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================ Blog maintained by : P. Radhamohan Nair, Private Secretary to Post Master General, (Retired) Northern Region, Calicut, Kerala Circle=================

Friday, September 30, 2016

7th Pay Commission - Bunching model request letter - reg


From
           
Your Address Details
To
           
The Superintendent of POS,
            Through: Proper channel.
Sir,
            Sub: Requesting drawal of increment for bunching of stages in the
                    Revised Pay Structure  under CCS Revised Pay Rules 2016 –reg
            Ref: DG’s letter number 7-2/2016-PC dated 12.09.2016.

          My existing pay as on 1.1.16 is 11510 with grade pay 2400/- in the scale 5200-2400-20200 and on my option to switch over to CCS RP 2016 my pay was fixed in the corresponding level 4 of pay matrix at 29600/-.

          Instantly those who are drawing at the stage of 11170 in the pre revised  in the same pay structure have also been fixed at 29600/-.

          Since my pay in the pre revised pay is 3 % more than those who were getting lower pay but got fixed in same the pay in level 4 of pay matrix of the Revised pay ,my case  constitutes bunching in terms of para 2 of the DG on cited.

          I therefore request that my bunching may kindly be caused to alleviated by granting one more increment and pay refixed at next cell downwards in level 4 at 31400/-
Thanking you,
Place :                                                                                     Yours faithfully,
Date :            

Revision of interest rates for Small Savings Schemes to be effective from third quarter of Financial Year 2016-17


Instruments
Rate of interest 
w.e.f. 01.07.2016
 
to 30.09.2016
Rate of interest 
w.e.f. 01.10.2016
 
to 31.12.2016
Compounding 
frequency*
Saving Deposit
4.0
4.0
Annually
1 Year Time Deposit
7.1
7.0
Quarterly
2 Years Time Deposit
7.2
7.1
Quarterly
3 Years Time Deposit
7.4
7.3
Quarterly
5 Years Time Deposit
7.9
7.8
Quarterly
5 Years Recurring Deposit
7.4
7.3
Quarterly
5 Years Senior Citizens Savings Scheme
8.6
8.5
Quarterly and paid
5 Years Monthly Income Account Scheme
7.8
7.7
Monthly and paid
5 Years National Savings Certificate
8.1
8.0
Annually
Public Provident Fund Scheme
8.1
8.0
Annually
Kisan Vikas Patra
7.8 
(will mature in
 
110 months)
7.7
(will mature in
 
112 months)
Annually
Sukanya Samriddhi Account Scheme
8.6
8.5
Annually

Fixation of pay and grant of increment in the revised pay structure – clarifications reg


No.1-6/2016-IC(Pt.)
Government Of India
Department Of Expenditure
Implementation Cell
Room No.214, The Ashok, New Delhi
Dated the 29th September, 2016
OFFICE MEMORANDUM
Subject: Fixation of pay and grant of increment in the revised pay structure – clarifications regarding.


         Following the notification of Central Civil Services (Revised Pay) Rules, 2016, this Department has received references seeking clarification regarding various aspects of fixation of pay in the revised pay structure as also pay fixation and grant of increment in future under revised pay structure. The matter has been considered in this Department and the points of doubts are clarified as under:
Sl.No
Point of doubt
Clarification
1. 
As per the provisions of FR 22 (I) (a) (1), the Government servants (Other than those appointed on deputation to ex-cadre post or ad hoc basis or on direct recruitment basis) have the option, to be exercised within one month from the date of promotion, to have the pay fixed under this rule from the date of such promotion/appointment or from the date of next increment. 

Some of the employees, promoted between 01.01.2016 and the date of notification of CCS (RP) Rules, 2016 had opted for their pay fixation on promotion/financial up-gradation under MACPS from the date of their next increment in the lower grade. Consequent upon notification of CCS (RP) Rules, 2016 i.e 25th July, 2016, the option submitted by such employees has now turned out to be disadvantageous. 
Whether such employee may be allowed to revise theiroption under FR 22 (i)(a)(1) at this stag. 

Under the changed circumstances after notification of CCS (RP) Rules, 2016, the employee may be allowed to exercise revised option for fixation of pay under FR 22(I)(a)(1). Such revised option shall be exercised within one month of issue of this OM. Option so revised, shall be final 
2 
Whether Employees appointed/promoted/granted financial up-gradation during 02.01.2015 and 01.07.2015 will be entitled to grant of one increment on 01.01.2016. 
Since the provisions of CCS (RP) Rules, 2016 are effective from 01.01.2016, no increment shall be allowed on 01.01.2016 at the time of fixation of pay in the revised pay structure. 
(R.K.Chaturvedi)
Joint Secretary to the Govt.of India
Tel: 011-2611 6646




Source : http://www.finmin.nic.in/7cpc/7thCPC_PayFixation_revisedpaystructure.pdf