Tamilnadu TN Sixth Pay Commission to spend 223Cr: Pension, Pay Arrears & Salary Hike Details: Finance Trading Times

Tamilnadu TN Sixth Pay Commission to spend 223Cr: Pension, Pay Arrears & Salary Hike Details

Details about Tamilnadu TN Sixth Pay Commission Salary Pay Hike - One-Man Commission Setup
We've reported news about the Tamilnadu TN Sixth Pay Commission in our previous news articles Tamilnadu TN Sixth Pay Commission August 2008 and Tamilnadu TN Sixth Pay Commission June 2009. However, nothing concrete came out since that long period. But there are few more developments recently. The Tamilnadu TN State Government has finally appointed a One man committee or one man commission for fixing the anamolies in the Sixth Pay Commission Salary Pay hike calculations. So this is another step in that direction, which might help the TN state employees to get a clarity about how much salary and pay hike can be expected. Sixth Pay Commission

Tamilnadu TN Sixth Pay Commission Salary Pay Hike

Who was heading the One Man Committee for fixing anamolies of the Sixth Pay Commission implementations?
The current industries secretary, Mr. Rajeev Ranjan, was heading the one man commission for Sixth Pay Commission implementations in Tamilnadu TN. He had submitted his report sometimes in April and the good news is that now the TN government has accepted all the recommendations suggested by the report from Mr. Rajeev Ranjan.

General Sixth Pay Commission Salary Hike & Arrears Calculator (Indicative)

Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike (Indicative)

How much extra burden will it cost to the TN state government for salary hike as per the Sixth Pay Commission ?
It is expected that the additional 223 Crore Rs. will have to be spent by the TN state ex-chequer for this salary hike.

How many Tamilnadu employees will benefit from this pay recommendations?
It is estimated that around two lakh employees and teachers from TN will benefit from this recommendation.

Will the TN state employees also get arrears as per the Sixth Pay Commission ?
Yes, The government has already announced the implementation of the same in June 2009 and spent about 23,000 Crore Rs. for more than 12 Lakh state employees as well as more than 5 lakh pensioners.
Then there were more declarations, like the dearness allowance hike of 8% in March 2010, and so on.
Being an election year, the government will leave no stone unturned to keep the people happy.

But overall, it appears to be a good news for the state government employees.
Have Comments or Questions? Please post them as comments using "Post our Comments" link below. Your queries will be responded for free in 24 hrs!

0 Comments: Post your Comments

Wish you all happy and fruitful trading and investing activities with safety! = = = Post a Comment

Copyright Information:
© Finance-Trading-Times.com
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the owners of this portal. The content should NOT to be reproduced on any other website or through other medium, without the author's AND owners' permission. Contact: contactus(AT)finance-trading-times.com

DISCLAIMER: Before using this site, you agree to the Disclaimer. For Any questions or comments, please mail contactus(AT)finance-trading-times.com.

About UsAdvertise with UsCopyRight Policy & Fair Use GuidePrivacy PolicyDisclaimer