FINMIN SEEKS STATUS REPORT ON PAY REVISION TALKS FROM PSB Keen to close pay negotiations in public sector banks by November 1, 2017, the Finance Ministry has asked the lenders to present status report on salary hike talks with their employee unions. The chief executives of PSBs have been asked to intimate the ministry about … Read more
Extend the benefit of Gratuity to all NPS Employees IMPORTANT GOVT ORDER A MAJOR VICTORY OF THE STRUGGLE OF CENTRAL GOVT EMPLOYEES: Confederation of central Govt Employees & Workers have been continuously fighting against pension reforms implemented by Govt in tune with the neo-liberal policies and demanding SCRAPPING OF THE NEW PENSION SYSTEM (NPS). Further … Read more
7th Pay Commission: Salary hike likely for Karnataka govt employees; CM hints at setting up new panel Karnataka Chief Minister Siddaramaiah gave a strong indication to state government employees on Thursday when he hinted at setting up a pay panel to explore the possibility of salary hike that would benefit about 6.40 lakh employees. “State … Read more
NPS Employees shall eligible for benefit of ‘Retirement gratuity and Death gratuity’ as per CCS (Pension) Rule,1972 – Finance Ministry issued orders on 26.8.2016 Extension of benefits of (Retirement Gratuity and Death Gratuity) to the Central Government employees covered by new Defined Contribution Pension System (National Pension System)- regarding. No.7/5/2012-P&PW(F)/B Ministry of Personnel, Public Grievances … Read more
Govt staff showered with 2-wheeler discounts Two-wheeler majors, including Hero MotoCorp and Honda, have started offering exclusive discounts and offers to government employees and pensioners to expand sales. The move comes after enhanced pay packages under the Seventh Pay Commission came into effect from January this year. Since then, arrears of the preceding months, too, … Read more