Do anyone have news about pensioners in 6th pay commission??

Question

Do anyone have news about pensioners in 6th pay commission??

Answer 1

i think the total emoluments receivable on 1.1.06, i.e. pension as on 1.1.06 having component of basic pension(till 31.3.04), 50% addition o/c merged dearness relief plus 24% dearness relief as on 1.1.06 qualfies for 40% enhancement- huge benefit so my work-out may turn out a freak!

Answer 2

The Central Goverment has accepted the 6 th pay commissions recommendations with some modifications. These recommendations are also applicable for Central Govt  existing Pensioners.There are books on this aspect in the market showing tables for the fitment of employees pay and pensioners pension in the form of a ready reckoner tables.

Banks are expecting orders from their Head Offices to regulate the revised pension and pay the arrears. The revised pension based on this fitment will be paid from the month of Aug 2008. The arears from 1-1-2006 will be paid in two instalments ,one now of 40% and the balance 60% during the year 2009-10

I have purchased this book and noted my revised pension fitment based on the pension with merged DA as on 1-1-2006