STAFF TAKING LOAN FROM DEPT ALSO CONSUMER

LUCKNOW: In some good news for government employees, Lucknow's consumer dispute redressal forum has ruled that government employees who take loans from their departments and pay interest on the sum will henceforth be regarded at par with other 'consumers' of the department.

The ruling was made in response to a complaint made by Ahmad Hussain, a retired official of the postal department. During his years at the department, Hussain took a loan of Rs 69,620 for constructing a house.

The defending party, in this case the Department of Post and its officers, in their counter-affidavit submitted to the forum accepted that Hussain was an employee of the postal department and that he had taken a loan. Officials of DoP also accepted that the complainant had re-paid the loan with an interest amount.

The forum, in the matter, observed that the complainant is a consumer because he took a loan from his department and paid interest on the same. Granting of a loan to an employee was a service given by the postal department to Hussain.

Further, by earning interest on the loan amount the department also made profits on the service rendered.

In such situations, the forum added, despite being an employee of the department, the complainant will also be considered a consumer of the department. Despite the fact that complainant paid back the loan along with an interest, postal department could not return the complainant's document. "This amounts to lack in service," observed the forum. The DoP has now been ordered to not only return Hussain's original documents within a month from getting the certified copy of the forum's order, but also pay him a compensation amount of Rs 5,000 for mental harassment and another Rs 5,000 as litigation cost.

Source: The Times of India

NATIONAL PENSION SCHEME GIVES MIXED BAG OF RETURNS

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The performance review of fund managers for 2010-11 by the Pension Fund Regulatory and Development Authority has revealed that NPS for private citizens has managed to give higher returns than NPS for government employees.

In a year when Employees’ Provident Fund gave a 9.5 per cent return and an over 8 per cent inflation rate ate into much of people’s income, the New Pension Scheme gave a mixed bag of results. Rising interest rates and volatile stock markets have impacted its returns in 2010-11 but, since inception, the NPS has managed to do better.

Central government employees in NPS earned a return of 8.05 per cent to 8.45 per cent, much below the weighted average of 9.7 per cent in 2009-10. While UTI gave the highest return of 8.45 per cent, SBI gave the lowest return of 8.05 per cent. However, returns for state government employees in NPS was much higher, which ranged between 11.34 per cent and 9.88 per cent.

“It is about timing your investments as well as exposure to instruments,” said a PFRDA official. Central government employees who joined the service after 2004 are mandated to be part of NPS, which allows up to 15 per cent of the total corpus to be invested in equities, while the rest in corporate debt and government securities.

Private citizens, who were allowed to join the scheme from May 2009 can invest 50 per cent of their portfolio in equities and the rest in government securities and corporate bonds via one of the six fund managers — UTI Retirement Solutions, SBI, ICICI Prudential Life Insurance, Reliance Capital, IDFC AMC and Kotak Mahindra AMC.

grade pay hierarchy under the MACPS-furnishing the information regarding. Grant of financial upgradation in the promotion hierarchy instead of

No. 42012/1/2011-Estt (D)

Government of India

Ministry of Personnel, Public Grievances and Pensions

( Department of Personnel & Training),Establishment (D)

North Block, New Delhi,

Dated 05 May,2011

Subject:- Grant of financial upgradation in the promotion hierarchy instead of grade pay hierarchy under the MACPS-furnishing the information regarding.


Based on the discussion with Staff Side in 3rd meeting of the Joint Committee of Modified Assured Career Progression Scheme (MACPS) held on 15.03.2011 under the chairmanship of the Joint Secretary (Establishment) Department of Personnel & Training, it has been decided that the necessary information it has been decided that necessary information in respect of specific categories of employees where the MACPS is less advantageous that the erstwhile ACPS may be called to from Ministries of Railways, Defence, Urban Development, Home Affairs and Department of Posts for taking a conscious Decision in the matter.”
2. The Ministries of Railways, Defence, Urban Development, Home Affairs and Department of Posts are therefore, requested to send their information in the matter to this Department at the earliest.

(Prakash Nevatia)

Director (Establsihment)

GRANT OF FINANCIAL UPGRADATION IN THE PROMOTION HIERARCHY INSTEAD OF GRADE PAY HIERARCHY UNDER THE MACPS-FURNISHING THE INFORMATION REGARDING.

ile No. 4-7/(MACP/2009-PCC

Ministry of Communiction & IT,

Department of Posts Pay Commission Cell

Dak Bhawan, Sansd Marg,New Delhi-110001

Dated 16 May 2011.

To

All Chief Postmasters General, All Postmasters General.


Subject:- GRANT OF FINANCIAL UPGRADATION IN THE PROMOTION HIERARCHY INSTEAD OF GRADE PAY HIERARCHY UNDER THE MACPS-FURNISHING THE INFORMATION REGARDING.

Sir,


DOP&T vide OM No. 42012/1/2011-Estt (D) dated 05th May 2011(Copy enclosed has intimated that “ in the third meeting of the Joint Committee of Modified Assured Career Progression Scheme (MACPS) held on 15 Mar. 2011, it has been decided that necessary information in respect of specific categories of employees where the MACPS is less advantageous that the erstwhile ACPS may be called to from Ministries of Railways, Defence, Urban Development, Home Affairs and Department of Posts for taking a conscious decision in the matter.”

2.In this context, I am directed to request you to send the requisite information/inputs on the issue latest by 30 May 2011 for onward submission to DOP&T.

“ Please accord priority to it.”

(Surender Kumar )

Assistant Director General (GDS/PCC)

Maintenance and preparation of Annual Performance Appraisal Reports communication of all entries for fairness and transparency in public administratio

Thanks for Making Dharna on 25^th May 2011 by JCA Programme grand successful.

CHQ received information for all over country for conducting a successful programme. We convey our thanks and congratulations for all participants, Circle and Divisional leadership of JCA. The General Secretary, T.N.RAHATE attended in Delhi frant of Dak Bhawan programme.

Further requested to all CHQ Office bearers, Circle, Divisional and Branch Secretaries are mobilize for the joint Circle Conventions with JCA leaders.

T.N.RAHATE G.S /President FNPO

MASS DHARNA IN FRONT OF DAK BHAWAN NEW DELHI ON 25.05.2011 UNDER THE BANNER OF POSTAL JCA CONSISTING NFPE, FNPO AND GDS UNIONS.

Mass Dharna of Postal Workers was organized at Dak Bhawan,New Delhi on 25.05.2011 under the banner of Postal JCA consisting , NFPE, FNPO and GDS Unions. About two thousand Postal, RMS and GDS employees gathered in front of Dak Bhawan from 9 A.M. morning. A meeting was held after demonstration and slogan shouting. Dharna was presided by Shri T.N. Rahate President FNPO and G/S P-IV, Comrade R.N.Parashar offg. Secretary General. NFPE welcomed all who assembled to participate in Mass Dharna .In his introductory speech he elaborately discussed the policy offensives and appealed entire rank and file to mobilize , unite and make the ensuing strike from 5^th July, 2011 a grand success, so that the onslaught unleashed by the Department can be halted. From NFPE Coms. K.V Sridharan, G/S P-3, I.S. Dabas G/S P-4, Giri Raj Singh G/S R-3, P. Suresh G/S R-4 , Pranab Bhattacharjee G/S Admn. , T. Satyanarayana G/S Postal Accounts and K.K. Sharma Vice President NFPE delivered their speech. From FNPO Shri Ashok Sharma Dy. G/S P-IV, Devender Kumar R-III, Daryav Singh R-IV, ND Kaushik P-III, O.P.Khanna G/S Admn Union and Ram Veer Singh GDS Union also expressed their views..

DHARNA WAS GRAND SUCCESS Encouraging reports are being received from all corners of country. Revolutionary greetings to all Workers who participated