Committee to look into anomalies of 7th Pay Commission & NPS implementation
New Delhi, June 29 (IANS) The Union Cabinet, which on Wednesday announced implementation of the 7th Pay Commission, has decided to constitute three separate committees, including one to look into the anomalies likely to arise out of enforcement of the commission’s Report.
“The two separate committees constituted includes for suggesting measures for streamlining the implementation of National Pension System (NPS) and to look into anomalies likely to arise out of implementation of the Commission’s Report,” said the statement.
The cabinet approved the Seventh Pay Commission Report’s recommendations for central government employees, which will impact the some 47 lakh central government employees and 53 lakh pensioners.
The cabinet has also constituted a committee to address the implementation issues vis-a-vis revision of pension.
“The general recommendations of the Commission on pension and related benefits have been approved by the Cabinet. Both the options recommended by the Commission as regards pension revision have been accepted subject to feasibility of their implementation,” an official statement said.
Read at: CanIndia
COMMENTS
It may be noted that the recommendations made by the VIth CPC on various allowances were implemented only from 1.9.2008,i.e. after 32 months. That may probably one of the be the reasons, Government need to take more time to study and implement at a later date.
As of now , serving employees will get 32 % of their basic pay (Pay in the PB plus Grade Pay) as fitment benefit on fixation of their revised pay in the VII th CPC scales. In the case of pensioners retired either on or after 1.1.2006 or retired prior to 1.1.2006 and whose revised pension was consolidated as on 1.1.2006 will also get the same 32 % of their pension as fitment benefit.