Tuesday, September 2, 2008

Sixth pay commission: 50 lakh employees to benefit from Sixth Pay panel

Sixth pay commission: 50 lakh employees to benefit from Sixth Pay panel

New Delhi: The sixth pay commission will be effective from September 1 and pay arrears will be accounted retrospectively from January 1, 2006. Over 50 lakh government employees will be receive an enhanced pay packet.


The armed forces personnel will gain too, with the government having notified the revised recommendations of the Sixth Central Pay Commission (CPC) three days ago.


More than one million defence personnel will be the first to benefit from the Sixth Pay Commission recommendations.


Forty per cent of the arrears will be paid in this financial year 2008-2009.


The balance 60 per cent will be paid in 2010.


Persons below officer ranks will receive Military Service Pay at the enhanced rate of Rs 2,000.


While officers of the rank of colonel and brigadier will be elevated to the major-generals' pay band of Rs 37,400 to Rs 67,000.


The much-awaited CPC proposals had received a seal of approval from the union cabinet almost a fortnight ago. The Centre amended certain recommendations of the Justice Sri Krishna-led Pay Commission. The commission had submitted its report to the government on March 24 this year.


Source: http://www.ibnlive.com

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