7th CPC - Revised Rate of levying of ‘Superannuation Charges' for inclusion in the ‘Production Accounts' of ‘Ordnance and Ordnance Equipment Factories’

7th CPC - Rate of levying of ‘Superannuation Charges' for inclusion in the ‘Production Accounts' of ‘Ordnance and Ordnance Equipment Factories’

GOVERNMENT OF INDIA
MINISTRY OF DEFENCE
OFFICE OF THE PRINCIPAL CONTROLLER OF ACCOUNTS (FYS)
PR. SECTION 
10-A, S.K. BOSE ROAD, KOLKATA 700001

NO. PR/lX/833/XXV
Dated: 18.06.2018

The Officer - in - charge,
All Branch Accounts Office (Fys),

Sub:- Rate of levying of ‘Superannuation Charges' for inclusion in the ‘Production Accounts' of ‘Ordnance and Ordnance Equipment Factories’.
7th-cpc-revised-rate-of-levying-of-superannuation-charges

Consequent upon implementation of the ‘7th CPC', it has been decided to levy the following new rates of ‘Superannuation Charges' on Cost of Production which is to be included in the ‘Production Account‘:-

A. For ‘Officers' & ‘Staffs’ of ‘Ordnance & Ordnance Equipment Factories‘ and ‘C of A (Fys) Organizations’ who do not fall under the ambit of “New Pension Scheme” introduced w.e.f. 01.01.2004.
SL NO. CATEGORY INTERIM RATES PER EMPLOYEE PER MONTH (7th CPC)
1. Group "A" Officers Rs. 28444/- Fixed as Pay Matrix Level - 17
Rs. 27367/- Fixed as Pay Matrix Level - 16
Rs. 26114/- Fixed as Pay Matrix Level - 15
Rs. 23772/- Fixed as Pay Matrix Level - 14
Rs. 22183/- Fixed as Pay Matrix Level - 13
Rs. 19804/- Fixed as Pay Matrix Level - 12
Rs. 19186/- Fixed as Pay Matrix Level - 11
Rs. 16903/- Fixed as Pay Matrix Level - 10
2.  Group “B" Officers Rs. 16115/- for Pay Matrix Level - 9
Rs. 14495/- for Pay Matrix Level - 8
Rs. 13664/- for Pay Matrix Level - 7
Rs. 10782/- for Pay Matrix Level - 6
3. Group "C" Officers Rs. 13467/- for Pay Matrix Level - 5
Rs. 11832/- for Pay Matrix Level - 4
Rs. 10082/- for Pay Matrix Level - 3
Rs. 9221/- for Pay Matrix Level - 2
Rs. 8302/- for Pay Matrix Level - 1
4.
IE's
Same as Group - 'B' & 'C' as above

B. For ’Officers’ & ‘Staffs’ of ‘Ordnance & Ordnance Equipment Factories’ and ’C of A (Fys) Organizations’ falling under the ambit of ”New Defined Contribution Pension" Scheme introduced w.e.f. 01.01.2004.
CATEGORY INTERIM RATES PER MONTH (7th CPC)
Group ”A” Officers of Ordnance & Ordnance Equipment Factories, ’IDAS Officers’, Group ”B" Officers & Staffs and LB of Ordnance & Ordnance Equipment Factories and ’C of A (Fys) Organization’ falling under the ambit of "New Defined Contribution Pension" Scheme introduced w.e.f. 01.01.2004. An amount equivalent of Govt. contribution i.e. 10%of the Basic Pay + Dearness Allowance + NPA.

This issue has the approval of Member/Finance vide Finance Division/OFB ID. No. Misc./85/ Superannuation/ FM-V dated 11-06-2018.

Sd/-
(PRAVEEN RANJAN)
Deputy Controller of Accounts (Fys)

Source: Click here to view/download the PDF
[http://pcafys.nic.in/files/PR19618.pdf]
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