New Delhi, May 9: The much awaited Seventh Pay Commission is likely to propose a simpler pay structure for its employees, media reported.
The Seventh Pay Commission likely to be implemented from June-July may not face tough time in the cabinet next month. According to reports, a single tier new band is likely to be introduced for employees where the component of the salary will not be made up in two parts as is the practice one is the pay band and the other being the additional grade pay.
The high-powered panel headed by Cabinet Secretary P K Sinha was set up Sinha to process the recommendations of the 7th Pay Commission. The 7th Pay Commission has recommended a 23.55 per cent hike in salary, allowances and pension, involving an additional burden of Rs 1.02 lakh crore, to central government employees and pensioners.
The Pay Commission recommendations, when implemented, would have bearing on remuneration of 47 lakh central government employees and 52 lakh pensioners. Subject to acceptance by the government, the recommendations will take effect from January 1, 2016. Pay Commission will be implemented after cabinet will give it a final approval. Currently, the Implementation cell of the Empowered Committee of Secretaries is trying to address various issues with it. OneIndia News
SOURCE - oneindia.
The Seventh Pay Commission likely to be implemented from June-July may not face tough time in the cabinet next month. According to reports, a single tier new band is likely to be introduced for employees where the component of the salary will not be made up in two parts as is the practice one is the pay band and the other being the additional grade pay.
The high-powered panel headed by Cabinet Secretary P K Sinha was set up Sinha to process the recommendations of the 7th Pay Commission. The 7th Pay Commission has recommended a 23.55 per cent hike in salary, allowances and pension, involving an additional burden of Rs 1.02 lakh crore, to central government employees and pensioners.
The Pay Commission recommendations, when implemented, would have bearing on remuneration of 47 lakh central government employees and 52 lakh pensioners. Subject to acceptance by the government, the recommendations will take effect from January 1, 2016. Pay Commission will be implemented after cabinet will give it a final approval. Currently, the Implementation cell of the Empowered Committee of Secretaries is trying to address various issues with it. OneIndia News
SOURCE - oneindia.