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CGEGIS Tables 2017 – Tables of Benefits for the savings fund for the period from 01.04.2017 to 30.06.2017

CGEGIS Tables 2017 – Tables of Benefits for the savings fund for the period from 01.04.2017 to 30.06.2017

No.7(2)/EV/2016
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the 2nd June, 2017

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.04.2017 to 30.06.2017.

Ministry of Finance issues two Table of Benefits on quarterly basis for the savings fund to the beneficiaries under Central Government Employees Group Insurance Scheme (CGEGIS)-1980. While one Table of Benefits for the savings fund of the scheme is based on a subscription of Rs.10 per month per unit from 1.1.1982 to 31.12.1989 and Rs.15 per month per unit w.e.f. 1.1.1990 onwards, the other Table of Benefits for the savings fund is based on a subscription of Rs.10 per month in respect of the employess who had opted out of the revised rates of subscription w.e.f. 1.1.1990.

2. The Table of Benefits under CGEGIS-80 are prepared by IRDA based on the rate of interest notified by DEA for samll savings including GPF. Earlier, DEA used to notify the interest rate on financial year basis. However, DEA has now shifted to notifying the interest rate on quarterly basis. In view of this, it has been decided that the Table of benefits will be issued on quarterly basis commencing from 1.1.2017 to 31.3.2017.

3. The two tables under CGEGIS-80 for the first quarter of the year 2017 i.e, 01.01.2017 to 30.06.2017, prepared by IRDA, are enclosed. The benefits in the Tables have been worked out on the basis of interest @ 7.9% per annum (compounded quarterly), as notified by Department of Economic Affairs.

4. While calculating the amount it has been assumed that the subscription has been recovered or will be recovered from the salary of the month in which a member ceases to be in service failing which it should be deducted from accumulated amounts payable.

5. In its application to the employees of Indian Audit and Accounts Department this Office Memorandum issues in consultation with the Comptroller and Auditor General of India.

sd/-
(Amar Nath Singh)
Director

Authority: www.finmin.nic.in

Retirement Age 62: Centre Mulls Raising Retirement Age of Group A Officers

Centre Mulls Raising Retirement Age of Group A Officers

New Delhi:The central government is taking into consideration suggestions to raise the retirement age of Group A officers to accommodate the increasing number of senior bureaucrats in administration.

The government is seriously thinking of enhancing the retirement age of the Central Group A officers to 62 to cover the cost of ageing population.

Click to read continue: TST

New Website for Department of Expenditure

Arun Jaitley launched a common landing webpage of the Ministry of Finance

PRESS INFORMATION BUREAU
GOVERNMENT OF INDIA

The Union Minister for Finance, Defence and Corporate Affairs Shri Arun Jaitley launched a common landing webpage of the Ministry of Finance and the Mobile Format Friendly New Website of the Department of Expenditure.

Jyaistha 12, 1939
New Delhi, June 02, 2017

The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley, launched here today a common landing webpage of the Ministry of Finance, www.finmin.nic.in – which provides a single point access to all the websites of the five different Departments under the Ministry. The Finance Minister Shri Jaitley also launched the new website of the Department of Expenditure, Ministry of Finance i.e. www.doe.gov.in

With diversification of the ICT landscape, it has become absolutely imperative for the Government Websites to bring in qualitative and quantitative transformations in wake of changing user expectations. As part of the Digital India Programme, the up-graded common landing webpage of the Ministry of Finance and the new website of the Department of Expenditure is a major step towards standardization and improvement in presentation and content delivery using the Content Management Framework (CMF). Both are GIGW (Guidelines for Indian Government Websites) compliant. The website is Mobile format friendly across all platforms viz. Android, Windows, iOS etc. The new website also has features of in-built search options, enablement of Text to Speech, Language Translation and Visitor Analytics among others.

GDS Salary Calculation as per 7th CPC Recommendations

7th CPC Recommendation - GDS Salary Calculation


Disclaimer : This is an approximate calculation it may vary depends upon approval recommendation. If any mistakes are found please comment below.

Source : http://gdspaycommission.blogspot.in/

Introduction of special leave connected to enquiry of sexual harassment

Introduction of special leave connected to enquiry of sexual harassment

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
RAILWAY BOARD

RBE No.51/2017
E(P&A)I-2017/CPC/LE-3
New Delhi, dated 29.05.2017
The General Managers and FA&CAOs
All Indian Railways & Production Units.

Sub: Introduction of Special Leave connected to inquiry of Sexual Harassment.

Consequent upon the decision taken by the Govemment, the President is pleased to decide that the following rule may be inserted in the Railway Service (Liberalised Leave) Rules, 1949 in respect of female railway employees:-

Special Leave connected to inquiry of sexual harassment – Leave upto a period of 90 days may be granted to an aggrieved female Railway Servant on the recommendation of the Internal Committee or the Local Committee, as the case may be, during the pendency of inquiry under Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the leave granted to the aggrieved female Railway Servant under this rule shall not be debited against the leave account.

2. This rule takes effect from the date, the notification was published by the Department of Personnel and Training viz. 15th March, 2017.

3. The provisions of the Railway Service (Liberalised Leave) Rules, 1949 are contained in Chapter-5 of Indian Railway Establishment Code (IREC), Volume-I, 1985 Edition (Reprint Edition-2008). In view of this, in exercise of the powers conferred by the proviso to Article 309 of the Constitution, the president is pleased to direct that a new para 551(F) may be inserted in Chapter-5 of the Indian Railway Establishment Code, Volume — l, 1985 Edition (Reprint Edition-2008) as per enclosed Advance Correction Slip -132.

4. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.

5. Please acknowledge receipt.

DA:- Correction Slip.

sd/-
(Anil Kumar)
Railway Board

Accepting of E-Aadhaar as Prescribed Proof of Identity for Reserved Journey

ACCEPTING OF E-AADHAAR AS PRESCRIBED PROOF OF IDENTITY FOR RESERVED JOURNEY

Ministry of Railways has decided to incorporate downloaded Aadhaar (e-Aadhaar) as prescribed proof of identity at par with printed Aadhaar card as mentioned in the list of prescribed proofs of identity which are valid for undertaking journey in trains in reserved class. Railway passengers may carry anyone of the below identity proof while travelling in reserved class coaches :

1.Voter Photo Identity Card issued by Election Commission of India

2.Passport

3.PAN Card issued by Income Tax Department

4.Driving Licence issued by RTO

5.Photo Identity Card having serial number issued by Central/State Government.

6.Student Identity Card with photograph issued by recognized School/College for their Students.

7.Nationalised Bank Passbook with Photograph

8.Credit Cards issued by Banks with laminated photograph

9.Printed unique identification card “Aadhaar” or downloaded Aadhaar (e-Aadhaar).

10. Ration Card with photograph of passenger travelling.

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