3rd Pay Revision for CPSE
Methodology for Pay Fixation
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)|
[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.
Expected DA from July 2019: DA 4% Confirm…5% Possible! - Click for more details
5. The applicability of affordability clause in respect of certain types of CPSEs is given at Annexure II.
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