NEW DELHI: Ahead of elections, the government on Wednesday announced constitution of the Seventh Pay Commission, which will go into the salaries, allowances and pensions of about 80 lakh of its employees and pensioners.
"Prime Minister Manmohan Singh approved the constitution of the 7th Pay Commission. Its recommendations are likely to be implemented with effect from January 1, 2016", finance minister P Chidambaram said in a statement.
The setting up of the Commission, whose recommendations will benefit about 50 lakh central government employees, including those in defence and railways, and about 30 lakh pensioners, comes ahead of the assembly elections in 5 states in November and the general elections next year.
The government constitutes Pay Commission almost every ten years to revise the pay scales of its employees and often these are adopted by states after some modification.
As the Commission takes about two years to prepare its recommendations, the award of the seventh pay panel is likely to be implemented from January 1, 2016, Chidambaram said.
The Sixth Pay Commission was implemented from January 1, 2006, fifth from January 1, 1996 and fourth from January 1, 1986.
The names of the chairperson and members of the 7th Pay Commission and its terms of reference will be finalized shortly after consultation with major stakeholders, Chidambaram said.
LATEST NEWS ON LTC
LATEST NEWS ON DEARNESS ALLOWANCE
RETIREMENT AGE FOR CENTRAL STAFF
REDUCE RETIREMENT AGE FOR NEW CENTRAL EMPLOYEES FROM 1/1/2016 NO PROPOSAL TO INCREASE RETIREMENT AGE FOR CENTRAL GOVERNMENT EMPLOYEES J&K govt increases retirement age from 58 to 60 Employees to get pension payment order soon after retirement RAISE THE RETIREMENT AGE TO 65 YEARS Central govt employees’ retirement age to be extended by 2 years to 62 Union government wants retirement age 62 Cabinet decision to increase retirement age deferred Govt not considering to raise retirement age to 62 yrs
MACPS/ACPS for the Central Government Civilian Employees – Regarding MACP Scheme - treatment of employees appointed through LDCE/GDCE against Promotee Quota vacancies at par with those selected against DR/LDCE quota vacancies —reg. CENTRAL GOVERNMENT EMPLOYEES DEMANDS ON MACP MODIFIED ASSURED CAREER PROGRESSION SCHEME FOR MULTI TASKING STAFF Modified Assured Career Progression Scheme for the Central Government Civilian Employees SUMMARY RECORD OF DISCUSSIONS HELD DURING THE THIRD MEETING OF THE JOINT COMMITEE ON MACPS LATEST FAQ ON MACP FOR CENTRAL GOVT EMPLOYEES
MACP FOR CENTRAL GOVT EMPLOYEES
Restructuring of cadre of Artisan Staff in Defence Establishment in modification of recommendation of 6th CPC Modified ACP Scheme (MACPS) for Railway employees- clarification-NFIR IMPORTANT DEMANDS OF THE RAILWAYMEN TO BE PURSUED BY THE ALL INDIA RAILWAYMEN’S FEDERATION
7 CPC HRA 7 TH CPC REPORT 7CPC ARREARS 7TH CENTRAL PAY COMMISSION 7th CPC 7th cpc allowances 7th cpc anomalee committee 7TH CPC BUNCHING BENEFIT 7th cpc da 7th cpc defence matrix table 7TH CPC LATEST NEWS 7th PAY COMMISSION ADVANCE AICPIN ALLOWANCE BANK EMPLOYEES CENTRAL GOVERNMENT CIVILIAN EMPLOYEES. CENTRAL GOVERNMENT EMPLOYEES CGHS CHILD CARE LEAVE children education allowance DA JULY 2017 DEARNESS ALLOWANCE DOPT HOLIDAY HOMES MACP MINIMUM PENSION NATIONAL PENSION SYSTEM NC JCM PENSIONERS PORTAL RAILWAYS REDUCE RETIREMENT AGE FROM 60 TO 58 SEXUAL HARASSMENT AT WORK PLACES WOMEN EMPLOYEES