Latest update on Bonus for GDS

 Today on dated 16-09.2016, Com. R.N. Parashar, Secretary General NFPE met DDG (Estt) Shri S.K. Dashora and enquired about the progress of enhancement of Bonus Ceiling of GDS.

           Shri Dashora intimated that the matter is in process. File has been sent to JS&FA and after approval from him will be sent to Finance Ministry for sanction.

           NFPE is trying its best to get the ceiling of Bonus raised for GDS as early as possible

GRANT OF BONUS TO GDS WITH REVISED CEILING @ RS.7000- FROM 2014-15

POSTAL JOINT COUNCIL OF ACTION

NATIONAL FEDERATION OF POSTAL EMPLOYEES

FEDERATION OF NATIONAL POSTAL ORGANISATIONS

    PF-No.PF-PJCA/2016                                                       Dated: 16th September, 2016


To
            The Secretary
            Department of Posts
            Dak Bhawan
            New Delhi – 110 001

SUB: - GRANT OF BONUS TO GDS WITH REVISED CEILING @ RS.7000- FROM 2014-15 – REQ – REG.

Respected Sir

            The Government of India, Ministry of Finance issued order on revised ceiling limit of PLB from Rs.3500- to Rs.7000- from the year 2014-15 (OM No. 7/4/2014-E-III A dated 29-08-2016) to all Central Govt. Employees. It is apparent to note that the calculation of  Productivity Linked Bonus  for the year 2014-15 with revised ceiling limit @ Rs.7000-to regular departmental employees in the Department of Posts  has been granted vide letter No. .26-01/2015-PAP dated  02-09-2016 and the arrears have also been drawn in favour of the regular employees.

            The case of 3 lakh GDS employees regarding applicability of revised ceiling limit @Rs.7000- is yet to be finalized by the Department.

            Therefore, it is requested to kindly expedite the grant of Bonus to 3 lakh Gramin Dak Sevaks at the revised ceiling @ Rs.7000- from 2014-15 prospectively.

            Early action is highly solicited.

Yours faithfully
                                                                                    
(D. Theagarajan)                                                                            (R.N. Parashar)
Secretary General                                                                      Secretary General        

Answer Keys of DR exam for GDS to the cadre of PA/SA held on 31.07.2016 - TN Circle

Final Answer Keys of DR examination for GDS to the cadre of PA/SA for the unfilled vacancies of Departmental Quota for the year 2013 & 2014 held on 31.07.2016(afternoon).

Vacancy Position for the LDCE for Promotion to Inspector Posts Cadre for the year 2015-16 in TN Circle

Vacancy Position for the LDCE for Promotion to Inspector Posts Cadre for the year 2015-16 in Tamilnadu Circle

UR	SC	ST	Total
6	0	0	6

The above vacancy has been circulated by Circle Office Letter No. REP/9-2/15 dated 15-09-2016.

AS PER PROVISION U/R FR-23 - OPTION FOR PAY FIXATION

AS PER PROVISION U/R FR-23 (COPY ENCLOSED) AN OFFICIAL WHO WILL GET MACP IN NEXT FUTURE CAN OPT 7 CPC AFTER FIXATION OF MACP IF BENEFICIAL TO THE OFFICIAL.

Latest News on Postmaster Grade Promotions - Hyd Circle

Latest News on Postmaster Grade Promotions:- 

 As per the information from C.O,Hyderabad the bifurcation issues of Circles is completing. Then the promotional issues for PM Grades will be taken up. The process will take further delay of one week to 10 days.

Conversion of PLI Policy

If you have a Postal Life Insurance policy with maturity date at the age of 60 yrs or less , you can change policy terms depending upon your current age and health factor after converting the policy i.e 60 yrs to 50 yrs or vise versa etc..

What is conversion

• Conversion” means any alteration affecting the date of maturity of a contract of insurance and includes not only alteration from Whole Life Insurance class to the Endowment class but also the antedating or post dating of the maturity of an Endowment policy and consequent increase/decrease of premium.
• In the case of policies other than Joint Life Assurance, Children Policy Anticipated Endowment Assurance policies and 10 Year Rural PLI, conversions involving alteration of policy terms other than reduction, discontinuance or commutation of premia referred to above will be allowed only after payment of premia for an integral number of years ( on after completion of one year and month of policy acceptance only i.e if policy date of acceptance is 10.03.2015 than conversion will be allowed in the next march-16,Marhc-17,March-18 so on but before 1yr of maturity) and in any case where it is intended to extend the premium term or to defer the maturity date, on the production of a medical certificate of good health at the expense of the assured

Conditions for Conversion :-

• Conversion of a policy other than CWL class to an EA class payable at the ages of 35, 40, 45, 50, 55, 58 and 60 only will be admissible.
• Conversion of policy as would put the date of maturity or the date of cessation of premium to a date preceding or within one year from the date of conversion is not admissible.
• Such conversions will be permitted only once on the duration of each policy without a fee. Second and subsequent conversions shall be subject to a small fee not exceeding Rs. 20/- or as may be fixed by the Department, in each case.
• No alteration from Anticipated Endowment Assurance and 10 Year Rural PLI policies to other classes of policies or vice-versa, or alterations in the selected term or in the sum assured of the Anticipated Endowment Assurance policy and 10 Year Rural PLI policy will be allowed.

The other formalities to be observed in this connection are detailed below:-

a) In the case of an unassigned policy, consent of the insured to the terms of conversion in the existing form would be sufficient.

b) If the policy is conditionally assigned, consent of both the assignee and the insured would be necessary. If the assignment is absolute consent of the absolute assignee will be sufficient. The consent of the assignee is to be obtained in the form indicated below :

I----------------------------------- assignee of policy No---------------------------- standing in the name of insurant Shri------------------------------- hereby consent unconditionally to the conversion of Policy as described by insurant

Attested. Signature of the assignee,

Date:-

Place :- 

Documents required for Conversion

1. Application Form:- Download
2. Policy document
3. Premium Receipt Book/Loan receipt book if loan taken.
4. Certificate of Pay Disbursing Officer regarding recovery of premia from pay for the last six months
5. Fee receipt of Rs.20/ if second or subsequent conversion.
6. Medical Certificate if required. ( In case Term extended)