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Hike rate of return on GPF, panel advises govt

PARLIAMENTARY PANEL RECOMMENDS HIKE IN THE RATE OF GPF

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Hike rate of return on GPF, panel advises govt

Press Trust of India / New Delhi August 02, 2011, 19:32 IST

Dear Comrades! you are aware that the Confederation has been demanding for the enhancement of the interest rate on the GPF of Central Government Employees and this had been one of the demands of the CG Employees Charter. Now according to the PTI, a Parliamentary Panel headed by the former Finance Minister Sri. Yashwant Sinha has recommened hike to the GPF interest rates. We are reproducing the news item [courtsy: Central Government Employees News]: A Parliamentary panel today asked the Central government to increase the rate of return on provident fund for its employees in the light of rising bank rates and EPFO's decision to hike its rate to 9.5% for 2010-11. "The rate of interest on General Provident Fund (GPF) which is pegged at 8% may be reviewed so that government employees are not put to any disadvantage more so now when the interest rates for bank deposits has also been raised," the Standing Committee on Finance suggested in its report. If the suggests of the panel finds favour from the government, over 50 lakh Centre's employees will stand to benifit. The panel headed by former Finance Minister Yashwant Sinha, pointed out that retirement fund body Employees Provident Fund Organiation has also increased rate of interest on PF deposits to 9.5% for 2010-11 from 8%. The EPFO had been paying 8.5% interest on PF deposits since 2005-06. In September last year, it had recommended an increase in interest rate to 9.5% for 2010-11 after discovering Rs 1,731 crore surplus in their books of accounts. In the present scenario, the bank rates are also increasing. Reserve Bank of India has increased its short term lending and borrowing rates by half a percentage point to 8 and 7%, respectively in its recent quarterly review unveiled on July 26. Following the central bank's rate hike, some private and public sector have also hiked their rates.

Photos of Ambala Conference

Confederation Meeting at Chennai

Dear Comrades,

National Secretariat  meeting and its decisions.

            The meeting of the National Secretariat of Confederation was held at Chennai on 30^th July, 2011. Comrade S.K.Vyas President was in Chair. The following decisions were taken.

1.     The campaign for popularising the charter of demands adopted at the National Council meeting held at Mumbai on 1^st December, 2010 could not be undertaken in an effective manner as the major affiliate NFPE had to be busy with the preparation of the indefinite strike action.

2.     The meeting decided that prior to any action programme; an intensive campaign is a pre requisite.  Accordingly the following programmes were chalked out.

(a)  Every affiliate will circulate the charter of demands along with the explanatory note amongst the employees. Meetings will be organised in front of all offices to explain the demands to the members.  Report of such meetings will be sent to the Confederation CHQ directly. These meetings are to be organised between 5^th and 10^th September, 2011.

(b) Between 10^th and 20^th September, 2011 the State Committees of the Confederation will ensure that district level conventions are held and one of the State Committee member deployed to attend such convention in each district. The Sate Committees will send the report of these conventions to the CHQ.

(c)  On 28^th September, 2011 a massive Dharna programme will be organised in all State Capitals, district and divisional offices.  At the State Capitals, a minimum number of 100 comrades will sit in Dharna.  Lunch recess demonstrations will also be organised on the same date at the Dharna venue. One of the National Secretariat Members will attend the Dharna programme in each State Capital.

(d) All affiliates will organise a department level convention eliciting participation of the State level Executive on a date convenient to them but before 10^th October, 2011.  One of the National Secretariat members will make it convenient to attend such conventions.

(e)  Rally and demonstration will be held in front of the office of the Chairman, Welfare Co-ordination Committee or any other central located place jointly by all the CGEs in all state capitals on 20^th October, 2011.

(f)   Immediate steps will be taken by all affiliate to circulate the petition to the Prime Minister on PFRDA bill.  Copy of the petition will be handed over to each member to obtain his signature as also his family members and friends. The State Committee will hold a review meeting on 10^th October, 2011 to monitor the progress and take necessary steps to expedite the campaign.

(g)  The National Secretariat will meet at Bangalore on 22^nd October, 2011 to review the implementation of the programme of action including the signature campaign and take necessary action to remove deficiencies if any noticed.

(h) The Confederation will mobilise 10000 employees to participate in the ensuing march to Parliament (date will be finalised by the Steering Committee by end of August, 2011).

(i)    To organise a day's strike jointly by all the organisations which participated in the 22^nd July convention.  The date for the strike will be finalised by the steering committee.

The declaration adopted at the convention, the draft letter to the Prime Minister demanding withdrawal of the PFRDA Bill, campaign leaflet on PFRDA Bill are sent herewith. (Copies of the same are also placed on our website). 

Points taken up in Confederation meeting at Chennai by Com P.S.Prasad.

1)     Providing Transport Allowance for field staff.

2)      CGHS Ward entitlement as per grade pay instead of basic pay, minimum of semi private ward for all employees.

3)     CGHS hospital rates to be increased

4)     Pension cases, Allotment of GPF Numbers to earlier Group ‘D’ , verification of Service books pending in PAO offices due to shortage of staff, more staff to be posted at PAO offices.

5)      Rectification of parity with CSS cadre in pay scales of Stenographer, UDC, Assistant & Drivers etc.

6)       CPWD quarters allotment as per old basic pay.

National Women Committee of Confederation met at Chennai.

            The Women committee constituted by the National Women Convention held at Kolkata met at Chennai on 30^th July, 2011.  The Committee took the following decision. The meeting was presided over by the Chairperson, Com. Geeta Ghoshal and the proceedings were initiated for discussion by Com. C.P. Shobhana, Convenor.

1.     To organise the International women's day on 8^th March, 2012 at all State Capitals by organising a seminar on the subject "impact of the neo-liberal economic policies on women and women workers in particular"

2.     To organise a State level Convention of women employees of the Central Government during September/October, 2011.  The State Committees of the Confederation will take necessary steps to hold the convention.

3.     To hold a demonstration in a prominent Central Government office by women workers in all State Capitals against the unabated price rise of essential commodities.  The date will be finalised and intimated later. Steps will be taken to have massive participation of all women employees of Central Government in this programme by the State Committees.

PFRDA

DRAFT PETITION FOR MASS SIGNATURE CAMPAIGN.

To

The Prime Minister of India,

New Delhi

Sub: Request for Scrapping of PFRDA Bill

Sir,

We submit this petition to bring to your kind notice certain aspects of the re-introduced PFRDA Bill which will have an extremely adverse impact on the pension and retirement benefits of the Government employees. We may also state in this connection that the contributory pension scheme will be a drain on the exchequer.

The guiding principle adopted in determining the pay package of civil servants is to spread out the wage compensation over a long period of time because of which the wages during the work tenure is low to enable pension payment on retirement. This makes the pension a ”deferred wage”, which the Supreme Court has upheld as such in their landmark judgment in the case of D.S. Nakara Vs. Union of India. As the bill does not provide implicit or explicit assurance of a minimum pension except marked based guarantee, the civil servant even after contributing huge sums to pension fund may end up with no annuity if the invested company become bankrupt or the equity market crashes. Moreover the annuity which would be the pension under the new scheme being not cost indexed will make it difficult for the pensions to make the both ends meet.

The Committee set up by the 6^th CPC has concluded that the new contributory pension scheme will increase the outflow from the exchequer from Rs. 14,284 Crores to Rs. 57088 Crores by 2038. The Committee has also observed that the pension liability of the Government which was 0.5% of the GDP in 2004-05 under the defined benefit scheme is likely to decline if the same is not replaced by the contributory pension scheme as envisaged in the PFRDA bill. The Committee has ultimately recommended that the existing “Pay as you go” pension which is presently in vogue will be ideal and may be continued.

Since the new scheme is neither in the interest of the country as it increases the outflow on account of pension liability nor to the Civil Servants for it does not guarantee a minimum pension, we appeal to you kindly cause withdrawal of the PFRDA Bill from the Parliament immediately.

Thanking you,

Yours faithfully,

Letter

To

All General Secretaries/Chairman’s

AICGWBEA

Comrades,

                    I thank you all for electing the new CEC unanimously and I  thank you for electing me as Organizing Secretary, I would assure you all that I will try my level best to ensure most of your problems are solved,  Comrades I have been as Association leader in various posts from past 22 yrs.  I know your problems and I want your kind co-operation from your side to solve the problems. With Co-operation from senior leaders like Com. N.Somaiahji and others leaders we will solve your problems.

There are three types of issues/problems of employees

a)     The issues, which should be taken up in National Council, I assure as a dual role in as Organizing Secretary of AICGWBEA and General Secretary of COC Karnataka I will take up this issues also as I am in close liaison with Confederation leaders.

b)     The Issues which is pertaining to Department will be taken up in either Departmental Council or Office Council by the Secretary General.

c)     The other local issues should be taken up by BEC in the Regional Council 

      which is set up in each Regional Office, If any assistance is required , I

       will help you to form the Regional Council or issues pertaining to

       Regional Councils

           Comrades, The new CEC is trying to bridge the gap between the BEC leadership and CEC leadership, We have established a new web site http://aicgwbea.blogspot.com/ so that the information reaches you at faster rate and the messages are sent to your mobile number, We have observed that through a software that which BEC is watching the web site at what time and date, Generally I have found that almost all BEC’s are watching AICGWBEA web site , This is a good sign,  if any BEC has not started watching webs site please do at the earliest. The materials which are in the webs site are quite educative and enriches your knowledge so that you can talk to your H.O.O in better way. For example special casual leave can be availed up to 40 days.   So please read the Govt. orders which is published on web site.             

    The CEC has also opened an email account so that we can directly correspond with us on the email account is aicgwbea@gamil.com, Please try to send it in English. As many computers cannot recognize other languages,  We cannot read nor understand the text of your letter. by sending emails you can save money on letters posting and it saves time.

 The BEC especially the General Secretary and Chairman has also got its following duties &  responsibility’s, The Association work is God’s work please always bear it in mind, You have been elected with lot of hopes from your supporters, I wish you that  their aspirations are fulfilled.   

a)      To respond to employees problems.

b)      To  communicate with CEC and local COC

c)      Attend local COC meetings to gain more knowledge.

d)      To conduct General Body meetings at least once in three months.

e)      Have constant touch with employees and visit sites frequently

f)       Educate the employees either through web site or take print out and circulate the important circulars.

g)      Follow CEC instructions time to time

     I am trying to serve you at my level best, I have sent an SMS that what is the status of Regional Councils in your place, I have got reply from only a few BEC’s , I Kindly request you to send the details of RC meetings held so far such as number of RC meetings held and last RC meeting date. Your co-operation is also vital for the new CEC, Please respond to the directives of the CEC.  The matter should not be once sided. You can also contact Com Vishal Mudgal our young Assistant Organizing Secretary.

    Please be free to email to me or talk to me, I am always with you, Let us build the AICGWBEA with your support, looking forward for more co-operation from your side.

                                                                                                Comradely yours

                                                                                                                                                                                                        

                                       (P.S.Prasad)

                                                                                                                  Organizing Secretary 

Note:

Web site: http://aicgwbea.blogspot.com/

Email; aicgwbea@gamil.com

Mobile Number: 09480066620

                                                                                                              

     

  

CENTRAL GOVERNMENT HOLIDAY HOMES AND TOURING OFFICERS HOSTEL

Please click here for website

Departmental Exams of CGWB

The departmental exams for the post of UDC  is scheduled on 27/28 of  Sept 2011 and and Assistant  is scheduled on  29/30 of  Sept 2011.

Joint convention on PFRDA

A Joint convention of unions consisting Confederation of Central Government Employees and Workers, All India State Government Employees Federation, All India Defence Employees Federation, BSNL Employees Union, School Teachers Federation of India, All India Federation of University and College Teachers Organizations and Organizations of Railways Workers was held at MPCU Shah Auditorium, Shri Delhi Gujarati Samaj., Raj Niwas Marg, Civil Lines, New Delhi on 22.07.2011. The convention was presided over by a joint presidium of Coms. S.K. Vyas(Confederation)R.G. Karnik (AISGEF), P.R.Memon (Railways), V.A.N. Namboodri (BSNL) Ashok Kumar Burman(AIFUCTO) and Sardar Singh (Defence). In the beginning Com. Sukomal Sen (AISGEF) put written detailed draft declaration to be adopted at National Convention and elaborately discussed all the issues which will adversely affect the interests of workers and employees after enactment of the PFRDA Bill by the parliament. If once authority is formed it will also interfere in the existing pension scheme. com. Basudev Acharya M.P., CPI(M)  Parliamentary Party leader in Lok Sabha elaborated discussed about PFRDA Bill and told as to how the Left MPs resisted and prevented the move of UPA-I Government  who wanted to introduce this Bill.But after withdrawal of support from the Government on nuclear bill issue , the Government accelerated the speed of neoliberal economic policies. After coming back in power the congress lead UPA-2 Government has introduced the PFRDA Bill again in Lok Sabha with the help of main opposition party B.J.P. When a Vote of division was demanded by us. Com. Tapan Sen General Secretary CITU stated the new pension scheme is totally Fraud as the assurance given by the Government will never be fulfilled.Other main speakers on the subject were Coms. Ashok Kumar Burman S/G, AIFUCTO, Shiv Gopal Mishra S/G AIRF, Muthusundram G/S AISGEF, D. Biswas (BEA), Shyam Sunder (Pensioners Federation), Sardar Singh (AIDEF), P.Abhimanyu(BSNL), Elangobin (DREU), Rajenderan (School Teachers Association),Com. M.K.Pandhe , Senior Veteran Leader CITU, Com Krishnan  also expressed his views on PFRDA Bill and appealed to all to launch extensive campaign to mobilize  and unite the entire working class to oppose and defeat the bill Com S.L.Sagu vice President , Com Vishal Mudgal Assistant Organsing Secretary and others attended on behalf of AICGWBEA.