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Investment Guidelines for NPS Scheme other than Govt Employees -PFRDA

PFRDA has announced Investment Guidelines for NPS Schemes (Other than Govt. Sector (CG &SG), Corporate CGI NPS Lite and APY) w.e.f. 10th September, 2015

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY – PFRDA has issued a Circular on Investment Guidelines for NPS Schemes (Other than Govt. Sector (CG &SG), Corporate CGI NPS Lite and APY) w.e.f. 10th September, 2015


PENSION FUND REGULATORY

AND DEVELOPMENT AUTHORITY

Demand for Five year Wage revision policy for Central Government Employees

Five year Wage revision policy for Central Government Employees – Confederation of Central Government Employees and Workers. Karnataka Branch

Confederation of Central Government Employees and Workers, Karnataka Branch, raises a valid question to the effect that why the pay of Central Government Employees should not be revised every five years similar wage policies of PSU Employees and Bank Employees, which gets revised every five years.

5 Key expectations from Seventh Pay Commission

 

1. There will be no running Pay band and Grade Pay System.

 

2. The Pay scales will be open ended to avoid stagnation in the scales. 

 

One Rank One Pension - Veterans Group Splits

One Rank One Pension – The Planned Rally receives a jolt with the Indian Ex-Servicemen League withdrawing from the league citing, ‘The movement is no longer cohesive’.

Just three days ahead of the planned rally, the umbrella organisation leading the agitation for ‘One Rank One Pension (OROP) split yesterday, with a key faction dissociating itself from the grouping, citing “lack of cohesiveness” and suggesting politicisation of the movement.

Pay Commission Setup Analysis

It is the Pay Commission, that ensures that a Government Employee gets a hike in pay at least once in ten years. Also, Pay Commissions attempts to sort out Inter cadre pay differences so that Cadres that are functionally different are equal in status

What is a Pay Commission?

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