7th Pay Commission may be submitted in Second Week of September 2015 – Dainik Bhaskar News

7th Pay Commission may be submitted in Second Week of September 2015 – Dainik Bhaskar News relating to 7th CPC also indicates abolition Grady Pay System and introduction of 15 new pay scales

Seventh Pay Commission is expected to double the salaries of government employees. The Commission’s report is to be submitted to the central government in the second week of September. The new pay scale will be implemented January 1, 2016.

According to sources, the seventh pay commission my abolish grade pay, and instead 15 new pay scales would be introduced. The pay will include pay in the pay scale plus the applicable Dearness Allowance. Based on this pay, allowances such as HRA and transportation allowance will be determined.

As per the 6th Pay Commission, presently in force, the employees get the full benefit of retirement after completion of 33 years of service. After retirement, they get gratuity to the extent of 16 1/2 months of pay. The retirement policy and benefits are expected to be the same in the 7CPC also.

The Seventh Pay Commission report is yet to be submitted to the government. Once submitted, the same will be examined by a committee of senior officers of the government.  This may take another two months. Then it will be submitted to the Ministry of Finance, which he will give the go-ahead to implement the recommendations next year January 1, 2016. Assuming a 2.86 times increase in salary, burden on the exchequer would be Rupees 1 Lakh 28 thousand crores.

Officers and employees of the organization have already put their demands before the government. The associations of central government staff officers have warned that they will go on strike if there is too much cut in the CPC recommendations report.