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Simplification of withdrawal process - Documentary requirements for subscribers belonging to Grameen Dak Sevaks (GDS)

Simplification of withdrawal process - Documentary requirements for subscribers belonging to Grameen Dak Sevaks (GDS) who are covered under NPS-Lite-Swavalamban


PENSION FUND REGULATORY
AND DEVELOPMENT AUTHORITY
B-14/A,Chhatrapati Shivaji Bhawan
Qutab Institutlona Area,
Katwaria Sarai, New Delhi-110016

CIRCULAR
PFRDA/2016/12/Exit/04 
08.06.2016
To,
NPS Trust/CRA/Aggregators & other stakeholders

Simplification of withdrawal process - Documentary requirements for subscribers belonging to Grameen Dak Sevaks (GDS) who are covered under NPS-Lite-Swavalamban


This is with reference to feedback received from the concerned stakeholders comprising the subscribers belonging to NPS-Lite-Swavalamban including Grameen Dak Sevaks (GDS) on simplification of the procedural requirements basing on the low contribution levels and the level of awareness and literacy among the target segment of population covered under this category. The Authority has examined the matters pertaining to this category basing on the withdrawal applications received and the feedback from the withdrawal processing of these applications in order to identify the difficulties being faced and with a view to reduce the procedural burden in the interest of the subscribers.

Based on the examination of the issues concerned, the Authority has decided to simplify some of the documentary requirements and processes which are detailed as below in order to streamline the withdrawals processing of applications received under NPS-Lite-Swavalamban including the subscribers of GDS.

The following documents would be accepted as acceptable documents for processing of such withdrawal claims:

1) Certification by Nodal office - as acceptable proof of Know Your Customer (KYC) norms and Other Details - as per Annexure l

2) Revised Request cum Undertaking form for exercising the option to withdraw the entire accumulated corpus in terms of Regulation 5 (a) (ii) of PFRDA (Exits and Withdrawals under NPS) Regulation , 2015 - as per Annexure II

3) Further, the requirement of self-attestation of photograph by the subscriber for NPS-Lite- Swavalamban subscribers including GDS subscribers has been waived off. However, the requirement of photograph shall continue to apply.

Yours faithfully,

(Venkateswarlu Peri)
General Manager

ANNEXURE I

CERTIFICATION BY NODAL OFFICE - KYC AND OTHER DETAILS

Certified that Shri/Smt.... .... .... .... .... .... .... ... Son/Wife of Shri .... .... .... .... ... who is an employee of (office address) .... .... .... .... ... from (date) .... .... .... .... ... and is at present holding the post of .... .... .... .... ... and his/her identity is certified as provided in the NPS withdrawal application form along with the address as provided.

Further, the name and Bank account details as provided in the withdrawal application form by the subscriber shall be accepted as final.


Date .... .... .... .... ...
Signature of the certifying officer
Name:
Designation:
Address & Tel No:
of the certifying officer
Annexure II

(As per Regulation 5(a)(ii) of PFRDA (Exists & withdrawals) Regulations, 2015

REQUEST CUM UNDER TAKING FORM FOR WITHDRAWAL OF TOTAL PENSlON WEALTH AETER ATTAlNlNG THE AGE OF 60 YEARS AND WHERE THE TOTAL PENSION WEALTH IS EQUAL TO OR RS. 100,000/-

I, ........ .... .... .... ... .... .... .... ... S/D/W/O .... .... .... .... .... .... .... ... aged about ..........years, residing at .... .... .... .... ....... .... .... .... ....... .... .... .... ....... .... .... .... ....... .... .... .... ....... .... .... do hereby solemnly
affirm and declare as under:

1. That I am a subscriber of National Pension System, holding PRAN
2. That since the accumulated pension wealth in my retirement account being less than Rs.1,00,000/-, I would like to exercise my option for withdrawing the entire accumulated pension wealth without going for the mandatory annuitisation in terms of Regulation 5(a) (ii) PFRDA (Exits and Withdrawals under the National Pension System) Regulations 2015.

I also understand that with the aforesaid withdrawal, I or my family members shall not be entitled to receive any other or fUrther benefits under the National Pension System (NPS).

Date:
Place:
Signature/Thumb Impression of the Subscriber*


*in case of female, Right Thumb Impression and in case of males Left Thumb Impression may be taken

Source: http://www.pfrda.org.in

Fixation of pay in 7th CPC scales in respect of officials who got MACP-II from 2.1.2016 to 1.7.2016.

[For illustration purpose date of 2nd financial up-gradation under MACPS of a PA is taken as 18.1.2016]


(i)Pre-revised Basic Pay as per VI CPC scales on 1.1.2016                                         = 16750/- ( 13950 + 2800 G.P)

(ii)Granted 2nd MACP financial up-gradation on 18.1.2016 & Basic pay as per    = 18150/- (13950 + 4200 G.P)
       VI CPC scales on 18.1.2016 (opted to fix pay from DNI on 1.7.2016)

(iii)Basic pay as per VI CPC scales on 1.7.2016                                                            = 19180/- (14980 + 4200 G.P)
       (Pay fixation done on 2nd MACP financial up-gradation in VI CPC scales)

Pay fixation (in 3 different options exercised as per Rule 5 of CCS(RP) Rules, 2016) in 7thCPC scales:-

 (a)If option exercised to switch over to 7th CPC scales from 1.1.2016:-
1
Pre-revised Basic Pay as on 01.01.2016
16750/-  [13950 + 2800 (G.P)
2
Applicable level in Pay matrix
5
3
Amount at Col. 3 above arrived by multiplying by 2.57
43047.50 say 43048/-
4
Applicable cell level either equal to (or) just above the figure arrived at Col. 5
44100
5
Revised Basic  Pay on 1.1.2016 in 7th CPC pay matrix level
44100
6
Pay fixation on account of 2nd MACP financial up-gradation granted w.e.f. 18.1.2016 as per Rule 13 of CCS(RP) Rules, 2016.
46200/-  (level 6 in Pay matrix)
7
DNI as per Rule 9 of CCS(RP) Rules, 2016
1.1.2017 to the stage of Rs.47600/-
8
Eligibility of Arrears =                                       Arrears eligible from 1.1.2016 onwards.
(b)If option exercised to switch over to 7th CPC scales from the Date of Next Increment in pre-revised pay structure i.e. on 1.7.2016:-
1
Pre-revised Basic Pay as on 01.01.2016
16750/-  [13950 + 2800 (G.P)
2
Pay drawn in pre-revised pay structure i.e. VI CPC scales on account of 2nd MACP financial up-gradation w.e.f. 18.1.2016
13950 + 4200 (G.P) = 18150/-
3
Pay fixation done on 1.7.2016 in pre-revised pay structure i.e. VI CPC scales on account of 2nd MACP financial up-gradation granted from 18.1.2016
14980 + 4200 (G.P) = 19180/-
4
Applicable level in Pay matrix for Rs.4200/- G.P.(Pay Band -2)
6
5
Amount at Col.3 above arrived by multiplying by 2.57
49292.60 say Rs.49293/-
6
Applicable cell level either equal to (or) just above the figure arrived at Col. 5
50500/- (level 6 of Pay matrix)
7
Revised Basic  Pay on 1.7.2016 in 7th CPC pay matrix level
50500/-
8
DNI as per Rule 9 of CCS(RP) Rules, 2016
1.7.2017 to the stage of Rs.52000/-
9
Eligibility of Arrears. =  Arrears from 1.1.2016 to 30.6.2016 are to forego.  Arrears are eligible from
                                         1.7.2016 onwards.
(c)If option exercised to switch over to 7th CPC scales from the Date of Promotion/financial up-gradation under MACPS i.e. on 18.1.2016:-
1
Pre-revised Basic Pay as on 01.01.2016
16750/-  [13950 + 2800 (G.P)
2
Pay drawn in pre-revised pay structure i.e. VI CPC scales on account of 2nd MACP financial up-gradation w.e.f. 18.1.2016
13950 + 4200 (G.P) = 18150/-
[option already exercised for fixation in old pay scales from DNI on 1.7.16 cannot be revised now]
3
Applicable level in Pay matrix for Rs.4200/- G.P.(Pay Band -2)
6
4
Amount at Col.2 above arrived by multiplying by 2.57
46645.50 say Rs.46646/-
5
Applicable cell level either equal to (or) just above the figure arrived at Col. 4
47600/- (level 6 of Pay matrix)
6
Revised Basic  Pay on 18.1.2016 in 7th CPC pay matrix level 
47600/-
7
DNI as per Rule 9 of CCS(RP) Rules, 2016
1.1.2017 to the stage of Rs.49000/-
8
Eligibility of Arrears. = Arrears from 1.1.2016 to 17.1.2016 are to forego.  Arrears are eligible from
                                        18.1.2016 onwards.

NOTE:- Exercising option to switch over to 7th CPC scales from the date of next increment in pre-revised pay structure i.e. on 1.7.2016 would be beneficial [i.e. 1st proviso to Rule 5 of CCS(RP) Rules, 2016] by forgoing arrears from 1.1.2016 to 30.6.2016.

This article shared by 
Shri. G.Nagaraju, Accountant, o/o SPOs, Sangareddy Division

Availing of Home Town LTC for other places

Availing of Home Town LTC for other places

Vide DoPT’s O.M. No. 31011/3/2014-Estt.(A-IV) dated 26.09.2014, Government employees have been allowed to convert their Home Town LTC to visit Jammu & Kashmir, North-East Region and Andaman & Nicobar Islands under the present scheme upto 25.09.2016.


Government servants entitled to travel by air can avail this LTC from their Headquarters to the destination. While, the Government servants not entitled to travel by air may travel by air in Economy class in the following sectors:

(a) Between Kolkata/Guwahati and any place in NER
(b) Between Kolkata/Chennai/Bhubaneswar and Port Blair.
(c) Between Delhi/Amritsar and any place in J&K.

Journey for the non-entitled employees from their Headquarters up to Kolkata/ Guwahati/ Chennai/ Bhubaneswar/ Delhi/ Amritsar will have to be undertaken as per their entitlement.

Reimbursement under the Leave Travel Concession scheme does not cover incidental expenses and expenditure incurred on local journeys.

This was stated by the Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr. Jitendra Singh in a written reply to a question by Shri Pramod Tiwari in the Rajya Sabha today.


Source : PIB

Voluntary Retirement

Shri Q A Baig, SSPOs, Amravati Dn., Nagpur Region is retiring from Government Service on Voluntarily on 08.08.2016.
This Association Wishes him a very Happy and Healthy Retired Life.

IP / ASP delegation met Union Minister of State (Finance & Corporate Affairs) at New Delhi


Today (3/8/2016) a delegation of 25 IP / ASP working in Directorate and Delhi Circle met with Hon'ble Shri Arjun Ram Meghwal, Union Minister of State (Finance and Corporate Affairs) at his residence to discuss the issue of upgradation of Grade Pay of Inspector (Posts) from Rs. 4200/- to Rs. 4600/- w.e.f. 01.01.2006  with consequential benefits including arrears of pay and allowances, in  light of the Hon’ble CAT judgement dated 15.10.2015 in the OA No. 289/2013. 

S/Shri Roop Chand, P. Permanand, P. Ajith Kumar, Anup Kumar, Jitender Kapoor and Shukhnandan Dhondiyan took part in the discussion. The delegation handed over letter No. CHQ/AIAIASP/PAY/7CPC/2016 dated 02/08/2016.  The discussion is said to be held in healthy atmosphere. Hon'ble Minister has given an assurance that he will look into the matter personally. 





Half the battle WON regarding upgradaton of Grade Pay of Inspector Posts from Rs.4200 to Rs.4600

Dear friends,

First of all thanks for your support and cooperation regarding our fight for upgradaton of Grade Pay of Inspector Posts from Rs.4200 to Rs.4600. With all your support, this blog was created in November, 2008 just after the upgradation of Grade Pay of Inspector CBDT/CBEC. Initially, OA No.381/2010 and subsequently, OA No.289/2013  were filed before CAT Ernakulam Bench with all your guidance  and support. 

We already have moved ahead from the days of strong opposition by our own Association against creation of this blog & filing of 1st CAT case and there is no meaning of discussing all those things now.

After long fight, our demand for upgradaton of Grade Pay of Inspector Posts from Rs.4200 to Rs.4600 has been accepted by the Government and the same has been notified in the Central Civil Services (Revised Pay) Rules, 2016 issued by Ministry of Finance. Hence, reasonableness of our demand has been certified by the Government as well.


However, only half of the battle is won and our fight will continue in view of the fact that this upgradation of Grade Pay of Inspector Posts from Rs.4200 to Rs.4600 has been given w.e.f 01.01.2016. For getting the benefit of this upgradation from 01.01.2006, our case is pending at Ministry of Finance. The concerned case file has already been forwarded by Department of Posts to Department of Expenditure, Ministry of Finance. We are trying to apprise the matter to our Hon’ble MoS for Finance with in 4-5 days and hopefully next week we will be in a position to update further in this blog.

Hoping for your cooperation till the end of our fight for getting the benefit of this upgradation from01.01.2006.

Thanks.

Permanand.



Gujarat government to implement 7th Pay Commission from August 1


7th pay commission, pay commission, seventh pay commission, pay commission news, 7 pay commission, business news, gujarat pay commission, gujarat 7th pay commission, anandiben patel, gujarat news, india newsFinance Minister Arun Jaitley with Gujarat Chief Minister Anandiben Patel in Ahmedabad on Sunday. (Express Photo: Javed Raja)
In a major bonanza for over 8.77 lakh Gujarat government employees and pensioners ahead of next year’s assembly polls, Chief Minister Anandiben Patel on Sunday announced the implementation of 7th Pay Commission from August 1.
Over 4.65 lakh Gujarat government employees and more than 4.12 lakh pensioners would benefit from this decision, a release from the Chief Minister’s Office (CMO) said. However, the state government employees will not get pay hike benefits from January 1 this year as accepted by the Centre, instead it will be effective from August 1.
“Chief Minister Anandiben Patel has accepted the recommendations of 7th Pay Commission and announced to implement it in the state from August 1,” it said.
The Centre had on July 25 notified the implementation of 7th Pay Commission for Central Government employees from January 1. As per the release, the new hike will benefit employees and pensioners of state government, panchayats and granted institutions in Gujarat.
“Employees of class-4 to class-1 will now get a hike of 14.60 per cent to 25 per cent in their salaries,” it added.
As the Centre is now expected to start deliberations to decide the hike in allowances, the state government will take appropriate decision about allowances as per the announcement by the Centre, added the release.
Earlier, Gujarat government spokesperson and state Finance Minister Saurabh Patel had said that the government may have to bear an extra-burden of Rs 6,000 crore annually if it decides to implement the pay hike suggested by the 7th Pay Commission.
The elections in Gujarat are scheduled to be held in the later part of 2017.
Source : The Indian Express

User Guide on Core Banking Solution - DOP Finacle


Source : SA Post

7th Pay Commission increment in revised pay structure – Illustration

7th Pay Commission increment – Revised Pay Rules 2016, provides for two dates for annual increments viz., 1st January and 1st July 2016 to take care of delayed annual increments and consequent Pay anomaly


(1) There shall be two dates for grant of increment namely, 1st January and 1st July of every year, instead of existing date of 1st July:

Provided that an employee shall be entitled to only one annual increment either on 1st January or 1st July depending on the date of his appointment, promotion or grant of financial upgradation.

(2) The increment in respect of an employee appointed or promoted or granted financial upgradation including upgradation under Modified Assured Career Progression Scheme (MACPS) during the period between the 2nd day of January and 1st day of July (both inclusive) shall be granted on 1st day of January and the increment in respect of an employee appointed or promoted or granted financial upgradation including upgradation under MACPS during the period between the 2nd day of July and 1st day of January (both inclusive) shall be granted on 1st day of July.

Illustration: (a) In case of an employee appointed or promoted in the normal hierarchy or under MACPS during the period between the 2nd day of July, 2016 and the 1st day of January, 2017, the first increment shall accrue on the 1st day of July, 2017 and thereafter it shall accrue after one year on annual basis.

(b) In case of an employee appointed or promoted in the normal hierarchy or under MACPS during the period between 2nd day of January, 2016 and 1st day of July, 2016, who did not draw any increment on 1st day of July, 2016, the next increment shall accrue on 1st day of January, 2017 and thereafter it shall accrue after one year on annual basis:

Provided that in the case of employees whose pay in the revised pay structure has been fixed as on 1st day of January, the next increment in the Level in which the pay was so fixed as on 1st day of January, 2016 shall accrue on 1st day of July, 2016:

Provided further that the next increment after drawal of increment on 1st day of July, 2016 shall accrue on 1st day of July, 2017.

(3) Where two existing Grades in hierarchy are merged and the junior Government servant in the lower Grade happens to draw more pay in the corresponding Level in the revised pay structure than the pay of the senior Government servant, the pay of the senior government servant shall be stepped up to that of his junior from the same date and he shall draw next increment in accordance with this rule.

There shall be two dates for grant of increment namely, 1st January and 1st July of every year, instead of existing date of 1st July; provided that an employee shall be entitled to only one annual increment on either one of these two dates depending on the date of appointment, promotion or grant of financial up-gradation.

Source : SA Post

Consumer Price Index for Industrial Workers (CPI-IW) – June, 2016

AICPIN for June 2016 – Calculation of DA from July 2016 is completed


No.5/1/2016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004
DATED: 29th July, 2016

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – June, 2016

The All-India CPI-IW for June, 2016 increased by 2 points and pegged at 277 (two hundred and seventy seven). On 1-month percentage change, it increased by (+) 0.73 per cent between May, 2016 and June, 2016 when compared with the increase of (+) 1.16 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 2.51 percentage points to the total change. At item level, Rice, Wheat, Besan, Black Gram, Gram Dal, Groundnut Oil, Eggs (Hen), Goat meat, Poultry (Chicken), Milk, Garlic, Onion, Tomato, Potato Brinjal, Cabbage, other seasonal Vegetables, Tea Leaf, Doctors’ Fee, Petrol, Repair Charges, etc. are responsible for the increase in index. However, this increase was checked by Arhar Dal, Fish Fresh, Coconut, Mango (Ripe), Electricity Charges, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.13 per cent for June, 2016 as compared to 6.59 per cent for the previous month and 6.10 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.33 per cent against 8.48 per cent of the previous month and 6.67 per cent during the corresponding month of the previous year.

At centre level, Mercara reported the maximum increase of 13 points followed by Vadodara (12 points), Darjeeling and Ahmedabad (10 points each), Bhavnagar (9 points) and Nagpur (8 points). Among others, 7 points increase was observed in 2 centres, 6 points in 5 centres, 5 points in 5 centres, 4 points in 5 centres, 3 points in 12 centres, 2 points in 15 centres and I point in 14 centres. On the contrary, Quilon recorded a maximum decrease of 6 points followed by Chennai (4 points), Salem (3 points) and Coonoor (2 points). Among others, 1 point decrease was observed in 3 centres. Rest of the 7 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and other 44 centres’ indices are below national average.

The next issue of CPI-IW for the month of July, 2016 will be released on Wednesday, 31st August, 2016. The same will also be available on the office website www.labourbureaunew.gov.in.

(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL