Amendment to the investment Guidelines (Applicable to Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana)
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
B-14/A, Chhatrapati Shivaji Bhawan,
Qutab Institutional Area,
Katwaria Sarai, New Delhi-110016.
Website: www.pfrda.org.in
CIRCULAR
PFRDA/2019/8/SUP-PF/2
Date: 25.03.2019
Subject : Amendment to the investment Guidelines (Applicable to Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana)
1. Reference is invited to the Investment Guidelines for NPS Schemes (Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana) dated 3rd June 2015 issued vide circular no. PERDA/2015/16/PFM/7, the Change in Investment guidelines for NPS schemes W.r.t. Investment in equity Mutual funds vide circular no. PERDA/2018/56/PF/2 dated 20th August 2018 and Revised rating criteria for investments under NPS Schemes vide circular No. PERDA/2018/02/PF/02 dated 08.05.2018. The changes hereunder shall apply only to Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana.
2. In order to provide flexibility to the Pension Funds to improve the scheme performance depending upon the market conditions, it has been decided to increase the cap on Government Securities & related investments and Short term debt instruments & related investments by 5% each.
3. The asset class wise revised caps on the various asset classes are as under:
ASSET CLASS
CAPS ON INVESTMENTS FOR COMPOSITE SCHEMES
Government Securities & related investments
Upto 55%
Debt Instruments & related investments
Upto 45%
Equity ‘& related investments
Upto 15%
Asset backed, trust structured etc.
Upto 5%
Short term debt instruments & related investments
Upto 10%
4.The other terms and conditions as mentioned in the circular PERDA/2015/16/PFM/7 dated 03.06.2015, circular no. PFRDA/2018/56/PF/2 dated 20th August 2018 and circular No. PFRDA/2018/02/PF/02 dated 08.05.2018 shall remain the same.
5. This circular is issued in exercise of powers of the Authority under sub-clause (b) of the sub-section (2) of section 14 of Pension Fund Regulatory and Development Authority Act, 2013 read with regulation 14 and 43 of PFRDA (Pension Fund) Regulation, 2015.
Revision of hourly rates of Incentive Bonus – Next Meeting on 3rd April, 2019
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
No.2018/M(W)/814/59
New Delhi, dt: 25.03.2019
The General Secretary,
AIRF,
4, State Entry Road,
New Delhi-110056.
The General Secretary,
NFIR
3, Chelmsford Road,
New Delhi-110055.
Sub: Revision of hourly rates of Incentive Bonus and Bonus Factor of Workshops/PUs following implementation of 7th CPC.
Ref.: Board’s order no. ERB-1/2017/23/39 dated 06.07.17 and 18.05.2018.
Dear Sirs,
The next meeting of the aforesaid committee will be held on 03rd April, 2019 at 10.30 hrs, in Disaster Management Centre at 3rd floor of Rail Bhavan. The nominated representatives of the Federation may kindly make it convenient to attend the same.
Yours faithfully,
(Nirmala U.Tirkey)
Dy, Director Estt. (LR)II
Railway Board
FAQs on reservation to Persons with Benchmark Disabilities in posts/services under Central Government
No.36035/02/2017-Estt (Res)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Personnel & Training
*********
North Block, New Delhi
dated the 25 March, 2019
Subject: Frequently Asked Questions (FAQs) on reservation to Persons with Benchmark Disabilities in posts/services under Central Government – reg.
This Department receives references from various Ministries/Departments seeking clarification on instructions with regard to reservation for Persons with Benchmark Disabilities issued vide OM of even number dated 15.1.2018; therefore, a set of Frequently Asked Questions (FAQs) have been answered as under for their use:
Q.1 Whether the reservation for Persons with Benchmark Disabilities are vacancy based or post based?
Answer: Reservation for Persons with Benchmark Disabilities is vacancy based as per Section 34 of the Rights of Persons with Disabilities Act, 2016.
Q.2 What categories of specified disabilities are covered for reservation and what is the percentage allocation of reservation for each category of persons with benchmark disabilities?
Answer: As provided in Para .2 of the OM of even number dated 15.1.2018, categories of specified disabilities covered under reservation in posts and services of the Central Government vis-a-vis category wise percentage of reservation is as under:
(a)
blindness and low vision;
1%
(b)
deaf and hard of hearing;
1%
(c)
locomotor disability including cerebral palsy, leprosy cured, dwarfism, acid attack victims and muscular dystrophy;
1%
(d)
autism, intellectual disability, specific learning disability and mental illness;
1%
(e)
multiple disabilities from amongst persons under clauses (a) to (d) including deaf-blindness,
Q.3 Whether the Persons with Benchmark Disabilities can apply against the posts, which are not identified suitable for Persons with Benchmark Disabilities?
Answer: Persons with Benchmark Disabilities can apply only against the posts identified suitable for the relevant category.
Q.4 Whether any priority has been given in selection to any category of disability?
Answer: Priority has not been given in selection to any category of Persons with Benchmark disability.
Q.5 Whether a Benchmark Disability candidate can compete for appointment against an unreserved vacancies?
Answer: Yes, Benchmark Disability candidates can compete for appointment by direct recruitment against an unreserved vacancy if selected without relaxed standards along with other candidates for those posts/services which are identified suitable for them.
Q.6 Whether the vacancies which are to be earmarked reserved for Persons with Benchmark Disabilities is to be computed on the total number of vacancies in the cadre strength in identified categories of posts as well as unidentified categories of posts.
Answer: Yes, vacancies which are to be earmarked reserved for Persons with Benchmark Disabilities is to be computed on the total number of vacancies in the cadre strength in identified categories of posts as well as unidentified categories of posts. However, recruitment of persons with benchmark disabilities would only be against the category of posts identified suitable for them.
Q.7 Whether a separate roster is to be maintained for Persons with Benchmark Disabilities irrespective of the post based roster applicable for SC/ST/OBC?
Answer: Yes, every Central Government establishment shall maintain group-wise separate 100 point vacancy based reservation roster register in the prescribed format for determining/effecting reservation for the Persons with Benchmark Disabilities – one each for Group ‘A’ posts filled by direct recruitment, Group ‘B’ posts filled by direct recruitment and Group ‘C’ posts filled by direct recruitment.
Q.8 What to do with vacancies reserved for any particular category(s) of Persons with Benchmark Disabilities cannot be filled due to non-availability of a suitable candidate, or for any other sufficient reasons?
Answer: As per Section 34(2) of the Rights of Persons with Disabilities Act, 2016, if in any recruitment year any vacancy cannot be filled up due to non-availability of a suitable person with benchmark disability or for any other sufficient reasons, such vacancy shall be carried forward in the succeeding recruitment year and if in the succeeding recruitment year also suitable person with benchmark disability is not available, it may first be filled by interchange among the five categories and only when there is no person with disability available for the post in that year, the employer shall fill up the vacancy by appointment of a person, other than .a person with disability.
Grant of one notional increment/pension benefits to retirees – Central Board of Indirect Taxes & Customs
Fax/Immediate
By Speed Post
F.No.A-26017/16/2019-Ad.IIA
Government of India
Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes & Customs
North Block, New Delhi,
Dated the 18th March, 2018.
To,
All Pr. Chief Commissioners/Chief Commissioner of GST & Central Excise/Customs/Directors General under CBIC.
Subject : – Representation for grant of one notional increment/pension benefits to retirees those who retired on 30th June as per Hon’ble Madras High Court Order in WP No.15732 of 2017 in the case of Shri P. Iyyamperumal vs UOI and the Order of Hon’ble Supreme Court in SLP No.22283/2018 dated 23.07.2018 – regarding.
Sir/Madam,
I am directed to say that the above matter has been examined in the Board and after dismissal of SLP Dy. No.22283/2018 dated 23.07.2018, the matter was referred to DoP&T for their advice. DoP&T has advised to refer the matter to Department of Legal Affairs (DoLA) to explore the possibilities of review of the Hon’ble Supreme Court Order dated 23.07.2018 in the said SLP Dy. No.22238/2018. Hence, the matter has not attained finality as yet.
2. It is, therefore, informed that the final decision taken in the matter would be intimated in due course as and when the matter attains finality.
Yours faithfully,
(Nagendra Kumar)
Under Secretary to the Government of India
DOPT restricts to join the NJCA protest from 15th March to 30th March 2019
Most Immediate
Out today
No.45018/1/2017-Vig.
Government of India
Ministry of Personnel, P.G. & Pensions
Department of Personnel & Training
North Block, New Delhi,
Dated the 26th March, 2019
Subject : Proposed Protest by Government Employees from March 15, 2019 to March 30, 2019 to protest against National Pension Scheme (NPS) and to demand hike in Minimum pay and fitment factor under 7th Central Pay Commission – Instructions under CCS (Conduct Rules), 1964 – Regarding.
It has been brought to the notice of the Government that a forum by the nomenclature of National Joint Council of Action (NJCA) has decided to organize protest from March 15, 2019 to March 30, 2019 to protest against National Pension Scheme (NPS) and to demand hike in Minimum pay and fitment factor under 7th Central Pay Commission
2. The instructions issued by the Department of Personnel and Training prohibit the Government servants from participating in any form of strike/protest including mass casual leave, go slow etc. or any action that abet any form of strike/protest in violation of Rule 7 of the CCS (Conduct) Rules, 1964. Besides, in accordance with the proviso to Rule 17(I) of the Fundamental Rules, pay and allowances is not admissible to an employee for his absence from duty without any authority. As to the concomitant rights of an Association after it is formed, they cannot be different from the rights which can be claimed by the individual members of which the Association is composed. It follows that the right to form an Association does not include any guaranteed right to strike/protest. There is no statutory provision empowering the employees to go on strike. The Supreme Court has also agreed in several judgements that going on a strike/performing any sort of protest is a grave misconduct under the Conduct Rules and that misconduct by the Government employees is required to be dealt with in accordance with law. Any employee going on strike/protest in any form would face the consequences which, besides deduction of wages, may also include appropriate disciplinary action. Kind attention of all employees of this Department is also drawn to this Department’s O.M. No.33012/1/(S)/2008 Estt.(B) dated 12.9.2008, on the subject for strict compliance (enclosed as Annexure-A).
All officers are requested that the above instructions may be brought to the notice of the employees working under their control. All officers are also requested not to sanction Casual Leave or any other kind of leave to the officers and employees, if applied for, during the period of proposed Dharna/demonstration, and ensure that the willing employees are allowed hindrance free entry into the office premises.
In case employees go on protest anytime during the period 15.03.2019 to 30.03.2019, all Divisional Heads are requested to forward a report indicating the number and details of employees, who are absent from duty during the period of said protest, i.e. from 15.03.2019 to 30.03.2019.
KVS Admission 2019-20 : KV Merit List for Class 1 released
Kendriya Vidyalaya Sangathan has released KVS Admission 2019-20 merit list for Class 1 today. The list will be available in all the Kendriya Vidyalaya schools website. KV released pre & post lottery number. Students called for document verification based on the lottery selection.
Nearly 7 to 8 lakh applications have applied for 1 lakh Kendriya Vidyalaya seats across the country. The students will be shortlisted as per the priority category. The region wise RTE and Single Girl Child lottery schedule is also to be conducted today, March 26, 2019, at various time intervals.
Today KV released only the first merit list, the second and third merit list for Class I admission will be published on 9th April and 23rd April.
Media Reports Maligning GoI over NFFU/NFU to Armed Forces
Certain section of media is attempting to generate motivated controversy on the NFFU/NFU for Armed Forces while the case is still subjudice in the Apex Court. The targeting of Govt officials ascribing false statements to them with an intent to pressurise them is highly condemnable. In case of complicated policies with long term and wider consequences, there may be times when agreement is not easy to build not only between two parties but also within a party, such cases are debated for merit in judicial Courts as per the law of the land. This process must not be attempted to be highjacked by publically targeting the reputation of individuals discharging their duties as the authorised representatives of one side, GoI in this case. In the instant case, the recourse to judicial review was taken as per the existing policies and at the decision of the GoI. Certain facts have been twisted and misrepresented in media with the purpose of misleading uniformed community and the general public. One, the Central Pay Commission has been incorrectly quoted to have recommended NFFU/ NFU for the Armed Forces. Two, there has been no attempt to malign the uniformed community or quote them as staying in ‘palatial houses’ as the hardships faced by military fraternity are well known and deeply respected by everyone including those in the Govt. The counsel of GoI has only read out the recommendations of the 7th CPC as the argument of the case in the Apex Court. Three, the originators of smearing campaign have not spared even a uniformed veteran representing GoI in judicial matters but who has no connection with the instant case. Four, the delay is not at the behest of the Govt but because of the Apex Court asking the Govt to serve the notices to remaining petitioners so that they can also be heard.
MoD requests all to allow the legal procedure in the Apex Court to complete. It is reiterated that Govt stands by its uniformed fraternity and is custodian of its high morale and operational effectiveness.
West Bengal State Government Employees Group Insurance Scheme, 1983 – Table of Benefits from 493rd month to 516th month.
GOVERNMENT OF WEST BENGAL FINANCE DEPARTMENT AUDIT BRANCH
No. 1025-F(J)-W.B.
Date: 15.03.2019
MEMORANDUM
Subject : State Government Employees Group Insurance Scheme, 1983- Table of Benefits Under Savings Fund for the membership period from 493rd month to 516th month.
In continuation of this Department Memo No 1083-F(J)WB dated 23.03.2017 the undersigned is directed to say that a new table of Savings Fund benefits under the above mentioned scheme has been drawn up for further period of membership from the 493re month to the 516th month Counted from April, 1978 and a copy of the same is annexed for guidance of all concerned. The table shows the accumulated amounts as payable on Savings Fund Account to the members of the scheme corresponding to the period of membership as noted against each.
2. Any subscription remaining due on the date of retirement/death shall be recovered with interest from the entitlements as shown in the table.
3. All heads of Departments/Offices are requested to circulate copies to all Offices/DDOs under their control.
Issue of Cashless Treatment Scheme in Emergency (CTSE) Card at the time of retirement
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
RAILWAY BOARD
No. 2018/Trans.Cell/Health/Medical Card
Dated: 20.03.2019
The General Manager, All Indian Railways/PUs, NF(Con), CORE
The DG/RDSO/Lucknow, DG/NAIR/Vadodara
CAOs, DMW/Patiala, WPO/Patna, COFMOW/NDLS, RWP/Bela, CAO/IROAF
Sub : Issue of Cashless Treatment Scheme in Emergency (CTSE) Card at the time of retirement.
Ref: (1) Railway Board letter no.2018/Trans.Cell/Health/Medical Cards dated 30.07.2018.
(2) GM/SECR’s letter no. G/SECR/70 dated 31.01.2019.
With reference to GM/SECR’s letter at (2), and Board’s letter at (1) above, Board (MS, FC & CRB), have approved the following:
1. Issue of Cashless Treatment Scheme in Emergency (CTSE) Card to willing and eligible retiring Railway employees and their dependents at the time of retirement or before subject to their deposition of the required fee as per extant rules and the same will be effective from the next day of retirement.
2. Other extant instructions/guidelines issued from Board on the subject shall remain unchanged or as modified from time to time.
This issues with the concurrence of Associate Finance of Transformation Cell of Railway Board.
Kindly acknowledge the receipt and ensure compliance
