Showing posts with label Multiplication Factor. Show all posts
Showing posts with label Multiplication Factor. Show all posts

Wednesday 17 June 2015

7th Pay Commission Fitment Formula and Minimum Wage Calculations – Karnataka COC



7th Pay Commission Fitment Formula and Minimum Wage Calculations – Karnataka COC





Shri.P.S.Prasad General Secretary of COC Karnataka expressed his views about the calculation of fitment formula and computation of minimum wage of 7th CPC on its blog. He hinted in this article that most of the pay commissions have accpeted 70% of the staff side demand. Especially NC JCM Staff Side demands to fix minimum wage at Rs.26000. We reproduced the complete article and given below for your information…



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Thursday 11 June 2015

Brief of the meeting held on 09.06.2015 between NC/JCM(Staff Side) and 7th Pay Commission



Brief of the meeting held on 09.06.2015 between NC/JCM(Staff Side) and 7th CPC





No.NC/JCM/7th CPC/2015





Dated: June 9, 2015





All Constituents of NC/JCM(Staff Side),





Dear Comrades,


Sub: Brief of the meeting held on 09.06.2015 between NC/JCM(Staff Side) and 7th CPC





A meeting of National Council JCM Staff Side with 7th Pay Commission was held on 09.06.2015 at New Delhi. It was last meeting of 7th Pay Commission with JCM. JCM had already submitted memorandum regarding common issues of Central Government Employees to 7th CPC on 30th June, 2015. JCM submitted memorandum in two parts. Part one deals with Pay, allowances, advances, facilities, benefits et., Part II is concerning retirement benefits, viz Gratuity, Pension, Medical facilities etc.






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