amount of DA will be given only after the Finance Minister issues the orders. The month of March ends on Monday and orders will have to be issued before then. Only then will the employees receive the DA amount for the month of March along with the month’s salary. Since all the banks will remain closed on the 2nd due to Annual closing of accounts, it will be available only on Tuesday, the 3rd. 

Since all the DDOs under Central Government have been computerized and since DA calculation is a routine task, they would immediately take action as soon as they receive the fax. Moreover, in the press release announcing the Cabinet Committee’s approval, certain terms were clearly added that the “Cabinet approved the proposal to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.01.2014, in cash, but not before the disbursement of the salary for the month of March 2014 at the rate of 10 percent increase over the existing rate of 90 percent”.

If the Finance Ministry fails to issue the orders before the end of this month, then 3 months’ arrears will be given in April.

Since “50% DA Merger” is not going to happen now, orders are expected regarding 25% increase in some specific allowances. One of these allowances is the “Children Education Allowance and Hostel Subsidy”. Last time, when DA touched 50%, the subsidy was increased from 12,000 to 15,000. Similarly, this time, it is expected to rise by 25% from 15,000 to 18,750.

Click here to view in pdf format

FINANCE MINISTRY DA ORDER JAN 2014 -WHEN IT WILL COME-DA ARREARS CALCULATOR

FINANCE MINISTRY DA ORDER JAN 2014 -WHEN IT WILL COME-DA ARREARS CALCULATOR

FINANCE MINISTRY DA ORDER JAN 2014 -WHEN IT WILL COME

No one can deny the fact that DA is a very important allowance as of now. This applies to both state and central government employees. On the 28th of February 2014, 10 % DA increase was approved by the cabinet and then the announcement about the same came out. In the past, mostly, this announcement and the Finance Ministry order have come out in the month of March. Hardly, has this ever changed so far. So the finance ministry order on DA is expected to come soon.


After the order on the 10% DA is received, the corresponding DA value will be paid as arrears for the first two months and then it will paid along with the month’s salary. Similarly, every time when the DA touches 50%, some allowances can increase up to 25%. We have already got the benefits of the 50% DA increase. Now, as it has reached 100%, a formal announcement is expected to come out soon. Everyone can easily calculate the benefits that we’ll get from a 10% increase. However, for your convenience, I have attached a calculator to help you to find out how much you will get as two month’s arrears and the other benefits that you will get due to the DA increase.

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014
 

This is the first thing that all Central and State Government employees alike would eagerly like to know!

We are the first to calculate and write about ‘Expected DA’. We have been meticulously doing this task for the past five years. Without fail, we publish all the relevant information pertaining to DA, which is given twice every year (January 1, and July 1). It is our practice to calculate these numbers on the basis of certain indicators. 

Dearness Allowance is calculated entirely on the basis of price rise and inflation. Of utmost importance for the calculation is the AICPIN (All India Consumer Price Index). Labour Bureau, a Government agency releases these figures each month.

The Consumer Price Index (Industrial Workers) Base 2001 =100 is calculated based on the prices of 24 crucial items. They are also called “Fixed Basket of Goods.” They take into account the change in retail prices of these items.

Three most important constituents of the CPI-IW are the centre specific weighting diagrams, the retail price data and the house rent data. 78 towns are chosen and the list is formulated from the information gathered from these places. Each month’s AICPIN is released in the following month.

After 01.01.2006, according to the formula recommended by the 6th CPC, an approximate dearness Allowance for the month is calculated. At the end of June and December, the precise Dearness Allowance is calculated.

In order to calculate this year’s second instalment of Additional Dearness Allowance, AICPIN points of six months are required. As of now, the AICPIN of only one month has been released. In these circumstances, it wouldn't be right to make predictions. Actually, it would be wrong. 

Expected DA from 1.7.2014 - DA Table monthly wise...