Employees Corner • Galaxy World

GP Fund Interest Rates for the Year 2011-12 Announced

The General Provident Fund Interest Rates for the financial year 2011-12 has been announced by the Finance Division Regulation Wing vide No. F.2 (1)-Reg.7/2010-302 dated 31^st July 2012. The rates on deposits and balances at the credit of the subscribers for the financial year 2010-2011 were 14.20 % per annum. It has now been decided that the rates of profit applicable to the subscribers and the balances in the various Provident Fund during the financial year beginning on the 1^st July 2011 shall be 13.70 % per annum. The Concerned Funds are as under:

Galaxy World October 5, 2012

Employees Corner Pay and Allowances

Unified Pay Scales, Housing Monetization & Conveyance Packages for Employees

According to the Daily Times dated 04-10-2012 page number 7 a great package of Pay and Allowances is to soon finalized and announced soon by the Federal Govt. The case of finalizing the pay and allowances packages for the Federal Govt Employees is under process in the Ministry of Finance. This package will be presented before the Prime Minister on Friday dated 05-10-2012 for initial approval. Unified Pay Scales, Monetization of Housing Facility and Monetization of Conveyance are included in this package. The salient features of these packages are as under:

Galaxy World October 5, 2012

Employees Corner Rulings

Recording of the Date of Birth of Govt Employee

Some times there is confusion at the time of recording of Date of Birth of an employee when there is no clear date of birth of the employee. Some time only year is known not the exact date of birth. This is really a great confusion matter especially at the time of retirement of the employee. Just think if the date of birth of an employee written in service book is 1970, then at what date the employee should retire? There are rules for the Govt in this matter. These rules for recording Date of Birth of an Employee are as under:

Galaxy World September 29, 2012

Employees Corner Notifications Provincial Govt Employees

Notification of Promotion of SSTs

The Govt of Punjab has promoted 183 male and 170 female SSTs from BPS-16 to BPS-17 as Headmasters/Deputy Headmasters with immediate effect vide Notification No. SO(S-VI) 6-12/2012 dated 27^th September 2012. This is the result of the approval of the promotion committee whose meeting was held 8^th, 9^th and 10^th August 2012.

Galaxy World September 29, 2012

Employees Corner Packages for Employees

Assistant & Welfare Packages for FG Employees

A brief description of all the welfare grants to the federal Govt employees is as given below: These packages include Marriage Grant, Stipend Award to the Children of F.G Employees, Farewell Grant, Exemption from Funds of FGEIs and Employees of Ministry of Defence:

Galaxy World September 21, 2012

Employees Corner Rulings

Age Limit Relaxation Rules

Age Relaxation Rules for the Initial appointment to Civil Posts has been mentioned here with detail. These rules are according to the 1993 relaxation of Upper Age Limit Rules Vide Islamabad, the 4^th November, 1993. S.R.O. 1079(I)/93. These Rules will not be applicable for the appointment to the posts in BPS-17 to be filled through C.S.S. Competitive Examination. In pursuance of rule 12 of the Civil Servants (Appointment, Promotion and Transfer) Rules, 1973, the President is pleased to make the following rules, namely:-

Galaxy World September 21, 2012

Court Cases Employees Corner

Up-gradation of Assistant & Assistant Incharge

The case of up-gradation of Assistants is still under process in the honourable Islamabad High Court. The honourable Islamabad High Court has already given its decision for the upgradation of the post of Assistant from BPS-14 to BPS-16 and in the same way Assistant Incharge from BPS-15 to BPS- 16 on April 2011 but the case was lingered on by the Finance Div Pakistan. The case was fired by Mr. Abdul Ghafoor Javed. The situation was created same by the

Galaxy World September 19, 2012