AICPIN JULY 2020 - EXPECTED DA FROM JAN 2021 STARTED!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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