7th Pay Commission: Employees, pensioners of autonomous bodies likely to get their revised salaries, pensions delayed
Employees and pensioners of autonomous bodies working under the Central government may be in for bad news as their salaries and pension scales are expected to be delayed, International Business Times reported on Sunday.
The Government of India announced 7th Pay Commission earlier this year and is likely to benefit several lakhs of central and state government employees.
ALSO READ: 10 things to note about 7th Pay Commission
The employees working under autonomous bodies are yet to receive the the full benefits of the pay scale recommended by the 7th Central Pay Commission (CPC), and the Confederation of Central Government Employees and Workers (CCGEW) has already taken up the matter with the Centre, the news report said.
"We have taken up this issue with the Central government, and given the delay, we will take it up with them again. Otherwise, a lot of people will lose out on the benefits, where the person at the lowest rank will be deprived of as much as Rs 2,750 per month," the report quoted CCGEW president KKN Kutty as stating to the news website back in October this year.
ALSO READ: 7th Pay Commission: Govt may pay Rs 34,600 crore as arrears in August salary
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
09:24 AM IST