The minutes of the Second meeting of National anamoly committee (for Central Government Employees) is available here
Our thanks to Sri DD Mistry for sharing this with us.
Please click on comments below this post for a subsequent correction Sri DD Mistry sent after this message was posted.
Sri DD Mistry adds the following correction in the National anaonoly committee meeting
ReplyDeleteThere is one slight change in page 3 of attached letter, which is given in blue colour.
"We propose that the formula which is applied for working Executive/Non Executive Employees for their Pension should be made equally applicable to all pre 01.01.2007 Pensioners without any discrimination.
And accordingly, as we propose that the revised proposal for IDA Pension revision, to be incorporated in the Cabinet Memo should be as follows:
Revised IDA Pension on 1/1/2007 = Existing IDA Basic Pension + 78.2% IDA on Existing Basic Pension + 30% weightage on Existing Basic Pension"
The last two lines above should read as under:-
Revised IDA Pension on 1/1/2007 = Existing IDA Basic Pension + 78.2% IDA on Existing Basic Pension + 30% weightage on (Existing Basic Pension plus 78.2% IDA)