Thursday, 11 August 2016

MACP II Fixation - Which option is best for you ?.



MACP II promotion after 25/07/2016 - ( ie.  After 7th Pay Commission Notification date)


Mr. Abi ,  Date of Appointment 22/07/1996

MACP II Due date : 22/07/2016   ( approximate Strike  period 15 days )

Expected date of MACP II  = 05/08/2016

01/01/2016
01/07/2016
 13950+2800 = 16750
14460+2800= 17260

Since the upgradation is after 25/07/2016 ( ie. 7th Pay Commission Notification) the option to switch over on due date of upgradation is not applicable.

Retaining the old pay to Date of Next Increment

Retaining the old pay to subsequent increment on 01/07/2017 is an another option

Pay  as on 01/01/2016 : 13950+2800= 16750
No option from 01/07/2016
Option to switch over revised pay  on DNI  01/07/2016

Option on subsequent Increment after  D.O.V  on 01/07/2017

As on 01/01/2016
16750 x 2.57 = 43047.50

Level  - 5 in Pay Matrix

As on 01/01/2016 Rs. 44100

As on  01/07/2016 Rs. 45400






As on 01/01/2016
Pay 13950+2800= 16750


As on 01/07/2016
Pay 14460+2800= 17260

Switch over

17260  x 2.57 = 44358

Level  - 5 in Pay Matrix
 Rs. 45400
As on 01/01/2016
Pay 13950+2800= 16750


As on 01/07/2016
Pay 14460+2800= 17260








Upgradation on 05/08/2016

Notional Increment  -> Rs.46800

Level  - 6 in Pay Matrix

Rs. 47600

DNI  = 01/07/2017 

Total Pay Rs. 49000



Upgradation on 05/08/2016

Notional Increment  -> Rs. 46800

Level  - 6 in Pay Matrix

Rs. 47600

DNI  = 01/07/2017 

Total Pay Rs. 49000


Upgradation  on 05.08.2016

14980+420 = Rs 19180


As on 01/07/2017
Increment
15560+460 = Rs. 19760

Switch over  -> 01/07/2017

19760  x 2.57 = 50783

Level  - 6 in Pay Matrix
 Rs. 52000

Excess Rs. 3000 per month

The difference of pay for getting hike Rs. 3000 in Basic pay w.e.f 01/07/2017 on opting revised pay on subsequent increment FROM 01/01/2016 to 30/06/2017


No option on 01/01/2016
Option on subsequent i.e on 01/07/2017
(01/01/2016 to 30/06/2016 )

44100 x 6 months =  Rs. 2,64,600

(01/01/2016 to 30/06/2016 )

16750 x 225 x 6 = Rs, 2, 26, 125


01/07/2016 to 31/12/2016

Expected  DA  2% ,say

45400 x 102 x 6 = Rs. 2, 77, 848

(01/07/2016 to 04/08/2016 )

Expected  DA  7%, say

17620  x 232 x 35 days/ 31  = Rs. 45,210

(05/08/2016 to 31/08/2016 )

19180  x 232 x 27 days/ 31  = Rs. 38,755

(01/09/2016 to 31/12/2016 )

19180  x 232 x 4 months  = Rs. 1, 77, 990
01/01/2017 to 30/06/2017

Expected  DA  5%

45400 x 105 x 6 = Rs. 2, 80, 020

 Total : Rs. 8, 22, 468
(01/09/2016 to 31/12/2016 )

Expected  DA  5%

19180  x 232 x 5 months  = Rs. 2,27, 283

Total Rs. 7,15,363
Source :  http://sapost.blogspot.in/

Difference Rs, 1,07,105- pay is to be forgone by retaining old pay to get hike of Rs. 3,000 w.e.f from 01/07/2017 . The HRA and TP if increased will also to be compromised.

Thanks to Shri. Saravanan.

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