BUSINESS

All you want to know about the 7th Pay panel report

By BS Bureau
November 20, 2015

Emphasis is placed on simplifying the process of claiming allowances

In a big bonanza to central employees and pensioners, the Seventh Pay Commission on Thursday recommended a 23.55 per cent increase in salary, allowances and pension along with a virtual one-rank-one-pension for civilians, involving an additional outgo of Rs 1.02 lakh crore (Rs 1.02 trillion) a year.

Here go the details:

GENERAL RECOMMENDATIONS

FINANCIAL IMPLICATIONS

DEFENCE

ALLOWANCES

INSURANCE SCHEMES AND MEDICAL FACILITIES

PENSION, COMPENSATION AND GRATUITY

Illustration: Uttam Ghosh/Rediff.com

BS Bureau in New Delhi
Source:

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