Dr. Mukharjee ( formerly with Materials Group, VSSC) left for his heavenly abode on 25th (Thursday). May God Almighty grant peace to this departed soul.
Thursday, March 26, 2015
Wednesday, March 25, 2015
Chief Controller, VSSC
Congratulations Mr. Biju Jacob !
ISROfef wishes you all the best in your new assignment as Chief Controller in this prestigious Organisation.
ISROfef wishes you all the best in your new assignment as Chief Controller in this prestigious Organisation.
Tax travails of the Seniors
TAX TRAVAILS OF THE SENIORS
Business line , on last Monday, carried an article of this title. Reproduced here, please read, and realise that the IT Dept has no special considerations for the SENIORS. And dear oldies, we can't expect that ....
Business line , on last Monday, carried an article of this title. Reproduced here, please read, and realise that the IT Dept has no special considerations for the SENIORS. And dear oldies, we can't expect that ....
Saturday, March 21, 2015
ISCF - 2015 Diary & Directory
ISRO Senior Citizens' Forum ( ISCF ) have just released their Diary-2015 and Directory of members.
Beautiful, Colorful, and quite Useful !! Congratulations to the ISCF team for such an effort.
Beautiful, Colorful, and quite Useful !! Congratulations to the ISCF team for such an effort.
Friday, March 20, 2015
Ethical hacking
The news item from 'Business Line' today is interesting read. Please try your taste !
Thursday, March 19, 2015
LTC scam
Yet another SCAM , it looks, is being unearthed. The LTC scam in VSSC !
But ISROfef do not wish to comment now.
But ISROfef do not wish to comment now.
Antrix Scam
It was. It was a scam and continues to be. I am talking about the Antrix-Devas deal ! Today's news papers say CBI made charges against the culprits. So far so good !
But it seems , many more closely involved are out of the net. May be that's how it is in our country. Else, how do you think the then Chief of ISRO goes unscanted ?
Read the report from 'The Hindu'
But it seems , many more closely involved are out of the net. May be that's how it is in our country. Else, how do you think the then Chief of ISRO goes unscanted ?
Read the report from 'The Hindu'
Monday, March 16, 2015
OROP - yet to take off
a paper report says that the Chief of armed Forces have promised that the OROP for the retired military personnel will be implemented latest by 30th april .
Please read the report in The Hindu dt 15-3-15.
Please read the report in The Hindu dt 15-3-15.
Friday, March 13, 2015
Post 7CPC pensions ? Pension Calculator
Would you like to know your Pension amount post 7CPC (wef 1-1-2016) ?
The best thing is to visit Gconnect.in , the Govt employees online portal.
Pension Calculator - Post 1-1-2016
However, before rushing there, please read on... Its quoted from Gconnect.
@ Starting
Pay is the 7th CPC starting pay in a pay band against a
pre-revised Scale@@ Entry Pay is the
pay in pay band applicable to New Recruits.
The best thing is to visit Gconnect.in , the Govt employees online portal.
Pension Calculator - Post 1-1-2016
However, before rushing there, please read on... Its quoted from Gconnect.
(Click above to jump to Gconnect )
The relevant part of the Fin Minister's Budget speech goes thus ...
"(c) Pensions
42. The expenditure on pension
payments of the Central Government includes both defence as well as civil
pensions. Pension payment, in nominal terms was estimated at ` 74,076 crore in
RE 2013-14 and at the year-end it was accounted at ` 74,896 crore. In BE
2014-15, pension payment in nominal terms was estimated at ` 81,983 crore. In
RE 2014-15, it has been revised at ` 81,705 crore. The pension payment of
Central Government for the past few years has been growing faster than the
salary expenditure. The main reason for this is that there is an
increase in number of pensioners due to higher retirements and increased
life expectancy. In view of the likely impact of VII Pay
Commission, Pension payment of the Government likely to be about 0.7 per
cent of GDP in FY 2016-17 and FY 2017-18 respectively
"
|
Pre RevisedPay Scale
|
PB
|
6 CPCPay bands
|
GradePay
|
7th CPCPay Band
|
7th CPCGrade Pay
|
|
S-1, S-2,
|
1
|
5200-20200
|
1800
|
13600-46600
|
7300
|
|
S-3
|
1
|
5200-20200
|
1800
|
13600-46600
|
7300
|
|
S4
|
1
|
5200-20200
|
1800
|
13600-46600
|
7300
|
|
S-5
|
1
|
5200-20200
|
1900
|
13720-46720
|
7400
|
|
S-6
|
1
|
5200-20200
|
2000
|
13840-46840
|
7600
|
|
S-7
|
1
|
5200-20200
|
2400
|
14320-47320
|
8200
|
|
S-8
|
1
|
5200-20200
|
2800
|
14800-47800
|
8800
|
|
S-9
|
2
|
9300-34800
|
4200
|
25500-81600
|
14400
|
|
S-10
|
2
|
9300-34800
|
4200
|
25500-81600
|
14400
|
|
S-11
|
2
|
9300-34800
|
4200
|
25500-81600
|
14400
|
|
S-12
|
2
|
9300-34800
|
4200
|
25500-81600
|
14400
|
|
S-13
|
2
|
9300-34800
|
4600
|
25980-82080
|
15000
|
|
S-14
|
2
|
9300-34800
|
4800
|
26220-82320
|
15300
|
|
S-15
|
2
|
9300-34800
|
5400
|
26940-83040
|
16200
|
|
New
|
3
|
15600-39100
|
5400
|
40800-92500
|
21800
|
|
S-16
|
3
|
15600-39100
|
5400
|
40800-92500
|
21800
|
|
S-17
|
3
|
15600-39100
|
5400
|
40800-92500
|
21800
|
|
S-18
|
3
|
15600-39100
|
6600
|
42240-93940
|
23500
|
|
S-19
|
3
|
15600-39100
|
6600
|
42240-93940
|
23500
|
|
S-20
|
3
|
15600-39100
|
6600
|
42240-93940
|
23500
|
|
S-21
|
3
|
15600-39100
|
7600
|
43440-95140
|
25000
|
|
S-22
|
3
|
15600-39100
|
7600
|
43440-95140
|
25000
|
|
S-23
|
3
|
15600-39100
|
7600
|
43440-95140
|
25000
|
|
S-24
|
4
|
37400-67000
|
8700
|
92720-157840
|
45800
|
|
S-25
|
4
|
37400-67000
|
8700
|
92720-157840
|
45800
|
|
S-26
|
4
|
37400-67000
|
8900
|
92960-158080
|
46100
|
|
S-27
|
4
|
37400-67000
|
8900
|
92960-158080
|
46100
|
|
S-28
|
4
|
37400-67000
|
10000
|
94280-159400
|
47800
|
|
S-29
|
4
|
37400-67000
|
10000
|
94280-159400
|
47800
|
|
S-30
|
4
|
37400-67000
|
12000
|
96680-161800
|
50700
|
The above table
provides an idea on estimated 7th CPC Pay Band, Grade Pay
and starting pay for each grade pay group.
Jump to Gconnect.in
But, I am sure you are in a hurry to know your Revised Pension. Then, here is the calculator. Click here ...PENSION CALCULATOR
Thursday, March 12, 2015
VSSC Highlights - 2014
The latest (2014) issue of the annual Newsletter for the former employees of VSSC is here. ISROfef thanks VSSC for this beautiful and useful booklet. Yes... it gives us an insight into what happened at VSSC last year. The media would have told you something of all this, but the contents are in a different perspective. That's for all of us.
Director, VSSC, in his message, cherishes the contribution of the 'former' employees too, So, be happy, and read on !!
Director, VSSC, in his message, cherishes the contribution of the 'former' employees too, So, be happy, and read on !!
Saturday, March 7, 2015
Agniputhrika and Father of Indian Missiles
Congratulations Ms. Tessy Thomas (DRDO) and Ms. Geeta Varadan (ISRO) !
Both of them are awarded the prestigious "Nayudumma Memorial Award "
A paper report calls Ms. Tessy , "Agniputhika". Quite interesting.
ISROfef wanted to know "who is the father of Indian Missiles ?"
Any one to answer ? Please .....
Both of them are awarded the prestigious "Nayudumma Memorial Award "
A paper report calls Ms. Tessy , "Agniputhika". Quite interesting.
ISROfef wanted to know "who is the father of Indian Missiles ?"
Any one to answer ? Please .....
Senior Citizen - Red Carpet Insurance
Age is just a number !! Yeah.... We know it better ! Any how, please try this.
Senior Citizen - Red Carpet Insurance
Star Health
Senior Citizen - Red Carpet Insurance
Star Health
Thursday, March 5, 2015
Aadhaar and Pension payment
Do you have your Aadhaar ready with you ? If not, please get your Aadhaar immediately.
Now that the Life Certificate is made 'Digital', next step is to link your Pension account and Aadhaar.
So, get ready with your Aadhaar, if you don't have it.
Now that the Life Certificate is made 'Digital', next step is to link your Pension account and Aadhaar.
So, get ready with your Aadhaar, if you don't have it.
Family pension - Train your spouse
Family pension takes nearly 6 months to reach beneficiary. This is the finding of a recent study .
This happens. According to the rules, the family pension should be disbursed the day after the death of the pensioner is reported. But, various shortfalls make it late.
The message is that if you want your spouse to get the family pension without interruption, make appropriate documentations and make the family pensioner aware of the steps needed for that.
Train your spouse as a widow/widower !!
After the death of the Pensioner, a set of papers are to be furnished to the Bank. This includes a letter about the death and family pension, and others. You would need a joint Bank account.
So, make your Bank account (Pension account) joint with your spouse immediately. Draft the intimation letter (except for the dates ! ). Make your spouse understand the essentiality and modus operandi.
Please don't ignore this !! Remember, someone may not be available for your spouse's help !!
This happens. According to the rules, the family pension should be disbursed the day after the death of the pensioner is reported. But, various shortfalls make it late.
The message is that if you want your spouse to get the family pension without interruption, make appropriate documentations and make the family pensioner aware of the steps needed for that.
Train your spouse as a widow/widower !!
After the death of the Pensioner, a set of papers are to be furnished to the Bank. This includes a letter about the death and family pension, and others. You would need a joint Bank account.
So, make your Bank account (Pension account) joint with your spouse immediately. Draft the intimation letter (except for the dates ! ). Make your spouse understand the essentiality and modus operandi.
Please don't ignore this !! Remember, someone may not be available for your spouse's help !!
Before you die !
When you die, will you be forgotten for ever ? Most likely, unless you do something very important right now.
If you would not be forgotten as soon as you are dead, either write something worth reading or do something worth writing. [ Benjamin Franklin]
So, please start writing something right now. May be your thoughts, stories, service stories, reminiscences, study notes on your favorite subject, and what not ! Write, write, and publish. No publisher ? Don't worry. Create a blog and post all your writings there !!
If you would not be forgotten as soon as you are dead, either write something worth reading or do something worth writing. [ Benjamin Franklin]
So, please start writing something right now. May be your thoughts, stories, service stories, reminiscences, study notes on your favorite subject, and what not ! Write, write, and publish. No publisher ? Don't worry. Create a blog and post all your writings there !!
Wednesday, March 4, 2015
Pensioners' Magna Karta
Reproduced below is the editorial of Pensioners advocate (Feb 2015)
There is something alarming. Please read and tell your associates too !
There is something alarming. Please read and tell your associates too !
Monday, March 2, 2015
Retirement age to 65
A press report says that the Govt is actively considering increasing the retirement age of Scientists in R&D Organisations to 65 ( from present 60 ). That's good news to ISROites.
Budget, Budget, and Budget - The good and bad
It's budget time. And it seems it is just over !
We expected many things in the budget concerning us, the Central Pensioners. But ....
Let us put down a few points from the Budget news !
The salaried class are disappointed ( and certainly the pensioners too )
No increase in the minimum taxable limit. And, no reduction in personal tax rates. So be prepared to pay more Income Tax amount next year.
FM says, concessions were given (earlier) despite inadequate fiscal spaces. So, he didn't look at the employees and pensioners. But he also says " Lot to look forward to as fiscal capacity improves". That's right. He knows well about the carrot and stick policy. Well.... hope drives us all. So, let's hope the best.
Additional tax exemptions on premium payment towards health insurance and contribution towards pension. Yes, for the new employees . But what's for those pensioners ?
To highlight the absolute neglect, here is some statistics !
The FM referred the term "investment" as many as 60 times in his speech.
He also referred the term "infrastructure" as many as 30 times.
And he made reference to the words "OROP" or "Full Parity" 0 times.
And finally, the Good News is that the FM did not make any proposal to cut down our pensions. Thank God, That's the best news !
We expected many things in the budget concerning us, the Central Pensioners. But ....
Let us put down a few points from the Budget news !
The salaried class are disappointed ( and certainly the pensioners too )
No increase in the minimum taxable limit. And, no reduction in personal tax rates. So be prepared to pay more Income Tax amount next year.
FM says, concessions were given (earlier) despite inadequate fiscal spaces. So, he didn't look at the employees and pensioners. But he also says " Lot to look forward to as fiscal capacity improves". That's right. He knows well about the carrot and stick policy. Well.... hope drives us all. So, let's hope the best.
Additional tax exemptions on premium payment towards health insurance and contribution towards pension. Yes, for the new employees . But what's for those pensioners ?
To highlight the absolute neglect, here is some statistics !
The FM referred the term "investment" as many as 60 times in his speech.
He also referred the term "infrastructure" as many as 30 times.
And he made reference to the words "OROP" or "Full Parity" 0 times.
And finally, the Good News is that the FM did not make any proposal to cut down our pensions. Thank God, That's the best news !
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