Resolution for Revising Pension in 7th CPC will be issued soon
The notification for revising Pension benefits in Sixth CPC had been issued on the same day of the Gazette Notification issued for revising the Pay and Allowances of Serving employees.
The Sixth CPC had submitted its Report on 24 th March 2008 and exactly after five months, the Central Government issued Notification for Implementation of Sixth CPC report on 29-8- 2008. The same day Resolution for Revising Pension had also been issued by Department of Pension.
When Gazette Notification for implementation of 7 th Pay Commission Recommendation published on 25 July 2016, it was expected that the Notification for Revising Pension in 7 th CPC would also be published. But unexpectedly, on 25 th July 2016, there was no such Resolution or notification issued for revising Pension as per 7 th CPC recommendation.
It is very difficult to understand the reason behind the delay in issuing Resolution for Revising Pension. The Press Note titled ‘Cabinet Decisions on implementation of the recommendation of 7 th Pay Commission’ issued by Ministry Finance states
“ The general recommendations of the Commission on pension and related benefits have been approved by the Cabinet. Both the options recommended by the Commission as regards pension revision have been accepted subject to feasibility of their implementation. Revision of pension using the second option based on fitment factor of 2.57 shall be implemented immediately. A Committee is being constituted to address the implementation issues anticipated in the first formulation. The first formulation may be made applicable if its implementation is found feasible after examination by proposed Committee which is to submit its Report within 4 months.”
It has been clearly stated in the Cabinet Decisions that “Revision of pension using the second option based on fitment factor of 2.57 shall be implemented immediately”
The Pensioners Welfare Associations need to clear the doubt of the Pensioners that why..[Click to Continue ]