HAPPY DUSSEHRA-2016

BPEA,NILGIRI DIVISION

India Post Payments Bank

India Post Payments Bank, which is in a hurry to appoint a head, could get its first chief executive officer from the country’s largest lender State Bank of India (SBI). The bank’s board comprising the CEO, chairperson, besides government nominees and five independent directors is expected to be in place by September. India Post had written to top five government banks including SBI, Punjab National Bank and Bank of Baroda among others in identifying the chief. Sources said that SBI chairman Arundhati Bhattacharya has already responded and proposed a name. However, at a later stage, the payments bank is likely to have a search and select committee in place for the appointment of a CEO. “We are in a hurry to put everything in place as soon as possible, we sought suggestions from the top public sector banks to help us in finding a CEO,” SnK Sinha, secretary, department of post, told HT. The government set aside an initial corpus of ₹ 800 crore for the bank. While the bank will roll out 650 bank branches by September 2017, it will also use the 154,000 existing post offices to sell a host of its products and the new bank could hire about 2,000 people. Source : Hindustan Times

Irregularities and misuse in availing Leave Travel Concession Guidelines to be followed Posted: 23 Jul 2016 06:36 AM PDT Irregularities and misuse in availing Leave Travel Concession Guidelines to be followed No.31011/3/2013-Estt.(A.IV) Government of India Ministry of Personnel, Public Grievances and Pensions Department Of Personnel and Training Establishment A-IV Desk North Block, New Delhi – 110 001 Dated July 12, 2016 OFFICE MEMORANDUM Subject: Irregularities and misuse in availing Leave Travel Concession Guidelines to be followed. The undersigned is directed to enclose a copy of draft O.M.on the subject noted above for comments within 15 days to the undersigned (email address:jha.sn@nic.in) (Surya Narayan Jha) Under secretary to the Government of India No.31011/3/2013-Estt(A.IV) Government of India Ministry Of personnel, Public Grievances and Pensions Department of Personnel and Training Establishment A-IV Desk North Block, New Delhi – 110 001 Dated: , 2016 OFFICE MEMORANDUM Subject: Irregularities and misuse in availing Leave Travel Concession – Guidelines to be followed. The undersigned is directed to say that some instances where some Government servants colluded with private travel agents to submit LTC claims showing inflated airfare to clandestinely obtain undue benefits like free boarding/lodging/transport of cash refunds have come to notice of the Government. 2. In order to curb these malpractices the following steps may be taken: (i) As per instructions reiterated from time to time, in all cases whenever a Govt. Servant claims LTC by air, he/she is required to book the air tickets either directly through the airlines (Booking counters, website of airlines) or by utilizing the service of authorized travel agents viz. M/s Balmer Lawrie & Company’, M/s Ashok Travels & Tours’and ‘IRCTC’. Proposals from different Ministries/Departments for relaxation continue to be received on the plea that the Government servant was not aware of this requirement. Vide the OM dated No.31011/3/2015-Estt (A.IV) dated 18th February, 2016 detailed guidelines on submission and processing of claims were circulated These guidelines are required to be made available to Government servants whenever they apply for LTC. Plea of ignorance of the instructions therefore cannot be used by such Government Servants. The nodal Ministries of M/s Balmer Lawrie & Co. (Ministry of petroleum and Natural Gas), M/s Ashok Travels & Tours (Ministry of Tourism) and IRCTC (Ministry of Railways) shall issue instructions to these organisations to ensure compliance to the instructions issues vide O.M.dated 18th February, 2016 on issue of air tickets. Any violation of these instructions shall invite blacklisting. (ii) Vide the Department of Expenditure’s O.M.No.19024/1/2009-E.IV dated 04.03.2011, it was clarified that reimbursement of air fare lower than LTC-80 fare of Air India is admissible for the journey(s) performed by Air India under LTC-80. LTC-80 fare is to be used as the ceiling beyond which no claim will be entertained. It has now been decided that in accordance with the canons of financial propriety, Government servants should purchase tickets at the lowest rate available at the time of booking for the date and time of scheduled journey. Government servant will be required to submit the print out of the tickets showing date and time of booking in addition to the fare charged. It may, however, be kept in mind that in some cases of cancellation/rescheduling, a refund fee may be applicable. This will be borne by the employee unless the journey had to be rescheduled/cancelled due to exigencies of work. The Authority which has approved the LTC will have the powers to cancel or reschedule it. (iii) While submitting the LTC claim after completion of the LTC journey, the Govt. Servant will be required to submit a self-certificate on plain paper as follows: (1) I certify that the airfare claimed by me is in respect of the fare charged by the Airline for the air journey only and does not include any charges for any facility/undue benefit including boarding/lodging/local transport. (2) I also certify that I have booked the ticket at the lowest fare available for the destination at the time of booking for the scheduled date and time of departure. I am aware that suppression of any information or furnishing wrong information will render me liable to disciplinary action. 3. The Administrative Ministries/Department may also from time to time do random checks from airlines whether the tickets were booked at the lowest fare available on that date. Attention of the Ministries/Departments is also invited to Rule 3(1)(i) of the Central Civil services (conduct) Rules, 1964 which requires the Government servants to maintain absolute integrity at all times. In addition, cheating/fraud also attract various sections of the India Penal code 1860. Ministries/Departments should therefore not hesitate to take severe action against employees guilty of deliberate malpractices, particularly in collusion with travel agents etc. 4. All the Ministries/Departments of Government of India are requested to bring the contents of this O.M. to the notice of all concerned. (Surya Narayan Jha) Under secretary to the Government of India

Gazette Notification for implementation of 7th CPC Posted: 23 Jul 2016 06:33 AM PDT Gazette Notification for implementation of 7th CPC Comrades, There are lot of discussions about the date of Gazette Notification for implementation of 7th CPC & Office Memorandum, It usually takes about 15 to 20 days after cabinet approval of the pay commission report .Let us examine the 6th CPC dates. The union cabinet gave its approval for implementation of the recommendations of the Sixth Central Pay Commission on 14th August 2008. Gazette Notification for implementation of 6th CPC was issued on 29th August 2008 & Office Memorandum was issued on 30th August 2008, after 16 days after cabinet approval. The 7th CPC : The union cabinet gave its approval for implementation of the recommendations of the Seventh Central Pay Commission on 29th June 2016. Hence the Gazette Notification for implementation of 7th CPC & Office Memorandum is likely issued in next week. Comradely yours (P.S.Prasad) General Secretary

F.No.3/1/2016-P&P-I

GOVERNMENT OF INDIA

STAFF SELECTION COMMISSION

COMBINED GRADUATE LEVEL EXAMINATION 2016

REVISED SCHEME OF EXAMINATION

The candidates may please refer to the Para No. 9, 9.1 and 9.2 (related to Scheme of Examination) of the Notice of Combined Graduate Level Examination, 2016 published on 13.02.2016 on Commission’s website as well as Employment News/Rozgar Samachar.

In accordance with Para No. 9.1 of the Notice, the Commission had reserved the right to make changes in the scheme of examination such as conduct of Tier-I and Tier-II examination in computer based examination mode, treating Tier-I examination as only qualifying etc.

Under the provisions of the Notice as referred above, the Commission has decided to reduce the Number of Questions from 200 to 100 in Tier-I of the above Examination which would continue to carry 200 marks. The duration of the Tier-I examination would be for a period of 75 minutes. It has also been decided to conduct the Tier-I and Tier-II in computer based examination mode in place of OMR based examination mode. Tier-I is scheduled to be held from 27th August, 2016.

Accordingly, the revised scheme of examination is detailed below:- Tier	Mode of examination	Scheme of Examination	Marks	Time
I	Computer based	A. General Intelligence & Reasoning 25 Questions B. General Awareness 25 Questions C.Quantitative Aptitude 25 Questions D.English Comprehension 25 Questions	50 Marks 50 Marks 50 Marks 50 Marks Total -200 Marks *	75 Minutes (Total) For VH and candidates suffering from Cerebral Palsy: 100 Minutes
II	Computer based	Same as published in the Notice of Examination	Same as published in the notice of the Examination	Same as published in the notice of the Examination

* There will be negative marking of 0.50 for each wrong answer in Tier-I. In respect of Tier-II, the negative marking system will remain unchanged.

In addition to above, the Commission has also decided to introduce a Descriptive Paper of English/Hindi as Tier-III. The Question Paper will be bilingual. The candidates will have the option to choose any one medium. The details may be read as under:- Tier	Mode of Examination	Scheme of Examination	Marks	Time
III	Pen and Paper mode	Descriptive Paper in English/Hindi (writing of Essay/Precis/Letter /Application Writing etc.	Total marks 100	60 minutes For VH and candidates suffering from Cerebral Palsy: 80 Minutes
IV	Data Entry Skill Test (DEST) / Computer Proficiency Test (CPT) (wherever applicable)	Same as published in the Notice of Examination	Qualifying	Same as published in the Notice of Examination

 The final merit will be prepared on overall performance in Tier-I, Tier-II and Tier-III. However, the candidate will need to qualify all the tiers i.e. Tier-I, Tier-II and Tier-III separately. There will be no sectional cut-off.

Document Verification will also be conducted as per the provisions of the notice of examination.

                                                                                                            Under Secretary (P&P-I)

                                                                                                             01.07.2016

Frequently Asked Question About New Pension Scheme (NPS)

Frequently Asked Question About New Pension Scheme (NPS)

1. What is the New Pension System (NPS)?

The NPS is a new contributory pension scheme introduced by the Central Government for employees joined in Government Service on or after 1.1.2004. During the year 2009, the NPS was kept open for public.

2. Who is covered by the NPS?

a. Employees who have joined central government service on or after 01 January 2004 including Railways, Posts, Telecommunication or Armed Forces (Civil), Autonomous Body, Grant-in-Aid Institution, Union Territory or any other undertaking whose employees were eligible to a pension from the Consolidated Fund of India., earlier.

b. This contribution pension scheme is also open to any Indian citizen between the age of 18 and 55.

3. I am covered by the NPS. Can I contribute to the GPF?

No. The General Provident Fund ( Central Service) Rules, 1960 is not applicable for employees covered by NPS.

4. I Am covered by the NPS. Am I eligible to Gratuity?

No. You will not be eligible to Gratuity.

5. How does the NPS work ?

When you join Government service, you will be allotted a unique Personal Pension Account Number (PPAN). This unique account number will remain the same for the rest of your life. You will be able to use this account from any location and also if you change your job. The PPAN will provide you with two personal accounts:

A mandatory Tier-I pension account, and

A voluntary Tier-II savings account.

6. What is the difference between Tier-I and Tier-II accounts?

Tier-I account: You will have to contribute 10% of your pay in pay band + grade pay + DA into your Tier-I (pension) account on a mandatory basis every month. You will not be allowed to withdraw your savings from this account till you retire at age 60. Your monthly contributions and your savings in this account, subject to a ceiling to be decided by the government, will be exempt from income tax. These savings will only be taxed when you withdraw them at retirement.

Tier-II account: This is simply a voluntary savings facility for you. Your contributions and savings in this account will not enjoy any tax advantages. But you will be free to withdraw your savings from this account whenever you wish.

7. How will I contribute to my Tier-I (pension) account?

Every month, the government will deduct 10% of your salary (10% of pay in pay band + grade pay + DA) and automatically transfer this amount to your Tier-I account in your name.

8. Will the Government contribute anything to my Tier-I (pension) account?

Yes. As your employer, the Government will match your contribution (10% of pay in pay band + grade pay + DA) and transfer this amount also to your Tier-I account in your name.

9. Can I contribute more than 10% into my Tier-I account?

Yes. You will be permitted to contribute more than the mandated 10% of pay in pay band + grade pay + DA into your Tier-I account – subject to any ceiling that may be decided by the Government.

10. Will the Government also contribute more than 10% into my Tier-I account?

No. The contribution of the Government will be limited to 10% of your pay in pay band + grade pay + DA.

11. What will happen if I am transferred to another city?

The PPAN number will stay the same and you will be able to use the same account.

12. If I leave Government service before I retire will the Government continue to contribute to my Tier-I account?

No. The 10% contribution by the Government will stop when you leave Government service. However, your savings in your Tier-I and Tier-II accounts will stay in your name and you will be able to continue using these accounts to save for your retirement.

13. What if I die or become permanently disabled during my service?

Additional Relief on death/disability of Government servants covered by the NPS(New Pension Scheme) recruited on or after 1.1.2004 has been discussed in this Office Memorandum No.38/41/06/P&PW(A) Dated 5th May, 2009

14. How will the money be invested?

The money you invest in NPS will be managed by professional fund managers.

Currently, you have the choice of picking up one of the following six fund managers: ICICI Prudential Pension Management, IDFC Pension Fund Management, Kotak Mahindra Pension Fund, Reliance Capital Pension Fund, SBI Pension Funds, and UTI Retirement Solutions. In addition to this there are three schemes for which you have to opt.

Scheme A This scheme will invest mainly in Government bonds
Scheme B This scheme will invest mainly in corporate bonds and partly in equity and government bonds Scheme C This scheme will invest mainly in equity and partly in government bonds and corporate bonds.

15. Can I switch fund managers if I am not happy with my current fund manager?

Yes, you can switch fund managers. PFRDA, the pension fund regulator, will declare the value of your investment every year in April. At that point of time, if you are not satisfied with the performance of your fund manager, you can switch to another fund manager between May 1 and May 15.

16. What are the charges?

This is where NPS wins hands down against all other modes of creating a corpus to generate income after retirement. The fund management charge of NPS is 0.0009% of the value of the investment, every year. In comparison, pension plans of insurance companies charge 0.75-1.75% as fund management charge, which is 800-2000 times higher. The other expenses charged are also very reasonable.

17. I am covered by the NPS. Do the old Pension Rules apply to me?

No. The Central Civil Service Pension Rules (1972) will not be applicable to you.

18. Who will be responsible for the NPS and for protecting my interests?

The Government has set up a new dedicated regulatory authority known as Pension Fund Regulatory and Development Authority (PFRDA). The PFRDA will be responsible for the NPS and for protecting your interests in the NPS in consultation with Ministry of Finance.

19. Who in the Government will issue me a PPAN account and be responsible for the deductions?

When you join Government service, your Drawing and Disbursement Officer (DDO) will instruct you to fill out a NPS form. You will be required to provide your full professional and personal details including details of your nominee in this form. The DDO will issue you the PPAN number(PRAN) and will also be responsible for all administrative matters related to your NPS accounts including deduction of your contributions, transferring your contributions and the matching contribution of the Government to your Tier-I pension account.

20. What will happen to my contributions to my Tier-I account?

Your monthly contributions, and the matching contributions by the Government into your Tier-I account, will be transferred by the Government in your name to a Pension Fund Manager (PFM). The PFM will invest your contributions on your behalf. In this way, your savings will appreciate and grow over time.

21. Will I be permitted to select more than one Pension Fund Manager to manage my savings?

Yes. If you wish, you will be able to spread your savings across multiple PFMs – where a part of your savings are managed by 2 or more PFMs.

22. Am I guaranteed a certain rate of return?

No return is guaranteed as it is in case of EPF and PPF. The amount of money you make is dependant on how well the fund managers chosen by you perform. But, the extremely low charges in NPS sure give it an edge over the the pension plans of insurance companies.

23. Can I contribute more than 10 into my Tier-I account?

Yes. You will be permitted to contribute more than the mandated 10% of Basic+DA+DP into your Tier-I account – subject to any ceiling that may be decided by the Government.

24. Can I withdraw money from the account?

The NPS offers two accounts: tier I and tier II. Currently only tier I account is available. This is a non-withdrawable account and investments in this keep accumulating till you turn 60. Withdrawal is allowed only in case of death, critical illness or if you are building or buying your first house. In case of death the nominee can get 100% of NPS wealth in a lump sum. He can however continue with the NPS in case he wishes to.

25. What will happen to my savings in the Tier-I account when I retire?

You will be able to withdraw 60% of your savings as a lump sum when you retire. You will be required to use the balance 40% of your savings to purchase an annuity scheme from a life insurance company of your choice. The life insurance company will pay you a monthly pension for the rest of your life.

26. Can I use more than 40% of my savings to purchase the annuity?

Yes. You can use more than 40% of your savings to purchase annuity.

27. What will happen to my savings if I decide to retire before age 60?

You will be required to use 80% of your savings in your Tier-I account to purchase the annuity. You will be able to withdraw the balance 20% of your savings as a lumpsum. The other option is , you can continue to invest in NPS on monthly basis and then purchase annuity using 40% of your savings at the age of 60.

28. Will the annuity also provide a family (survivor) pension?

Yes. You will have an option of selecting an annuity which will pay a survivor pension to your spouse.

29. What will happen to my savings in the Tier-I account when I retire?

You will be able to withdraw 60% of your savings as a lumpsum when you retire. You will be required to use the balance 40% of your savings to purchase an annuity scheme from a life insurance company of your choice. The life insurance company will pay you a monthly pension for the rest of your life.

30. What happens at retirement?

NPS by default sets the retirement age at 60. Once you attain that age, you can use the money that has accumulated to generate a regular pension for yourself. In order to do this, you have to compulsorily buy immediate annuity from a life insurance company with 40% of the money that has accumulated. As explained at the beginning, buying an immediate annuity will assure a regular payment for you. Since a minimum of 40% needs to be used to buy an immediate annuity, a maximum of 60% of the money accumulated can be withdrawn. However, unlike other tax-saving instruments like Public Provident Fund (PPF) and Employees’ Provident Fund (EPF), wherein the amount at maturity is tax-free, in case of NPS this amount is taxable.

31. Whether a retiring Government servant is entitled for leave encashment after retirement under the NPS?

The benefit of encashment of leave salary is not a part of the retirement benefits admissible under Central Civil Services (Pension) Rules, 1972. It is payable in terms of CCS (Leave) Rules which will continue to be applicable to the government servants who join the government service on after 1-1-2004. Therefore, the benefit of encashment of leave salary payable to the governments/to their families on account of retirement/death will be admissible.

32. Why is it mandatory to use 40% of pension wealth to purchase the annuity at the time of the exit (i.e. after the age of 60 years) from NPS?

This provision has been made in the New Pension Scheme with an intention that the retired government servants should get regular monthly income during their retired life.

33. Whether any minimum age or minimum service is required to quit from Tier-I?

Exit from Tier-I can only take place when an inpidual leaves Government service.

34. Whether Dearness Pay is counted as basic pay for recovery of 10% for Tier-I?

As per the New Pension Scheme, the total Dearness Allowance is to be taken into account for working out the contributions to Tier-I. Subsequently, a part of the “Dearness Allowance” has been treated as Dearness Pay. Therefore, this should also be reckoned for the purpose of contributions.

35. Whether contribution towards Tier-I from arrears of DA is to be deducted?

Yes. Since the contribution is to be worked out at 10% of (Pay+ DP+DA), it needs to be revised whenever there is any change in these elements.

36. Who will calculate the interest PAO or CPAO?

The PAO should calculate the interest.

37. What happens if an employee gets transferred during the month? Which office will make deduction of Contribution?

As in the case of other recoveries, the recovery of contributions towards New Pension Scheme for the full month (both inpidual and government) will be made by the office who will draw salary for the maximum period.

38. Whether NPA payable to medical officers will count towards ‘Pay’ for the purpose of working out contributions to NPS?

Yes. Ministry of Health & Family Welfare has clarified vide their O.M. no. A45012/11/97-CHS.V dated 7-4-98 that the Non-Practicing Allowance shall count as ‘pay’ for all service benefits. Therefore, this will be taken into account for working out the contribution towards the New Pension Scheme.

39. Whether a government servant who was already in service prior to 1.1.2004, if appointed in a different post under the Government of India, will be governed by the CCS (Pension) Rules or NPS?

In cases where Government servants apply for posts in the same or other departments and on selection they are asked to render technical resignation, the past services are counted towards pension under CCS (Pension) Rules, 1972. Since the Government servant had originally joined government service prior to 1-1-2004, he should be covered under the CCS (Pension) Rules, 1972.

40. Will I get a tax deduction for the investment?

Yes, under Section 80CCD of the Income Tax Act investments of up to Rs 1 lakh in the NPS can be claimed as tax deductions. Readers should remember that this Rs 1 lakh limit is not over and above the Rs 1 lakh limit available under Section 80C. In fact, the combined limit of investments made under Section 80C, 80CCD and section 80CCC (for investments made into pension plans of insurance companies) is Rs 1 lakh.

BHARATIYA POSTAL EMPLOYEES ASSOCIATION, NILGIRI

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7th Pay Commission Award From July 1st New Delhi: A Finance Ministry’s official today said new pay scale for all central government officials and employees under the 7th Pay Commission award will be implemented from July 1, 2016. “The 7th Pay Commission award will be implemented after taking decision of the cabinet in light of recommendations made in the reports of the 7th Pay Commission and the recommendations Empowered Committee of Secretaries, which will be made on June 11″ he said in reply to our question. The cabinet expects giving the 7th Pay Commission award to central government employees in the next month, The Prime Minister Narendra Modi will give his approval to the 7th Pay Commission award like he approved the proposal of extending the retirement age of all doctors of the Central Health Service to 65 years, creating a record of sorts by clearing the proposal in less than than 24 hours of receiving it from the Health Ministry, said a top PMO official on Tuesday asked not to be named because he was not authorized to release the information. The Empowered Committee of Secretaries would scrutinise recommendations of the 7th Pay Commission on June 11finally to make government able to announce the 7th Pay Commission award to implement from July 1, Finance Ministry official said. Accordingly, the brightest diyas of coming Diwali will be lit outside houses of central government employees. For, when the rest of the world is reeling under the fear of losing jobs. The 7th pay commission recommendations’ implementation could not have been timelier, some economic experts say. So when the world is plunging in recession, central government employees are busy counting their blessings along with the hard cash they will receive in August as arrears from January 2016. The several central government establishments such as the railways, telecom, air force, army, CPWD, CRPF, DRDO, CISF, Income Tax, Survey of India, customs and excise, among others are in happy mood. These would perhaps live up to the ‘happy and prosperous’ Diwali greeting. After all, they will get arrears as well as bonus ahead of festive season. The 7th Pay Commission headed by Justice A K Mathur proposed the highest salary at Rs 250,000 and the lowest at Rs 18,000. The commission also recommended 14.27 per cent increase in basic pay, 23.55% overall increase in salary, allowances and pensions. The increase in allowances was recommended 63% while pension was proposed to rise 24%. The previous Sixth Pay Commission had recommended a 20 per cent hike in basic pay which the government doubled while implementing it in 2008. A 13 members Empowered Committee of Secretaries, led by cabinet Secretary P K Sinha was formed in January to review the recommendations of 7th Pay Commission before cabinet nod and the committee is likely to finalize its work on June 11. The Empowered Committee of Secretaries is likely to reach the conclusion to propose 30 percent basic pay raise instead of 14.27 per cent, which was recommended by 7th Pay Commission. They are also mulling for doubling of existing rates of such allowances and advances, which has been recommended for abolition by the 7th Pay Commission, sources said. Finance Minister Arun Jaitley will take the Empowered Committee of Secretaries’ proposal to the Union Cabinet for its approval in this month,” they said. The new pay scales will be effective from January 1 for all central government employees.