The Seventh Pay Commission headed by Justice AK Mathur on
Thursday submitted its report to Finance Minister Arun Jaitley, suggesting
23.55% hike in pay and allowances of govt employees.
* 23.55 per cent increase in pay and allowances recommended
* Recommendations to be implemented from January 1, 2016
* Minimum pay fixed at Rs 18,000 per month; maximum pay at
Rs 2.25 lakh
* The rate of annual increment retained at 3per cent
* 24 per cent hike in pensions
* One Rank One Pension proposed for civilian government
employees on line of OROP for armed forces
* Ceiling of gratuity enhanced from Rs 10 lakh to Rs 20
lakh; ceiling on gratuity to be raised by 25 per cent whenever DA rises by 50
per cent
* Cabinet Secretary to get Rs 2.5 lakh as against Rs 90,000
per month pay band currently
* Financial impact of implementing recommendations will be
Rs 1.02 lakh crore – Rs 73,650 crore to be borne by Central Budget and Rs
28,450 crore by Railway Budget.
* Total impact of Commission’s recommendation to raise the
ratio of expenditure on salary and wages to GDP by 0.65 percentage points to
0.7 per cent
* Military Service Pay (MSP), which is a compensation for
the various aspects of military service, will be admissible to the defence
forces personnel only
* MSP for service officers more than doubled to Rs 15,500
per month from Rs 6,000 currently; for nursing officers to Rs 10,800 from Rs
4,200; for JCO/ORs to Rs 5,200 from Rs 2,000 and for non-combatants to Rs 3,600
from Rs 1,000
* Short service commissioned officers will be allowed to
exit the armed forces at any point in time between 7 to 10 years of service
* Commission recommends abolishing 52 allowances; another 36
allowances subsumed in existing allowances or in newly proposed allowances.
* Recommendations will impact 47 lakh serving govt
employees, 52 lakh pensioners, including defence personnel.
Share with the world !!
0 Responses to Highlights of 7th pay commission report