The department of posts (DoP), which has recently acquired a certificate of registration from the Pension Fund Regulatory and Development Authority (PFRDA) as one of the points of presence, is gearing up to offer services under the New Pension System (NPS) by the middle of February.
Officials of the postal department said modalities for formally offering services as a point of presence (PoP) is being worked out. “We are working on modalities to offer our services to under NPS. We hope to have everything in place by middle of February to NPS subscribers,” Manisha Sinha, director (financial services), department of posts, told Financial Chronicle. PoPs act as the interface between subscribers and the NPS.
Sinha said that among the issues that need to be resolved is the compatibility of the technology platform of the post offices that would offer the NPS products. “We are working on our IT set up and its compatibility with the Central Recordkeeping Agency (CRA) of the NPS,” she said.
The National Securities Depository (NSDL) is the sole CRA under the NPS.
Ashok Pal Singh, deputy director general (technology) department of posts, said that the IT compatibility would be implemented soon. “The technology sophistication of postal department is being upgraded to be compatible with the requirement of NPS,” Singh said. The department of posts has decided to offer its services from 800 post offices initially and gradually scale it up. “We will bring in more post offices as we go along. Eventually, we should be able to offer NPS products from all the 12,000 post offices,” Sinha said.
At present, the NPS is being distributed by 21 entities through nearly 800 branches spread all over the country. PFRDA is working with these institutions to bring all their branches under NPS in a time-bound manner. NPS will now be sold through over 1600 outlets of DoP and other entities.
Sinha said that the transaction volumes under NPS are still thin and there would not be significant fee income at the present state of development of the system. “If you ask me whether this is good business, I think it is not so yet. NPS is a volumes game, which is very low. One has to generate awareness and increase access points to bring in more subscribers,” Sinha said. The NPS, which was launched on May 1, 2009, has barely roped in over 3000 subcribers till date.
The postal department had earlier voiced its concern over the low fees of the points of presence. PoPs earn Rs 20 as fees per transaction handled by them. “We did express reservations on the fees which we feel is low. But one of the main reasons for joining the NPS was that is was absolutely necessary to have retail presence like that of the post offices to make NPS a success,” Sinha said.
“We are part of government and we feel it is our duty to support a government initiative,” Singh said.
Source : MyDigitCom
Contains important orders of Government granting various allowances, promotional benefits and other service benefits to the Postal officials. Contains important circulars of Departments about the latest schemes/services to the public. Contains calculation sheets to work out the arrears of various allowances granted from time to time to the officials.
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Pay Calculator (Under Maintenance)
Pay Calculator (Under Maintenance)
| Present Pay including Grade Pay Rs. | |
| Present Grade Pay and Pay Band | |
| Select present HRA rate | |
| Select your eligibility for higher transport allowance (Offices located in A-1/A Cities) |
| New Basic Pay (Existing pay * 2.57) | |
| Corresponding New Pay Level | |
| Fitment in the New Pay Level | |
| HRA | |
| Transport Allowance | |
| Gross Emoluments |
Illustration 1: If an employee H is presently drawing Pay of Rs 55,040 (Pay in the Pay Band Rs 46340 + Grade Pay Rs 8700 = Rs 55040), his pay should be entered in the calculator as Rs 55040 i.e including Grade Pay. The Pay will be fixed as Rs 1,41,600 (Example No I in Para No 5.1.29)
Illustration 2: If an employee T is presently drawing pay of Rs 24,200 (Rs 20,000 + 4,200) and if the post occupied by T is placed one level higher in GP 4600, then the basic pay should be entered as Rs 24,600 (Rs 20,000 + 4,600) and the pay will be fixed as Rs 64,100 (Example No II in Para 5.1.29). Hence, this example is applicable to Inspector Posts in our Department.
Illustration 3: In our Department the GP of IP/ASP/SP has been upgraded to Rs 4600, 4800 and 5400 respectively. Hence as per the Illustration 2 given below Para 5.1.29, the MACP IPs and MACP ASPs are eligible for GP Rs 4800 and Rs 5400 respectively. i.e their new pay level would be 8 and 9.
7 CPC Pension Calculator
7th Pay Commission - Pension Calculator
| Present monthly basic pension fixed as per 6th Pay Commission Rs. | |
| Select the Pay scale from which the pensioner retired. | |
| Enter number of increments earned in the Scale of pay/Pay band from which the pensioner retired | |
| New Pension (Existing Pension * 2.57) | (Option 1) |
| Corresponding New Pay Level | |
| Minimum Pension as per Revised Scale | |
| Fitment in the New Pay Level | |
| Monthly Pension As per VII CPC Pay level | (Option 2) |
Case I - Para 10.1.70:
Pensioner 'A' retired at last pay drawn of Rs 79,000 on 30.5.2015 under VI CPC regime, having drawn three increments in the HAG scale 67000-79000. Basic Pension fixed in VI CPC is Rs 39,500. Initial pension to be fixed under VII CPC is Rs 1,01,515 (39,500 X 2.57) This is Option 1. Notional Pay fixation based on 3 increments is Rs. 199100. Hence option 2 would be 50 percent of Rs 199100 i.e Rs 99,550. As option 1 is higher, pension admissible is Rs 1,01,515.
Case II - Para 10.1.71:
Pensioner 'B' retired at last pay drawn of Rs 4,000 on 31.1.1989 under IV CPC regime, having drawn 9 increments in the pay scale of Rs 3000-100-3500-125-450. Basic pension revised in VI CPC is Rs 12,543. Initial pension fixed under VII CPC is Rs 32,236 (Rs 12,543 X 2.57). This is Option 1. Notional Pay fixation based on 9 increments is Rs 88,400. Hence option 2 would be 50% of 88,400 i.e Rs 44,200. As option 2 is higher, pension admissible is Rs 44,200.
Table showing 4th Central Pay Commission (CPC) Pay scale corresponding
to revised 5th CPC post/grade & pay scale and corresponding to 6th CPC pay band
& grade pay:-
| SL. NO | 4th CPC Pay scale w.e.f. 1.1.1986 | 5th CPC Post/Grade and Pay scale w.e.f. 1.1.1996 | 6th Central Pay Commission w.e.f. 1.1.2006 Corresponding | Proposed 7th CPC Pay Levels | |||
| GRADE | SCALE | Name of Pay Band/Scale | Pay Bands/ Scale | Grade Pay | |||
| 1 | 750-12-870-14-940 | S-1 | 2550-55-2660-60-3200 | -1S | 4440-7440 | 1300 | Level-1 Minimum Pay Rs 18000 |
| 2 | 775-12-871-12-1025 | S-2 | 2610-60-3150-65-3540 | -1S | 4440-7440 | 1400 | Level-1 Minimum Pay Rs 18000 |
| 3 |
775-12871-14-955- 15-1030-20-1150 |
S-2A |
2610-60-2910-65-3300 -70-4000 |
-1S | 4440-7440 | 1600 | Level-1 Minimum Pay Rs 18000 |
| 4 | 800-15-1010-20-1150 | S-3 | 2650-65-3300-70-4000 | -1S | 4440-7440 | 1650 | Level-1 Minimum Pay Rs 18000 |
| 5 | 825-15-900-20-1200 | S-4 | 2750-70-3800-75-4400 | PB-1 | 5200-20200 | 1800 | Level-1 Minimum Pay Rs 18000 |
| 6 |
950-20-1150-25-1400/ 950-20-1150-25-1500/ 1150-25-1500 |
S-5 | 3050-75-3950-80-4590 | PB-1 | 5200-20200 | 1900 | Level-2 Minimum Pay Rs 19900 |
| 7 |
975-25-1150-30-1540/ 975-25-1150-30-1660 |
S-6 | 3200-85-4900 | PB-1 | 5200-20200 | 2000 | Level-3 Minimum Pay Rs 21700 |
| 8 |
1200-30-1440-30-1800/ 1200-30-1560-40-2040/ 1320-30-1560-40-2040 |
S-7 | 4000-100-6000 | PB-1 | 5200-20200 | 2400 | Level-4 Minimum Pay Rs 25500 |
| 9 |
1350-30-1440-40-1800 -50-2200/1400-40-1800 -50-2300 |
S-8 | 4500-125-7000 | PB-1 | 5200-20200 | 2800 | Level-5 Minimum Pay Rs 29200 |
| 10 |
1400-40-1600-50 -2300-60-2600/ 1600-50-2300-60-2660 |
S-9 | 5000-150-8000 | PB-2 | 9300-34800 | 4200 | Level-6 Minimum Pay Rs 35400 |
| 11 | 1640-60-2600-75-2900 | S-10 | 5500-175-9000 | PB-2 | 9300-34800 | 4200 | Level-6 Minimum Pay Rs 35400 |
| 12 | 2000-60-2120 | S-11 | 6500-200-6900 | PB-2 | 9300-34800 | 4200 | Level-6 Minimum Pay Rs 35400 |
| 13 |
2000-60-2300-75-3200/ 2000-60-2300 -75-3200-3500 |
S-12 | 6500-200-10500 | PB-2 | 9300-34800 | 4200 | Level-6 Minimum Pay Rs 35400 |
| 14 |
2375-75-3200-100-3500 / 2375-75-3200 -100-3500-125-3750 |
S-13 | 7450-225-11500 | PB-2 | 9300-34800 | 4600 | Level-7 Minimum Pay Rs 44900 |
| 15 | 2500-4000 | S-14 | 7500-250-12000 | PB-2 | 9300-34800 | 4800 | Level-8 Minimum Pay Rs 47600 |
| 16 |
2200-75-2800-100-4000/ 2300-100-2800 |
S-15 | 8000-275-13500 | PB-2 | 9300-34800 | 5400 | Level-9 Minimum Pay Rs 53100 |
| 17 | 2200-75-2800-100-4000 | NEW SCALE |
8000-275-13500 (Group A Entry) |
PB-3 | 15600-39100 | 5400 | Level-10 Minimum Pay Rs 56100 |
| 18 | 2630/- FIXED | S-16 | 9000 | PB-3 | 15600-39100 | 5400 | Level-10 Minimum Pay Rs 56100 |
| 19 | 2630-75-2780 | S-17 | 9000-275-9550 | PB-3 | 15600-39100 | 5400 | Level-10 Minimum Pay Rs 56100 |
| 20 | 3150-100-3350 | S-18 | 10325-325-10975 | PB-3 | 15600-39100 | 6600 | Level-11 Minimum Pay Rs 67700 |
| 21 |
3000-125-3625/ 3000-100-3500-125-4500/ 3000-100-3500-125-5000 |
S-19 | 10000-325-15200 | PB-3 | 15600-39100 | 6600 | Level-11 Minimum Pay Rs 67700 |
| 22 | 3200-100-3700-125-4700 | S-20 | 10650-325-15850 | PB-3 | 15600-39100 | 6600 | Level-11 Minimum Pay Rs 67700 |
| 23 |
3700-150-4450/ 3700-125-4700-150-5000 |
S-21 | 12000-375-16500 | PB-3 | 15600-39100 | 7600 | Level-12 Minimum Pay Rs 78800 |
| 24 | 3950-125-4700-150-5000 | S-22 | 12750-375-16500 | PB-3 | 15600-39100 | 7600 | Level-12 Minimum Pay Rs 78800 |
| 25 | 3700-125-4950-150-5700 | S-23 | 12000-375-18000 | PB-3 | 15600-39100 | 7600 | Level-12 Minimum Pay Rs 78800 |
| 26 |
4100-125-4850-150-5300/ 4500-150-5700 |
S-24 | 14300-400-18300 | PB-4 | 37400-67000 | 8700 | Level-13 Minimum Pay Rs 118500 |
| 27 | 4800-150-5700 | S-25 | 15100-400-18300 | PB-4 | 37400-67000 | 8700 | Level-13 Minimum Pay Rs 118500 |
| 28 |
5100-150-5700/ 5100-150-6150/ 5100-150-5700 -200-6300 |
S-26 | 16400-450-20000 | PB-4 | 37400-67000 | 8900 | Level-13A Minimum Pay Rs 131100 |
| 29 |
5100-150-6300 -200-6700 |
S-27 | 16400-450-20900 | PB-4 | 37400-67000 | 8900 | Level-13A Minimum Pay Rs 131100 |
| 30 |
4500-150-5700 -200-7300 |
S-28 | 14300-450-22400 | PB-4 | 37400-67000 | 10000 | Level-14 Minimum Pay Rs 144200 |
| 31 |
5900-200-6700/ 5900-200-7300 |
S-29 | 18400-500-22400 | PB-4 | 37400-67000 | 10000 | Level-14 Minimum Pay Rs 144200 |
| 32 | 7300-100-7600 | S-30 | 22400-525-24500 | PB-4 | 37400-67000 | 10000 | Level-14 Minimum Pay Rs 144200 |
| 33 |
7300-200-7500 -250-8000 |
S-31 | 22400-600-26000 |
HAG SCALE |
67000-79000 | NIL | Level-15 Minimum Pay Rs 182200 |
| 34 |
7600/-FIXED / 7600-100-8000 |
S-32 | 24050-650-26000 |
HAG+ SCALE |
75500-80000 | NIL | Level-16 Minimum Pay Rs 205400 |
| 35 | 8000/- FIXED | S-33 | 26000(FIXED) | APEX SCALE | 80000(FIXED) | NIL | Level-17 Fixed Pay Rs 225000 |
| 36 | 9000/- FIXED | S-34 | 30000(FIXED) | CAB. SEC. | 90000(FIXED) | NIL | Level-18 Fixed Pay Rs 250000 |
CLASSIFICIATION OF CITIES FOR HRA
'X' Cities - 24% HRA
|
States |
Cities Classified as "X" |
| Andhra Pradesh | Hyderabad (UA) |
| Delhi | Delhi (UA) |
| Gujarat | Ahmadabad (UA) |
| Karnataka | Bangaluru (UA) |
| Maharashtra | Greater Mumbai (UA), Pune (UA) |
| Chennai (UA) | |
| West Bengal | Kolkatta (UA) |
'Y' Cities - 16% HRA
|
States |
Cities Classified as "Y" |
| Andhra Pradesh | Vijayawada (UA), Warangal, (UA), Greater Vishkhapatnam (M.Corpn), Guntur (UA), Nellore (UA) |
| Assam | Guwahati (UA) |
| Bihar | Patna (UA) |
| Chandigarh | Chandigarh (UA), SAS Nagar, Mohali |
| Chattisgarh | Durg-Bhilai Nagar (UA), Raipur (UA) |
| Gujarat | Rajkot (UA), Jamnagar (UA), Bhavnagar (UA), Vadodara (UA), Surat (UA) |
| Haryana | Faridabad*(M.Corpn), Gurgaon*(UA) |
| Jammu & Kashmir | Srinagar (UA), Jammu (UA) |
| Jharkhand | Jamshedpur (UA), Dhanbad (UA), Ranchi (UA), Bokara Steel City (UA) |
| Karnataka | Belgaum (UA), Hubli-Dharwad, Mangalore (UA), Mysore (UA), Gulbarga (UA) |
| Kerala | Kozhikode (UA), Kochi (UA), Thiruvananthapuram (UA), Thrissur (UA), Malappuram (UA), Kannur (UA), Kollam (UA) |
| Madhya Pradesh | Gwalior (UA), Indore (UA), Bhopal (UA), Jabalpur (UA), Ujjain (M.Corpn) |
| Maharashtra | Amravati (M.Corpn), Nagpur (UA), Aurangabad (UA), Nashik (UA), Bhiwandi (UA), Solapur (M.Corpn), Kolhapur (UA), Vasai-Vrar City (M.Corpn), Malegaon (UA), Nanded-Waghala (M.Corpn), Sangli (UA) |
| Orissa | Cuttack (UA), Bhubaneswar (UA), Raurkela (UA) |
| Puducherry (Pondicherry) | Puducherry/Pondicherry(UA) |
| Punjab | Amritsar (UA), Jalandhar (UA), Ludihiana (M.Corpn) |
| Rajasthan | Bikaner (M.Corpn), Jaipur (M.Corpn), Jodhpur (UA), Kota (M.Corpn), Ajmer (UA) |
| Tamilnadu | Salem (UA), Tiruppur (UA), Coimbatore (UA), Tiruchirappalli (UA), Madurai (UA), Erode (UA) |
| Uttarkhand | Dehradun (UA) |
| Uttar Pradesh | Moradabad, Meerut (UA), Ghaziabad* (UA), Aligarh(UA), Agra (UA), Bareilly (UA), Lucknow (UA), Kanpur (UA), Allahabad (UA), Gorakhpur, Varanasi (UA), Varanasi (UA), Sahranpur (M.Corpn), Noida (CT), Firozabd (NPP), Jhansi (UA) |
| West Bengal | Asansol (UA), Siliguri (UA), Durgapur (UA) |
*only for the purpose of extending HRA on the basis of dependency
Remaining cities/towns which are not covered under "X" or "Y" are classified as "Z" for the purpose of HRA.
6h Commission - Pay Band and Grade Pay
STANDARD PAY SCALES
| Pay Band | Pay in the Pay Band (Rs.) | Grade Pay (Rs.) |
| PB-1 | 5,200-20200 | 1,800 |
| PB-1 | 5,200-20200 | 1,900 |
| PB-1 | 5,200-20200 | 2,000 |
| PB-1 | 5,200-20200 | 2,400 |
| PB-1 | 5,200-20200 | 2,800 |
| PB-2 | 9,300-34800 | 4,200 |
| PB-2 | 9,300-34800 | 4,600 |
| PB-2 | 9,300-34800 | 4,800 |
| PB-2 | 9,300-34800 | 5,400 |
| PB-3 | 15,600-39100 | 5,400 |
| PB-3 | 15,600-39100 | 6,600 |
| PB-3 | 15,600-39100 | 7,600 |
| PB-4 | 37,400-67000 | 8,700 |
| PB-4 | 37,400-67000 | 8,900 |
| PB-4 | 37,400-67000 | 10,000 |
| HAG Scale | 67,000 (annual increment @ 3%) - 79000 | Nil |
| HSG+ Scale | 75,500 (annual increment @ 3%) - 80000 | Nil |
| Apex Scale | 80,000 (Fixed) | Nil |
| Cabinet Secretary | 90,000 (Fixed) | Nil |
Rates of Fixed Conveyance Allowance under SR-25
The revised rates of Conveyance Allowance under SR-25w.e.f. 1.9.2008 revised under Ministry of Finance OM No F. No 19039/2/2008-E.IV dated 23.9.2008 are as under:-
| Average Monthly travel on official duty | For journeys by own motor car (in Rs.) | For journeys by other mode of conveyance (in Rs.) |
|---|---|---|
| 201-300 Kms | 1120 | 370 |
| 301-450 Kms | 1680 | 480 |
| 451-600 Kms | 2070 | 640 |
| 601-800 Kms | 2430 | 750 |
| Above 800 Kms | 3000 | 850 |
The above rate wll be increased by 25% whenever the Dearness Allowance goes up by 50%
GDS SERVICE DISCHARGE BENEFITS
| Nature of benefit | Present Benefits | Revised Benefits (w.e.f. 9.10.2009) |
|---|---|---|
| Ex-gratia Gratuity | Granted at the rate of half months basic TRCA drawn immediately before discharge of service for each completed year of service subject to a maximum of Rs 18,000 or 16.5 months basic TRCA last drawn whichever is less. Minimum service prescribed is 15 years. | Continuance of the existing formula for grant of Ex-gratia Gratuity subject to a Maximum of Rs. 60,000. |
| Severance Amount | A Lumpsum severance amount of Rs 30,000/- is paid on discharge provided a GDS has completed 20 years of continuous service. In case of a GDS completing 15 years of service but less than 20 years of continuous service the severance amount paid is Rs 20,000 | Severance Amount shall be paid at the rate of Rs 1500 for every completed year of service subject to a Maximum of Rs 60000 with reduction in Minimum eligibility period to 10 years. |
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