CENTRAL GOVERNMENT EMPLOYEES NEWS

  • Holidays
  • CSD Price
  • Pay Matrix
  • Expected DA

Expected DA Jan 2020 Calculator for CG Employees
Expected Bank DA Calculator 2020 for Bank Employees and Officers
Expected CPSE IDA Jan 2020 Calculator

DA from January 2021 – Expectation and Calculation
AICPIN for the month of August 2020

Pension Committee and Cabinet has rejected the more beneficial option – Confederation

May 5, 2017

Pension Committee and Cabinet has rejected the more beneficial option – Confederation

“Please wait for detailed orders before coming to any conclusion”

PENSIONER’S PARITY

We are getting many phone calls and messages from Central Government Pensioners and employees regarding the Cabinet decision on 03.05.2017. Government has approved the recommendations of the Committee headed by Secretary (Pension) constituted by it as per the cabinet decision on 29.06.2016. The full details of the cabinet decision will be known only after issuing orders by Pension Ministry. The Pension Committee has told the JCM Staff Side that instead of Option-I parity, recommended by 7th CPC, it is considering 5th CPC recommended parity. It is presumed that the decision of the Cabinet may be to extend 5th CPC recommended parity to pre-2016 pensioners as recommended by Pension Committee. We are waiting for detailed orders to confirm.

Regarding option-2 parity recommended by 7th CPC, the Pension Committee and Cabinet has rejected the recommendations as NOT FEASIBLE, eventhough JCM Staff side has tried its best to convince the Pension Committee that it is Feasible. The intention behind the Cabinet decision dated 29.06.2017 to constitute a committee to examine the feasibility of option-I recommended by 7th CPC was to deny the Option-I parity which is more beneficial to pre-2006 pensioners than the 5th CPC Parity. Of course 5th CPC parity is also beneficial but option-I parity of 7th CPC is more beneficial to many employees.

Confederation of Central Government Employees and workers shall continue its struggle for Option-I parity alongwith the National Coordination Committee of Pensioners Association (NCCPA).

The details of the 3rd May Cabinet decision will be published as and when orders are issued by Government. Please wait for detailed orders before coming to any conclusion.

(M. Krishnan)
Secretary General
Mob: & WhatsApp – 09447068125
Email: [email protected]

Source: Confederation

Also read this...

  • Option -1 for Pre-2016 Pensioners Rejected – Confederation
  • Pensioner’s Option – 1 Mercilessly Rejected – Confederation
  • Pension Calculation: Option-1 recommended by 7th CPC is rejected
  • Arrears on Allowances including HRA and Transport Allowance is going to be rejected – Confederation
  • Option for Revising 7th CPC pay on Increment date is Beneficial in Rare cases
  • 7th CPC Pension Calculation : Implementation of First Option after Committee Report
  • Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    Copyright © 2021 www.cgemployeesnews.in