Following are the salient features of the letter dated 26th Aug 2010 from HRD Dept. to UGC :
"(i) Allow Rs.43,000 as entry level pay in the Pay Band Rs. 37400-67000 (PB-4) plus an academic grade pay of Rs. 10,000 to directly recruited Principals of Under-Graduate and Post-Graduate Colleges appointed on or after 1.1.2006.
Principals of Under-Graduate Colleges will continue to draw Rs. 2000 per month as Special Allowance and Principals of Post-Graduate colleges will continue to draw Rs. 3000 per month as Special Allowance attached to the posts of Principals in terms of this Ministry’s letter No. 1-32/2008-U.II/U.I (i) dated 31.12.2008.
(ii) Entry pay of Readers, appointed on or after 1.1.2006 till issue of the University Grant Commission Regulations on Minimum Qualifications for Appointment of Teachers and Other Academic Staff in University and Collegs and Measures for the Maintenance of Standards in Higher Education, 2010, i.e., 30.06.2010, be fixed at Rs. 23,890 in PB-3 with an academic grade pay of Rs.8000. This will also apply to Lecturers (Selection Grade) promoted during the above period. Such Readers/Lecturer (Selection Grade) after 3 years will move to minimum of PB-4 with academlc grade pay of Rs. 9000.
(iii) Similarly, entry pay of Rs. 23890 in PB-3 with academic grade pay of Rs.8000 wili also apply to directly recruited Deputy Librarians and Deputy Directors of Physical Education, who will move to PB-4 with academic grade pay of Rs.9000 after completion of 5 years, in that grade. "
Wednesday, September 1, 2010
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2 comments :
ashok said...
Bank Employees Pension Option
________________________________-----All the signatory unions are silent. Even after the directions from IBA on 10.08.2010 still some banks are not in a position to issue option circular. Their employees are waiting eagerly.
Unions should see that why this is going on?Bankers are requestig unions and IBA to start the gate way of pension should be opened simultaneously in all the banks.
The computation of 60 days period and the period of 30 dayys are differing banks to banks. Some banks are asking choice for commutation in option forms and in some banks are not asking the same in these option forms. These will take another round of asking applications from the retirees that whether they want to commute or not?
Unions should see that by this cheating act hundreds will loose their commutation factor by one year. What type of Industry-wisw settlement is this?
No union is stopping them. UFBU please come and please stop banks for such hidden atrocities by the IBA/Banks. Whether N H R C can be involved?
Pl. do something for your members and your Ex-members.
Thanks to all.
ASHOKGOEL
at gmail dot com
September 5, 2010 10:45 AM
Refer the observations of Mr.Ashok. Precisely this is what I have been saying for quite some time. Different methods are being used different Banks in inviting options while ideally methodology employed should have uniform and the commencement date of pension etc should have been the same as in the case of revision of wages.This should not have been left to the individual choice of Banks as some of the Banks are yet to issue circulars and this might lead to loss of commutation amount.Although many Banks were quick in issuing the circular with PNB being first, many are yet to convene Board Meetings and get necessary approvals. I wonder why this is not being taken up by Unions. I urge the Unions to act immediately and take up the issue with IBA to ensure uniformity and not rest on their laurels. Ensuring the welfare of the employees is a continuous process and Unions can not afford to let their guards down. Vasu
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