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roymicheal
19-09-2008, 11:51 AM
Sir,

I am a Superintendent in Central Excise drawing Basic Pay of Rs.10,475/- as on 01.01.2006 under the pre-revised scale of Rs.8000-275-13500 due to grant of ACP Scheme in the year 1999.

My next increment in the pre-revised scale is February, 2006 and accordingly my pay is Rs.10,750/-.

In this connection, I may please be guided whether I should opt for pay fixation on 01.01.2006 or deferred to in the month of Feb.'2006 after considering the clarification no.1 (i) contained in O.M.dated 13.09.2008, which inter-alia leads to believe me that six monthly period should be counted from 02.01.2005 to 01.01.2006 and such employee shall get increment on 01.07.2006.

Kindly guide, which option shall be beneficial for me.

ROY MICHEAL - ON BEHALF OF SHRI U.H.SAIYED, SUPERINTENDENT

jitendraacr
19-09-2008, 10:30 PM
there is no benefit in drawing increment in pre revised scale. get ur pay fixed w.e.f.1/1/06 and draw incre ment on 1/7/06 in new payband. u may also view comparative calculation at home page of gconnect.

rkiyer1
11-12-2008, 04:22 PM
Hi,

I beg to differ with our senior member here. I think now the whole question is meaningless since the time for giving options are now over. 30.11.2008 being the last date for options. But for argument sake, had you opted from feb 06, your pay would have been fixed higher and sparing the increment of about Rs. 700-750/-, you would have benefited at the time of retirement.

Initially your pay would have been fixed at Rs. 20000/- against basic pay of Rs. 10750/-. Had you opted from January your pay would have been fixed at 19490. Your initial loss of Rs. 700-750 has been partly recovered in your initial fixation. Your further increments will also be giving you benefits and finally when you retire (assuming that you still have quite a number of years left), your retirement benefits would obviously be much more. Imagine your DCRG which will be calculated on your basic & DA, your leave encashment considering you have full 300 days at credit, and your basic pension itself wuold be more.

anyways,

Bye

sundarar
12-12-2008, 08:31 AM
GP For jan 2006 will be a loss.

badri mannargudi
12-12-2008, 02:11 PM
[QUOTE=rkiyer1;1775]Hi,

I beg to differ with our senior member here. I think now the whole question is meaningless since the time for giving options are now over. 30.11.2008 being the last date for options. But for argument sake, had you opted from feb 06, your pay would have been fixed higher and sparing the increment of about Rs. 700-750/-, you would have benefited at the time of retirement.

Initially your pay would have been fixed at Rs. 20000/- against basic pay of Rs. 10750/-. Had you opted from January your pay would have been fixed at 19490. Your initial loss of Rs. 700-750 has been partly recovered in your initial fixation. Your further increments will also be giving you benefits and finally when you retire (assuming that you still have quite a number of years left), your retirement benefits would obviously be much more. Imagine your DCRG which will be calculated on your basic & DA, your leave encashment considering you have full 300 days at credit, and your basic pension itself wuold be more.
Unquote:
Dear friends,
I am afraid our learned friend, Shri RKIje, and my dear Srrjee are wrong and I concur with Jjee, on the case under study herein.
While it may be true that fixation deferred to February 2006 would have taken the Pay to 20000 vis a vis 19490 ( had it been done in January 2006). But the next date of increment in that case would be deferred tp 01.07.2007.(For the simple reason that the individual would not have completed 6 months in the new pay as on 01.07.2006).Consequently his pay as on 1.7.2006 would remain at 20000. On 1.1.2007 pay would be Rs.20770 and on 1.1.2008 it would be 21560.
On the other hand under normal fixation procedure, the individual's pay on 1.7.2006 would become Rs. 20240 on 1.7.2006 and on 1.7.2007 it would be Rs. 21010.And on 1.7.2008 pay would be 21810..
My conclusion endorses Jjee's views.
This analysis is submitted for favour of examination/review by learned friends.
With regards,
Badri