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    Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

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    Admin
    Admin

    Posts : 179

    Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Admin on Thu Oct 20, 2011 2:05 am

    A team from the Association today met the concerned Under Secretary in the Ministry to discuss the progress of the revision of IDA scales for Selection Grade Managers. We were assured that the issue would be given due importance. However he informed that certain papers are wanting from FCI and the case can be processed only thereafter. We were also assured by the concerned division of Hqrs that necessary papers would be forwarded by Friday.

    Admin
    Admin

    Posts : 179

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Admin on Thu Jan 26, 2012 8:31 pm

    The Pension Scheme of FCI is presently with the Ministry. Myself and DGM(EP) met Director (FCI) on 13th January. The Internal Finance of Ministry had made certain observations which were discussed and explained to him. He also informed that the response of DPE on the revision of Pay for Selection Grade Manager has been received and the orders would be issued soon. As desired by him, I have also made a comparative analysis of proposals of FCI and CWC and NPS applicable to GoI employees from 2004, which have been forwarded to him last week by DGM(EP).

    As per the DPE Memorandum relating to Pay revision w.e.f. 1.1.2007, all organisations following IDA needs to switch to defined contribution based Superannuation benefits from Defined benefit based schemes. Due to recent decisions, the CDA system is practically now over in FCI, with only those who have been recruited before 1989 and not been promoted after 1989 now remaining in CDA and everybody else shifted to IDA. Hence, any scheme to be formulated now must be compliant with the defined contribution principle. So such scheme must take into consideration the projected inflow under defined contribution and the projected outflow as per scheme proposals. The two must be matched under all circumstances and the outflow can not exceed to inflow. The concept of "unlimited benefits" is no longer in existance now and no scheme can be formulated with such assumptions. Even PSUs who were having such unlimited liability schemes have now been directed to switch to a defined contribution based scheme.

    Following the prescribed pattern of DPE, a new defined contribution based Post-retirement Medical scheme was taken to the FCI BOD in March 2011. It provided for reimbursement of Indoor Treatment upto Rs.10 Lakhs. At that time, the then members of the BoD were also inclined to agree to it. However, it was withdrawn mainly due the objection of Staff Unions who were more inclined for higher OPD benefits.

    Thereafter, the composition of BoD has changed. Several issues has also been brought into consideration including the need to compare with CWC scheme, the need for insurance based scheme, the need to collect actual expenditure details from field offices etc. We were unable to get any feedback from Insurance Companies as no one in FCI could provide us the exact number of employees who are members of the present scheme. Even after all out efforts in this regard for more than nine six months, we have details only in respect of 60% offices, that too in respect of people who had lodged at least one claim during the last ten years. We do not details for balance 40% offices, and there would also be data exclusion errors in respect of such persons who are members but never lodged any claim till date. Under such circumstances, the formulation of revised PRMS scheme is expected to take some more time.

    The Finance Ministry, for the last decade, is insisting on reduction of GoI expenditure on retiral benefits and switching to defined contribution programmes from existing system of defined benefit schemes. The introduction of NPS for new Govt entrants w.e.f. 2004 was the first step. And now GoI is proposing to convert CGHS into insurance based medical facility as extension of same process where the premium payable by GoI would be fixed and in place of existing system where an existing/retired employee can claim any amount (the highest rates under CGHS for special treatments can go upto as much as 21-22 Lakhs), after introduction of insurance, their claims would be restricted to Rs.5 Lakhs. It also needs to be remembered that for new GoI employees after 2004, with be introduction of NPS, the benefits of GPF and Gratuity have been done away with. On the other hand, the proposed pension scheme for FCI employees would be in addition to CPF and Gratuity benefits. So while their retiral benefits would be 10% of Basic/DA Plus post-retirement Medical facilities, in case of IDA employees it would be 30% of Basic/DA including post-retirement medical facilities. Therefore, for GoI employees, a better post-retirement medical facility is also possible as the 16.17% that is provided by the employer for CPF and Gratuity of IDA employees is also available in their case to fund such medical scheme.

    Admin
    Admin

    Posts : 179

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Admin on Fri Jan 27, 2012 12:22 am

    The ACP Scheme has been approved by DPE and the intimation in this regard is also expected to come soon.

    The National Productivity Council was appointed for formulating a scheme for PRP. Internally a committee was also formed under the Chairmanship of CGM(Finance) to interact with them. The NPC has recently submitted a draft report. However, the report suffers from certain shortcomings which needs further deliberation.

    N Choudhury

    Posts : 2

    Criteria to be a selection grade manager

    Post by N Choudhury on Sun Jan 29, 2012 10:52 pm

    Can our larned seniour members kindly enlighten us that what will be the criterias to become proposed selection grade manager from manager? Will it be a promotion or upgradation of pay scale?

    Admin
    Admin

    Posts : 179

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Admin on Tue Jan 31, 2012 10:11 pm

    to be eligible for promotion to the post of Selection Grade Manager a person needs to complete 12 years in the post of Manager.

    N Choudhury

    Posts : 2

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by N Choudhury on Wed Feb 01, 2012 1:32 am

    Thanks a lot sir for your kind reply.

    pgadurai

    Posts : 36

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by pgadurai on Fri Feb 03, 2012 2:17 pm

    The eligibility for selection grade is 12 yeras of service. As per the proposed ACP promotion is for every 10 completed years of service. Whether the ACP is applicable for category I & II officers also?. If so, on implementation of ACP, what would happen to the benefit gained through the selection grade?. May we get clarification from the admin for the above?.

    Admin
    Admin

    Posts : 179

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Admin on Sat Feb 04, 2012 8:30 pm

    The ACP is still in the process of approval. We do not know in what form it would be finally approved.
    So, lets just say we would cross the bridge when we actually reach it.

    Admin
    Admin

    Posts : 179

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Admin on Tue Jul 31, 2012 1:16 am

    The proposed Pension Scheme has been agreed to by the Ministry and would now be sent to DPE for their concurrence. Thereafter it would need further approval of the Dept of Expenditure.

    anil jadhav

    Posts : 7

    New pension Scheme

    Post by anil jadhav on Tue Aug 07, 2012 3:45 pm

    pl. inform whether new pension is applicable to CDA also,and what will be calculation for drawing the pension at the time of retirement.
    Anil jadhav

    Admin
    Admin

    Posts : 179

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Admin on Thu Aug 09, 2012 2:19 am

    The scheme would be applicable to all FCI employees who were serving as on 1.1.2007 or are recruited thereafter, irrespective of the pay scale type. It would not be applicable to food transferees who have opted for GoI pension under clause 12A of FC Act.
    It is a defined contribution scheme where the contribution is defined, not the final benefit. The amount of pension would depend on the funds accumulated till retirement which would be converted to an annuity at the interest rates applicable on the date of retirement. For persons who have retired between 1.1.2007 and date of actual implementation, the relevant amount (10% of Basic & DA of corresponding period) would be directly transferred to the annuity provider.

    skchhabra

    Posts : 6

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by skchhabra on Tue Feb 26, 2013 7:39 pm

    latest position is not clear

    Tripathi

    Posts : 7

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Tripathi on Wed Feb 27, 2013 8:28 pm

    Admin wrote:A team from the Association today met the concerned Under Secretary in the Ministry to discuss the progress of the revision of IDA scales for Selection Grade Managers. We were assured that the issue would be given due importance. However he informed that certain papers are wanting from FCI and the case can be processed only thereafter. We were also assured by the concerned division of Hqrs that necessary papers would be forwarded by Friday.

    it was for pay upgradation or for the benefits of oldies only

    skchhabra

    Posts : 6

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by skchhabra on Wed Feb 27, 2013 11:22 pm

    latest position regarding pension and medical is not clear

    Admin
    Admin

    Posts : 179

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Admin on Mon Mar 11, 2013 2:03 pm

    Pension was rejected by the Finance Ministry - on grounds of affordability.

    anil jadhav

    Posts : 7

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by anil jadhav on Mon Mar 11, 2013 5:02 pm

    But on 30/07/2012,reply was that Ministry has approved the pension scheme.Hence it is not understood which Ministry rejected the pension scheme. anil Jadhav

    Admin
    Admin

    Posts : 179

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by Admin on Thu Mar 14, 2013 5:05 pm

    Scheme was approved by the Food Ministry
    It was rejected by the Finance Ministry.

    pgadurai

    Posts : 36

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by pgadurai on Sun Jul 24, 2016 5:59 pm

    Is there still selection grade scheme exists for Managers after the introduction of the SIAS for category III & IV?. There are few numbers of Managers in Engineering cadres who have not been placed under selection grade in south zone. Whether suitable instrution will be issued from H.QRs soon on this?.

    pgadurai

    Posts : 36

    Re: Pay revision of Selection Grade Managers, Pension Scheme and Post-retirement Medical Scheme

    Post by pgadurai on Sun Jul 24, 2016 6:04 pm

    The 7Th pay commission is on implementation. The association need to prepare for the Memorandum of pay revision due on 01.01.2017. May I request the concerned?.

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