Wednesday, December 30, 2015

54 to 50

I hope the readers would recollect that ISROfef  hinted at the large order difference in Pay (and so Pension) between the PB3 and PB4 bands in the 6CPC recommendations and implementation.

The point was mainly regarding the  difference between SE (in PB3) and SF (in PB4)  scales.  Such large difference doesnot exist  between other succeeding scales. Accordingly, suggestions were given to 7CPC to rectify this, by improving on SE scale. Infact, they considered it and attempted to smooth out the large difference, by using a  higher Multiplication factor.  ie. 2.67 against 2.57 ( Refer 7CPC- PayMatrix).

In 6CPC,  SF (PB4)  pay was  54 % more than  SE (PB3) pay.  Therefore,  Pensions too !

In 7CPC, this difference is brought down to  50 % !!

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