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Monday, March 26, 2012

LATEST CENTRAL GOVT DECISIONS


1.   GOVERNMENT IN PUBLIC INTEREST MAY RETIRE ANY GOVERNMENT SERVANT.

Minister of State for Personnel, Public Grievances and Pensions V Narayanasamy speaks in the Lok Sabha. Government in public interest may retire any Government Servant

New Delhi, Mar 15,2012 (PIB): The Central Government employees are concerned, Government in public interest may retire any Government Servant after he has attained the age of 50/55 years or after completion of 30 years service by giving him notice of not less than three months in writing or three months pay and allowances in lieu of such notice.


This was stated by the Minister of State for Ministry of Personnel, Public Grievances and Pensions and the Minister of State in the Prime Minister’s Office, Shri V. Narayanasamy in a written reply in Rajya Sabha today.

2. CENTRAL GOVERNMENT READY TO IMPLEMENT PERFORMANCE RELATED INCENTIVE SCHEME (PRIS) TO ITS EMPLOYEES...

The Central Government has finally decided to implement the Performance Related Incentive Scheme (PRIS) recommended by the Sixth Pay Commission for all Central government employees.

Minister of State for Personnel V.Narayanasamy told in Rajya Sabha with a written reply, the recommendation has been accepted by the Government, Guidelines are being worked out through inter-departmental consultation.


Interest Rates On GPF - 8.6% (eight point six percent) with effect from 1.12.2011

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