• Home
  • 7th Pay Matrix
  • Pay Calculator
  • DA Table
  • DA News
  • 7th CPC News
  • KV Fees

Central Government Employees Latest News

7th Pay Commission Latest News Today 2022, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, CSD AFD Online Portal, Holiday List PDF, 8th Pay Commission Latest News

Latest 7th pay commission pay scale calculator
  • Holidays 2023
    • Holidays 2022
    • Holidays 2021
    • Holidays 2020
    • Holidays 2019
    • Holidays 2018
  • DoPT Orders
  • Expected DA
  • AICPIN
  • CSD AFD
  • Retirement Age
  • OROP
  • Gold Price
You are here: Home / Standing Committee Discussion Points S.No.7 – Scrap PFRDA Act and reintroduce the defined benefit statutory pension scheme

7th Pay Commission Latest News Today 2022
Central Government Employees News Today 2022
Salary Calculator 34% DA 7th Pay Matrix Table
Expected DA July 2022 8th Pay Commission News
DA Latest News Today 2022 Latest 7th CPC News
Bank Holiday List 2022 CG Gazetted Holidays 2022

7th CPC Pay Fixation Calculator Retirement Date Calculator 2022
Leave Encashment Calculation & Calculator 2022 KVS Fee Online Payment 2022-23
DA Calculation Formula, Sheet Govt First Salary Calculator

Standing Committee Discussion Points S.No.7 – Scrap PFRDA Act and reintroduce the defined benefit statutory pension scheme

Standing Committee Discussion Points S.No.7 – Scrap PFRDA Act and reintroduce the defined benefit statutory pension scheme

S.No.7 — Scrap PFRDA Act and reintroduce the defined benefit statutory pension scheme.

The representative of Department of Financial Services informed that a committee has been constituted to look into the issue and suggest measures to streamline the NPS and make it more effective. It was informed that the Committee had also held discussion with the representatives of the Staff Side.

The Staff-Side stated that while discussions have been held, it has also been made clear by the said Committee that they cannot commit on a minimum pension. It was stated that although the defined benefit pension scheme has been re-introduced in many places and the experience of those organisations should be taken into account, the fact remains that employees are not getting any benefit of the New Pension Scheme though they are the people who have put in their money. It was informed that these concerns were expressed before the said Committee but there has been no response. Even a minimum assured pension as provided in CCS(Pension) Rules-1972, Family Pension, Disability Pension are not guaranteed and there is no provision for GPF.

Hearing the Staff-Side, Chairman remarked that the mandate of the Committee seems to be about the NPS and making it more effective. Noting that the Staff-Side are in favour of scrapping of the PFRDA Act and reverting to the old pension scheme, it was directed to the representatives of Department of Financial Services and Department of Pensions & Pensioners’ Welfare to bring the concerns expressed by the Staff-Side to the notice of the Committee set up to streamline the NPS.

It was also decided that in the light of discussions, the Staff- Side may await the report since the entire matter is with the NPS committee.

{Action: M/o Railways, DPS/P&PW}


Also Check: Central Government Pay Matrix Table 2022 PDF
Related updates:

    Scrap PFRDA Act and reintroduce the defined benefit statutory pension scheme
    Standing Committee Discussion Points S.No.28 – Enhanced Bonus Ceiling to GDS
    Standing Committee Discussion Points S.No.2 – Include Grameen Dak Sewaks within the ambit of 7th CPC
    Standing Committee Discussion Points S.No.12 – Ensuring five promotions in the service career
    Standing Committee Discussion Points S.No.8 – No outsourcing, contractorisation, privatisation of governmental function
    Standing Committee Discussion Points S.No.6 – No ban on recruitment/creation of posts
    Standing Committee Discussion Points S.No.3 – Settle all anomalies of the Sixth Central Pay Commission

Top Stories

7th Pay Matrix Table
DA Latest News 2022
KV Fee Structure 2022
7th CPC Salary Calculator July 2021
Bakrid Date in India 2022
7th CPC DA Calculation 2022
Amavasya Date Calendar 2022
Expected DA Calculator July 2022
7th Pay Matrix Level 6
First Month Salary Calculator 2022
Pay Matrix Full Size Image
Post Office Holidays 2022
HRA New Rates 2022
New TA Rates 2022
SBI Bank Holidays 2022
Pay Matrix Level 7 Salary 2022
Pay Level 4 Salary 2022
Pay Matrix Level 8 Salary 2022
7th Transport Allowance New Rates 2022
7th CPC Increment Calculation 2022

7th Pay Commission Latest News for Pensioners Today 2022

Fitment Factor Table PDF
7th CPC Pay Fixation
7th CPC Pension Calculation
7th CPC Pension Fixation Examples
7th CPC Voluntary Retirement Scheme
DA Calculation as per 7th CPC
7th CPC MACP Scheme
7th CPC Children Education Allowance
7th CPC Transport Allowance
7th CPC Increment
7th CPC HRA
7th CPC Classification of Posts
7th CPC Armed Forces Personnel
7th CPC House Building Advance
7th CPC Leave Rules
7th CPC Travelling Allowance
7th CPC LTC Rules
7th CPC Reservation Policy
7th CPC Risk and Hardship Matrix
7th CPC New Pension Scheme
7th Pay Commission Fitment Table
7th CPC Allowances
7th CPC Advances
7th CPC AICPIN
7th CPC Briefcase Allowance
7th Pay Commission CGEGIS
7th CPC Dress Allowance
7th CPC Child Care Leave

Recent Discussions

  • M.K.KUMAR on 7th CPC MACP Scheme | Latest Clarification on MACP Scheme
  • M.K.KUMAR on Karnataka Pension and Family Pension Calculator
  • Rvr Murthy on Amendment of CCS Rules for Persons with Disabilities
  • SANJOY MANDAL on 7th CPC MACP Scheme | Latest Clarification on MACP Scheme
  • k hanumantha rao on Pension Call Centre Opened: Toll Free No. 1800117788
  • M.K.KUMAR on 7th CPC MACP Scheme | Latest Clarification on MACP Scheme
  • M.K.KUMAR on Leave Encashment Calculation Formula | Earned Leave Salary Calculation

7th Pay Matrix Table

7th CPC Pay Matrix Table – Full size image for reference
UP Govt Pay Matrix Table PDF Download
Pay Matrix Level 2 (19900): Hand Salary Calculation
7th CPC Pay Matrix Chart for Level 1 to 5 (GP 1800 to 2800)
Pay Matrix Table for Haryana Govt Employees – Level 1 to 5
Rajasthan Pay Matrix Table – Pay Matrix Level 10 to 13
7th CPC Pay Matrix Chart for Level
Pay Matrix Table for Haryana Govt Employees – Level 6 to 9
Rajasthan Pay Matrix Table – Pay Matrix Level 14 to 20
7th CPC Pay Matrix Chart for Level 10 to 12 (GP 5400 to 7600)
Salary Increment Table for Pay Matrix Level 11 (GP 6600)
7th CPC Pay Matrix for IIT, IIS, IIM, NITIE, IISER, NIT and IIIT
7th CPC Pay Matrix Table Level 13, 13A and 14
7th Pay Commission Pay Matrix Level 3
WB 6th Pay Commission Pay Matrix Table
Pay Calculator for Gujarat Govt Employees

Copyright © 2022 - Central Government Employees News - 7th Pay Commission News - Site maintained by TEUT Digital Concepts