Friday, September 25, 2020

XIth Bank Bipartite : Update on discussion dated 17.09.2020

 Cost of wage revision – for workmen : Rs. 3385 cr (Out of the total of Rs. 7898 crores).

Amount allocated for Basic Pay, DA, Spl. Pay, PQP : Rs. 495 crores

For other payslip components : Rs. 2890 crores

Pay Scales: Proposals on revised Pay Scales were discussed and looking to overall cost, it was decided to finetune the same and finalise the payscales. It was agreed that one more stagnation increment would be granted both to clerical and substaff.

DA: 0.07% per slab of 4 points over 6352 points of CPI

Special Pay, PQP, FPP – being revised on the same basis as revision in Basic Pay.

Special Allowance: From our side, we suggested that the existing rate of Special Allowance should be revised substantially upward but within the cost and it was decided to take a final decision in this regard in the next meeting since the same has to be synchronised with officers.

Revision in HRA, Transport Allowance and Medical Aid: After finalising the percentage of Special Allowance , these items would be finalised.

Non financial items: Most of the items as already discussed during the earlier meetings were reiterated and confirmed. Few remaining items will be finalised shortly

Wednesday, September 23, 2020

SAT directs West Bengal Govt. to settle arrears of D.A. to state employees by 16th December

 The Special Administrative Tribunal of SAT has directed the state Govt. to settle the arrears of D.A. of Govt. employees by December 16. Today was SAT's virtual hearing. Last July, the SAT upheld the 2019 verdict by dismissing the state's review petition in this case.

Monday, September 21, 2020

Accumulated Central D.A./D.R after 1st July 2020

 Everybody knows that Central Govt. has put on hold any increase of D.A./D.R. to central employees and pensioners with retrospective effect from 1st January 2020. Already declared D.A. wef 1st January 2020 was also taken back. The D.A./D.R will not be paid by Govt. upto June 2021 and as per notification issued, the enhance D.A./D.R. will be payable from 1st July 2021 with prospective effect.

So the D.A. is accumulating for the employees and pensioners and all pending D.A. will be paid in the month of July 2021 onwards but  of course without any arrears.

Let us see the percentage of increase in the meanwhile. 

January 2020 : @ 4%

July 2020         @ 3%

A total of 7% is already on hold and two more installments to go.

Following the move of Central Govt. all state Govt.s have also stopped increase in DA/DR for their employees and pensioners silently.

It will not be out of context to mention that Bank and other PSUs are releasing D.A. without any embargo. 

Saturday, September 19, 2020

Pay Commission is live again !

 We sincerely apologize to our viewers that due to some unavoidable circumstances, the blog could not be updated for a long period.

A lot of things happened during this period like freezing of DA/DR for central Govt. employees and pensioners, 11th Bipartite took it's final shape and many others.

We assure our viewers that this blog will again serve for the purpose of employees of organized sector as before.

We look forward for the support of our esteemed viewers once again.  

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