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 executives … Read more
3rd Pay Revision for CPSE : Performance Related Pay (PRP) Performance Related Pay (PRP) :- The admissibility, quantum and procedure for determination of PRP has been given in Annexure- IV. The PRP model will be effective from FY 2017-18 and onwards. For the FY 2017-18, the incremental profit will be based on previous FY 2016-17. The … Read more
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 No. … Read more
Guidelines for fixation of pay of candidates working in Public Sector Undertakings etc., recommended for appointment by the Commission by method of recruitment by selection — regarding. F.No.12/3/2017-Estt.(Pay-I) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training North Block, New Delhi. Dated 28.07.2017 OFFICE MEMORANDUM Subject:- Guidelines for fixation … Read more
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 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 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
Superannuation Benefits Schemes for employees of CPSEs – clarification regarding Technical Formality No.W-02/0017/2014-DPE(WC)-GL-IV/17 Government of India Ministry of Heavey Industries & Public Enterprises Department of Public Enterprises Public Enterprises Bhawan Block No.1, CGO Complex, Lodhi Road, New Delhi, the 1st February, 2017 OFFICE MEMORANDUM Subject: Superannuation Benefits Schemes for employees of CPSEs – Clarification regarding … Read more
Cut-Off age to Borad level appointment in Central Public Sector Enterprises (CPSEs) F.No.18(2)/2017-MGMT Government of India Ministry of Heavy Industrial and Public Enterprises Department of Public Enterprises Public Enterprises Bhavan, Block No.14, CGO Complex, Lodi Road, New Delhi-110003 Dated the 23rd February, 2017 OFFICE MEMORANUDM Subject: Cut-Off age to Borad level appointment in Central Public … Read more
CPSE Pay Revision 2017 Revised Pay Scales effective from Jan 2017 The 3rd Pay Revision Committee recommends the revised pay-scales for the Board-level and Below Board level executives for each of the schedule of the CPSE i.e. Schedule-A, Schedule-B, Schedule-C & Schedule-D, effective from 1.1.2017. The Committee recommends the revised pay-scales for the Board-level and … Read more