Special Allowance will be at 26.5% in 12th Bipartite -A Notorious thing
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It is understood that the notorious 'Special Allowance' will be at 26.5% of the revised Basic Pay, in 12th BPS. At this rate, Special Allowance will exceed the Basic Pay itself, in another 10 years. Simply idiotic, irrational and ridiculous!
This has been done deliberately, with the sole objective of reducing the Basic Pay. This bad and self-defeating exercise that was started at the time of 10th BPS will have evil and everlasting effects on the construction of the Pay Scales (present and future) and also on HRA, PQP, FPP.
Further, the terminal benefits like Gratuity, Pension, Commuted Pension and Family Pension will also be severely impacted. I am at a loss to understand how and why those who are still in service - especially those who are aged 45 years and above - are keeping silent, without showing resistance and without even a murmur of protest.
Have they resigned themselves to fate?
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3 comments:
Madness
No use of spl pay
Even S C made a comment on it
Till our lords are hanging on it
Good morning sir
BIPARTITE stalemate not cleared
Govt dictates I'll effects of 12 BPS
BJP destroys bank employees like
Congress. Not democracy
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