GRAMIN DAK SEVAKS GROUP INSURANSE SCHEME 2010

LATEST INFORMATION ON YOUR MOBILE

IF YOU WANT TO KNOW LATEST INFORMATION OR MACP PAY FIXATION, ARREARS, PL SMS/SEND YOUR MOBILE NUMBER, NAME, DESIGNATION, DIVISION TO 09849636361 OR 08019549939

NEW PENSION SCHEME GIVES MORE RETURNS

NEW PENSION SCHEMES GIVES 12% AVERAGE RETURNS LAST YEAR (FIRST YEAR OF ITS OPERATION) FOR PUBLIC AND 14.82% AVERAGE RETURNS FOR CENTRAL GOVT. EMPLOYEES

The New Pension Scheme (NPS) for all citizens of India introduced in May 2009, has generated an average return of 12% in the first year of its operation, outperforming most other long-term savings scheme such as the Employees' Provident fund and term deposits. the year-old scheme for all citizens of India has a corpus fund of just Rs 10 crore with 6000 subscribers as compared with the Employees provident Fund (EPF) wich has over 4.5 crore subscribers with a corpus fund of over 262000 crore as on March 209. NPS corpus is managed by six different fund managers. The equity investments of the scheme has generated a 26% return. the new Pension scheme corpus is eqally divided amongst the six fund managers including SBI Pension Funds, UTI Retirement Solutions, IDFC Pension funds, ICICI Prudential Pension Funds, Kotak Mahindra Pension Funds and Reliance Capital Pension Fund.

Central Govt Employees who joined as a part of the contributory New Pension Scheme (NPS) have earned a weighted average returns of 14.82 % during 208-09, the first year when three fund managers managed a corpus of around Rs. 2000 crore

- Akula . Praveen Kumar

LATEST INFORMATION ON YOUR MOBILE

IF YOU WANT TO KNOW LATEST INFORMATION, PL SMS/SEND YOUR MOBILE NUMBER, NAME, DESIGNATION TO 09849636361 or 08019549939

KNOW YOUR MACP ARREARS & PAY FIXATION

IF YOU WANT ARREARS AND PAY FIXATION ON ACCOUNT OF FINANCIAL UP GRADTION UNDER MACP SCHEME , SEND SMS / EMAIL ABOUT YOUR BASIC PAY, GARDE PAY, PAY BOND AS ON 01-09-2008 or DATE OF YOUR MACP PROMOTION

GDS DA ORDERS ISSUED

GDS DA ORDERS ISSUED Vide memo no. 14-5/2009-PAP dated 12/04/2010

HOLIDAY ON 14-04-2010

Copy of office memorandum no. 12/3/2010-JCA-2 dt 29-03-2010 of Dept. of Personnel & Training is furnished here under.

It has been decided to declare wednesday 14th April 2010 as closed holiday on account of Birthday of Dr. B.R. Ambedkar, for all Central Govt offices through out India.

The above holiday is also being notified in excercise of the Powers conferred by Section 25 of the Negotiable Instrument Act 1881 (26 of 1881).

DA ORDERS RELEASED

No. 1 (3)/2010-E.II (B)
Govt. of India
Ministry of Finance
Department of Expenditure
New Delhi, the 26th March, 2010
OFFICE MEMORANDUM

Subject:- Payment of Dearness Allowance to Central Government Employees - Revised Rates effective from 1.1.2010

The undersigned is directed to refer to this Ministry's Office Memorandum No. 1 (6)/ 2009 - E-II (B) dated 18th September, 2009 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 27% to 35% with effect from 1st January, 2010.
2. The provisions contained in paras 3, 4 and 5 of this Ministrry's OM No. 1 (3) / 2008 - E- II (B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.
3. The additional instalment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.
4. The payment of arrears of Dearness Allowance for the months of January and February, 2010 shall not be made before the date of disbursement of salary for March, 2010.
5. These orders shall also apply to the civilian employees paid from the Defence Services Estimtaes and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees separate orders will be issued by the Ministry of Defence and Ministry of Railways respectively.
6. In so far as the persons serving in the Indian Audit and Accounts Department are concerned, these orders issue after consultation with the Comptroller and Auditor General of India.

sd/ ( R. Prem Anand)
Under Secretary to the Government of India.

SRI RAMA NAVAMI SUBHAKANSHALU

GDS SERVICE CAN BE TAKEN FOR SHORTFALL OF PENSIONARY SERVICE

shortfall in Qualifying service for grant of minimum pension shall be taken from GDS period of empolyment. An historical decision by CAT Madras Bench upheld by Honourable Chennai High Court and the Supreme Court followed by an Order by the Department of Post.