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Saturday, 30 July 2016

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30/07
Com. M Govinda Rajan (Popularly known as MGR), Circle Secretary of our Chennai Telephone Circle had some chest paid yesterday, 29-7-2016. He was immediately taken to the hospital. After investigation the hospital adivsed immediate angioplasty. It was done and Com. M G R is in the hospital now.
We wish him very speedy recovery from the problem.

29/07
On 20-7-2016, when our GS and Treasurer met the Director (HR) of BSNL they requested her to endorse the DoP&PW and DoT orders on de-linking condition of 33 years of service for entitlement of Full Pension. She assured immediate action.
Today, on 29-7-2016, the BSNL Corporate Office has endorsed all the orders on the subject vide BSNL No. 40-22/2011-Pen(B) dated 29-7-2016 to all Heads of Circles. 
29/07
The AICPI for June 2016 is declared today. It is 277 points. 
As all know, the Pension will be revised for CDA pensioners with effect from 1-1-2016 under Seventh CPC formula.
It is simple: Existing Basic Pension x 2.57 = The new Basic Pension
CDA:0 % from January 2016. It will increase to 2 % from July 2016.
Under Sixth CPC system the CDA would have increased by 7 percent.
See the impact on a pensioner with Exiting Basic Pension of Rs 10000:
Rs 10000 x 7/100 = Rs 700.00 ........New BP Rs 25700 x 2/100 = Rs 514.00.
A reduction of Rs 186 in the quantum of CDA!
At this rate, the benefit from Seventh CPC will disappear within 4 or 5 years.
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