The Tamil Nadu government recently announced the implementation of the 7th Pay Commission. This has come as good news for the employees who have been waiting for good news for long. The increment in the pay matrix shall be effected by moving vertically down along the applicable level by one cell from the existing cell of the pay in the pay matrix.
Pay matrix annual increment calculation Increments in Pay Matrix: The increment shall be effected by moving vertically down along the applicable Level by one cell from the existing cell of pay in the pay matrix . The Pay Matrix shall comprise of two dimensions viz. horizontal range and vertical range:
Horizontal range In the ‘Horizontal Range', level corresponds to a functional role in the hierarchy and has been assigned level numbers 1, 2, 3 and so on, till 32. The level numbers correspond to Grade Pays in the existing system. Movement from one level to a higher level would take place due to movement to a higher functional role, including that due to promotion.
Vertical range In the ‘Vertical Range', each step denotes ‘pay progression' within that level, and indicates the steps of annual financial progression of three percent in each level, corresponding to one increment. Movement along vertical range arises due to sanction of annual increment or grant of Selection Grade/Special Grade / stagnation / bonus increment.
7th Pay Commission, new Pay matrix, fitment factor, min and max salary Pay Band and Grade Pay: Pay Matrix (32 Levels) Minimum Pay: 15,700 Maximum Pay: 2,25,000 Fitment Factor: 2.57 (For Pensioners also) Minimum Pension & Family Pension: 7,850 Maximum Pension & Family Pension: 1,12,500 & 67,500 Gratuity Ceiling: 20 Lakhs Annual Increment: 3% House Rent Allowance: 250 to 8300 City Allowance: Double Dearness Allowance: Same as Central Govt Employees.
source: oneindia news
Pay matrix annual increment calculation Increments in Pay Matrix: The increment shall be effected by moving vertically down along the applicable Level by one cell from the existing cell of pay in the pay matrix . The Pay Matrix shall comprise of two dimensions viz. horizontal range and vertical range:
Horizontal range In the ‘Horizontal Range', level corresponds to a functional role in the hierarchy and has been assigned level numbers 1, 2, 3 and so on, till 32. The level numbers correspond to Grade Pays in the existing system. Movement from one level to a higher level would take place due to movement to a higher functional role, including that due to promotion.
Vertical range In the ‘Vertical Range', each step denotes ‘pay progression' within that level, and indicates the steps of annual financial progression of three percent in each level, corresponding to one increment. Movement along vertical range arises due to sanction of annual increment or grant of Selection Grade/Special Grade / stagnation / bonus increment.
7th Pay Commission, new Pay matrix, fitment factor, min and max salary Pay Band and Grade Pay: Pay Matrix (32 Levels) Minimum Pay: 15,700 Maximum Pay: 2,25,000 Fitment Factor: 2.57 (For Pensioners also) Minimum Pension & Family Pension: 7,850 Maximum Pension & Family Pension: 1,12,500 & 67,500 Gratuity Ceiling: 20 Lakhs Annual Increment: 3% House Rent Allowance: 250 to 8300 City Allowance: Double Dearness Allowance: Same as Central Govt Employees.
source: oneindia news
Share with the world !!
0 Responses to 7th CPC Annual increment calculation for Tamil Nadu employees