second instalment 60% released


http://gconnect.in/gc/service/government-orders-consequent-on-sixth-pay-commission-implementation.html Link2Communion.com The long awaited orders for payment of Second Installment of 6CPC Arrears has been issued by Department of Expenditure, Ministry of Finance in the Office memorandum F.No: 1/1/2008-IC dated 25.08.09. It is stated in the said office memorandum that the 60% arrears may now be paid to Government Servants. It is also stated that in the case of employees who joined in the Govt service after 01.01.2004, the second installment of arrears may be released only after individual application forms for registration to the New Pension Scheme have been obtained by the DDO/PAO from the concerned employee. Download Office Memorandum F.No: 1/1/2008-IC dated 25.08.09 F.No. l/l/2008-IC Government of India Ministry of Finance Department of Expenditure Implementation Cell NewDelhi,Dated 25th August,2009. OFFICE MEMORANDUM Subject: Payment of second instalment of arrears on account of implementation of Sixth Central Pay Commission’s recommendations. As communicated vide this Department’s Resolution No.l/l/2008-IC dated 29th August, 2008, the Government had decided that the arrears on account of implementation of Sixth Central Pay Commission’s recommendations will be paid in cash in two instalments – first instalment of 40% during the year 2008-09 and the remaining 60% in the financial year 2009-10. The first instalment has already been paid in 2008-09. It has now been decided that the remaining 60% of arrears may now be paid to the concerned Government servants. 2. Further, as already stipulated vide this Department’s O.M. No 1 (2)/ EV/2008 dated 17th August, 2009, in the case of post – 0l.01.2004 entrants into the Central Government, the second instalment of arrears may be released only after individual application forms for registration to the New Pension Scheme have been obtained by the DDO/PAO from the concerned Government servant. 3. As in the case of the first instalment of arrears, Government servants will be permitted to deposit their arrears in their GPF Accounts. Though not mandated, Government servants are encouraged to deposit their arrears in their GPF accounts.

http://pensionersportal.gov.in/sixthCPC/F_no38_37_08partii.pdf
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