Showing posts with label Teachers Sixth Pay Commission. Show all posts
Showing posts with label Teachers Sixth Pay Commission. Show all posts

Friday, 27 May 2011

Bihar Retired Teachers: Sixth Pay Commission increase in Pension: Pension, Pay Arrears & Salary Hike Details

Details about Bihar Retired Teachers Sixth Pay Commission Salary Pay Hike
We had earlier published the news on Retired Teachers Sixth Pay Commission- Info on Salary, Pension & Details. Recently, Bihar state government has come out with the latest news on Sixth Pay Commission for the Retired Teachers of Bihar State colleges and advised that the teachers who have retired will get their pension (or pension for family) at the new revised rate which will be effective March, 2011.

Finally the good news has arrived for the Retired teachers of Bihar who will be getting the Sixth Pay Commission Salary, Pension as well as the Pay Arrears as per the recent recommendations. Sixth Pay Commission

Retired Teachers of Bihar to get Sixth Pay Commission Revised Pension Pay Hike



How many staff of Bihar Retired Teachers will get the revised pay?
The exact no. of beneficiaries is not known, but it is learnt that all university staff members who retired will be eligible for this revised pension.

General Sixth Pay Commission Salary Hike & Arrears Calculator (Indicative)

Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike (Indicative)

By which date is this decision effective?
It is reported that the salary hike is effective from 1st March, 2011.

What is the reaction to this development by the Bihar Retired Teachers staff?
The staff is really happy about the high salaries which they will be getting.

What steps have been taken so far in getting this new revised pension implemented the Sixth Pay Commission ?
As of now, the HRD minister Mr. Shahi has conveyed to Federation of Retired University Teachers' Associations of Bihar (FRUTAB) that the first step will be for the government to send out the circulars to all the universities informing them about the decision.
The next step will be for universities to send back to the government the details of the additional funds required for this revised pension.
Once that is receieved, the government will then release the required amount so that it can be paid to the retired employees.

Apart from that, it is also reported that 50 percent dearness relief will also be given to the retired members

Monday, 20 September 2010

IIT IIM NIT Professors get Sixth Pay Commission Salary: Pension, Pay Arrears & Salary Hike Details

Details about IIT IIM Professors Sixth Pay Commission Salary Pay Hike for faculty staff of IIT and IIM
We've reported news about the IIT IIM Sixth Pay Commission in our previous news articles IIT, IIM, NIT & School Staff get Sixth Pay Commission Salary Hike Aug 2009. And now finally the good news has arrived for the Professors and Senior Faculty staff of IIT's and IIM's in India. Sixth Pay Commission

IIT IIM Professors get Sixth Pay Commission Salary Salary Pay Hike

The government has finally given in to the long standing demands of the IIT faculty members and has sanctioned Higher Administrative Grade (HAG) Pay of Rs 67000-Rs. 79000 for the Seniopr faculty members.

What is the latest update about the IIT IIM Professors salary hike
As per the Human Resource Ministry - "It has now been decided in consultation with the Department of Expenditure to extend the HAG scale of Rs 67,000-Rs 79,000 without any Grade Pay in place of AGP of Rs 12,000 per month. The AGP of Rs 12,000 per month does not exist anymore" the HRD notification states.

Those professors who do not qualify for the HAG scale will get between Rs 37,400 and Rs 67,000 a month, as the pay panel had recommended. They will be eligible for the additional grade pay of Rs 10,500 to Rs 12,000.

How many professors at IIT and IIM will get HAG pay?
Around 40% of the professors will be eligible for HAG pay in IIT's and IIM.
Around 20% of the professors will be eligible for HAG pay in NIT's (National Institutes of Technology), the Indian School of Mines in Dhanbad and the School of Planning and Architecture.

General Sixth Pay Commission Salary Hike & Arrears Calculator (Indicative)

Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike (Indicative)

By which date is this decision effective?
It is reported that the salary hike is effective from 18 August, 2009.

What is the reaction to this development by the professors?
The faculty staff is really happy about the high salaries which they will be getting. However, they are unhappy about these 40% and 20% caps which have been put on.

Wednesday, 11 August 2010

Private School Teachers get Sixth Pay Commission Salary: Pension, Pay Arrears & Salary Hike Details

It's raining money and more money for all kinds of employees - all thanks to the Sixth Pay Commission, that not just Public Sector organizations and entities, even private entity employees are reaping the benefits of the Sixth Pay Commission implementation. The BMC or the Brihanmumbai Municipal Corporation's (BMC) has recently passed an order to provide the Private School Teachers the salaries which will be at par with their counterparts in the Government schools and will be as per the Sixth Pay Commission. This order will directly benefit the Private school staff in terms of salary, pay and pension. Sixth Pay Commission

Private School Teachers get Sixth Pay Commission Salary

Which private schools staff will be eligible to get the benefits of Sixth Pay Commission implementations?
Both the aided private schools and un-aided private school teachers will be getting the salary as per the sixth pay commission.
It's a souble win situation for private school teachers as now these private school teachers will not only get equivalent salary as compared to their counterparts in Government schools.

General Sixth Pay Commission Salary Hike & Arrears Calculator (Indicative)

Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike (Indicative)

How much salary hike is expected for private school teachers as per the Sixth Pay Commission ?
It is expected that the monthly salary will rise by 5000 to 10000 Rs. for the private school teachers.

Will the private school teachers also get arrears as per the Sixth Pay Commission ?
It is not known, because it is learnt that many teachers in government aided schools are yet to get their arrears payment as per the old Fifth pay commission. So the arrears payment for sixth pay commission are still in question.
Also there is no calrity over how and when will the new order regarding the new 6th Pay commission salary will be implemented.

But overall, it appears to be a good news for the private school teachers. Atleast they will now be sure about their salary being at par with their govt school counterparts. Especially the teachers who get really low salary in a few private schools can really cheer up, because till now it has been more of an exploitation for them in private schools with very low salaries being paid out.
However, it will hit the common man very hard, because all this fee hike for private schools will be passed on to the parents in terms of increased fee hikes.

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