3rd Pay Revision for CPSE
Methodology for Pay Fixation
Also Check: 3rd Pay Revision for CPSE : Implementation order issued by DPE on 3.8.2017
Methodology for pay fixation: To arrive at the revised Basic Pay as on 1.1.2017 fitment methodology shall be as under:
| A | Basic Pay + Stagnation increment(s) as on 31.12.2016 (Personal Pay / Special Pay not to be included) series] |
| + | |
| B | Industrial Dearness Allowance (IDA) @119.5% as applicable on 1.1.2017 [under the IDA pattern computation methodology linked to All India Cumulative Price Index (AICPI) 2001=100 |
| + | |
| C | 15% / 10% / 5% of (A+B) |
| = | |
| D [Revised BP as on 1.1.2017] * |
Aggregate amount rounded off to the next Rs.10/-. |
* In case revised BP as on 1.1.2017 arrived so is less than the minimum of the revised pay scale, pay will be fixed at the minimum of the revised pay scale.
4 Pay revision in respect of Non-unionized Supervisors of CPSEs: The revision of scales of pay for Non-unionized Supervisory staff would be decided by the respective Board of Directors.
5. The applicability of affordability clause in respect of certain types of CPSEs is given at Annexure II.
- 3rd Pay Revision for CPSE : FITMENT BENEFIT
- 3rd Pay Revision for CPSE : METHODOLOGY FOR PAY FIXATION
- 3rd Pay Revision for CPSE : INCREMENT
- 3rd Pay Revision for CPSE : DEARNESS ALLOWANCE
- 3rd Pay Revision for CPSE : HRA and HRR
- 3rd Pay Revision for CPSE : PERFORMANCE RELATED PAY (PRP)
- 3rd Pay Revision for CPSE : SUPERANNUATION BENEFITS
- 3rd Pay Revision for CPSE : LEAVE REGULATIONS/MANAGEMENT
- 3rd Pay Revision for CPSE : DATE OF IMPLEMENTATION AND PAYMENT OF ALLOWANCES
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