Calling for application of volunteers from Postal/Sorting Assistant cadre to work in PTC-Mysuru as office Assistant 

 

Notification in Official Site

 

 

PFRDA appoints Karvy as 2nd Central Record keeping Agency for NPS

 

Subscribers of National Pension Scheme (NPS) will soon have an option to choose Central Record keeping Agency as the sector regulator PFRDA has appointed Karvy Computershare to offer such services.

Currently, NSDL e-Governance Infrastructure is the only CRA, which establish an internal system that delivers compliance with standards for internal organisation and operational conduct, with the aim of protecting the interests of NPS subscribers and their assets.

“Karvy Computer share Pvt Ltd is currently at an advanced stage of CRA system development and is expected to become operational in the near future,” said the Pension Fund Regulatory and Development Authority (PFRDA).

 

 

 

 

Now there will be two CRAs operating in the NPS system – NSDL e-Governance Infrastructure and Karvy Compurtershare, it said.

Karvy was issued Certificate of Registration by the PFRDA in June last year.

“The choice of CRA can be made by the employer (existing or prospective) between the existing CRA and the new CRA depending on the policy of employer in case where there is employer-employee relationship,” the regulator said.

Voluntary subscribers will have an option to choose a CRA while in the case of NPS-Lite subscribers, the aggregator will decide on the CRA.

In case of government sector subscribers, the government will chose the CRA for rendering the services.

A CRA is responsible for recordkeeping, administration and customer service functions for all NPS subscribers. The function includes receiving instructions from subscribers through the points of presence, transmitting such instructions to pension funds and effecting switching instructions received from subscribers.

It acts as an operational interface between PFRDA and other NPS intermediaries such as pension fund managers, annuity service providers, and Trustee Bank.

As on November 30, 2016 there were about 1.4 crore subscribers under NPS with over Rs 1.61-lakh crore asset under management.

 

India Post to Start SBI Buddy Wallet Service in Post Offices

 

In order to move towards digitization of cash transactions at post offices for its Saving Bank Customers, Department of Posts (DoP) has approached the State Bank of India to provide customized services of State Bank Buddy wallet for branches of Post Offices. Cashiers/Postal Assistant at authorized Post Offices will accept two kinds of withdrawal forms from their Saving Bank customers. One for withdrawing cash and other for loading their Buddy wallet.

Draft of process flow is summarized below:

1. DoP would like to open wallets for their identified Post offices across India.

2. To begin with, DoP will start with 1000 Post Offices and then extend to larger no. of Post Offices. All these Post Offices will be provided with a smart phone, by the respective Divisional Heads/Chief Postmaster/Sr. Postmasters. These phones Will be the assets of the post Office concerned and Will be the deposited in the treasury at end of the day. At the beginning of the day the phone will be given to the SB Cashier handling the Buddy wallet.

3. State Bank Buddy wallet will be downloaded from Google play /Apple store and wallet account will be registered on these (Post Offices’ Official) Mobile Numbers.

4. Sansad Marg HO will be assigned as a nodal office for SBl buddy. DoP will share with SBl the list of mobile nos. to be used on Post Office counters. Against each mobile no. in the list, name & address of PO along with other details considered important for accounting and MIS.

5. SBI will prefund all 1000 post office e-wallet accounts with Rs.20,000 (each wallet to be topped up with Rs.20,000).

6. Cashiers/Postal Assistant at Post Offices will pay to their (PO) customers, through P2P facility (using “Send Money/Ask Money) against special withdrawal forms presented by the customers.

7. At 4.30 pm each day, Buddy Team at GITC will send MIS to NDMB (Sansad Marg) & Sansad Marg HO containing the amount consumed by each PO wallet during the day.

8. At the closure of Post Offices? customer dealing, 3:00 pm State Bank Buddy team will run a scheduled job and block all these wallets so that no further transactions can be made on that day.

9. Buddy team will generate Daily Transaction MIS of these wallets post office wise and share it with DoP

10. No PO wallet will be topped up during the day for increased requirement etc.

11. Buddy team will unblock these wallets in SOD (Start of Day) so that wallets will be operational for use.

1- Between Customer & Cashier/Postal Assistant

i. Customer should download buddy wallet from play store or apple store. Assistance may be required. The cashiers/Postal Assistant will be trained by SBI.

ii. Customer should use 'Ask Option" in Buddy giving mobile number of the Cashier.

iii. The statement of transactions on the wallet of the cashier can be made available by the Bank

At Post office

i. Debit SB account of customer

ii. Credit Wallet Account of customer

Reconciliation

The individual PO will download the Buddy report, check it against the transactions made and will

(A) Either confirm that the report tallied with the transactions done in the post offices, to the nodal office.

Buddy Wallet team (gmdigicomm@sbi.co.in) Sansad Marg HO will pay SBl Sansad Marg main branch at the end of the day as per demand raised by them. In the case of any dispute which is raised by post offices as per para B above, the adjustment would be made next day.

Central Government Employees are not yet given the full Benefit of 7th CPC Recommendation

 

The actual increase on account of implementation of 7th CPC recommendation is still not fully available to Central govt Staffs.

The recommendation of 7th Pay Commission has been implemented with effect from 1.1.2016 and the revised salary is being paid from this effective date. The Central Government, after implementing the Pay Panel report, hasn’t announce any decision about Allowances even after 12 months, created frustration among central government employees.

The Pay Commission is constituted once in Ten Years to revise the Pay and Allowances and Pension for Govt Servants and Pensioners. Accordingly, the 7th Pay Commission was formed and it submitted its report to the Government on 19-11-2015. The Government Accepted the Report without any major changes and announced on 29.6.2016 that it would be implemented with effect from 1.1.2016.

Since the increase in salary which is paid from 1.1.2016 was very less, it has demolished the expectations of CG Staffs.

Very important aspect in revising Pay and Allowance is House Rent Allowance. The rates of HRA is determined based on the Population of the Cities in which the Govt Servants are working. Accordingly, 10,20 and 30% of Basic Pay is paid as HRA in Sixth CPC. The 7th CPC has recommended to revise it as 8%, 16% and 24%.

The Unions and Federations demanded to increase the HRA rates or at least to restore the Sixth CPC rates. Hence the Government has announced that a committee would be constituted to examine the Allowances, until then all the Allowances would be paid in Sixth CPC rates. As a result of this, HRA is being paid in old rates (Sixth CPC ) along with revised 7th CPC Basic Pay to CG Staffs. Now the CG Staffs have realized that very purpose of forming a high-level committee is not for resolving the issues but it is a delaying tactics.

Consequent to Pay Revision, the major increase in Salary is used to come from HRA only. Though one year is completed after the implementation of 7th CPC recommendation, the Government is delaying to take the decision over allowances. Due to this, the CG staffs are losing monitory benefits considerably

For example ..

The increase in Pay and HRA of a Government servant who is drawing Rs.10000 in pre revised scale is given below …

6th CPC
Basic Pay	DA (125%)	BP + DA	10% HRA	20% HRA	30% HRA
10000	12500	22500	1000	2000	3000
7th CPC
Basic Pay	DA (0%)	BP + DA	10% HRA	20% HRA	30% HRA
25700	0	25700	2570	5140	7710
Hike
		3200	1570	3140	4710

If the Monthly salary of Government servant with 10Years of service is Rs.22500, now the Actual increase of his salary is only Rs. 3200. Through this example it is quite obvious that, one can get the real increase in salary only after the HRA is paid in 7th CPC revised rates.

 

Declaration of closed holiday for Pongal on 14th January 2017 - Move Taken by Confederation

 

Move Taken by Confederation - Declaration of closed holiday for Pongal on 14th January 2017 for Central Government Employees of Tamilnadu state

 

 

MOVE TAKEN THROUGH COM.T.K.R. , M.P. WITH THE MINISTER OF PERSONNEL & TRG. DEMANDING HOLIDAY FOR PONGAL IN TN

MOVE TAKEN THROUGH COM.T.K.R. , M.P. WITH THE MINISTER OF PERSONNEL & TRG. DEMANDING HOLIDAY FOR PONGAL IN TN