Wednesday, November 16, 2011
Assurance given in reply to Lok Sabha Unstarred Question No. 1654 answered on 10.08.2011 regarding Rotational Transfer Policy – Details of incumbency
office memorandum
Clarification on application of the DOPT"s OM No 7/7/2008 CS I (A) dated 22/12/2010 and 18/03/2011 regarding stepping up of pay of senior assistants of CSS on /after 1.1.2006 vis-a-vis national fixation of pay.
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Tuesday, November 15, 2011
Revision of PPOs of pre—2006 family pensioners — regarding.
No.1/20/2011 -P&PW(E)
Government of India
Ministry of Personnel, Public Grievances & Pension
Department of Pension & Pensioners Welfare
Lok Nayak Bhavan, Khan Market,
New Delhi, the 1st November, 2011.
Office Memorandum
Government of India
Ministry of Personnel, Public Grievances & Pension
Department of Pension & Pensioners Welfare
Lok Nayak Bhavan, Khan Market,
New Delhi, the 1st November, 2011.
Office Memorandum
Sub:- Revision of PPOs of pre—2006 family pensioners — regarding.
The undersigned is directed to refer to Secretary (Pension)'s d.o. letter No.42/68/2009-P&PW(G), dated the 25th May, 2011 and 8th June, 2011 concerning revision of Pension Payment Orders (PPOs) in respect of pre-2006 Pensioners consequent to implementation of 6th CPC recommendations.
2. It is heartening to learn from replied received the Ministries/ Departments that they are responsive to the needs of Pensioners/Family Pensioners. In the mean while, Central Pension Accounting Office (CPAO) has issued an advertisement, which has been published in the Newspapers on 3rd September, 2011, requesting pre-2006 pensioners/family pensioners to provide prescribed information to the Head of the Department/Office concerned for issue of revised PPOs. In another advertisement published on 15th and l6th September, CPAO has circulated its toll-free telephone number 1800-11-77-88 for registration of grievances. Therefore, all the Ministries/ Departments are requested to seize the opportunity and revise the pre-2006 PPOs at the earliest possible.
3. It has come to the notice of this Department that the family pensioners are a sufferer's lot as the Banks have not revised the family pension in most of the cases and it is being paid either at the pre-revised rates or at the minimum rate of Rs.3500/- per month. Therefore, all Ministries/Departments and PAOs are requested to take up the matter of revision of family pension as first priority.
The undersigned is directed to refer to Secretary (Pension)'s d.o. letter No.42/68/2009-P&PW(G), dated the 25th May, 2011 and 8th June, 2011 concerning revision of Pension Payment Orders (PPOs) in respect of pre-2006 Pensioners consequent to implementation of 6th CPC recommendations.
2. It is heartening to learn from replied received the Ministries/ Departments that they are responsive to the needs of Pensioners/Family Pensioners. In the mean while, Central Pension Accounting Office (CPAO) has issued an advertisement, which has been published in the Newspapers on 3rd September, 2011, requesting pre-2006 pensioners/family pensioners to provide prescribed information to the Head of the Department/Office concerned for issue of revised PPOs. In another advertisement published on 15th and l6th September, CPAO has circulated its toll-free telephone number 1800-11-77-88 for registration of grievances. Therefore, all the Ministries/ Departments are requested to seize the opportunity and revise the pre-2006 PPOs at the earliest possible.
3. It has come to the notice of this Department that the family pensioners are a sufferer's lot as the Banks have not revised the family pension in most of the cases and it is being paid either at the pre-revised rates or at the minimum rate of Rs.3500/- per month. Therefore, all Ministries/Departments and PAOs are requested to take up the matter of revision of family pension as first priority.
(K.K. Mittal)
Director Ph:24624752
Director Ph:24624752
Minutes of the meeting taken by Member(Operations) with Staff Side representing NFPE and FNPO, on 14.11.2011
As a protest against closure of F-28 and L-26 sections in Maharashtra circle with effect from 31.10.2011, the staff of RMS in the circle remained on strike till 09.11.2011. As a fall out of the above, the unions representing NFPE and FNPO gave a notice of observing hunger fast in front of Dak Bhawan on 15 and 16th November, 2011. On receipt of the above notice, it was decided to discuss the matter with the staff side in the forenoon of 14.11.2011.
2. The meeting took place as per schedule in the chamber of Member (Operations) which was attended by the following:-
S.No Official Side Staff Side
1 Member (Opertaions) Shri R.N. Parashar, Asst. Secretary General, NFPE
2 CGM(Mail Business) Shri Giri Raj Singh, General Secretary, All IndiaRMS and MMS Union Group-C
3 Director (Mail Management) Shri P. Suresh, General Secretary, All India RMS and MMS Union and MTS Staff
4 Director(SR) Shri Devender Kumar, Circle Secretary, National Union RMS and MMS Union, Group-C
The meeting started with Member (Operations) welcoming the staff side, thereafter the staff side raised the issues of : (i) restoration of F-28 and L-26 Sections; (ii) regularisation of period of strike by granting leave; (iii) withdrawal of application of FR-17A in case of employees absenting during that period; (iv) Withdrawal of notices issued in terms of Temporary Govt. Service Rules; and (v) placement of Staff dislocated by closure of sections, as per choice stations given by them;
3. The above issues were examined in details based on which the following decisions were taken.
Restoration of F-28 and L-26 Sections was ruled out especially in view of the closure already having taken place and surrender of premises to the Railways. Regarding regularisation of strike period, the staff side was apprised that in such a case, the principle of no work, no pay applies, which is in the form of direction of the Cabinet and any deviation in the matter lies within the competence of the Cabinet only. However the staff side was assured that in future, before taking any decision in regard to closure of sections, staff side would be consulted and the Circle Office referring a proposal to this office would be required to indicate the process of consultation with staff representatives. As regards break-in service envisaged under FR – 17A, Departmental instructions inter alia provide for applicability of the aforesaid rules only in case of employees who are involved in incitement, violence/sabotage etc. In the instant case, no such incident has been reported. However the Circle office may be advised to consider these cases as per the standing instructions of the Department. The Circle office has already agreed to withdraw notices issued under Temporary Govt. Service Rules. Member (Operations) assured the Staff side against victimization of the officials as also placement of the dislocated staff if any as far as possible, to the nearest office, for which they will be required to give their request.
The meeting ended with a vote of thanks to the Chair.
2. The meeting took place as per schedule in the chamber of Member (Operations) which was attended by the following:-
S.No Official Side Staff Side
1 Member (Opertaions) Shri R.N. Parashar, Asst. Secretary General, NFPE
2 CGM(Mail Business) Shri Giri Raj Singh, General Secretary, All IndiaRMS and MMS Union Group-C
3 Director (Mail Management) Shri P. Suresh, General Secretary, All India RMS and MMS Union and MTS Staff
4 Director(SR) Shri Devender Kumar, Circle Secretary, National Union RMS and MMS Union, Group-C
The meeting started with Member (Operations) welcoming the staff side, thereafter the staff side raised the issues of : (i) restoration of F-28 and L-26 Sections; (ii) regularisation of period of strike by granting leave; (iii) withdrawal of application of FR-17A in case of employees absenting during that period; (iv) Withdrawal of notices issued in terms of Temporary Govt. Service Rules; and (v) placement of Staff dislocated by closure of sections, as per choice stations given by them;
3. The above issues were examined in details based on which the following decisions were taken.
Restoration of F-28 and L-26 Sections was ruled out especially in view of the closure already having taken place and surrender of premises to the Railways. Regarding regularisation of strike period, the staff side was apprised that in such a case, the principle of no work, no pay applies, which is in the form of direction of the Cabinet and any deviation in the matter lies within the competence of the Cabinet only. However the staff side was assured that in future, before taking any decision in regard to closure of sections, staff side would be consulted and the Circle Office referring a proposal to this office would be required to indicate the process of consultation with staff representatives. As regards break-in service envisaged under FR – 17A, Departmental instructions inter alia provide for applicability of the aforesaid rules only in case of employees who are involved in incitement, violence/sabotage etc. In the instant case, no such incident has been reported. However the Circle office may be advised to consider these cases as per the standing instructions of the Department. The Circle office has already agreed to withdraw notices issued under Temporary Govt. Service Rules. Member (Operations) assured the Staff side against victimization of the officials as also placement of the dislocated staff if any as far as possible, to the nearest office, for which they will be required to give their request.
The meeting ended with a vote of thanks to the Chair.
Interest rates on post office savings schemes go up
Special Correspondent
In a bid to lure millions of small savers across the country who had exited the National Small Savings (NSS) schemes in pursuit of higher returns, the Union Government on Friday raised the interest rates on Post Office Savings Account (POSA), Time Deposit Schemes of various tenures, Monthly Income Scheme (MIS) and Public Provident Fund (PPF).
To be notified soon
According to a Union Finance Ministry statement, the interest rate on POSA stands increased to 4 per cent from 3.5 per cent for the current fiscal while deposits in schemes such as MIS and PPF will fetch attractive returns of 8.2 per cent and 8.6 per cent respectively, as compared to the existing rates of 8 per cent.While all time maturities will fetch significantly better returns by way of higher interest rates than hitherto, the biggest gainer is set to be the one-year fixed deposit scheme with its interest rate pegged at 7.7 per cent as compared to the prevailing 6.25 per cent.
As per the decision approved by Finance Minister Pranab Mukherjee, the new rates are to be made applicable from the date of notification to be announced soon.
The move to make the small savings schemes more attractive and align them with current market rates is in line with the recommendations of the Shyamala Gopinath Committee which was set up to look into the matter at the advice of the 13th Finance Commission.
Alongside, however, the Government has decided to discontinue the Kisan Vikas Patra (KVP) scheme.
New NSC instrument
It has also reduced the maturity period for the MIS and National Savings Certificate (NSC) schemes to five years from the existing six years and has introduced a new 10-year NSC instrument with its interest rate pegged at 8.7%.
Another bonanza for small savers is that the annual investment ceiling in PPF savings accounts has been raised to Rs. 1 lakh from the current limit of Rs. 70,000.
At the same time, what may irk investors is that loans against such savings would be at a higher interest rate of 2 per cent as against 1 per cent at present. The Government has also scrapped the 5 per cent bonus on maturity of MIS schemes and abolished the commission for agents on PPF and Senior Citizens Savings Schemes.
________________________________________
• Interest rate on Post Office Saving Account up to 4% from 3.5%• Rate on MIS and PPF raised to 8.2% and 8.6% respectivel(Courtesy by' The Hindu 'on 12th Nov, 2011)
In a bid to lure millions of small savers across the country who had exited the National Small Savings (NSS) schemes in pursuit of higher returns, the Union Government on Friday raised the interest rates on Post Office Savings Account (POSA), Time Deposit Schemes of various tenures, Monthly Income Scheme (MIS) and Public Provident Fund (PPF).
To be notified soon
According to a Union Finance Ministry statement, the interest rate on POSA stands increased to 4 per cent from 3.5 per cent for the current fiscal while deposits in schemes such as MIS and PPF will fetch attractive returns of 8.2 per cent and 8.6 per cent respectively, as compared to the existing rates of 8 per cent.While all time maturities will fetch significantly better returns by way of higher interest rates than hitherto, the biggest gainer is set to be the one-year fixed deposit scheme with its interest rate pegged at 7.7 per cent as compared to the prevailing 6.25 per cent.
As per the decision approved by Finance Minister Pranab Mukherjee, the new rates are to be made applicable from the date of notification to be announced soon.
The move to make the small savings schemes more attractive and align them with current market rates is in line with the recommendations of the Shyamala Gopinath Committee which was set up to look into the matter at the advice of the 13th Finance Commission.
Alongside, however, the Government has decided to discontinue the Kisan Vikas Patra (KVP) scheme.
New NSC instrument
It has also reduced the maturity period for the MIS and National Savings Certificate (NSC) schemes to five years from the existing six years and has introduced a new 10-year NSC instrument with its interest rate pegged at 8.7%.
Another bonanza for small savers is that the annual investment ceiling in PPF savings accounts has been raised to Rs. 1 lakh from the current limit of Rs. 70,000.
At the same time, what may irk investors is that loans against such savings would be at a higher interest rate of 2 per cent as against 1 per cent at present. The Government has also scrapped the 5 per cent bonus on maturity of MIS schemes and abolished the commission for agents on PPF and Senior Citizens Savings Schemes.
________________________________________
• Interest rate on Post Office Saving Account up to 4% from 3.5%• Rate on MIS and PPF raised to 8.2% and 8.6% respectivel(Courtesy by' The Hindu 'on 12th Nov, 2011)
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