CPSE Pay Revision 2017-Implementation order issued by DPE on 3.8.2017
3rd Pay Revision for CPSE : Implementation order issued by DPE on 3.8.2017
Pay Revision of Board level and below Board level Executives and Non-Unionised Supervisors of Central Public Sector Enterprises (CPSEs) w.e.f. 01.01.2017.
No. W-02/0028/2017-DPE (WC)-GL-XIII/17
Government of India
Ministry of Heavy Industries and Public Enterprises
Department of Public Enterprises
Public Enterprises Bhawan
Block No. 14, C. G. 0. Complex,
Lodhi Road, New Delhi-110003
Dated: 3rd August, 2017
OFFICE MEMORANDUM
Subject:-Pay Revision of Board level and below Board level Executives and Non-Unionised Supervisors of Central Public Sector Enterprises (CPSEs) w.e.f. 01.01.2017.
The last revision of the scale of pay of Board level and below Board level Executives and Non-Unionized Supervisors of Central Public Sector Enterprises (CPSEs) was made effective from 01.01.2007 for a period of 10 years. As the next Pay Revision became due from 01.01.2017, the Government had set up the 3rd Pay Revision Committee (PRC) under the chairmanship of Justice Satish Chandra (Retd.) to recommend revision of pay and allowances for above categories of employees following IDA pattern of pay scales with effect from 01.01.2017. The Government, after due consideration of the recommendations of the 3rd PRC have decided as follows:
2.Revised Pay Scales: – The revised Pay scales for Board and below Board level executives would be as indicated in Annexure-I. There will be no change in the number and structure of pay scales and every executive has to be fitted into the corresponding new pay scale. In case of CPSEs which are yet to be categorized, the revised pay scales as applicable to the Schedule `D’ CPSEs would be applicable.
3 Affordability: The revised pay scales would be implemented subject to the condition that the additional financial impact in the year of implementing the revised pay-package for Board level executives, Below Board level executives and Non-Unionized Supervisors should not be more than 20% of the average Profit Before Tax (PBT) of the last three financial years preceding the year of implementation.
| CPSE Pay Revision 2017 | Fitment Benefit |
| CPSE Pay Revision 2017 | Methodology for Pay Fixation |
| CPSE Pay Revision 2017 | Promotion & Annual Increment |
| CPSE Pay Revision 2017 | Dearness Allowance |
| CPSE Pay Revision 2017 | HRA & HRR |
| CPSE Pay Revision 2017 | Performance Related Pay (PRP) |
| CPSE Pay Revision 2017 | Superannuation Benefits and Medical Benefits |
| CPSE Pay Revision 2017 | Leave regulations/management |
| CPSE Pay Revision 2017 | Date of Implementation and Payment of Allowances |
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