Clarification orders on Children Education Allowance – DOPT issued on 31.10.2017
Recommendations of the Seventh Central Pay Commission – Implementation of decision relating to the grant of children Education Allowance.
Government Of India
Ministry Of Personnel, Public Grievances and P&PW
Department Of Personnel & Training
Block-IV, Old JNU Campus, New Delhi
Dated: 31st October,2017
Subject: Recommendations of the Seventh Central Pay Commission – Implementation of decision relating to the grant of children Education Allowance.
The undersigned is directed to refer to this Department’s O.M.No.12011/04/2008-Estt(AL) dated 11-09-2008 and O.M.No.A-27012/02/2017-Estt.(AL) dated 16-08-2017 on the subject mentioned above and to state that the reimbursement of Children Education Allowance for differently abled Children of government employees shall be payable at double the normal rates prescribed. The annual ceiling fixed for reimbursement of Children Education Allowance for differently abled children of government employees is now Rs.54,000/- The rest of the conditions will be the same as stipulated vide O.M.No.12011/04/2008-Estt(AL)dated 11-09-2008.
2. These orders shall be effective from 1st July,2017.
Hindi version follows.
Under Secretary to the Government Of India
Maximum age of joining National Pension System (NPS) increased from the existing 60 years to 65 years under NPS – Private Sector
In continuance of the several initiatives under taken by Pension Fund Regulatory and Development Authority (PFRDA) during the last few years to increase the pension coverage in the country, PFRDA has now increased the maximum age of joining under NPS-Private Sector (i.e. All Citizen and Corporate Model) from the existing 60 years to 65 years of age.
Now, any Indian Citizen, resident or non-resident, between the age of 60- 65 years, can also join NPS and continue up to the age of 70 years in NPS. With this increase of joining age, the subscribers who are willing to join NPS at the later stage of life will be able to avail the benefits of NPS.
NPS provides a very robust platform to the subscriber to save for his/her old age income security. Due to the better healthcare facilities and increased fitness, along with the opportunities and avenues available in the private sector as well as in the capacity of self-employment, more and more people in their late 50s or 60s are now living an active life allowing them to be employed productively.
The subscriber joining NPS beyond the age of 60 years will have the same choice of the Pension Fund as well as the investment choice as is available under the NPS for subscribers joining NPS before the age of 60 years.
Subscriber joining NPS after the age of 60 years will have an option of normal exit from NPS after completion of 3 years in NPS. In this case, the subscriber will be required to utilize at least 40% of the corpus for purchase of annuity and the remaining amount can be withdrawn in lump-sum.
In case of such subscriber willing to exit from NPS before completion of 3 years in the NPS, he/she will be allowed to do so, but in such case, the subscriber will have to utilize at-least 80% of the corpus for purchase of annuity and the remaining can be withdrawn in lumpsum.
In case of unfortunate death of the subscriber during his stay in NPS, the entire corpus will be paid to the nominee of the subscriber.
The increase in joining age will provide the options to the subscribers who are at the fag-end of the employment and expecting lump-sum amount at the time of retirement, but willing to defer their retirement planning for future, to open the NPS account and contribute the lump-sum corpus to NPS for better fund management by Professional Fund Manager to fetch better returns and plan for the regular income after some time. The Annuity rates available in the older age fetch better annuities than that at the age of 60 or less age.
This initiative will allow a larger segment of the society particularly senior citizens to reap the benefits of NPS and plan for their regular income.
Source: PIB News
IBA Circular on DA for Bank Staff
Dearness Allowance for Workmen and Officer Employees in banks for the months of November, 2017 2018 under X BPS/ Joint Note dated 25.5.2915
HR & Industrial Relations
All Members Of the Association
Dearness Allowance for Workmen and Officer Employees in banks for the months of November. 2017 2018 under X BPS/ Joint Note dated 25.5.2915
The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Basel 960=100) for the quarter ended September 2017 are as follows:-
July 2017 : 6505.38
Aug 2017 : 6505.38
Sep 2017 : 6505.38
The average CPI of the above is 6505 and accordingly the number of DA slabs are 5 16(6505- 4440= 2065/4= 516 Slabs) The last quarterly Payment of DA was at 478 Slabs. Hence there is an increase in DA slabs of 38, i.e 516 Slabs for payment of DA for the quarter Nov, Dec 2017 and January 2018.
In terms of clause 7 of the IOU’ Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of Nov, Dec 2017 & January 2018 shall be 51.60 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.
We advise banks to pay the difference between the old and revised salary and allowance to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.
S K Kakkar
DA for Bank Employees from Nov 2017 to Jan 2018
The calculation of Dearness Allowance for bank employees is almost finalized from Nov 2017 to Jan 2018.
Journey to Headquarters on LTC – Clarification issued by DoPT
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Personnel & Training
Establishment A-IV Desk
North Block New Delhi.
Dated October 31, 2017
Subject: Journey to Headquarters on LTC in respect of dependent family members of the Government servant – Clarification reg.
The undersigned is directed to refer to this Department’s O.M. No. 31011/14/86- Estt.(A-1V) dated 08.05.1987, which inter alia provides that the Govt. servant and the members of the family may claim LTC independently, however, reimbursement in such cases will be restricted to the actual distance travelled by the family or the distance between the headquarters/place of posting of the Government servant and the place visited/hometown, whichever is less.
2. Restriction of reimbursement to the distance from the Headquarter/place of posting creates an anomalous situation where the Government servant seeks to avail of LTC in respect of members of the family to the Headquarters/place of posting either from the Home town of the Government servant or from anywhere else. For illustration, a dependent child of a Govt. servant (posted in Delhi) staying and pursuing studies in Mumbai may visit a Government servant at his Headquarters/place of posting (i.e. Delhi) on LTC, however, reimbursement in such case shall be admissible for distance between the Headquarters and place of visit (which in this case is Headquarters itself), which shall be NIL in this case.
3. To resolve the issue, the matter has been considered by this Department in consultation with Joint Consultative Machinery – Staff side and Department of Expenditure. It is clarified that full reimbursement as per the entitlement of the Government servant shall be allowed for journey(s) performed on LTC by the family members from any place in India to Headquarters/place of posting of the Government servant and back. When such journey is performed from the Home Town, the LTC shall be counted against ‘Home Town’ LTC and in case the journey is from any other place in India, then it shall be counted against ‘Any place in India’ LTC.
4. The provisions of this OM (para 3) will have prospective effect.
5. Hindi version will follow.
(Surya Narayan Jha)
Under Secretary to the Government of India
AICPIN September 2017 : No Impact on DA from Jan 2018
The All India Consumer Price Index for Industrial Workers (CPI-IW) for the month of September, 2017 remained stationary at 285. There is no impact on the calculation of Expected Dearness Allowance from January 2018 for CG Employees and Pensioners.
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31st October, 2017
Consumer Price Index for Industrial Workers (CPI-IW) — September, 2017
The All-India CPI-IW for September, 2017 remained stationary at 285 (two hundred and eighty five). On 1-month percentage change, it remained static between August, 2017 and September, 2017 when compared with the decrease of (-) 0.36 per cent for the corresponding months of last year.
The maximum downward pressure to the change in current index came from Food group contributing (-) 1.26 percentage points to the total change. At item level, Fish Fresh, Onion, Bitter Gourd, Brinjal, Carrot, Gourd, Lady’s Finger, Potato, Tomato, Torai, Cucumber, Apple, Banana, etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Wheat Atta, Arhar Dal, Coconut Oil, Poultry (Chicken), Chillies Green, Cauliflower, Green Coriander Leaves, Peas, Coconut, Bidi, Cigarette, Cooking Gas, Petrol, Tailoring Charges, etc., putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 2.89 per cent for September, 2017 as compared to 2.52 per cent for the previous month and 4.14 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (+) 1.30 per cent against (+) 1.61 per cent of the previous month and 4.05 per cent during the corresponding month of the previous year.
At centre level, Tiruchirapally, Varanasi, Lucknow, Quilon and Salem reported the maximum decrease of 4 points each followed by Giridih, Bhilwara, Raniganj, Bengaluru, Faridabad, Vishakhapathnam, Jamshedpur and Haldia (3 points each). Among others, 2 points decrease was observed in 12 centres and 1 point in 18 centres. On the contrary, Tripura recorded a maximum increase of 7 points followed by Bhilai (6 points), Siliguri and Doom-Dooma Tinsukia (5 points each). Among others, 4 points increase was observed in 2 centres, 3 points in 2 centres, 2 points in 4 centres and 1 point in 10 centres. Rest of the 13 centres’ indices remained stationary.
The indices of 44 centres are below All-India Index and 33 centres’ indices are above national average. The index of Tiruchirapally centre remained at par with All-India Index. The next issue of CPI-IW for the month of October, 2017 will be released on Thursday, 30th November, 2017. The same will also be available on the office website WWW. labourbureaunew.gov.in.
(AMRIT LAL JANGID)
1. The CPI-IW for the month of October, 2017 will be released on 30th November 2017.
2. E-Mail Address: [email protected]
3. Website: http://www.labourbureaunew.gov.in
ISTM Course for Liaison Officers
Training of the Liaison Officers for Scheduled Castes/Scheduled Tribes/ Person with Disablities and Other Backward Classes- regarding
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training
Establishment (Reservation-1) Section
North Block, New Delhi
Dated the October 27, 2017
Subject: Nominations for the training of the Liaison Officers for Scheduled Castes/ Scheduled Tribes/ Person with Disablities and Other Backward Classes – regarding
The undersigned is directed to refer to this Department’s Office Memorandum of even number dated 11.08.2017 on the subject cited above whereby the Ministries/Departments were requested to nominate their Liaison Officers for the above training programmes organised by Institute of Secretariat Training & Management (ISTM) to facilitate them in the performance of their duties.
2. It is stated that the ISTM issues course circulars for all the calendared courses at least 90 days before the commencement of the courses. Online nomination by the interested applicant/ nominees is mandatory in all courses. This is, inter-alia, required for shortlisting of the candidates, issuing automated communications through mail/ SMS of acceptance/ non- acceptance to their personal e-mail address/ mobile, plan logistics, etc.. The link for submission of online application is as under:-
3. All Ministries/ Departments are, therefore, requested to kindly direct their nominated Liaison Officers to submit their online appiications before the closing date to avoid inconvenience.
Bank Employees Wage Revision Talks with IBA
CIRCULAR No. UFBU/2017/22 27.10.2017
TO ALL CONSTITUENT UNIONS/MEMBERS
WAGE REVISION TALKS WITH IBA
Further to the ongoing discussions in the Sub-Committee on non-financial demands, today, a round of discussions with the Full Negotiating Committee of IBA was held in Mumbai.
From the side of IBA, Mr.R.K. Takkar(MD-UCO Bank and Chairman of the Negotiating Committee), Mr.V.G. Kannan(Chief Executive of IBA), Mrs.Usha Ananthasubramaniam(MD-Allahabad Bank), Mr.P.S. Jayakumar(MD-Bank of Baroda), Mr.Shyam Srinivasan(MD-Federal Bank), Mr.Prashant Kumar(DMD-SBI), Mr.B. Rajkumar(Dy.Chief Executive-IBA), Mr.S.K. Kakkar(Sr. Advisor-IBA) and Mr.K.S. Chauhan(Advisor-IBA) were present.
From the side of UFBU, the following representatives were present: Com.C.H. Venkatachalam and Com.Rajen Nagar(AIBEA), Com.D.T. Franco and Com.Dilip Saha(AIBOC), Com.Sanjeev K. Bandlish and Com.Vinil Saxena(NCBE), Com.S. Nagarajan(AIBOA), Com.C.J. Nandakumar(BEFI), Com.Subhash Sawant(INBEF), Com.K.K. Nair(INBOC), Com.Ramnath Kini(NOBW) and Com.Sunil Deshpande(NOBO).
We submitted the following main issues/points and wanted the response of IBA.
- Wage revision process should be completed expeditiously
- More frequent meetings/discussions to be held for this purpose
- Data regarding establishment expenses, number of employees, etc to be provided
- Negotiations must cover all Officers upto Scale-VII
- IBA to make their initial offer on increase in wages
- Fixing the Price Index upto which DA is to be merged with Basic Pay
- Discussion on the issues pertaining to retirees viz.100% DA, pension updation, improvement in Family Pension, etc.
- Introduction of 5 Day Banking i.e. remaining Saturdays also to be holidays.
IBA responded as under:
- IBA will hold frequent meetings to expedite the process.
- Data on Establishment Expenses as on 31.03.2017 was provided. Further data would be provided shortly.
- On the issue of fractured mandate by some Banks, Unions have to take up with the concerned Banks.
- For officers, Performance related Variable Pay method to be introduced.
- DA as on 31.10.2016 can be merged with Basic Pay.
- Issues like 100% DA and updation are subjudice due to litigation.
- On improvement in Family Pension, the cost aspect is being worked out.
- For introduction of 5 Day Banking, the matter needs to be taken up with various stake holders including customers and Government, etc. before any decision is taken.
There was a lot of discussion on these issues. From our side, we informed them as under:
- IBA should commence the meaningful negotiations by making their initial offer on wage increase.
- Entire exercise should be attempted to be completed before December, 2017.
- While we shall meet the top management of the concerned Banks on mandate issue, IBA also should also take initiative to resolve the matter as majority of the Banks have given their mandate for negotiations upto Scale-VII Officers.
- While we are for better performance, efficiency, more productivity, etc., any differentiated wage compensation will result in subjectivity, unilateralism, discrimination and may become demotivating and counter-productive.
- On DA merger point, Unions will discuss and come back in the next round of talks.
- On pension related issues, none of the Unions under UFBU have resorted to litigation.
- On introduction of 5 Day Banking, IBA should take necessary steps from now on.
IBA took note of our views and it was decided to discuss the issues further in the next round of talks which will be held shortly.
P.S: It has been decided to hold a meeting of the UFBU at Mumbai on 13.11.2017 to take stock of the developments taking place in the banking sector and to further continue our struggle programmes as well as to work out our strategies to clinch an early and satisfactory wage revision.