Wednesday, February 6, 2013
Call to increase Retirement age of Bank Employees to 65
The retirement age for bank employees should be increased to 65 for better utilisation of the services of seniors, said INTUC national president G. Sanjeeva Reddy.
Many officers were joining private financial institutions after their superannuation and extending quality services. The Public Sector Units were unable to make use of their services fully as they were retiring by 60, he opined.
Speaking after inaugurating the Eighth Biennial Conference of Union Bank Officers’ Congress of Andhra Pradesh here on Sunday, Mr. Reddy said the INTUC was opposed to the disinvestment plans and selling of shares to private companies from PSUs. He promised bankers of a discussion on their problems with the Centre.
Vijayawada MP Lagadapati Rajagopal, who attended the conference, said banks would collapse if NPAs increased, and underlined the need for prompt payment of loans borrowed by bigwigs.
8% HIKE IN DA FOR CENTRAL GOVT STAFF
In a major development, the Union Cabinet on Friday approved 8% hike in the Dearness Allowance (DA) for central government employees and pensioners. This decision is likely to bring some relief to nearly 50 lakh central government employees trying to cope up with spiraling inflation and price hike.
SanchayPost - Negative List 31122012
The file 'NL_20121231.exe' should be copied to DBAnalyzer folder and executed after completion of day's transactions.
This will update the negative list upto 31/12/2012 in Sanchay Post. (Corrections received upto 31/01/2013)
In addition to Negative List, updations relating to PINCODE details are also done in the database. Hence, execution of this patch will take longer than the usual updation time.
System Administrators should ensure that the server is not switched off till successful execution of the patch. To confirm updation, use 'DBAnalyzer >> Database Discrepancies >> NSC >> Details of negative list updation' option.
Thursday, January 31, 2013
Some Useful Calculators/ Tables for PO Staff
Some Very Useful Calculators/Tables/Excel Files can be downloaded from the below links.
Postal Rates : DOWNLOAD
RPLI Calculator : DOWNLOAD
PLI Calculator : DOWNLOAD
Revised SpeedPost Table w.e.f. 01.10.2012
DOWNLOAD (EXCEL)
DOWNLOAD (PDF)
(Suggestions to the same may be intimated to the email address dhamotharan@outlook.com )
Tuesday, January 29, 2013
Revision of pension of pre-2006 pensioners - reg. (Revised concordance table)
To view Ministry of Personnel, PG & Pensions, Department of Pension & Pensioners' Welfare OM No.38/37/08-P&PW(A) dated 28th January, 2013 please CLICK HERE.
Sunday, January 27, 2013
Revised list of Know your customer (KYC) documents required for both entry and exit under National Pension System (NPS)
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
PFRDA/2O13/1/PDEX/25
Date: 11/01/2013
To,
All POPs/Aggregators/CRA/Others
Sub: Revised list of Know your customer (KYC) documents required for both entry and exit under National Pension System (NPS)
Attention of all stakeholders is invited to the illustrative list of documents acceptable as proof of identity and address in terms of the KYC requirements and as provided In the offer document of National Pension System. Basing on the revised guidelines on obligations under PMLA, 2002 as amended by Prevention of Money Laundering (Amendment) Act, 2009 and in order to bring In uniformity and alìgn the KYC documents required for opening of accounts under NPS with those required by other financial sector institutions, it has been decided to replace the existing KYC document list with a new set of documents as provided in Annexure I for both entry and exit under National Pension System (NPS).
Annexure I referred above is being attached herewith for information and use of all. The new KYC norms as per this circular will come Into effect from 10/02/2013. The above guidelines will be applicable for all variants of National Pension System. The circular has also been placed on PFRDA website at http://www.pfrda.org.in
Yours Falthfuly
sd/- Venkateswarlu Peri
General Manager
Source: www.pfrda.org.in
[http://pfrda.org.in/writereaddata/linkimages/Revised%20list%20of%20KYC%20docs%20for%20NPS2930259910.pdf]
Central employees will strike on 20 and 21st Feb'13
Confederation of Central Govt. employees planned a two days' strike for different demands. Some of the demands as mentioned in Part I of the charter consists of socio economic issues like price rise, unemployment, privatization, disinvestment etc. In the second part they demanded their own expectations like 7th pay commission, 50% D.A. merger etc.
All most every major trade unions supported this two days' strike on 20th and 21st February 2012.
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