Ajit Kumar Sachdeva November 14, 2014 . 4 mins · STARTLING FACTS ON PENSION TO CPSU EMPLOYEES AJIT KUMAR Sachdeva Nov 9 (5 days ago) to fmo, fm, ravis, cabinet, cabinetsy, geete, Ravi, pmosb SOME STARTLING FACTS ON PENSION TO CPSU EMPLOYEES: •IN NUT SHELL PSU EMPLOYEES WHO RETIRED PRIOR TO 2007 GOT NIL PENSION & HAVE TO FEND FOR THEIR RETIRED LIFE ON THEIR OWN (SAVINGS ETC). •THOSE RETIRED BY 2008, GOT APPX. BETWEEN FIXED AMOUNT OF RS1000UPTO RS 1500/PM WHICH MIGHT SERVE THEM FOR TWO CUPS OF TEA A DAY THERE IS NO PROVISION FOR ANY ENHANCEMENT THROUGHOUT THE RETIRED LIFE. YOU HAVE TO MANAGE ON YOUR SAVINGS OR LOOK TOWARDS YOUR WARDS. •GOVT EMPLOYEES GET BETWEEN RS 20000-75000 & EVEN BETTER.PENSION AMOUNT GETS ENHANCED TO COMPENSATE FOR COST OF LIVING/ PRICE RISE ETC. •ARMY HAS BEEN AL.LOWED ONE RANK ONE PENSION AS PER WHICH THE OLD RETIREES ALSO GET PENSION PAYMENT EQUIVALENT TO PENSION AWARDED TO LATEST BATTCH OF RETIREES. THUS THE PENSION AMOUNT GETS COMPENSATED & UPDATED TO TAKE CARE OF ALL TYPES OF INFLATION FACTORS EVERY YEAR. •BELOW POVERTY LINE SENIOR CITIZENS IN DELHI GET RS 1000+ & GET COMPENSATED FOR YEARLY INFLATIONARY PRESSURES. •IN NUTSHELL THE POST RETIREMENT PENSIONARY BENEFITS OF CPSU EMPLOYEES IS EVEN WORSE THAN THAT ALLOWED TO BELOW POVERTY LINE SENIOR CITIZENS BEING DISPERSED BY DELHI GOVT. •ALL ATTEMPTS TO WAKE UP DEPARTMENT OF PUBLIC ENTERPRISE/ CENTRAL GOVT MINISTRIES/ & EVEN MODI JI THROGH WEB SITES OF PMO FAILED TO EVOKE ANY CONCERN & REMEDIAL ACTION. DR MANMOHAN SINGH SITE PMO USED TO ACCEPT ALL TEXTS & ATTACHMENTS WITHOUT LIMITATIONS PRESCRIBED NOW FOR WEB PAGES OF MODI JI. THIS RESTRICTS US TO REPRESENT ALL FACTS IN DETAIL. • HOWEVEVER ALL COMMUNICATIONS TO PMO/ CONCERNED MINISTRIES SINCE FEB 2008 AFTER MY RETIREMENT IN JAN 2008 REMAINED UNATTENDED & WITHOUT ANY WORTH ACTION. HAVING GOT FRUSTRATED I HAD EVEN SUGGESTED CLOSING DOWN OF BPE (DPE) BEING THE MOST INEFFECTIVE &USELESS DEPARTMENT ON THE PATTERN OF PLANNING COMMISSION. •NONE OF THE MINISTERS EVEN IN MODI GOVT WAS FOUND INTERESTED TO RESPOND OR HEAR THE AGONY OF RETIRED CPSU OFFICERS & IS NO DIFFERENT THEN THE MINISTERS OF CONGRESS GOVT WHICH TOO TURNED A BLIND EYE TO ALL OUR COMMUNICATIONS. •MODI GOVT ALSO APPEARS NO DIFFERENT THAN THE PAST GOVT TO RESOLVE PUBLIC CONCERNS & BLATANT DISCRIMINATIONS AGAINST CPSU EMPLOYEES. •MY DETAILED MAILS ON THE SUBJECT WERE SENT TO FM, DPE, CORPORATE AFFAIRS,POWER MINISTER,DG SCOPE, CABINET SECRETARY ETC BUT REMAINED UNANSWERED DURING BOTH REGIMES OF CONGRESS AS WELL AS BJP. THESE CAN THEREFORE BE EASILY ACCESSED BY PM MODI ALONG WITH REVIEW IF ANY CARRIED OUT BY THES MINISTIES IN PAST 4-5 YEARS. Government- Employees Pension:(Min-Max) PSU- Employees Government- Employees Pension:(Min-Max) PSU- Employees Government- Employees Pension:(Min-Max) PSU- Employees Category Pre- 1996(1986 pay scales)in Rs. Employers PF Pre- 1997 (1987 - pay scales)In Rs. Pre-2006 (1996 pay scales)in Rs. Employers PF Pre-2007 (1997 pay scales) in Rs. Post-2006 (2006 Pay Scales)in Rs. Employers PF Post2007 (2007 Pay Scales) in Rs. 1.Retirement at Supervisory level (Entry as clerk or electrician) Pension:(Min-Max) 1986-Rs 675-1100 1996-Rs.2250 - 3500 2006-Rs.5585-11500 2013-Rs.10600 -21850 contribution- Rs.0.30 lac Interest per month-Rs.200 1996-Rs.2250-3500 2006-Rs.5585-11500 2013- Rs.10600-21850 contribution- Rs.1.0 lac Interest per month-Rs.750 2006- Rs.5585-11500 2013-Rs.10600-21850 contribution- 2007-Rs.3.0 lac 2013-Rs.6.0 lac Interest per month- Rs.2200-4500 2.Retirement at class II level (junior mgmt level) entry at Supervisor 1986-Rs.1100-2000 1996-Rs.4000-6750 2006-Rs.10140-20100 2013-Rs.19266-38380 contribution- Rs.0.50 lac Interest per month-Rs.400 1996-Rs.4000-6750 2006-Rs.10140 -20100 2013-Rs.19266-38380 contribution- Rs.2.0 lac Interest per month-Rs.1500 2006-Rs.10140-20100 2013-Rs.19266-38380 contribution- 2007- Rs.7.0 lac 2013- Rs.14. lac Interest per month- Rs.5000-10000 3.Retirement at Sr Mgmt level (entry at class II/I Junior Executive level 1986-Rs.2950-3650 1996-Rs.9200-11200 2006-Rs.27350-38500 2013-Rs.51965-73000 contribution- Rs.2.50 lac Interest per month-Rs.1800 1996-Rs.9200-11200 2006-Rs.27350-38500 2013-Rs.51965-73000 contribution- Rs.8.0 lac Interest per month-Rs.6000 2006-Rs.27350-38500 2013-Rs.51965-73000 contribution- 2007- Rs.10.0 lac 2013- Rs.20.0 lac Interest per month- Rs.7500-15000 4.Highest Level 1986-Rs.4000 1996-Rs.13000 2006-Rs.40000 2013-Rs.76000 contribution- Rs.3.00 lac Interest per month-Rs.2200 1996-Rs.13000 2006-Rs.40000 2013-Rs.76000 contribution- Rs.10.0 lac Interest per month- Rs.7500 2006-Rs.40000 2013-Rs.76000 contribution- 2007- Rs.12.0 lac 2013- Rs.25.0 lac Interest per month- Rs.9000-19000 •INFERENCE Government- Employees PSU- Employees Pension figure is same along all Departments. Figures can be 10 to 20% higher in “A” schedule PSU’s in category 3 and 4. While the figures shall be about 10 to 20 % lower in “C” schedule and about 30% lower in “D” schedule PSU’s. Pension is approximately same for all years. The interest income of pre-1997 Psu employee retirees are 10-20 times less as compared to post -2007 retirees. Pension is almost same. The interest income of pre-2007 Psu employee retirees are about 15-30% less from those who retires in 2013. Pension is 400%to 500% higher than interest Interest per month from Employer contribution to EPF is apx 500% lower than pension for Govt retired employee at same level. to fm, fmo, cabinet, cabinetsy, geete, ravis, pmosb, scopedg (PART I) STARTLING FACTS ON PERKS & PENSION FOR MPS: Compared to developing countries, Indian MPs have unparalled freedom to fix their own salaries and perks. In France and Japan, salaries of MPs are determined in relation to the salaries of the highest paid bureaucrats. In Germany, Article 48 (3) of the Basic Law says that the members of Bundestag will get remuneration adequate enough to ensure their independence. In Switzerland, parliamentarians do not get any salary or allowance. They just get paid leave from their employers on the days of session. There is also the question of proportion - comparing the salary of MPs with the people they claim to represent. According to one calculation, after the hikes of the MPs’ salaries, perks and allowances, they will earn 68 times more than what an average person earns annually. SORT BY: DATE RATING Former MPs, whose pensions were last revised in 2009, may now see a hefty hike in their retirement benefits. Government sources told HT that the monthly pension for ex-MPs is likely to go up to Rs. 35,000 a month from Rs. 20,000 a month — a 75% hike. A major breakthrough in pensions for ex-MPs came under the first NDA government, led by Atal Bihari Vajpayee when they introduced pension for all MPs irrespective of their tenure. Earlier, only MPs who had completed a 5-year term were entitled to post-retirement benefits. The Modi government is also set to increase the rate of additional pension for each completed year in excess of five years. The centre is considering additional pension of Rs. 2,000 per month instead of the current rate of Rs. 1,500. In other words, if a parliamentarian has served for seven years, he or she will get monthly four thousand additional pension on the top of his basic pension of Rs. 35,000. Sitting MPs, who have received routine hikes to keep up with inflation, currently get a salary of `50,000 per month. The additional perks and allowances include Rs. 45,000 per month as constituency allowance, Rs. 2,000 daily if he attends parliament and Rs. 30,000 for secretarial assistance, among other things. An MP , since Aug 2010, is paid a base salary of Rs 50,000 per month and is entitled to a pension of 20,000 per month. If an MP serves as a member for a period exceeding five years, this pension increases by 1,500 for each additional year of service. In addition, MPs are compensated for official expenses through various allowances : • Daily allowance of 2,000 for each day of attending Parliament. Parliament has three sessions every year. The Budget Session (February to May), Monsoon session (July to September), and Winter session (November and December). • Constituency allowance for expenses incurred in the constituency of 45,000 per month and • Office expenses of Rs 45,000 for staff (limit of 30,000), stationery and postage(15,000) per month An MP’s wage is tax-free and comes with additional perquisites such as free petrol, free telephone calls and free housing. Most household expenses , furniture, electricity, water, laundry , is also paid for . MPs can travel anywhere in the country by rail, first class, and get 34 free air tickets for themselves or a companion a year. Spouses of MPs can travel free by air from their residence to New Delhi eight times a year when Parliament is in session and unlimited number of times by rail. • Each MP gets near-free electricity of 50,000 units every year. And free water. • The MP’s bungalow is furnished — with air conditioners, refrigerators and television sets — free of cost. Maintenance of the house — including washing of sofa covers and curtains — is done free of cost by the government. • MPs are entitled to three phone lines and 170,000 free local calls every year. • When an MP travels abroad officially, he is entitled to free business class air tickets. He is also paid a daily travelling allowance, which varies depending upon the country being visited. • Most medical expenses of MPs are taken care of by the Contributory Health Service Scheme of the Union government. So if you try to add all the perks etc conservative CTC (Cost to the Country) of an MP is close to Rs.35 Lakhs ($70k), excluding the cost of maintaining security guards, the cost of life long pension, insurance, sarkari vehicle etc CPSU EMPLOYEES DISENCHANTED BY CONSPICUOUS SILENCE & INACTION BY CENTRAL GOVT TO BRING ABOUT A RATIOALE AMONG THE PERKS & PENSION OF MPS WHO GET ENTITLED TO PENSION BY ATTENDING FOR ONE TERM OF FIVE YEARS WHERE MAJORITY CAN VISIT ONCE IN SIX MONTHS PERIOD FOR SHOWING HIS FACE TO CAMERA FOR FIVE MINUTES & THEN REMAIN ABSEN FOR ANOTHER SIX MONTHS. SUCH MPS GET AWAY WITH PENSION BY ATTENDING TWICE A YEAR FOR FOUR YEARS OR REMAIN IN PARLIAMENT FOR 2x4= 8days (for one hour eachday=8 HOURS) A MOCKERY OF THE SYSTEM. BPE/ DPE FAILED TO ACT ON THEIR OBJECTIVES. WHY Cant GOVT HOLD A CONCLAVE WITH DG, SCOPE & CMDS OF PUBLIC SECTOR UNITS ON THE MATTER TO KNOW THE TRUTH. MINISTRIES WILL NOT BE ABLE TO PUT UP TRUE PICTURE OF THE POST RETIREMENT BENEFITS OF CPSU EMPLOYEES. OTHERWISE ALSO AFTER COMING TO POWER FOR FIVE YEARS ONLY RARELY PUBLIC INTEREST MATTERS GET ATTENTION OF GOVT & LEADERS WHO BECOME OBLIVIOUS TO THE PROBLEMS & HARDSHIPS FACED BY THEM. IN CASE YOU WANT TO BE FAIR GET TRUE PICTURE FROM PUBLIC SECTOR OFFICERS ASSOCIATION/UNIONS/ FORUMS/INSTITUTIONS LIKE SCOPE INSTEAD OF DEPENDING UPON INFORMATION PROVIDED BY BPE/ DPE & SO FORTH. CAN SUCH DISPARITIES REMAIN AMONG FREE SOCIETY OR NOW-A- DAYS WE ARE SLAVES FOR OUR RULERS. MODI GOVT TOO REMAINED UNMOVED & UNCONCERNED LIKE MANMOHAN GOVT DUCKED THE DISPARITY ISSUE FOR MORE THAN TWO YEARS WILL GOVT WAKE UP TO REALITY? EVEN MODI GOVT NEEDS SUCH BITTER DOSES TO WAKE UP TO REALITY?. THANKS & REGARDS, A K SACHDEVA Ajit Kumar Sachdeva LikeLike · · Share Ajit Kumar Sachdeva MODI GOVT IS AS HELPLESS AS WAS CONGRESS GOVT IN RESOLVING INJUSTICES DONE TO LARGE POPULATION OF PUBLIC SECTORS & EVEN SHIES OF RESPONSE TO PETITIONS SUBMITTED. OUR HOPES ON MODI ERA ARE DWINDLING. THOSE WHO COME TO POWER IN GOVT GENERALLY TEND TO RELAX & PASS TIME & WOKE UP ONLY NEAR ELECTIONS. WHAT DIFFERENCE DOES IT MAKE WHETHER IT IS MODI IN POWER OR RAHUL OR THAT MATTER ANYBODY? PEOPLE ARE BOUND TO SUFFER INDIFFERENCES/ INJUSTICES/ IRRESPECTIVE OF HEADS THE GOVT. THIS HAPPENS IN MODI GOVT TOO. . MODI JI, I HAVE MADE MANY ATTEMPTS TO BRING TO YOUR NOTICE THE GREAT DISCRIMINATION WITH ONLY FEW PUBLIC SECTOR COMPAIES UNDER M O P NAMELY NHPC, REC,SJVNL,THDC,& NEEPCO RESPECT OF THEIR DEGRADATION OF THEIR PAY STRUCTURES WHILE NTPC, POWER GRID, PFC, ENJOY A HIGHLY PREFFERED & UPDATED PAY STRUCTURE SINCE 1997 ALTHOUGH THE THEN PAY COMMITTEE FOR CPSUS HAD RECOMMENDED A UNIFORM PAY STRUCTURE. HOWEVER, IT APPEARS THAT IT HAS NOT MADE ANY IMPACT ON THE GOVT OF INDIA DUE TO AN INEFFETIVE & TOTALLY NEGATIVE ROLE OF BUREAU OF PUBLIC ENTERPRISE OF D P E UNDER MINISTRY OF HEAVY INDUSTRIES WHO TOTALLY FORGOT THEIR BASIC OBJECTIVES TO BRING ABOUT UNIFORMITY OF RULES/ POLICIES/WAGE STRUCTURES ETC AMONG THE CPSUS.THIS IS THE REASON THAT WE HAD RECOMMENDED CLOSURE OF THIS USELESS & PASSIVE DEPARTMENT WHICH IS A BURDEN ON THE ESCHEQUER WITHOUT ANY USEFUL OUTPUT. THE DISCRIMINATION IN PAY STRUCTURES IS NOT ONLY VIOLATING THE FUNDAMENTAL RULES OF EQUALITY AS PER THE CONSTITUTION BUT IS AGAINST THE VI TH PAY COMMITTEE REPORT ON CPSU PAY SCALES ETC. THE EMPLOYEES & OFFICERS HYDRO POWER SECTOR CPSUS ARE WORST SUFFERERS OF THIS DISCRIMINATION WHO ARE TOTALLY DEMORALISED IN SPITE OF THEIR VALIENT EFFORTS & SERVICES IN REMOTE & MILITANT AREAS LIKE SOLDIERS WITHOUT FIGHTING GEARS. I SHALL NOT WASTE YOUR TIME IN REPEATING THE DETALED APP.EAL SENT EARLIER BUT FEEL DISCOURAGED BY ANY SIGNS OF GOVT ACTION ON THIS APPEAL. PLEASE DO OBTAIN A DETAILED REVIEW FROM M O P, BPE/ DEPTT OF PUBLIC ENTERPRISES & INDEPENDENT REPORT FROM SCOPE ON THE SAME AFTER YOUR RETURN FROM DIWALI TRIP TO J&K FLOOD VICTIMS TO BESTOW JUSTICE ON THE SUFFERING EMPLOYEES & OFFICERS OF THESE UNFORTUNATE HYDRO POWER PSUS UNDER M O P. THANKS & REGARDS, A K SACHDEVA. Ajit Kumar Sachdeva October 22, 2014 . MODI JI, I HAVE MADE MANY ATTEMPTS TO BRING TO YOUR NOTICE THE GREAT DISCRIMINATION WITH PUBLIC SECTOR COMPAIES IN RESPECT OF THEIR POST RETIREMENT PENSIONARY/ WELFARE MEASURES THROGH ILLUSTRATIONS BY COMPARATIVE STUDIES. HOWEVER, IT APPEARS THAT IT HAS NOT MADE ANY IMPACT ON THE GOVT OF INDIA TO REVIEW THIS DISCRIMINATION BY AN HONOURABLE POST RETIREMENT WELFARE REGIME ON THE PATTERN OF GOVT EMPLOYEES & ARMY/ DEFENCE SERVICES. I SHALL NOT WASTE YOUR TIME IN REPEATING THE APPEAL BUT FEEL DISCOURAGED BY ANY SIGNS OF GOVT ACTION ON THIS APPEAL. PLEASE DO OBTAIN A REVIEW FROM YOUR BPE/ DEPTT OF PUBLIC ENTERPRISES & INDEPENDENT REPORT FROM SCOPE ON THE SAME AFTER YOUR RETURN FROM DIWALI TRIP TO J&K FLOOD VICTIMS. THANKS & REGARDS, A K SACHDEVA.
Posted on: Fri, 02 Jan 2015 06:23:47 +0000
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