Three Options for Revision of Pension of Pre-2016 Pensioners
Meeting of the Committee set up to examine the feasibility of implementation of recommendation of 7th CPC for revision of pension of pre-2016 pensioners
NFIR
National Federation of Indian Railwaymen
3, Chelmsford Road, New Delhi – 110 055
No.IV/NC/JCM/COR
Dated: 17/10/2016
The General Secretaries of Affiliated Unions of NFIR
MESSAGE
Brother,
Sub: Meeting of the Committee set up to examine the feasibility of implementation of recommendation of 7th CPC for revision of pension of pre-2016 pensioners-reg.
Meeting with the Government on 7th CPC recommendation for determination of pay in the case of pre-2016 pensioners, examination of the feasibility of option No.1, was held today at 10:00 hrs.
The Official Side again stressed that option No.1 is not feasible of implementation because of non-availability of records of lot many retirees. However, after discussion the Staff Side welcomed the alternative suggested by Official Side in the meeting held on 06th October 2016 and, gave following suggestions.
“The Pensioners/family pensioners may be allowed to choose any one of the following three options:-
(a) 2.57 time of the present pension if that is beneficial.
(b) Option No.1. Recommended by the 7th CPC, if that is beneficial for them.
(c) to determine the Pension on the basis of the suggestion placed by the Pension Department on 6.10.2016 i.e. extension of the benefit of pension determination recommended by the 5th CPC (viz. arriving at notional pay in the 7th CPC by applying formula for pay revision for serving employees in each Pay Commission and consequent pension fixation) to all pre-20I6 Pensioners/family pensioners, if that becomes beneficial to them.”
The Official Side gave assurance to examine the proposal.
Shri Guman Singh, President attended the meeting on behalf of NFIR.
Yours fraternally,
sd/-
(Dr.M.Raghavaiah)
General Secretary
Source: NFIR
Sirs,
The methodologies involved in the options (a) and (c) are understandable, and as regards (b), some clarification may be required as to how to compute the no. of increments earned during the retiring level as the overlapping of 4/5 cpcs in many cases and there by refixation in 5cpc causing reduction in the no. of increments earned etc.,in order to enable the pensioner to chose the right one as his option.