.tility have been revised and notified · (i) Pre-2006 Pensioners 1 Family Pensioners: The pre-2006...

11
'1 I. l ". NESCO UTILITY Head Office: Januganj, Balasore-zysctq Phone: 06782-244865, E-mail: [email protected] HUMAN RESOURCE DEPARTMENT )to/NPSCO/lfCRjCPen-18/31-08/18 -~ Cl :tb (])ate/d-.. S-"~ T ~C'I lIS: OFFICE ORDER In pursuance to the Office Order no A W -Pen-I-02/2009-13377 dated 21.06.2018 of OPTCL (Annexure-f) and approval of the Competent Authority, Management of NESCO Utility has been pleased to approve Revision of Pension 1 Family Pension of Pre-20 16 Pensioners and post 2016 Pensioner 1 Family Pensioners by adopting the principles for revision of Pension 1 Family Pension, Gratuity and Commuted Value of Pension provided in Finance Department Office Memorandum 0 28300 dated 23.09.2017, Government of Odisha (Annexure-H) subject to revision of Scales of Pay of Executives and revision of Wages of Non Executive Employees ofNESCO Utility. The Wages of the on Executive employees of NESCO Utility have been revised and notified . vide 0/0 no. 9947 dated 24.08.2018. The revision of Pension / Family Pension shall be mutatis mutandis the principles adopted by the State Government in the above Office Memorandum. However, the on-Executive employees who have retired within 01.04.2015 to 31.12.2015 shall be gUilkd by the provisions stipulated for the Post 2016 Pensioners / Family Pensioners. The Principles for revision of pension / farni Iy pension of Pre 2016 and Post 2016 Pensioners / Family Pensioners are as follows; I. (a) Pre-2016 Pensioners & Family Pensioners: . In order to arrive at consolidated Pension / Family Pension as on 31.12.2015 for revision of pension / family pension w.e.f. 01.01.2016, the following steps shall be followed. (i) Pre-2006 Pensioners 1 Family Pensioners: The pre-2006 pensioners and the post 2006 pensioners who had retired during the period from 01.01.2006 to 30.11.2008 having completed 25 years or more years of qualifying service shall be eligible for full pension. The pension shall be further stepped up notionally to the amount corresponding to the P.T.O.

Transcript of .tility have been revised and notified · (i) Pre-2006 Pensioners 1 Family Pensioners: The pre-2006...

Page 1: .tility have been revised and notified · (i) Pre-2006 Pensioners 1 Family Pensioners: The pre-2006 pensioners and the post 2006 pensioners who had retired during the period from

'1 I . l

".

NESCO UTILITYHead Office: Januganj, Balasore-zysctq

Phone: 06782-244865, E-mail: [email protected] RESOURCE DEPARTMENT

)to/NPSCO/lfCRjCPen-18/31-08/18 - ~ Cl :tb (])ate/d-.. S-"~ T ~C'I lIS:

OFFICE ORDER

In pursuance to the Office Order no A W -Pen-I-02/2009-13377 dated 21.06.2018 of OPTCL

(Annexure-f) and approval of the Competent Authority, Management of NESCO Utility has been

pleased to approve Revision of Pension 1 Family Pension of Pre-20 16 Pensioners and post 2016 Pensioner

1 Family Pensioners by adopting the principles for revision of Pension 1 Family Pension, Gratuity and

Commuted Value of Pension provided in Finance Department Office Memorandum 0 28300 dated

23.09.2017, Government of Odisha (Annexure-H) subject to revision of Scales of Pay of Executives and

revision of Wages of Non Executive Employees ofNESCO Utility.

The Wages of the on Executive employees of NESCO Utility have been revised and notified.vide 0/0 no. 9947 dated 24.08.2018. The revision of Pension / Family Pension shall be mutatis

mutandis the principles adopted by the State Government in the above Office Memorandum.

However, the on-Executive employees who have retired within 01.04.2015 to 31.12.2015 shall be

gUilkd by the provisions stipulated for the Post 2016 Pensioners / Family Pensioners.

The Principles for revision of pension / farni Iy pension of Pre 2016 and Post 2016 Pensioners /

Family Pensioners are as follows;

I. (a) Pre-2016 Pensioners & Family Pensioners: .In order to arrive at consolidated Pension / Family Pension as on 31.12.2015 for revision of

pension / family pension w.e.f. 01.01.2016, the following steps shall be followed.

(i) Pre-2006 Pensioners 1 Family Pensioners: The pre-2006 pensioners and the post 2006

pensioners who had retired during the period from 01.01.2006 to 30.11.2008 having

completed 25 years or more years of qualifying service shall be eligible for full pension.

The pension shall be further stepped up notionally to the amount corresponding to the

P.T.O.

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rate.

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pre-rcviscd scale shown in (01-8 of the Concordance Table (Annexure-Ill) w.e.f.

01.01.2006 in case of Pre-2006 pensioners who have completed 25 ears of qualifying

service. This shall be given notionally w.e.f. 01.01.2006 and actual financial benefit shall

be drawn from 01.0 1.2016 after fixation of pension in the revised rate. However. pension

shall be fixed on pro-rata basis where qualifying ervice is 10 year or more but le than

25 years.

(ii) The Family pension of all pre-2006 pensioners shall further be tepped up to th amount

shown in Col-09 of the Concordance table a corresponding to pre-re i ed pay al - I -

held by the pensioner. This shall al 0 be given notionally w.e.f. 01.01._006 and • I

financial benefit shall be paid from 01.01.2016 after fixation of pen ion in h r

(iii) The Pension / Family Pension In the above ea hall be arrived n i

31.12.2015 and the amount arri ed on J 1.1_._0 I - hall be the Basi P nsion Famil

Pension to be revised further Vv .e. f. 01.01._016.

(iv) The Basic Pension / Family Pen ion a on 01.01.201.6 hall be revi ed by multiplying

a factor of 2.57. The amount of revised Pension / Family Pension shall be rounded off to

next higher rupee. For this purpose the existing Pension / Family Pension shall be the

basic pen ion / family pension only without the element of additional pension a ailable to

the pensioners / farni Iy pensioners of the age of 80 year and abo e.

(v) In no case the revised full pension of all Pre-Zf 16 pensioner relatable to maximum

period of qualifying service i.e. 25 year hall be le than the -0% of th 11 h

replacement level in Pay Matrix shown in nnexu re-Iv w.e.f 01.01._016.

(vi) The revised Family Pension of all Pre-20 16 Family Pen ioner hall not be I than "'0%

of the I SI Cell of the replacement le el in pay matrix of the al of Pay of th pos last

held by the pensioner at the time of his retirement / death shown in nnexure-Fv w. " .

01.01.2016.

(vii) In no case, full pension or proportionately reduced pension or the family pen Ion hall be

less than Rs. 8,300/- per month.

(b) Post-2016 Pensioners & Family Pensione,"s :

(i) The Consolidated Pension of the Post-20 16 pensroncrs shall be 50% of the last pay

arrived on the date of retirement as Full pension where qualifying service is 25 years or

more. However, the pension shall be determined on Pro-rate basis where qualifying

service is 10 years or more but less than 25 years.

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(ii) The Consolidated family pension of the family pensioner shall be 30% of the last pay

arrived on the date of retirement of the pensioner or the last pay arrived on the date of

death of the employee as the case may be.

(iii) For this purpose the existing Pension / Family Pension will be the basic pension / Family

Pension only without the element of additional pension available to the pensioners /

family pensioners of the age of80 years and above.

Age of Pensioners / Family Pensioners Additional quantum of Pension I FamilyPension

From 80 year to le than 85 years 20% of revised basic pension / Fam iIy Pension

From 85 years to les than 90 years 30% or revised basic pension / Family Pension

From 90 years to less than 95 years 40% or revised basic pension / Family Pension

From 95 years to less than 100 years 50% or revised basic pension / Family Pension

100 years or more 100% or revised basic pension / FamilyPension..

(iv) Since the consolidated pension is inclusive of commuted portion of pension, if any, the

commuted portion will be deducted from the said amount while making monthly

disbursements.

(v) The minimum pension / Family Pension with effect from 01.01.2016 will be Rs. 8,300/-

per month (excluding the element of additional pension / family pension given to old

pensioners / family pensioners). The maximum pension / family pension will be 50%

and 30% respectively of the highest pay in the Pay Matrix.

(vi) The quantum of additional pension I Family Pension available to the Pensioners I Family

Pensioners for both pre-20 16 and post-20 16 shall be as follows;

(vii) The revrsion of pension shall be made as per the last pay arrived 111 the level of Pay

Matrix by the employee at the time of retirement. Up-gradation of post in subsequent

years wiU have no effect.

2. GRATUITY(i) Retirement I Death Gratuity :- The maximum limit of Retirement Gratuity and Death

Gratuity (DCRG) shall be Rs. 15.00 (Rupees Fifteen Lakhs) only w.e.f. 01.01.2016.

Dearness Allowance admissible from time to time with pay will be taken into account

while computing the amount of Gratuity w.e.f. 01.01.2016

The maximum limit of Retirement Gratuity and Death Gratuity (DCRG) for the

on Executive Employees retired I expired within 01.04.2015 and 31.12.2015 shall

remain as Rs. 7.5 Lakhs and no DA shall be taken into account for such calculation as per

previous Rules.

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41 E C UT 'TYIn case of Death Gratuity there existed a graded payment of gratuity depending

upon the length of qualifying service, to which a new slab (in bole) has also been added

as given below:

Length of qualifying Service Rate of Death GratuityLess than One year 2 times of monthly emolumentsOne year or more but less than 5 years 6 times of monthly emoluments5 years or more but less than I I years 12 times of monthly emoluments11 years or more but less than 20 years 20 times of monthly emoluments20 years or more Half month's emoluments for every

completed six monthly period ofqual ifying service ubject to a maximumof 33 times of emoluments

Payment of Gratuity in respect of employees joining in NESCO Utility service on or(i i)

after 01.01.2005 :- Employee ho ha e already joined or join in ESCO tility ervi e

on or after 01.01.2005 and are governed under the Defined Contribution Pen ion h me.

popularly known as National Pension ~ tern (. 'P ) hall be xt nd d th

Retirement Gratuity and Death Gratuity only on the ame term- and ondi ion. as are

applicable to employees eo ered under Odisha Civ il en Ice (Pen ion) Rule. 1992 from

time to time.

3. COMMUTATION OF PENSION:

The Commuted Value of pension will be 40% of the basic pension restorable after 15

years as per the amended provision of OCS(Commutation of Pension) Rules, 1992. This will be

applicable w.e.f. 01.01.2016.

4. QUALIFYI G SERVICE

The qualifying service for full pension is 25 year. Pen Ion hall how ver

pro-rate basis where qualifying service is 10 years or more but le than _- year .

fi. n

5. DEARNESS RELIEF / Tl

Consequent upon revision of pension / family pension. the rate of Dearn - R li fT.!.

on Pension / Family Pension hall be given in the following manner:-

Date from which payable Rate of Dearness Relief (T.I.)

01.01.2016 No D.A.01.07.2016 @2 2% of Basic Pay01.01.2017 @ 4% of Basic Pay01.07.2017 @ 5% of Basic Pay01.0 1.2018 (il' 7% of Basic PayL.:.-- .

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No T.!. shall be admissible to the Non Executive employees who have retired / expired

within 01.04.2015 to 31.12.2015 after revision of pension / Fami ly Pension.

Further, the Dearness Relief / TI already drawn in pre-revised pension / Family Pension

from 01.01.2016 till the effective date of issue of this Order shall be adjusted while drawing the

pension / family pension in revised rate and Dearness relief(T.!.) granted thereof.

The Pre-20 16 Pensioners / Family Pensioners desirous of revision of Pension / Family

Pension shall submit an application to the Concerned Unit Head / DDO (Where life Certificate is

being given) for revision of pension / family pension in a prescribed form as at Annexure-V.

6. APPLlCA TION FOR PENSION REVISION

Where in course of fixation of Pension / Family Pension, any amount drawn or received

as Basic Pension / Basic Family Pension by the Pensioner or Family Pensioner under any

circumstances is found to be in excess of the amount payable to him / her under this Office

Order, amount so drawn or received shall be recoverable from such Pensioner or Family

Pensioner from his pension for which he / she shall submit an Undertaking along with the.application to the pension Disbursing Authority as specified in the same prescribed form.

The fact ofauthorization ofthe revised rate of Pension / Family Pension shall be recorded

in both halves of Pension Payment Order (PPO) under the dated signature of the Concerned DDO

/ Unit Head.

The Unit Head (s) Concerned (where the Life Certificate is being received) are hereby

authorized to revise the Pension / Family Pension at the consolidated rate as noted at point I(iv)

and intimate the same to Sr.G.M.(Finance), / DGM(Finance) Funds in the prescribed format at•Annexure-V for necessary correction in the PPO Register maintained in Head Office. However,

the revision of pension as pCI' concordance table and pay matrix (as noted at point I(i),(ii) and

I (v» shall be done at the level 0" Funds Pension Branch under DGM(Finance) Funds, HQ Office,

NESCO Utility, Balasore.

Encl-: As above ~-{~'I

HR ( HEAD),NESCO Utility$ ~ /2s-P.T.O

This issues with the approval of the Competent Authority.

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Memo 0

s UTILIT \ v

Copy forwarded to All Functional Heads of HEAD Office / The DGM (Elect.) EC,

Balasore & Jajpur Road / Thy AGM (Elect.) EC Baripada . Keonjhar, & Bhadrak / The Manager

(Elect.) of Distribution Divisions, / The Manager (Elect.) ESD, Balasore / The DGM(Finance),

Funds, Head Office, Balasore / The DDO Head Office, Balasore for information and necessa~

. action. 2-~~~ HR (HEAD), seo Utility;l-Y 8!lJ

Memo No ~ ~ 55 Dated AS t R· d~t«;Copy forwarded to Head (DMU), GRIDCO, Head Quarter Office, GRIDCO, Janpath •.

fBhubaneswar for kind information and necessary action. ~' /__ . LJ\,\~_

HRSJIEAD), E CO "tili~' 2

Memo No~ ~ 1l' Dated ~~ •. 9; .d-.~'~Copy forwarded to DGM (HRD), DMU, GRIDCO. Hea~ Office. GRIDCO. Janpath I"

Bhubaneswar for kind information and neces ary action. ~-=----- ~ "l~ ~HR (HEAD), "E CO J#TIfTtv--4-~

Memo NO~I--<j----L.-W-'.:.~. D ed

Copy forwarded to The DM( . Head Office, NESCO Utility, Balasore for information and

necessary action. He is requested to upload this Office Order in the ESCO Utility website.

HR (HEAD)

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71 • r r-,

ANNEXURE-V

FORM OF APPLICATION

UNIT HEAD! DDO OF CIRCLE! DIVISION OFFICE! DDO H.Q. OFFICE

Sub: Revision of Pension / Family Pension in respect of Pre-2016

Pensioners / Family Pensioners.

PARTICULARS

1 Name of the Pensioner / Family Pensioner:

(In Capital Letters)

2 Father's / Husband's / Spouse Name

3 Type of Pension Admissible

4 Pension Payment Ordr (PPO/ FPPO) No

(Copy of 1st page of PPO/FPPO to be attached)

5 Name of the Bank from which pension / family .pension is being drawn

6 Date of commencement of Pension / Family

Pension_.- -_.

7 Amount of pension at the time of retirement

8 Additional pension / Personal pension / Ex-gratia

drawn ifany

9 Whether the pensioner / family pensioner is in~

receipt o~ any other pension, if so its particulars

and source from where being drawn (copy of the

PPO to be furnished)

I declare that the information furnished above is true and correct.

Signature / LTI of Pensioner / Family Pensioner

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T urvUNDERTAKING

I hereby undertake that any excess payment that found to have been

made due to incorrect revision of pension / family pension or any excess

payment detected subsequently will be refunded by me to the concerned

pension disbursing authority either by adjustment against future pension /

family pension due to me or otherwise.

Signature / LTI of Pensioner / Family Pensioner

Date: ame _

Place: PPO No. / FPPO No _

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9 I cl t E CO UTilITYANNEXURE- VI

FORM OF INTIMATION

FORM OF INTIMATION by the concerned Unit Heads to the Dy. General Manager (Finance)

Funds regarding revision of Pension and Family Pension.

1 Name of the Pensioner I Family Pensioner (In

Block Letters)

2 Date of Birth (If available in records)

3 Date of retirement I death ( In case of Family

Pension)

4 Pension Payment Order no(PPO No.)

5 Length of Service rendered by the pensioner

6 Treasury Serial No.

7 Name of the Bank, IFSC Code Number with S.B.

AIC no

8 Computation of consolidated Pension I Family

Pension ( IN Rupees) .EXISTI G PE SIO BASIC PENSION

(i) The Basic Pension received by the Basic Pension as on 01.01.2016

existing pensioners on 31.12.2015 x

2.57 rounded to next higher rupee

B Existing Family Pension BASIC FAMILY PENSION

(i) The Basic Family Pension received by Basic Family Pension as on

the existing Family Pensioner as on 01.01.2016

31.12.2015 x 2.57 rounded to next ~

higher rupee

9 Additional Pension I Family Pension admissible

(if any) on attaining the age of 80 years or above

:- % Rs. - 1- PM

10 Whether the pensioner I Family Pensioner is in

receipt of any other pension, if so, its particulars

and source from where being drawn:

11 Remarks, if any:

Signature of Unit Head

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CONCOHDANCETABLEOFOPTCL

Pension = 50% ofFamily Pension =

Sum of Minimum PaySum of Minimum

30%Sum of

Pay Scale w.e.f. Corresponding Pay Band and Gradc Pay in 6thin the Pay Band and

Pay in the Pay BandMinimum Pay in

Pay Scale w.e.f.01.04.1995/ Pay Commission w.e.I, 01.01.2006 / 01.04.2005 Grade Pay /

and Grade Pay /the Pay Band and

01.04.1990 minimum pay in the Grade Pay /01.01.1996 in NESCO Utility Minimum pay in hepay scale as per

pay scale as perMinimum pay in he

fitment table pay scale as perfitment table

fitment table

Name ofPay Band Pay Scale Grade Pay

2 3 4 5 6 7 8 9Rs.860-22-1058/-26 Rs.2550-55-2935-62

1240-30-1540 3431-70-4551/- SI 4440-10200/- 1750/- 6500/- 3500/- 3500 -Rs.930-26-1086-30- RS.2770-62-3204-70

1296-35-1611/- 3764-80-4724/- PB-l Rs.5200-20200/- 1900/- 7780/- 3890/- 3500. -

Rs. 1050-30-1200-35 Rs.3140-70-3630-801375-E8-40-1735/- 4270-90-5080/- PB-l Rs.5200-20200/- 2100/- 8480/- 4240/- 3500/-

Rs I150-40-1350-EB Rs.3430-90-3880-45-1665-EB-50- 100-4480-115-

2115/- 6205/- PB-l Rs.5200-20200/- 2400/- 9840.'- 4920/- 3500/-RS.1205-45-1520-EB Rs. 3600- 100-4100-

50-1920-EB-55- 115-4675-125-

2250/- 6550/- PB-l Rs.5200-20200/- 2500/- 10180/- 5090/- 3500J-Rs. 1345-50-1595-E8 Rs.4020-115-4595-

I55-1980-E8-60- 125-5220-135-

2S20/- 7380/- PB-I Rs.5200-20200/- 2800!- 11170/- 5585/- 3500/-RS.1390-60-181U Rs.4400-135-5075-EB-65-2265-E8-70- 150-5825-160-

2605/- 7905/- PB-l Rs.5200-20200/- 3300!- 12010/- 6005/- 3603/-Rs. 1505-65-2040-EB Rs.4760-150-5510-

70-2600-E8-75- 160-6310-170-3200/- 9370/- PB-2 9300-34800- 4200/- 13500/- 6750/- 4050!-

Rs. 15B5-65 2MO-E1370-2600-1·:n 70,

3201J/ Rs.5250-180-9750/- PB-2 9300-34800- 4200/- 14060/- 7030/- 4218/-Rs. 1755-7S-2ZU5-U:l Rs.5350-170-6200-

BO-n6S-EH as. 180-7100-190-3(,15/- 10520/- PB-2 9300-34800- 4200/- 14060/- 7030/- 4218/-

Rs. 1755-75 nOS-EBBll-27(,S-EB-05- Rs.5850-200-

J615/- 10850/- PB-2 9300-34800- 4200/- 15180/- 7590/- .!55-1 -n-, 2000-80-2400-EB Rs.6000-180(5)-

I85-3075-£8-100- 6900-190(5)-7850-

3775/- 200(15)-10850/- PR-2 9300-34800- 4200/- 16290/- 8145- 4881/-

Rs.2000-60-2300-EB Rs.6500-225- I . I75-3200-100-3500/- 11000/- PB-2 9300-34800- 4600/- 16690/- 8345/- 500./-2200-75-2800-EB- Rs.8000-275- I100-4000/- 13500/- PB-2 9300-34800- 5400/- 21000/- 10500/- 6084/-2350-75-2800-EB-

I100-3700-1250- Rs.8000-275-4200!- 13500/- PB-3 15600-39100/- 5400/- 21000!- 10500/- 6300/-

•.

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III~

ANNEXURE-IV

PAY MATRIX, FIRST SCHEDULE

Pay Band 4440-14680/- 5200-20200 9300-34800 15600-39100 37400-67000

Grade Pay 1780 1930 2130 2430 2530 2830 3330 4200 4600 4'800 5400 6600 7600 8700 8800 9000

Level 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

1stCell 17200 19900 22700 25500 26400 292~0 31400 35400 44900 47600 56100 67700 78800 123100 127100 135100

MinimumPension 8600 9950 11350 12750 13200 14600 15700 17700 22450 23800 28050 33850 39400 61550 63550 67550

Minimum FamilyPension 5160 5970 6810 7650 7920 8760 9420 10620 13470 14280 16830 20310 23640 36930 38130 40530

if} ,~I"Y~