A complete reference blog for Indian Government Employees

Friday 9 August 2013

Hike contribution to raise minimum pension: EPFO to Government

Hike contribution to raise minimum pension: EPFO to Government


Retirement fund body EPFO has made a case for increase in Government’s contribution to its pension scheme EPS-95 to 1.79 per cent of basic wages from existing 1.16 per cent for ensuring Rs 1,000 per month to pensioners.

“…it is believed that there is a strong case for increasing the government’s contribution from 1.16 per cent to 1.79 per cent to the EPS—95 (Employees Pension Scheme—1995) fund to support a minimum pension of Rs 1,000 per month for all categories of EPF-95 pensioners,” EPFO said in a letter to Labour Ministry.

According to the Employees’ Provident Fund Organisation’s (EPFO), additional contribution of 0.63 per cent of workers’ basic wages to EPS—95 is required to pay minimum pension of Rs 1,000 per month to all categories of pensioners.

Now, the Labour Ministry would have to take up the issue with Finance Ministry for the purpose.

In the present scenario, Central Government contributes 1.16 per cent of workers’ basic wages (basic pay plus dearness allowance), towards EPS—95 fund. During 2012-13, government contributed around Rs 1,900 crore towards the EPS-95 fund which also includes some arrears.

The official estimates indicate that if the Central Government decides to increase its contribution to 1.79 per cent of the workers’ basic wages, then they would have to pay additional amount of Rs 750 crore to Rs 800 crore during this fiscal. This additional contribution would further increase to Rs 1,400 crore by 2018-19.

However, EPFO is batting for increase in the government’s contribution as neither the workers nor employers want to pay the additional 0.63 per cent of workers’ basic wages to ensure minimum pension of Rs 1,000 per month under the scheme.

The hike in contribution will be over-and-above the 8.33 per cent contributed by employers toward the pension account of employees, as well as the 1.16 per cent provided by the government under the scheme.

According to EPFO data, as of March 31, 2010, there were 35 lakh pensioners subscribed to the retirement fund body, of which 14 lakh persons get a monthly pension of less than Rs 500.

The number of EPFO pensioners getting a monthly pension of Rs 1,000 is 7 lakh. The data revealed there were cases where pensioners are getting a monthly pension as low as Rs 12 and Rs 38.

Source: Business Line via CGN
Share:

Central Government Jobs: Recruitment of SC,ST and OBC

Central Government Jobs: Recruitment of SC,ST and OBC
 
GOVERNMENT OF INDIA
MINISTRY OF  PERSONNEL,PUBLIC GRIEVANCES AND PENSIONS
RAJYA SABHA

UNSTARRED QUESTION NO-538
ANSWERED ON-08.08.2013
 
Recruitment of SC ST OBC

538 .    SHRI D.P. TRIPATHI

(a) the number of persons belong to SC/ST/OBC recruited in different groups of the Central Government Services during last five years; and

(b) the details thereof?

ANSWER
Minister of State in the Ministry of Personnel, Public Grievances and Pensions and Minister of State in the Prime Minister’s Office. (SHRI V. NARAYANASAMY)

(a) & (b): As per information received from various Ministries/Departments, the number of Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) candidates appointed by direct recruitment in different groups of the Central Government services during the years from 2006 to 2010 is given in the Annexure.


Source-http://rajyasabha.nic.in/


Annexure

Annexure referred to in reply to Rajya Sabha Unstarred Question No.538 for 08/08/2013

Number of Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) candidates appointed by direct recruitment in different groups of the Central Government services during the years from 2006 to 2010

Year
Groups
Scheduled Castes
Scheduled Tribes
Other Backward Classes
2006
Group A
202
216
315
Group B
198
135
312
Group C
9358
6511
14686
Group D
4708
3017
4796
Total
14466
9879
20109
2007
Group A
336
149
592
Group B
156
84
219
Group C
9012
6407
13667
Group D
5784
2734
7357
Total
15288
9374
21835
2008
Group A
395
180
691
Group B
346
114
372
Group C
8414
4857
13781
Group D
7491
2477
8187
Total
16646
7628
23031
2009
Group A
408
199
792
Group B
566
289
1246
Group C
10851
6750
20405
Group D
3528
1219
3886
Total
15353
8457
26329
2010*
Group A
238
116
555
Group B
600
285
1112
Group C
9895
6832
17963
Group D
1855
581
1910
Total
12588
7814
21540
 Grand total
74341
43152
112844

 * For the year 2010, data does not include two Ministries/Departments.

via : central government news
Share:

IRCTC News: Booking of Railway Tickets through Mobile Phones without internet connection

IRCTC News: Booking of Railway Tickets through Mobile Phones without internet connection

IRCTC launches pilot project for railway ticketing through Mobile phones without internet facility

A pilot project of ticketing through non-internet based mobile phones has been launched by IRCTC on Ist July 2013. The salient features of the scheme are as follows:-

    There is no need of internet at any stage, viz. booking, payment, cancellation etc.
    The user gets ticket details Short Messaging Service (SMS) instantly.
    SMS along with Photo Identity Card in original can be used to travel, no printout of the ticket is required.

The steps taken to popularize the booking of tickets through non-internet based mobile phones through SMS mode are as follows:

  •     Publication in leading newspapers.
  •     Distribution of brochures about SMS booking.
  •     Sending details of the scheme through e-mail to all registered users of IRCTC.
  •     Display of message on the website of IRCTC.


This information was given by the Minister of State for Railways Shri Adhir Ranjan Chowdhury in written reply to a question in Lok Sabha today

Share:

Featured post

5 Percent DA July 2019 Hike Order - Grant of Dearness Allowance to Central Government employees

Grant of Dearness Allowance to Central Government employees 5 Percent DA July 2019 Hike Order  No. 1/3/2019-E- II (B) Government of...

Blog Archive

About The Author