7th Pay Commission: No deduction for group insurance scheme; govt employees to get full arrears
Contrary to what was widely speculated in the media, the central government employees need not worry about getting their arrears as per the recommendation of the 7th Pay Commission.
Trending Photos
Zee Media Bureau
New Delhi: Contrary to what was widely speculated in the media, the central government employees need not worry about getting their arrears as per the recommendation of the 7th Pay Commission.
There were a lot of assumptions on the disbursement of arrears to government employees. Reports had earlier stated that 10 percent of arrears will be deducted and be deposited in NPS, hinting thereby that employees will get 10 percent less arrears than has been calculated.
However, while the Cabinet on Wednesday approved the Commission's recommendation of enhancing ceiling of house building loan from Rs 7.5 lakh to Rs 25 lakh, the suggestion of deducting Rs 1,500-5,000 per month towards group insurance was not accepted.
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.
Live Tv