An Option Certificate on Pay Fixation is a great tool for employees who are being promoted. An option certificate can be adopted if an employee is promoted after 1st June. As you all know that the condition for the annual increment is a minimum of 6 months of service in a particular scale, and if an employee is promoted after 1st June, the 6 months of service are not completed by the same employee. Then what will happen to the employee if he is promoted after 1st June? Will he not get the benefit of the Annual Increment? This will be a loss for that employee. But don’t worry; this loss can be avoided by using the great tool of the Option Certificate for Pay Fixation.
Notifications
How to Calculate Encashment of Leave Preparatory to Retirement?
When an employee is retired from Govt service on the basis of Encashment, the encashment of leave is due for the said employee. This encashment is granted to the employee on the leaves in his/her credit not exceeding to 365 days according to new rules of encashment of 2012. The greater the number of leaves in his/her credit the more encashment he/she will get.
A Step Towards Unified Pay Scales
A Pay Structure Committee has been constituted by the Government and its meeting has already held on Monday 10th September 2012. The main function of this committee is to find the discrimination of pay and allowances among the Govt employees of various departments. The other task of this committee is to merge the Adhoc Allowances into new Basic Pay Scales. The next meeting of this committee is expected soon during the next weeks.
Leave Encashment Revised
Leave Encashment has been revised vide the Finance Division Regulation Wing No. S.R.O 70/(KE)/2012 dated 29th August 2012. According to new rules the employees going on retirement and getting the benefit of Encashment will now avail the benefit of 365 days instead of 180 days.
Congratulations Finally the Revised Notification of Conveyance Allowance BPS-01 to 15 Issued
Finance Division Regulation Wing, Islamabadhas finally issued the revised notification of revised conveyance allowance vide Notification No. F.3 (1)-R.5/2010- dated 5th Sep 2012 for the employees of BPS-01 to BPS-15. New rates of Conveyance Allowance for BPS-01 to 04 are Rs. 1700/- PM, BPS-05 to BPS-10 Rs. 1840/- PM and for BPS-11 to BPS-15 Rs. 2720/- PM. Finance Div Regulation Wing Islamabad re-revised the conveyance allowance keeping in
Notification of Revision of Daily Allowance
The Daily Allowance for the Federal Govt Employees has been revised wef 01-08-2012 vide Finance Division Regulation Wing O.M No.F.8 (1) R-10/2011-318 dated 17th August 2012. It is also noticeable that the rates of Accommodation Charges will be admissible at the rate of 2 times of the daily allowance at that places where no hotel accommodation receipt is not produced.
You Know the History of Adhoc Relief Allowances?
You are really anxious to know about the rates of allowances that were granted in the past to Government Employees. You will surely know what the benefits of the collection of all these allowances are. Surely many of you have been granted backdate up-gradation, backdate promotion, or backdate running pay scales, and much more.