Business

7th Pay Commission arrears to be paid in One instalment

7th Pay Commission arrears to be paid in One instalment

TIL Desk/Business/New Delhi-Government has decided to pay its employees arrears arising from implementation of the 7th Pay Commission recommendations in one go in August salaries. The government has already notified the 2.57-time hike in basic salary of one crore government employees and pensioners as per the 7th Pay Commission recommendations. The pay hike has been made effective from January 1, 2016.

In an instruction, the finance ministry also said that the revised pay structure effective from January 1, 2016, would include the Dearness Allowance of 125 per cent provided in the pre-revised pay structure. The rate of the first installment of DA under revised pay will be announced later.

“The arrears as accruing on account of revised pay consequent upon fixation of pay under CCS (RP) Rules, 2016 with effect from January 1, 2016, shall be paid in cash in one installment along with the payment of salary for the month of August, 2016, after making necessary adjustment on account of GPF and NPS, as applicable, in view of the revised pay,” a finance ministry statement said.

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