3rd Pay Revision for CPSE : Superannuation Benefits and Medical Benefits

3rd Pay Revision for CPSE : Superannuation Benefits and Medical Benefits Superannuation Benefits: The existing provisions regarding superannuation benefits have been retained as per which CPSEs can contribute upto 30% of BP plus DA towards Provident Fund (PF), Gratuity, Post-Superannuation Medical Benefits (PRMB) and Pension of their employees. 12.1 The ceiling of gratuity of the … Read more

3rd Pay Revision for CPSE : Implementation order issued by DPE on 3.8.2017

3rd Pay Revision for CPSE : Implementation order issued by DPE on 3.8.2017 Pay Revision of Board level and below Board level Executives and Non-Unionised Supervisors of Central Public Sector Enterprises (CPSEs) w.e.f. 01.01.2017. No. W-02/0028/2017-DPE (WC)-GL-XIII/17 Government of India Ministry of Heavy Industries and Public Enterprises Department of Public Enterprises Public Enterprises Bhawan Block … Read more

Equal Pay for Equal Work in CPSUs

Equal Pay for Equal Work in CPSUs As per information received from Department of Personnel & Training (DoPT), the instructions regarding equal pay admissible to casual workers already exists in terms of DoPT O.M. No. 49014/2/86 Estt. (c) dated 07.06.1988. Further, Central Public Sector Enterprises (CPSEs) are under the administrative control of their respective Ministries … Read more

Evaluation of Performance of CPSUs

Evaluation of Performance of CPSUs Evaluation of the performance of Central Public Sector Enterprises (CPSEs), against targets fixed in their respective Memorandum of Understanding for a financial year is done after the end of the financial year. The details of the evaluation of the achievements of CPSEs for the last three years is enclosed at … Read more

Retirement Facilities for Employees Resigned from CPSEs

Retirement Facilities for Employees Resigned from CPSEs Department of Public Enterprises (DPE) issued OM No. W-02/0017/2014-DPE(WC) dated 01.02.2017 clarifying the term “technical formality clause” as mentioned in point xvi) of OM No. W-02/0017/2014-DPE (WC) dated 21.05.2014. This has no effect on the provisions of the OM dated 21.05.2014. In term of para vii) read with … Read more