Sub: Correction in the Concordance Table in respect of Loco & Traffic Running Staff – Reg.
As your goodself is aware that, as per Option III, formulated by the Pension Committee, Notional Pay of the Railway Employees, retired prior to 01.01.2016, is to be fixed in terms of successive Pay Commissions.
Concordance Table, for fixation of pension of the Loco & Traffic Running Staff, is anomalous inasmuch as while fixing Notional Pay in VII CPC terms, the 30% Pay Element has not been taken into account, with the result that, the Pension is getting reduced drastically rather than being improved…….
No.AIRF/55 Dated: May 31, 2018
The Chairman,
Railway Board,
New Delhi
Dear Sir,
Sub: Correction in the Concordance Table in respect of Loco & Traffic Running Staff – Reg.
As your goodself is aware that, as per Option III, formulated by the Pension Committee, Notional Pay of the Railway Employees, retired prior to 01.01.2016, is to be fixed in terms of successive Pay Commissions.
Concordance Table, for fixation of pension of the Loco & Traffic Running Staff, is anomalous inasmuch as while fixing Notional Pay in VII CPC terms, the 30% Pay Element has not been taken into account, with the result that, the Pension is getting reduced drastically rather than being improved. This is causing substantial monetary loss to the Running Staff which is not the motto behind the recommendations of the Pension Committee and VII CPC.
AIRF, therefore, urges that, the above issue may be looked into on priority and necessary modifications in the same be affected, computing 30% of Pay Element while fixing Notional Pay of the Running Staff in VII CPC terms, so that there is no undue financial loss to this vulnerable category of staff.
An early action in the matter shall be highly appreciated.
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