Saturday, December 30, 2017
Friday, December 29, 2017
Revised PPOs - No news
There's no news about the 7CPC Pension Revision ! Some persons got it ! Most people did not get it so far !! No idea as to what's happening at ISRO !!!
Keep waiting. you have no other option !
Keep waiting. you have no other option !
Wednesday, December 27, 2017
Tuesday, December 26, 2017
Monday, December 4, 2017
Various Benefits for Seniors
Here are various benefits you can avail as a Senior Citizen
Senior
citizens in India, who are above the age of 60, have always been accorded
certain benefits to make lives easier for them. So, let’s find out what these
concessions are:
1. Relaxed
tax laws
As
a senior citizen, your income is non-taxable up to Rs 3 lakh. If you are a
super senior citizen (above the age of 80), your income is non-taxable up to Rs
5 lakh.
There
are tax benefits when you pay health insurance premium too. For senior
citizens, insurance premium up to Rs 30,000 is exempt from tax.
If
you are diagnosed with a critical illness, you are eligible for tax deduction
of up to Rs 60,000, while it is Rs 80,000 for a super senior citizen.
2. Travel
concession
Senior
citizens are eligible for a 50% concession on airfares. This is applicable only
if you travel by economy.
Train
ticket concession for men above the age of 60 is 40%. Women above the age of 58
get 50% concession.
There
are similar concessions for bus travel as well. The rates vary from state to
state.
3. High
ROI
You
are eligible for a higher return on investment (ROI) if you are above the age
of 60. For instance, the Senior Citizen’s Saving Scheme provides 8.4% interest
per annum.
The
interest rate on fixed deposits (FDs) – 0.5% to be precise – is higher too.
4. Friendlier
insurance policy
There
are several insurance policies tailored for those above 60. For instance,
National Insurance offers a mediclaim policy called Varishta for those aged
between 60 and 80. The policy offers Rs 2 lakh for critical illness and Rs 1
lakh for hospitalisation.
5. Subsidised
phone bills
BSNL
waives registration charges for senior citizens over the age of 65. Senior
citizens are also eligible for registration of telephone on priority.
MTNL
offers a concession of 25% on installation charges and monthly service payments
to those above 65.
6. Other
special allowances
In
case of registration and medical examination, hospitals ensure there are
separate queues for the elderly.
If
aged over 60, you can ask the courts for the preferential hearing of your
case/s by writing to them.
Banks
also offer senior citizen cards and priority services.
To
sum up
These
are the benefits you are eligible for if you are a senior citizen or about to
be one. It is not easy to maintain a steady income in your retirement years.
That’s the reason such benefits are in place. They are there to ensure that no
senior citizen is harrowed during their sunset years.
source ; yahoo.com
Tuesday, November 28, 2017
Monday, November 20, 2017
Blessing in disguise - Retirement homes
Reproduced below is an article from The Indian Express dt 18th. Nov.
Its about a subject ISROfef has been talking about since long ! About RETIREMENT HOMES for ISRO retirees !!
But no one seems to be serious . Either they don't need one or are not able to recognise the need !
Sure, it seems the Associations of ISRO retirees have not even thought about this !!
Its about a subject ISROfef has been talking about since long ! About RETIREMENT HOMES for ISRO retirees !!
But no one seems to be serious . Either they don't need one or are not able to recognise the need !
Sure, it seems the Associations of ISRO retirees have not even thought about this !!
Friday, November 17, 2017
TERLS, 21 November 1963
Wednesday, November 15, 2017
Monday, November 13, 2017
Concordance Tables - Modified
As you are aware, the Concordance Tables, originally released Dt. 6-7-2017, had TWO subsequent modifications. Concordance Tables 43 and 44 (for Level 13) had been modified earlier. The latest modification is on Tables 51 and 52 (for Level 14).
The whole set of Tables, with modifications, is given below for your use. Please click below to Read/download the latest Concordance tables.
Further modifications in the Concordance Tables are NOT ruled out.
Modified Concordance Table for Level 14 ( Sci. G )
Modified Concordance Table for Level 14 ( Sci. G )
Office Memorandum dt 13 Sept 2017 have modified Concordance Table 51 and 52. This relates to Level 14 ( G ). The OM is reproduced below for your reference. Both pre-revised (original) and now revised Tables 51 and 52 are also given below for your quick reference.
Please note that the revised table shows a lesser pension for some of the Basic pay. Please confirm your pension based on this.
Friday, November 10, 2017
Thursday, November 2, 2017
Life Certificate
This is the month of November, and its time for all of us pensioners to prove that we are alive !
Please make sure that you give your Life Certificate to your Pension Account Bank, before 15th November.
Please make sure that you give your Life Certificate to your Pension Account Bank, before 15th November.
The Orbit of Memories
Friday, October 27, 2017
The Orbit of Memories
Thursday, October 26, 2017
Ormakalude Bhramanapatham - Sri. Nambi Narayanan
Ormakalude Bhramanapatham
( ഓർമകളുടെ ഭ്രമണപഥം )
( Orbit of memories )
Our former senior colleague, Sri. Nambi Narayanan just wrote his autobiography. The book titled Ormakalude Bhramanapatham will be released today by Dr. Sashi Tharoor, at the Press Club, Trivandrum.
The ISRO espionage case ! The created case of espionage !! where our former senior colleagues Sri. Nambi Narayanan and Sri. D Sasikumar were involved !!
I am sure, this will be many orbits of memories by many of us who were there at VSSC/ISRO those days !! It was a torture not only for "Nambi" and "Sasikumar", but for all of us in VSSC during those days.
ISROfef will feature a post on this book shortly here.
Read more on Sri. Nambi Narayanan from Wikipedia
On Facebook : NambiNarayanan
And ..
Sri. D. Sasikumar
( ഓർമകളുടെ ഭ്രമണപഥം )
( Orbit of memories )
Our former senior colleague, Sri. Nambi Narayanan just wrote his autobiography. The book titled Ormakalude Bhramanapatham will be released today by Dr. Sashi Tharoor, at the Press Club, Trivandrum.
The ISRO espionage case ! The created case of espionage !! where our former senior colleagues Sri. Nambi Narayanan and Sri. D Sasikumar were involved !!
I am sure, this will be many orbits of memories by many of us who were there at VSSC/ISRO those days !! It was a torture not only for "Nambi" and "Sasikumar", but for all of us in VSSC during those days.
ISROfef will feature a post on this book shortly here.
Read more on Sri. Nambi Narayanan from Wikipedia
On Facebook : NambiNarayanan
And ..
Sri. D. Sasikumar
Wednesday, October 25, 2017
VSSC Pensioners' Portal - CHSS claim submission online
VSSC Pensioners' Portal
Please Click above to enter VSSC Pensioners Portal
This Portal helps us to Submit CHSS Claims online. Excellent facility offered to all Pensioners from VSSC.
Unfortunately, the Claim Submission / New Claim is not working well. Let's hope the Portal becomes healthy soon !
Please Click above to enter VSSC Pensioners Portal
This Portal helps us to Submit CHSS Claims online. Excellent facility offered to all Pensioners from VSSC.
Unfortunately, the Claim Submission / New Claim is not working well. Let's hope the Portal becomes healthy soon !
Tuesday, October 10, 2017
SpaceX - RLV
Some of the media, today, put a small news item in a remote corner of the paper. I've reproduced one (BusineesLine) here.
Very interesting ofcourse !! Not that this Falcon 9 rocket put 10 satellites into an orbit, but the great act of returning the vehicle in an upright landing on a floating platform !!
I am sure, ISRO must be preparing for such smart feats !!
Very interesting ofcourse !! Not that this Falcon 9 rocket put 10 satellites into an orbit, but the great act of returning the vehicle in an upright landing on a floating platform !!
I am sure, ISRO must be preparing for such smart feats !!
Monday, October 9, 2017
2.57 to 2.67 - for Level 13 : A reminder
Those of you who missed the OM (which modified the IOR from 2.57 to 2.67 ) for Level 13, is given below. Please click below to read/download.
IOR revison for Level 13 ( from 2.57 to 2.67 )
And a clarification :
Index of Rationalisation ( IOR ) is used to generate the PayMatrix. Earlier it was 2.57 for Level 13, among some of the other Levels too. Now, this IOR for level 13 is modified to 2.67. Accordingly, the PayMatrix has been revised.
For Pay Fixation, please note that, the multiplication factor of 2.57 is used for all.
Sample cases of Pay/Pension fixation will follow .
IOR revison for Level 13 ( from 2.57 to 2.67 )
And a clarification :
Index of Rationalisation ( IOR ) is used to generate the PayMatrix. Earlier it was 2.57 for Level 13, among some of the other Levels too. Now, this IOR for level 13 is modified to 2.67. Accordingly, the PayMatrix has been revised.
For Pay Fixation, please note that, the multiplication factor of 2.57 is used for all.
Sample cases of Pay/Pension fixation will follow .
Saturday, October 7, 2017
Constant Attendance Allowance for Civil pensioners
Constant Attendance Allowance for Civil pensioners too increased.
Now it's 6750/- pm.
Download. Read the OM dt 3-10-17
Now it's 6750/- pm.
Download. Read the OM dt 3-10-17
Thursday, October 5, 2017
Modification of Level-13 of Pay Matrix
Modification of Level-13 of Pay Matrix - OM dt 28 Sept 2017
Level 13 seems to be a headache for the Min of Finance. Errors, Revisions, and Clarifications continues....
A new set of modifications is just released. Click the link given here to read on the full OM. If you happen to digest the OM, kindly tell all of us, who are confused now, about how it refers to we pensioners of Level 13 (Engr SF ) .
OM dt 28-09-2017 Regarding Level 13 - Modifications
Level 13 seems to be a headache for the Min of Finance. Errors, Revisions, and Clarifications continues....
A new set of modifications is just released. Click the link given here to read on the full OM. If you happen to digest the OM, kindly tell all of us, who are confused now, about how it refers to we pensioners of Level 13 (Engr SF ) .
OM dt 28-09-2017 Regarding Level 13 - Modifications
Sunday, September 10, 2017
Good rumour, but pray for the best
If no good news, why not some good rumour ! That's why I dare to give you a sweet rumour !!
7CPC – Fitment Factor Likely to be 3 With Hike in Minimum Pay to Rs 21,000
After the 7th Pay Commission recommendations were approved, the National Anomaly Committee is set to meet and decide on the hike in minimum pay.
Last year in September, the government had formed a 22-member National Anomaly Committee which was headed by Secretary of Department of Personnel and Training (DoPT). The committee was formed to look into the concerns of central government employees related to the minimum pay.
Now, after discussing the matter with the stakeholders, the committee may recommend a hike in minimum pay to Rs 21,000.
The government is likely to soon announce the decision of raising the minimum pay for central government employees considering the inflationary pressure, a reliable source said.
However, the central government employees unions were demanding the rise in minimum pay to Rs 26,000 and raising fitment formula to 3.68.
In June, when the Union Cabinet had approved the implementation of 7th Pay Commission, that time, the Ministry had fixed minimum pay at Rs 18,000 considering the fitment formula at 2.57.
Keep your Fingers Crossed
The National Anomaly Committee will meet soon. On the agenda would be the basic minimum pay which the Central Government employees have demanded be raised from Rs 18,000 to Rs 25,000. The NAC would by a majority vote decide on this aspect.
What to Expect?
Sources say that there is a general agreement that the basic minimum pay should be hiked. Finance Minister Arun Jaitley had assured that the minimum pay would be hiked. While the employee unions have been demanding that the minimum pay be hiked to Rs 25,000, the NAC majority would however may vote to clear a Rs 21,000 hike in basic pay.
Fitment Factor may be tinkered with
The NAC would also take up for discussion the rise in fitment factor. In order to increase the basic minimum pay, the fitment factor currently at 2.57 will be raised to 3 times. Sources say that the NAC agrees that the fitment factor should be 3 times. This would ensure that the salary and pension for all Central Government employees would go up.
7CPC – Fitment Factor Likely to be 3 With Hike in Minimum Pay to Rs 21,000
GConnect last day reported the matter as below :
Last year in September, the government had formed a 22-member National Anomaly Committee which was headed by Secretary of Department of Personnel and Training (DoPT). The committee was formed to look into the concerns of central government employees related to the minimum pay.
Now, after discussing the matter with the stakeholders, the committee may recommend a hike in minimum pay to Rs 21,000.
The government is likely to soon announce the decision of raising the minimum pay for central government employees considering the inflationary pressure, a reliable source said.
However, the central government employees unions were demanding the rise in minimum pay to Rs 26,000 and raising fitment formula to 3.68.
Keep your Fingers Crossed
The National Anomaly Committee will meet soon. On the agenda would be the basic minimum pay which the Central Government employees have demanded be raised from Rs 18,000 to Rs 25,000. The NAC would by a majority vote decide on this aspect.
What to Expect?
Sources say that there is a general agreement that the basic minimum pay should be hiked. Finance Minister Arun Jaitley had assured that the minimum pay would be hiked. While the employee unions have been demanding that the minimum pay be hiked to Rs 25,000, the NAC majority would however may vote to clear a Rs 21,000 hike in basic pay.
Fitment Factor may be tinkered with
The NAC would also take up for discussion the rise in fitment factor. In order to increase the basic minimum pay, the fitment factor currently at 2.57 will be raised to 3 times. Sources say that the NAC agrees that the fitment factor should be 3 times. This would ensure that the salary and pension for all Central Government employees would go up.
Friday, September 1, 2017
Thursday, August 17, 2017
Constant Attendance Allowance Hiked
Constant Attendance Allowance Hiked
The constant attendant allowance given to a retired employee has increased to Rs 6,750 per month from the existing Rs 4,500, by an official OM issued now. This is effective from 1-7-2017.
The allowance is sanctioned if, in the opinion of a competent medical authority, a 100 per cent disabled retired employee needs the services of a constant attendant for at least three months.
Accordingly, the allowance has been hiked from Rs 4,500 to Rs 6,750 per month, said the order issued by the Ministry of Personnel, Public Grievances and Pensions.
Ref : DPPW OM No. No.1/4/2017–P&PW (F) Dt. 2-8-2017
Wednesday, August 16, 2017
I am an Indian - Music from ISRO
Our younger brothers are making wonderful Rockets and Satellites. They also make MUSIC !!
Congratulations to the team of video "I am an Indian". Please watch it now at YouTube.
Click the link below.
I am an Indian
Tail end :
Our bosses, those days, used to make music, and we all did dance to their tune !!
Today, these young men make music. Their bosses must be dancing !!
Here is a paper report (TheHindu) on this.
Congratulations to the team of video "I am an Indian". Please watch it now at YouTube.
Click the link below.
I am an Indian
Tail end :
Our bosses, those days, used to make music, and we all did dance to their tune !!
Today, these young men make music. Their bosses must be dancing !!
Here is a paper report (TheHindu) on this.
Tuesday, August 15, 2017
History from Dr. Geoge Joseph
These are the days of creating History ! ISRO certainly creates history the every other day, and we all are really proud of it.
Former top guns too, it looks, are busy in creating history through their autobiograhy. The latest in the list is Dr. George Joseph, former Director , SAC. This is more of a Technical one than his Autobiography. Hats off to you sir !!
Here is a review of his book (TheHindu) , titled "India's journey towards excellence in building earth observation Cameras"
More about Dr. George Joseph Click here to go to Wikipedia
Former top guns too, it looks, are busy in creating history through their autobiograhy. The latest in the list is Dr. George Joseph, former Director , SAC. This is more of a Technical one than his Autobiography. Hats off to you sir !!
Here is a review of his book (TheHindu) , titled "India's journey towards excellence in building earth observation Cameras"
More about Dr. George Joseph Click here to go to Wikipedia
Tuesday, August 8, 2017
Autobiography of Mr. G Madhavan Nair
അഗ്നിപരീക്ഷകൾ
Autobiography of our former Chairman, Sri. G Madhavan Nair.
" Autobiography by G Madhavan Nair , former Chief of ISRO. A book which ignites the Indian minds after APJ Abdul Kalam's Agnichirakukal. In this book he unleashes many untold stories related to ISRO and Indian Space History."
Autobiography of our former Chairman, Sri. G Madhavan Nair.
" Autobiography by G Madhavan Nair , former Chief of ISRO. A book which ignites the Indian minds after APJ Abdul Kalam's Agnichirakukal. In this book he unleashes many untold stories related to ISRO and Indian Space History."
Books of G MADHAVAN NAIR | |||||||||||||
|
Monday, August 7, 2017
Concordance Tables - discrepancies ?
By this time, you all would have studied the Concordance table relevant to your Grade / Level. Did you convince yourself that your pension shown in the Table is right ?
But ... it looks there is a discrepancy in Level 13 ( Sci/Engr SF ).. ie. Concordance Tables 43/44/45.
Please remember that the IOR (Index of Rationalisation ) , for Level 13 , has been modified to 2.67 against 2.57 given earlier. The concordance tables seem to be computed with 2.57 only. It should have been with 2.67.
Please see below, a tabulation of the computation. Please go through and comment.
But ... it looks there is a discrepancy in Level 13 ( Sci/Engr SF ).. ie. Concordance Tables 43/44/45.
Please remember that the IOR (Index of Rationalisation ) , for Level 13 , has been modified to 2.67 against 2.57 given earlier. The concordance tables seem to be computed with 2.57 only. It should have been with 2.67.
Please see below, a tabulation of the computation. Please go through and comment.
For Pre 2006 , Level 13, GP 8700, Sci/Engr SF | |||||||||
Basic Pay from 1.1.96 to 31.12.2005 |
Basic Pay from 1.1.2006 to 31.12.2015 |
Notional pay as on 1.1.2016 |
Next higher in Pay Matrix | Revised Pension from 1.1.2016 |
Revised pension as per Concordance Table | Notional pay as on 1.1.2016 |
Next higher in Pay Matrix | Revised Pension from 1.1.2016 |
|
X 2.57 | X 2.67 ( as per revised PayMatrix, dt. 16.5.2017 ) | ||||||||
14300 to 14700 | 46100 | 118477 | 118500 | 59250 | 61550 | 123087 | 123100 | 61550 | |
15100 to 15500 | 47230 | 121381 | 122100 | 61050 | 61550 | 126104 | 126800 | 63400 | |
15900 to 16300 | 48390 | 124362 | 125800 | 62900 | 63400 | 129201 | 130600 | 65300 | |
16700 to 17100 | 49590 | 127446 | 129600 | 64800 | 65300 | 132405 | 134500 | 67250 | |
17500 to 17900 | 50820 | 130607 | 133500 | 66750 | 67250 | 135689 | 138500 | 69250 | |
18300 to 18700 | 52090 | 133871 | 137500 | 68750 | 69250 | 139080 | 142700 | 71350 | |
19100 to 19500 | 53400 | 137238 | 137500 | 68750 | 69250 | 142578 | 142700 | 71350 |
Tuesday, August 1, 2017
3.5 %
Obviously, most of the Pensioners have FDs in the Bank. Now, they may be getting a return of 8 % pa, at best. And , after Income Tax, its just about 7 % ... that's all.
In your SB account, now you earn a mere 4 %. And, from today onwards, its only 3.5 %. This will be immediately followed by a reduction in FD interest rates as well.
What does this all mean to you ?? Your money in the Bank will not get you anything good ! Think well... find other investment options that suit you.
In your SB account, now you earn a mere 4 %. And, from today onwards, its only 3.5 %. This will be immediately followed by a reduction in FD interest rates as well.
What does this all mean to you ?? Your money in the Bank will not get you anything good ! Think well... find other investment options that suit you.
Monday, July 31, 2017
Requests for Pension revision
Some Central Pensioners still argue that " a written request to the Office (from where you retired) is necessary for effecting the 7CPC pension revision". But, dept of Pensions and Pensioners' welfare have again confirmed that NO such requests are necessary. The Depts are to act and do the revision, without any individual request from the pensioners. Here is the quote from the OM dt. 25 July.
F.No. 4/23/2017-P&PW(D)
Government of India
Ministry of Personnel Public Grievances & Pension
Department of Pension and Pensioners Welfare
Government of India
Ministry of Personnel Public Grievances & Pension
Department of Pension and Pensioners Welfare
3rd Floor, Lok Nayak Bhawan,
Khan Market, New Delhi
Dated 25th, July, 2017
Khan Market, New Delhi
Dated 25th, July, 2017
OFFICE MEMORANDUM
Subject: Implementation of Government’s decisions on the recommendations of the 7th Pay Commission-Revision of Pension of pre-2016 pensioners/family pensioners etc- Procedural actions for revision.
The undersigned is directed to say that orders for revision of pension of pro-2016 pensioners/family pensioners by notional pay fixation in the 7th Central Pay Commission Matrix have been issued vide this Department’s O.M. No.38/37/2016-P&PW(A) dated 12.05.2017 Subsequently, concordance tables for fixation of revised pay and pension/family pension of pre-2016 pensioners/family pensioners have also been circulated vide this Department’s O.M. No. 38/37/2016-P&PW(A) dated 06.07.2017.
2. Attention Of Ministries/Departments is invited to Para-18 of this Department’s O.M. No.38/37/2016-P&PW(A) dated 12/05/2017 whereby responsibility has been cast on Head of Department and Pay and Pay and Accounts Office attached to the office from which the Government servant had retired or was working last before his death to revise the pension/family pension of pre-2016 pensioners/family pensioners with effect from 01.01.2016
3. It has however, come to the notice of this Department that the process of revision of pension/family pension of pre-2016 pensioners/family pensioners has not been started by a large number of Ministries/Department/Organisations/Offices. It has also brought to the notice of this Department that pensioners/family pensioners are being asked to make a formal application for revision of their pension/family pensioners. The instructions issued by this Department do not provide for submission of application by individual pensioners/family pensioners for revision of pension/family pension Ministries/Departments, etc. are, therefore, once again requested to suo moto proceed to process the revision cases immediately to avoid delays in issuance of revised PPOs of pre-2016 retirees.
4. All the Ministries/Departments are also requested to furnish the status of revised cases as on 16-08-2017 in the enclosed proforma so as to reach this Department latest by 31-08-2017.
(Sanjay Wadhawan)
Deputy Secretary to the Govt. of India
Deputy Secretary to the Govt. of India
Monday, July 24, 2017
Sunday, July 23, 2017
Corrections to Table 44 and 45 - Concoradance Tables
Ho... there are corrections to Table 44 and 45 ( Level 13, ie. Engr SF grade ) in the Concordance tables.
Here is the OM from Govt. dt 18 July 2017. Click to read !!
But, the corrections are NOT positive for anyone... but certainly negative for some !!
Friday, July 14, 2017
Pensioners' Portal - Pension Calculator - Official
Revised Pension Calculator for pre-2016 Pensioners - 7CPC |
GoI Pensioners' Portal has a Pension Calculator now.
It claims to be based on all Govt instructions and OMs. And particularly based on the Concordance tables. Try your own !!
Click below to go to :
Pensioners' Portal
But , I personally feel there is a mistake in the case of Level 13 ( Sci/Engr. SF ) . As you know, the index of multiplication is 2.67 and not 2.57 . But the computation seems to take only 2.57, and so there is a mistake in the computation.
Kindly verify and confirm yourself.
Did you check the CONCORDANCE TABLES ??? That's all the Bible for the Deprt to compute your latest Pension.
Saturday, July 8, 2017
VSSC Pensioners Portal
VSSC Pensioners' Portal ... It's too difficult to get logged in.
Please try the following link. You will be better off !!!
VSSC Pensioners Portal
Please try the following link. You will be better off !!!
VSSC Pensioners Portal
Thursday, July 6, 2017
Pension fixation - Concordance Tables
An important info !!!
DoPPW has just released the Concordance Tables for fixation of Pension for Pre-2016 pensioners.
Please read the OM dated today ( 6/7/2016) below.
Please Click here to DOWNLOAD / VIEW the tables !!!
Click here to VIEW / Download the OM
DoPPW has just released the Concordance Tables for fixation of Pension for Pre-2016 pensioners.
Please read the OM dated today ( 6/7/2016) below.
Please Click here to DOWNLOAD / VIEW the tables !!!
Click here to VIEW / Download the OM
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