7th Pay Commission may also raise salary-levels of PSU employees
Early Retirement for Shoddy Job, Variable Pay to Shock Government Staff
Five to six per cent annual pay hike of Central Government employees is likely to be linked to tangible performance criterion. Under-performers are likely to be retired by 55 or 30 years of service, according to the Seventh Pay Commission report to be submitted soon.
The overall hike being recommended by former Justice A K Mathur-headed 7th Pay Commission is around 30 per cent. The Central Government employees are scheduled to get salary hikes on the basis of the recommendations by January 1, 2016. According to sources, the house rent allowance too would see an increase by 20 per cent. But the most significant recommendation is that 5 to 6 per cent of the annual increment would be performance-based. There is also likely to be a provision of retiring underperforming employees by the age of 55 or 30 years of service, whichever is more. “The Commission has spoken to all stake-holders and the recommendations are ready. We are expecting to submit the report any time soon,” sources said.
Set up by the erstwhile UPA government in February 2014, the Seventh Pay Commission was given a four-month extension by the NDA Government. Its term is till December 31. The commission may also raise salary-levels of PSU employees.
PENSION FOR RETIRED COAL INDIA EXECUTIVES IS TOO LOW. THIS REQUIRES IMMEDIATE ATTENTION OF MOF,GOVT OF INDIA.
RETIRED EXECUTIVES OF CIL LEADING A MISERABLE LIFE AS COST OF TREATMENT & ON OTHER HEADS IS BEYOND OUR REACH.
SHOULD IT BE THE THE PRICE FOR SUCH AN HAZARDOUS JOB?
ANYBODY SPENDING 30 TO 40 YEARS IN COAL INDUSTRY WILL
LOOSE 20 PERCENT OF NORMAL LONGIVITY, FOR IT’S VERY NATURE.
DO PLEASE TAKE IT SERIOUSLY ,FOR GOD:S SAKE.
Sallary incriment for all govt employee (like central,psu and state.)should be Same for the same relevent position.
a/c to qualification position shoud also be same to all govt employee.