• Breaking News

    Friday, 10 July 2015

    CLARIFICATION REGARDING INTRODUCTION OF PENSION SCHEME AND POST SUPERANNUATION MEDICAL BENEFITS IN CPSES

    F. No. W-02/0017/2014-DPE-(WC) – GL- IX/15
    Government of India
    Ministry of Heavy Industries & Public Enterprises
    Department of Public Enterprises

    Public Enterprises Bhawan
    Block No.l4, CGO Complex, Lodi Road
    New Delhi, 24th June, 2015

    OFFICE MEMORANDUM

    Subject:- Clarifications regarding Introduction of Pension Scheme and Post Superannuation Medical Benefits in CPSEs.

    The undersigned is directed to refer to this Department OM of even number dated 21.05.2014 on the above subject and to state that para (xix) in the said OM may be read as under:

    “In case of Pension Scheme, ideally there should be no provision of ‘commutation’ since the provision of pension in 2007 pay revision guidelines was introduced so that employees have social security and get substantial monthly pension after superannuation”.

    All other provisions of the said OM remain same.

    Sd/-
    (Samsul Haque)
    Under Secretary

    Source:- dpe.nic.in

    No comments:

    Post a Comment

    Highly Viewed

    Comments

    Category

    Contact Form

    Name

    Email *

    Message *

    Google+ Followers