Kerala Pay Revision 2011:
Perfect way to start a new year for state government employees of Kerala. Pay commission submitted report the chief Minister yesterday. The key points of pay commission report is given below.
Pay Commission Key points:
1. 10 % Increase in pay.
2. 12 % increase for Pensioners.
3. will come into effect from April 2011.
4. With Effect From July 2009.
5. Minimum increase in pay Rs 1104.
6. Maximum Increase Rs 4490.
7. Minimum Pension : Rs 4500.
8. Minimum Salary : Rs 8500.
9. Maximum Salary: Rs. 59840.
10. LTC (Leave Travel Concession) for the first time for employees.
11. LTC will be Once in 15 Years.
12. LTC will be eligible for employees who have completed atleast 15 yrs service.
13. Maximum Gratuity amount: Rs 7 Lakhs.
14. 40 % to 50 % increase in all allowances.
15. Medical allowance increased from Rs 100 to 400 for pensioners.
16. 300 to 470 Rs increase form Part time employees.
17. Spectacles allowance Rs 1000 for every 10 Years.
18. Risk allowance for all.
19. More pension for pensioners of age between 80 to 100.
20. Additional Rs 1965 Crores burden each year.
Share with the world !!
It is just like stabing on the back of the government employeess.
this LDF govt. revised pay revisions of Dist.Co-op.Banks/State co-op banks empoyees and KSFE employees.
what is the difference between the job of a clerk in these institutions but the difference in pay is huge
To the best of my knowledge even sub staff entetred in these banks are drwing nearly FRs. 60,000? +fringe benifits after 30 years of service but a clerk/assistant who entered even in govt secretariat doesn't get this even after so many promotions.
But the lest unions are playing a spoil job on this front.