CPSE Pay Revision 2017
Bunching of Pay
BUNCHING OF PAY : There will no instances of bunching at the starting point of revised pay-scale in the CPSEs granting full fitment benefit of 15%, as all the existing pay ranges will find its place within the corresponding new pay scales.
In a situation where a lower fitment benefit (i.e. 10% or 5%) is granted by a CPSE due to affordability constraints, there will bunching at different grades due to revised Basic Pay falling short of reaching starting point of revised payscale. In cases of such CPSEs, in order to avoid bunching in the concerned revised pay-scale, either the difference between the ‘pre-revised Basic Pay’ and the ‘minimum of the pre-revised pay scale’ added to the starting point of revised pay-scale or the revised Basic Pay as arrived after applying the fitment benefit (i.e. 10% or 5% of BP & DA), whichever is higher, shall be the revised Basic Pay.
|Revised Pay Scales effective from Jan 2017|
|Fitment Benift and Methodology – Click to read more|
|Calculation of Annual Increment – Click to read more|
|Dearness Allowance Calculation – Click to read more|
|Rates of House Rent Allowance (HRA) – Click to read more|
|Perks and Allowances – Click to read more|
|Retirement Age Recommendations – Click to read more|
|Bunching of Pay – Click to read more|
|Retirement Benefits – Click to read more|
|Voluntary Separation Scheme (VRS) – Click to read more|
|Leave Regulations – Click to read more|
|Leased Accommodation – Click to read more|