Pay Fixation for Board Level Executives of CPSEs – 3rd Pay Revision Committee (PRC) Recommendations

Pay Fixation for Board Level Executives of CPSEs – 3rd Pay Revision Committee(PRC) Recommendations

No. W-02/0035/2019-DPE (WC)-GL XIX/19
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan,
Block No. 14, CGO Complex,
Lodhi Road, New Delhi-110003.

Dated, the 17th September 2019.

OFFICE MEMORANDUM

Subject : Finalization of Terms & conditions including pay fixation in respect of Board level executives of CPSEs – procedure thereof regarding.

In continuation of the Department of Public Enterprises (DPE)’S OM NO 2(34)/12-DPE (WC)-GL-XX/12 dated 14th December, 2012 on the subject cited above, the undersigned is directed to state that based on the recommendations of 3rd Pay Revision Committee(PRC) and with the due approval of the Cabinet, DPE vide OMs No W- 02/0028/2017-DPE(WC)-GL-XIII/17 dated 3rd August, 2017, W-02/0028/W2017-DPE(WC)- GL-XIV/17 dated 4th August. 2017 and dated 7th September, 2017 has revised the pay scales of Board level & below Board Level Executives and Non-Unionised Supervisors of Central Public Sector Enterprises (CPSEs) w.e.f. 1st January, 2017.

2.The pay fixation principles, which apply in respectoOf Board level executives of CPSEs would also be applicable mutatis mutandis in respect of below Board level executives and non- unionised supervisors of CPSEs.

3.Therefore, to bring clarity and also for the convenience of all the stakeholders, the examples specified in the Appendix of the DPE OM dated 14.12.2012 have been modified in light of the 2017 pay revision guideline. The Annexure contains the new pay fixation examples. The pay fixation examples are only indicative and not exhaustive.

4.The other provisions mentioned in the said OM dated 14.12.2012 would apply in consonance with the amendments made from time to time by this department. Further, the examples mentioned in the said OM dated 14.12.2012 would remain relevant in context of the employees of CPSEs on 1997 and 2007 pay scales.

5. All administrative of the Government of India are requested to bring the above to the notice of CPSEs under their administrative control.

sd/-
(Naresh Kumar)
Under Secretary

Annexure

Pay Fixation Examples

1. Appointment from a Board level post to another Board level post (like appointment from Director’s post to CMD) within the same CPSE, or a different CPSE, but within the same schedule and same pay revision:

Lower Post prior to appointment Director, Schedule ‘A’ CPSE
Lower Pay Scale ₹ 180000-340000
Basic Pay (BP) in lower scale ₹ 220000/-
Higher Post after appointment CMD, Schedule ‘A’ CPSE
Higher Pay Scale of the appointed post ₹ . 200000-370000
Pay fixation in the higher scale on selection as CMD
One notional increment @3% of the previous B P. ₹ .6600
Basic Pay to be fixed in the higher scale on appointment (Basic Pay + one notional increment) ₹ 2226600 (220000 + 6600)

2. Appointment from a Board level post to a Board level post in a different CPSE in different schedule but same pay revision:

Lower Post prior to appointment Director in Schedule ‘A’ CPSE
Lower Pay Scale ₹ 180000-340000
Basic Pay in lower scale ₹ 200000/-
Higher Post after appointment CMD in Schedule ’13’ CPSE
Scale of pay in Schedule ’B’ CPSE ₹ 180000-320000
Basic Pay as CMD Schedule ’B’ CPSE ₹ 200000/-
No change in basic pay as the scale of pay of CMD Schedule ’B’ is lower than that of Director Schedule ‘A’.
(ii) If the basic pay, which may or may not include stagnation increment, exceeds the maximum of the scale of pay the residual amount would be payable as personal pay
(iii) This Personal Pay (PP) would be absorbed during fixation of pay in higher scale/ pay revision. PP would not be counted for any purpose including DA

3. Appointment from a Board level post to a Board level post in a different CPSE in different schedule but same pay revision:

Click here to continue – Signed Copy & 13 more examples

 

Free Email Subscription Click here
Follow us on small-facebook-icon  Facebook Click here
Follow us on twitterTwitter Click here

LEAVE A REPLY

Please enter your comment!
Please enter your name here