Learnt from the reliable sources after the Recommendations submitted by the Committee of Secretarties that Pay Bands recommended by CPC will be enhanced by 12 % of old basic i.e. i/o 74 % , 86 % will be added to old basic . As per revised formula Gross Pay is worked out as Follows.
OLD BASIC Pay as on 1.1.2006 + 86 % of Basic +Grade Pay = New Basic Pay.
Employees working as on 1.1.2006 will be get benefited of the revised scale . Scales for the new employees joined after 1.1.2006 will be granted different pay scales.
*Increments @ 3 % & 4 % i/o 2.5% & 3 %.
*Transport Allowance for A-1 Cities 1600/- For other cities 1200 /-
* HRA 30 % , 20 % & 10 % as recommened.
* No change in DA & Bonus formula.
* Tution fee 1000/- P.M. up to 12000 /- Limited annually.
* 4 % increment as on 1.1.2007.
As per revised formula Pay scales will be as follows.
Group "D"- 2750 to 7000 /- 3050 to 7580
Postman - 3200 to 7960.
PA 4000 to 9840
4500 to 11170
5500 to 13500
6000 to 14430
6500 to 16290
7450 to 18460
7500 to 18750
* Decision is expected after the cabinet meeting of 23.7.2008. Expected that effect will be given in the pay of August 2008.
by General Secretary IPSBCO Staff Assn.
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