Thursday, September 26, 2013

ANNOUNCEMENT OF 7TH PAY COMMISSION -- COMPUTE YOUR SALARY ON 1-1-2016



SIXTH CPC PAY STRUCTURE
PROJECTED PAY STRUCTURE FOR NEXT (VII) PAY COMMISSION
Name of Pay Band/ Scale
Corresponding Pay Bands
Corresponding Grade Pay
Entry Grade +band pay
Projected entry level pay using uniform multiplying factor` 3’
Band Pay
Grade Pay
Entry Pay
PB-1
5200-20200
1800
7000
15600-60600
5400
21000
PB-1
5200-20200
1900
7730
15600-60600
5700
23190
PB-1
5200-20200
2000
8460
15600-60600
6000
25380
PB-1
5200-20200
2400
9910
15600-60600
7200
29730
PB-1
5200-20200
2800
11360
15600-60600
8400
34080
PB-2
9300-34800
4200
13500
29900-104400
12600
40500
PB-2
9300-34800
4600
17140
29900-104400
13800
51420
PB-2
9300-34800
4800
18150
29900-104400
14400
54450
PB-3
15600-39100
5400
21000
29900-104400
16200
63000
PB-3
15600-39100
6600
25530
46800-117300
19800
76590
PB-3
15600-39100
7600
29500
46800-117300
22800
88500
PB-4
37400-67000
8700
46100
112200-20100
26100
138300
PB-4
37400-67000
8900
49100
112200-20100
26700
147300
PB-4
37400-67000
10000
53000
112200-20100
30000
159000
HAG
67000- (ann increment @ 3%) -79000
Nil
201000
HAG+ Scale
75500- (ann increment @ 3%) -80000
Nil
226500
Apex Scale
80000 (Fixed)
Nil
240000
Cab. Sec.
90000 (Fixed)
Nil
270000

 I don't feel the pay commission projection is so great. Any how the present DA 90% w.e.f. 1-7-2013.  i.e  we are in around 1.9 times of the salary now. And in another 2 years. i.e. upto 31-12-2015, we will get another 40 % DA approximately in all the four spells. Then by 1-1-2016, our basic will be 2.3 times of the existing ( 90+40=130 on the basic). So guys there no exaggeration or fun in telling 3 times, from 2.3 time to 3.0 times the pay.In other words. 30% hike on the basic of 2.3 (times) as on 1-1-2016. i.e. increase of 30% on 2.3 will come to 2.99 say 3.0.

So guys to calculate your projected and not so exaggerated salary could be calculated as below.  
Take your today's Basic+GP. This should be multiplied by 2.37 to get the projected basic without any increase in 7th CPC ( This figure is arrived by assuming the DA increase upto 31-12-2015 would be 125% and considering two annual increments and without any promotion or change of grade pay any other increments )



Basing on the earlier CPCs experiences there should be at least 25 to 30% increase in the basic. If we take it 25%, then  with 2.98 and then add on HRA and other allowances but DA at zero. This factor comes to 2.98

 

SO FRIENDS, IN SHORT TO GET YOUR PROJECTED SALARY W.E.F 1-1-2016 SIMPLY MULTIPLY YOUR TODAY'S BASIC+GP WITH 2.98 TO GET YOUR NEW BASIC+GP AND THEN ADD ON ALL OTHER ALLOWANCES AS WE DO NOW BUT TAKING DA AT ZERO.



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