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Government approves 100% DA for pre-November 2002 pensioners: MoU signed between IBA and UFBU

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igeadmin
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Government approves 100% DA for pre-November 2002 pensioners: MoU signed between IBA and UFBU

Government approves 100% DA for pre-November, 2002 pensioners as per the MoU signed by UFBU with IBA on 28-7-2023. It will be effective from 1st October, 2023.

Unions are aware that as compared to the earlier DA scheme with ceilings and tapered percentage, UFBU achieved 100% DA compensation without any ceiling under the 8th Bipartite Settlement i.e. from 1-11-2002. Unions had demanding that this benefit may be extended to pensioners who had retired from the Banks prior to November, 2002.

Unfortunately, the issue was dragged into litigation. During the signing of 10th Bipartite Settlement in May, 2015, Unions signed the Record Note in which demanded extension of 100% DA for pre-November, 2002 pensioners. IBA did not agree to this demand on the plea that the issue was sub-judice. Later, Supreme Court declined to accept this demand and hence there was a set back to the demand.

IBA took a positive view and UFBU signed the MoU on 28-7-2023 by which IBA agreed to the demand and to implement it after approval from the Government as under:

For all pensioners and family pensioners relating to period prior to 1st November, 2002 DA rates will be on uniform basis of 100% neutralization as in the case of employees/ officers/ pensioners’/ family pensioners of period on and from 1st November, 2002 as provided herein below

For those pensioners’/family pensioners of period 1-1-1986 to 31-10-1992/30-6-1993, DA shall be at the uniform rate of 0.67% per slab over 600 points.

For those pensioners’/family pensioners of period 1-11-1992/1-7-1993 to 31-3-1998, DA shall be at the uniform rate of 0.35% per slab over 1148 points.

For those pensioners’/family pensioners of period 1-4-1998 to 31-10-2002, DA shall be at the uniform rate of0.24% per slab over 1684 points.
For Pensioners/Family Pensioners of the period from 01.01.1986 to 31.10.1992/30.06.1993

For Basic Pension/Family Pension upto Rs. 1250/-

For Basic Pension/Family Pension from Rs. 1251/- and upto Rs. 2000/-		 Ex gratia of Rs. 800/- per month
Ex gratia of Rs. 450/- per month
For Pensioners/Family Pensioners of the period from 01.11.1992/01.07.1993 to 31.03.1998

For Basic Pension/Family Pension upto Rs. 2400/-

For Basic Pension/Family Pension from Rs. 2401/- and upto Rs. 3850/-		 Ex gratia of Rs. 800/- per month
Ex gratia of Rs. 450/- per month
For Pensioners/Family Pensioners of the period from 01.04.1998 to 31.10.2002

For Basic Pension/Family Pension upto Rs. 3550/-

For Basic Pension/Family Pension from Rs. 3551/- and upto Rs. 5650/		 Ex gratia of Rs. 800/- per month
Ex gratia of Rs. 450/- per month

The Government, the Dept. of Financial Service, Ministry of Finance has given its approval to implement the above benefit with effect from 1st October, 2023.

This would benefit about 1,80,000 pensioners who retired from the Banks including from SBI prior to 1-11-2002.

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100% Dearness Relief (DR) Neutralization to pre-2002 bank retirees

By
igeadmin
-

100% Dearness Relief (DR) Neutralization to pre-2002 bank retirees

eF. No. 4/1/1/2022-IR
Government of India
Ministry of Finance
Department of Financial Services

Jeevan Deep Building, 3rd floor
Parliament Street, New Delhi – 110 001
Dated 5th October 2023

To:

Chief Executive
Indian Banks’ Association
World Trade Centre Complex
Centre 1, 6th floor, Cuffe Parade
Mumbai — 400 005

Subject: 100% Dearness Relief (DR) Neutralization to pre-2002 bank retirees.

Sir,

Please refer to Indian Banks’ Association’s letter No. HR&IR / GOVT/BPS, dated 14.8.2023, on the above subject.

2. In this connection, the undersigned is directed to convey ‘No Objection’ of the Government to Indian Banks’ Association, for advising Public Sector Banks, pending amendments to respective Bank Employees’ Pension Regulations, to pay w.e.f. 1st October, 2023 : –

(i) DR at uniform rate as applicable to the lowest slab of basic pension in the existing DR frameworks, to all pre- 1/11/2002 retirees (100% neutralization of tapered DR);

(ii) Rs. 800.00 and Rs. 450.00 per month as ex-gratia amount, as a standalone Benefit, which will not attract any DR, to pensioners/family pensioners falling under 1st slab of basic pension and drawing highest DR, and 2nd slab of basic pension attracting second highest DR in the present framework, respectively. The ex-gratia amount shall be absorbed in future changes in pension structure, if any; and

(iii) No arrears shall be payable for the periods falling prior to the effective date.

Yours faithfully,

(Vijay Sharikar Tiwari)
Under Secretary to the Government of India
Tel: 011- 23362349
Email: ir[at]nic.in

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Constitute 8th Central Pay Commission, Scrap NPS and Restore OPS – Agitation/programmes in support of seven Charter of Demands: Confederation

By
igeadmin
-

Constitute 8th Central Pay Commission, Scrap NPS and Restore OPS – Agitation/programmes in support of seven Charter of Demands: Confederation

Confederation_Logo

Ref: Contd. Circular/2023

Dated – 09.10.2023

CIRCULAR

TO
All Office Bearers/National Executive Members,
All General Secretaries o/ State COCS.
All Chief Executive of affiliated Organizations

Dear Comrades,

In continuation of the Confederations earlier circular dated 6-9-2023, If is again reiterated that the Confederation along with the All India State Government Employees Federation is conducting phase wise agitation/programmes in support of seven Demands, as per Declaration of the joint National Convention held at Talkatora Indoor Stadium on 6th December 2022. Currently, State level Convention Seminars are being held everywhere, vehicle jathes are taken out either jointly with AISGEF whereever it is possible or separately by the respective organisations. A mega Rally is scheduled to be held on 3rd November 23 at Ramlila Maiden, all out efforts have to made by all the affiliates or Confederation, State COCS to make the Rally, an historic one terms or the number or participants . Already a Rally on single issue or “SCRAP NPS AND RESTORE OPS“, was held on the same venue on 10th August ,under the banner or JFROPS (NJCA), of which Confederation was a major Constituent and actively participated in the rally.

The seven points Charter of Demands in pursuant of which the agitations are going on, and the rally is to be held, are as under ;

1. Annul PFRDA act, Scrap NPS, Restore OPS.
2. Regularise Contractual/Outsourced/Dally waged employees including Health, Education & Postal GDS; fill up all the Vacancies in Central/State Government Departments & PSUs , urgently.
3. Stop privatisation/corporatisation or PSUs and Downsizing of Government Departments.
4. Ensure Democratic Trade union rights; Review the derecognition order’s of NFPE, AIPEU Group C & ISROSA
5. Abandon National Educational Programme.
6.Constitute 8th Central Pay Commission; Release the Pending/Impounded DA/DR for Eighteen Months (from 1-1-20 to 30-6-21).
7. Remove all Rider’s/Restrictions on Compassionate Employment Assistance Scheme.

The quota fixed for various organisations for the 3rd November 23 rally to be organised at RamIlia Maldan.on the call of Confederation and AISGEF. are as under :-

1. NFPE : 5000
2. ITEF. : 3000
3. AUDIT : 1000
4. DELHI : 1000
5. EPF : 500
6. ALL OTHER AFFILIATES:: MINIMUM 50

All the affiliates of Confederation have the daunting task of rising up to the occassion. and their leadership should leave no stone unturned to reach out to each and every member explain them the demands and circumstances under which we are agitating, mobilize the rank and file, for participating en mass in the 3rd November 23 rally and make it a grand Success .It should be ensured that participation of member’s from the Confederation must be more than, that was in the previous rally of 10th August . respective organisations must do their level best to fulfill the quota allotted to them .

State COCs of Delhi and adjoining state’s have to play a major role in mobilizing the rank and file and bringing them for the Rally, as compared to the other states, wherein it would be difficult to bring members in large numbers, owing to various reasons .

Remittance of Quota :: As stated in previous circulars , it is again reiterated that the financial position of the Confederation is very weak , and without fund’s no movement or organisation can be effectively run , huge expenses would be incurred on the proposed program of rally and other activities of the Confederation . General Secretaries of ail the State COCs/All affiliates of the Confederation, are once again requested to kindly remit their “Due quota” of previous year’s,if not paid and the quota for the year of 2023 latest by the 20th October , so that functioning of the organisation could be carried out smoothly and in better way

An online meeting of the National Executive Committee of Confederation would be held, soon to review the ongoing campaign programme and also the financial position of the Confederation .

Comradely yours,

( S B Yadav)
Secretary General

Source : Confederation

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IDA from October 2023 for 2017 Pay Scales CPSE Employees – DPE ORDER

By
igeadmin
-

IDA from October 2023 for 2017 Pay Scales CPSE Employees – DPE ORDER

No. W-02/0039/2017-DPE (WC)-GL-XVIII/2023
Government of India
Ministry of Finance ,
Department of Public Enterprises
****

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated: the 6th October, 2023

OFFICE MEMORANDUM

Subject:- Board level and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs)-Revision of scales of pay w.e.f. 01.01.2017 – Payment of IDA at revised rates-regarding.

***

The undersigned is directed to refer to the para 7 and Annexure-III (B) of DPE’s OM dated 03.08.2017 wherein the rates of DA payable to the Board level and below Board level executives and non-unionized supervisors of CPSEs have been indicated. The rate of DA payable to the executives and non-unionized supervisors of CPSEs w.e.f. 01.10.2023 for 2017 Pay Scales is 43.8%.

2. The above rate of DA 1.e. 43.8% would be applicable in the case of IDA employees who have been allowed revised pay scales (2017) as per DPE O.Ms. dated 03.08.2017, 04.08.2017 & 07.09.2017.

Also Read: IDA from October 2023 for 2007 Pay Scales CPSE Employees – DPE ORDER

3. All administrative Ministries/Departments of the Government of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

4. This issues with the approval of the Competent Authority.

(Naresh Kumar)
Under Secretary

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IDA from October 2023 for 2007 Pay Scales CPSE Employees – DPE ORDER

By
igeadmin
-

IDA from October 2023 for 2007 Pay Scales CPSE Employees – DPE ORDER

No. W-02/0002/2014-DPE(WC)-GL-XIX/2023
Government of India
Ministry of Finance
Department of Public Enterprises
****

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated: the 6th October, 2023

OFFICE MEMORANDUM

Subject:- Board level and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs)-Revision of scales of pay w.e.f. 01.01.2007 – Payment of IDA at revised rates-regarding.

****

The undersigned is directed to refer to the para 6 and Annexure-II (B) of DPE’s OM dated 26.11.2008 wherein the rates of DA payable to the Board level and below Board level executives and non-unionized supervisors of CPSEs have been indicated. The rate of DA payable to the executives and non-unionized supervisors of CPSEs w.e.f 01.10.2023 for 2007 pay scales is 215.6%.

2. The above rate of DA i.e. 215.6% would be applicable in the case of IDA employees who have been allowed revised pay scales (2007) as per DPE O.Ms. dated 26.11.2008, 09.02.2009 & 02.04.2009.

Also Read: IDA from October 2023 for 1997 Pay Scales CPSE Employees – DPE ORDER

3. All administrative Ministries/Departments of the Government of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

4, This issues with the approval of the Competent Authority.

(Naresh Kumar)
Under Secretary

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IDA from October 2023 for 1997 Pay Scales CPSE Employees – DPE ORDER

By
igeadmin
-

IDA from October 2023 for 1997 Pay Scales CPSE Employees – DPE ORDER

No.W-02/0004/2014-DPE(WC)-GL-XX/2023
Government of India
Ministry of Finance
Department of Public Enterprises
***

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodhi Road, New Delhi-110003
Dated: the 6 October, 2023

OFFICE MEMORANDUM

Subject:- Board level and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs)-Revision of scales of pay w.e.f. 01.01.1997 – Payment of IDA at revised rates-regarding.

****

The undersigned is directed to refer to the new DA Scheme at Annexure-III of DPE’s OM dated 25.06.1999 wherein the rates of DA payable to the Board level and below Board level executives and non-unionized supervisors of CPSEs have been indicated. The rate of DA payable is 432.8% from 01.10.2023 to the executives and non-unionized supervisors of CPSEs.

2. The above rates of DA i.e. 432.8% would be applicable in the case of IDA employees who have been allowed revised pay scales (1997) as per DPE O.M. dated 25.06.1999.

Also Read: DA from October 2023 for 1987 and 1992 IDA Pay Scales CPSE Employees – DPE ORDER

3. All administrative Ministries/Departments of the Government of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

4 This issues with the approval of the Competent Authority.

(Naresh Kumar)
Under Secretary

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DA from October 2023 for 1987 and 1992 IDA Pay Scales CPSE Employees – DPE ORDER

By
igeadmin
-

DA from October 2023 for 1987 and 1992 IDA Pay Scales CPSE Employees – DPE ORDER

F.No.W-02/0003/2014-DPE(WC)-GL-XXI/2023
Government of India
Ministry of Finance
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated: the 6th October, 2023

OFFICE MEMORANDUM

Subject:- Payment of DA to Board level/below Board level executives and non-unionized supervisors following IDA scales of pay in Central Public Sector Enterprises (CPSEs) on 1987 and 1992 basis.

The undersigned is directed to refer to Para No.4 of this Department’s O.M. No. 2(50)/86-DPE(WC) dated 19.07.1995 wherein the rates of DA payable to the executives holding Board level post have been indicated. In accordance with the DA scheme spelt out in Annexure-lII of the said O.M, the installments of DA become payable from 1st January, 1st April, 1st July and 1st October, every year based on the price increase above quarterly Index average of 1099 (1960=100).

2. In continuation of this Department’s O.M. of even No. dated 07.07.2023, the rates of DA payable to the executives of CPSEs holding Board level post, below Board level post and Non-Unionized Supervisors following IDA pattern of 1992 pay scales may be modified as follows:-

Date from which payable: 01.10.2023

Average AICPI (1960=100) for the quarter June, 2023 to August, 2023 is 9100. The increase over the link point in percentage [(9100-1099)/ 1099*100] is 728.0%. DA Rates for various Pay Ranges w.e.f. 01.10.2023

DA Rates for various Pay Ranges:

Basic Pay per MonthDA Rates
Upto Rs.3500728.0% of pay subject to minimum of Rs.16002/-
Above Rs.3500 and Upto Rs.6500546.0% of pay subject to minimum of Rs.25480/-
Above Rs.6500 and Upto Rs.9500436.8% of pay subject to minimum of Rs.35490/-
Above Rs.9500364.0% of pay subject to minimum of Rs.41496/-

3. The payment on account of dearness allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paise may be ignored.

4 The quantum of IDA payable from 01.10.2023 at the old system of neutralization @ Rs.2.00 per point shift for increase of 287 points, may be Rs.974/- and at AICPI 9100, DA payable may be Rs. 16789.75 to the executives holding Board level post, below Board level post and non-unionized supervisors following IDA pattern in the CPSEs of 1987 pay scales.

5. All administrative Ministries/Departments of Government of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

6. This issues with the approval of the Competent Authority.

(Naresh Kumar)
Under Secretary

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Announcement of Bonus for 2022-2023: NFPE writes to Secretary, Dept of Posts

By
igeadmin
-

Announcement of Bonus for 2022-2023: NFPE writes to Secretary, Dept of Posts

No. PF/NFPE/BONUS/2022-23

Dated: 06 October 2023

To
Sh. Vineet Pandey,
Secretary Department of Posts,
Dak Bhawan, New Delhi – 110001

Sub: -Announcement of Bonus for the year 2022-2023

Respected Sir,

Announcement of Bonus for the year 2022-2023 during the festivals like Durgotsav, Diwali, Bhai Dooj, Chat Puja etc, which are not far away, is still pending. The session will start from the very beginning of October. So, from now only 10/11 days are remaining left. Employees across the country are worried about bonus announcement. Our experience in recent years is that bonus is announced either just before the festival starts or even after the festival h. started.

Also Read: Declaration of DA, PLB and Ad-Hoc Bonus: Confederation writes to FM

Naturally, our employees specially the Gramin Dak Sewak (GDS) found it difficult to manage their social obligations and rituals. So, a strong sense of resentment had been developed amongst the Postal Employees including GDS.

In these circumstances considering the gravity of the case, we believe you will be kind enough to intervene in to this sensitive issue personally so that bonus is announced at the earliest

With regards.

Yours sincerely,
(J. Majumdar)
Secretary General

Source: NFPE

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Declaration of DA, PLB and Ad-Hoc Bonus: Confederation writes to FM

By
igeadmin
-

Declaration of DA, PLB and Ad-Hoc Bonus: Confederation writes to FM

Ref: Confd. Bonus-DA-DR/2023

Dated — 06.10.2023

To
Smt. Nirmala Sitharaman
Hon’ble Finance Minister
Government of India
Ministry of Finance
North Block, New Delhi – 110001

Sub: DECLARATION OF DA/DR, PLB AND ADHOC BONUS – REG.

Respected Madam,

I would like to bring to your kind attention towards non declaration of the due installment of DA/ DR w.e.f. from 01-07-2023, normally it used to be declared in the last week of September and three months arrears paid in first week of October.

Severe discontent is there amongst employees and pensioners, over the delay in Announcement of the same.

Similarly, Durga Puja festival is approaching and the PLB and Adhoc Bonus too, are to be declared.

The Confederation seeks your immediate intervention in the above matter and request you to kindly cause the Declaration/Issuance of DA/ DR order’s and the Bonus order’s, timely.

With profound regards

Yours Sincerely

(S.B. Yadav)
Secretary General

Source: Confederation

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GPF Interest Rate from October 2023 to December 2023

By
igeadmin
-

GPF Interest Rate from October 2023 to December 2023

F.NO. 5(3)-B(PD)/2023
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Dellhi, the 4 October, 2023

RESOLUTION

It is announced for general information that during the year 2023-2024, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st October, 2023 to 31st December, 2023. This rate will be in force w.e.f. 1st October, 2023. The funds concerned are:

Also Check : GPF Interest Calculator

  1. The General Provident Fund (Central Services).
  2. The Contributory Provident Fund (India).
  3. The All india Services Provident Fund.
  4. The State Railway Provident Fund.
  5. The General Provident Fund (Defence Services).
  6. The Indian Ordnance Department Provident Fund.
  7. The Indian Ordnance Factories Workmen’s Provident Fund.
  8. The indian Naval Dockyard Workmen’s Provident Fund.
  9. The Defence Services Officers Provident Fund.
  10. The Armed Forces Personnel Provident Fund.

Also Read: GPF Interest Rate from July 2023 to September 2023

2. Ordered that the Resolution be published in Gazette of India.

(Ashish Vachhani)
Additional Secretary to the Govt. of India

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