Wednesday, 25 January 2012
Release of Revised MNOP Script ( dtd 24/01/2012)
Release of Revised MNOP Script
It
is decided to keep both POS and SpeedNet MNOP Updation Script at a
single point download. This script has to be used at all the offices
using POS and SpeedNet.
Based
on the latest Sorting Extract / Orders received from the Directorate
and IC Hub Data received from Circles, the Revised MNOP Script is
released and the details of the releases are as follows.
This
script will contain the entire Hub Master data as per the requirement
/modifications - including all the previous revisions. This document
shows only the latest revisions.
Source & Downloadftp://ftp.ptcinfo.org/MNOP_Hubs_UpdationScripts_POS_SpeedNet/
Minutes of the Postmen Committee dated - 16.01.2012
Recommendations of 6th Central Pay Commission - Applicability of revised Group 'D’ pay scales to Casual Labourers with Temporary Status
No.49011/31/2008-Estt. (C)
Government of India
Ministry of Personnel, Public Grievances & Pensions
(Department of Personnel & Training)
Government of India
Ministry of Personnel, Public Grievances & Pensions
(Department of Personnel & Training)
North Block, New Delhi.
Dated: 23rd January, 2012
Dated: 23rd January, 2012
OFFICE MEMORANDUM
SUBJECT: Recommendations
of 6th Central Pay Commission - Applicability of revised Group 'D’ pay
scales to Casual Labourers with Temporary Status.In supersession of this Department’s O.M. of even number dated 12.9.2008 on the above subject it has been decided that the wages of Casual Labourers, who were granted the temporary status in terms of the provisions of the Casual Labourers (Grant of Temporary Status and Regularization) Scheme, 1993 issued by this Department and were in receipt of wages based on the pre revised S-I scale as on 1.1.2006, may be worked out and paid on the basis of the Pay Band I with Grade Pay of Rs.1800/- w.e.f. 1.1.2006 provided they are matriculate. In case of similarly placed non-matriculate temporary Status casual labourers, the above benefit of wages w.e.f. 1.1.2006 may be extended only after imparting the requisite training by the respective administrative Ministries/Departments on the lines indicated in the MOF O.M. No. 1/1/2008-IC dated 24.12.2008.
2. This issues with the concurrence of Ministry of Finance (Department of Expenditure).
The Hindi version of this O.M. will follow.
sd/-
(P. Prahhakaran)
Director(Estt.)
(P. Prahhakaran)
Director(Estt.)
NPS fees to be charged based on quantum of Contribution
Because
of this low rate fixed by the Pension regulation authority (PFRDA), the
banks which mainly act as point of presence are reluctant in the
transactions relating to NPS. As a result number of New Pension Scheme subscribers from the private sector is very meager now.
In order to make Point of presence to actively participate in the New Pension Scheme Transactions
and thereby increase the number of Private NPS subscribers, PFRDA has
decided to allow Point of Presence to charge fees based on the quantum
of contribution /investments made the subscribers. The following Note
issued by PFRDA in this regard would give more details.
These changes in the fees will be applicable only for private (Non-Government) sector NPS subscribers.
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
16TH January’ 2012
PRESS RELEASE
Initiating the implementation of the recommendations of the Bajpai Committee to Review
Implementation
of National Pension System (NPS) in the Private (Non-Government)
Sector, Pension Fund Regulatory and Development Authority (PFRDA) has announced
changes in the charge structure for the Points of Presence (POP) for
Private Sector subscribers under National Pension System (NPS).
At
present, the Points of Presence charge a flat rate of Rs. 20 for the
initial subscriber registration and Rs. 20 per transaction for any
contribution upload. The Bajpai Committee had observed that a flat rate
structure amounts to the poor subsidizing the rich, and a more equitable
structure would be charging of fees as an ad-valorem basis.
Based on these recommendations and the comments received from various stakeholders, PFRDA has now announced the following charge structure with immediate effect:
1.
An Initial subscriber registration charge of Rs.100/- and an ad valorem
transaction charge of 0.25% of the initial contribution amount from
subscriber subject to a minimum of Rs.20 and a maximum of Rs. 25,000/-.
2.
Any subsequent transaction involving contribution upload – 0.25% of
the amount subscribed by the NPS subscriber, subject to minimum of
Rs.20/- and a maximum of Rs. 25000/-.
3. Any other transaction not involving a contribution from subscriber – Rs 20/-
The
above structure is applicable to both individuals and corporates in the
Private (Non-Government) Sector, and is expected to sufficiently
incentivise the PoPs to actively participate in the opening of NPS
accounts and also provide improved services to account holders. The PoPs
have the option to negotiate on the above charges with the subscribers,
but within the prescribed charge structure.
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