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COC ZINDABAD CONFEDERATION ZINDABAD WORKERS UNITY ZINDABAD UNITY IS STRENGTH

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Thursday, November 19, 2015

7th CPC Highlights

Here are the highlights: 
# Pay will go up by 14.29%; increase in allowances will be 23%; increase in pension will be 24%
# Pay Commission report has to be implemented from January 1, 2016
# Minimum basic pay for central govt staff recommended at Rs 18,000; maximum pay Rs 2.25 lakh per month: Pay Commission.
# Pay Commission recommends 3% annual increment and 24% hike in pension for central government staffers.
# FY17 impact seen at Rs 1.02 lakh crore from implementation of the 7th Pay Commission.
# One Rank One Pension recommended for central govt staffers as well as armed forces: Pay Commission
# Recommendation will impact 47 lakh serving govt employees, 52 lakh pensioners, including defence personnel: FM.
# Total impact from implementation of 7th Pay Commission is Rs 1.02 lakh cr; including Rs 28,000 cr on Railway Budget
# Implementation of 7th Pay Commission to impact fiscal deficit by 0.65%

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