Highlights of 7th CPC & New Pay fixation
ALL INDIA SAVINGS BANK CONTROL EMPLOYEES UNION (Service union under Dept. of Posts) CHQ UNION WEBSITE: http://www.aisbceu.blogspot.in/ [HQ-NO: B-105, JAY DWARAKA CHS LTD, NEW AYARE ROAD, DOMBIVALI [E], DT, THANE-421201 MAHARASTHRA CIRCLE] --------------------------------------------------------------------------------- 7 TH PAY COMMISSION REPORT SUBMITTED TO GOVERNMENT OF INDIA ON 19.11.2015 MOST DISAPPOINTING AND RETROGRADE RECOMMENDATIONS – NO CHANGE IN MACP IMPORTANT RECOMMENDATIONS Click to View: Pay Calculator 1. DATE OF EFFECT – 01.01.2016 2. MINIMUM PAY – 18000 Based on the Aykroyd formula, the minimum pay in government is recommended to be set at ₹ 18,000 per month 3. FITMENT FORMULA – The fixation of revised pay has been greatly simplified in the new pay matrix and will not involve further calculations. The basic pay bei