May 5, 2017 by Vivek
: 7th Pay Commission Pension fixation as per Option 1 is more
beneficial than the Option 2 and the method approved by Cabinet
PENSIONER’S
PARITY
We are getting many phone calls and
messages from Central Government Pensioners and employees regarding the Cabinet
decision on 03.05.2017. Government has approved the recommendations of the
Committee headed by Secretary (Pension) constituted by it as per the cabinet
decision on 29.06.2016. The full details of the cabinet decision will be known
only after issuing orders by Pension Ministry. The Pension Committee has told
the JCM Staff Side that instead of Option-I parity, recommended by 7th CPC, it
is considering 5th CPC recommended parity. It is presumed that the decision of
the Cabinet may be to extend 5th CPC recommended parity to pre-2016 pensioners
as recommended by Pension Committee. We are waiting for detailed orders to
confirm.
Regarding option-2 parity
recommended by 7th CPC, the Pension Committee and Cabinet has rejected the
recommendations as NOT FEASIBLE, eventhough JCM Staff side has tried its best
to convince the Pension Committee that it is Feasible. The intention behind the
Cabinet decision dated 29.06.2017 to constitute a committee to examine the
feasibility of option-I recommended by 7th CPC was to deny the Option-I parity
which is more beneficial to pre-2006 pensioners than the 5th CPC Parity. Of
course 5th CPC parity is also beneficial but option-I parity of 7th CPC is more
beneficial to many employees.
Confederation of Central Government
Employees and workers shall continue its struggle for Option-I parity alongwith
the National Coordination Committee of Pensioners Association (NCCPA).
The details of the 3rd May Cabinet
decision will be published as and when orders are issued by Government. Please
wait for detailed orders before coming to any conclusion.
(M. Krishnan)
Secretary General
Mob: & WhatsApp – 09447068125
Email: mkrishnan6854@gmail.com
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