Wednesday, August 20, 2008

Sixth Pay Commision Report and Pay, Incremennt, Arrear Calculator at http://www.paycom.cjb.net

Sixth Pay Commision Report and Pay, Incremennt, Arrear Calculator at http://www.paycom.cjb.net

Sixth Pay Commission Report & Implications with Calculator for Pay, Pension and Arrears

In an Independence Day-eve bonanza, the central government on Thursday gave

its 50 lakh employees, including defence personnel, a significantly bigger pay packet improving on the recommendations of the Sixth Pay Commission with retrospective effect from January, 2006.

The Union Cabinet, which met on Thursday, approved the new pay scales that would give the employees an average increase of 21 per cent, a decision that would cost the exchequer Rs 22,131 crore -- Rs 15,717 crore on the General Budget and Rs 6,414 crore on the Railway Budget -- in 2008-09.


"The overall average increase is 21 per cent," Expenditure Secretary Sushma Nath said. The fitment rate will be 40 per cent as against 28 per cent recommended by the Sixth Pay Commission.

In a significant modification of the Pay Commission recommendation, the government has raised the fitment rate, which helps in arriving at higher allowances in view of merger of 50 per cent DA with basic pay, in revised pay bands to 40 per cent as against 28 per cent.

The minimum basic pay for a government servant at the lowest level has been increased to Rs 7,000 against Rs 6,660 per month awarded by the Commission. Consequently, the total emoluments of this class of employees would exceed Rs 10,000 including allowances.

Officials say that the increase in the higher brackets of pay will not be much compared with the Commission's recommendation. However, in the category of defence personnel, the recommendations of the Commission, which had led to large-scale discontent, the modifications on the basis of an empowered committee's suggestions have been significant.

Source: http://www.paycom.cjb.net/

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