Tuesday 23 August 2016

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BENEFICIAL OPTION FOR MTS STAFF WITH BASIC 7000 ON 01.01.2016

For MTS with basic pay 7000/- on 01.01.2016, Option-2, Fixation from date of promotion is beneficial.

Here is the illustration...
Option-1 (01.01.2016)Option-2 (01.07.2016)
01.01.20167000 (5200+1800)7000 (5200+1800)                     
01.01.20167000*2.57=17990
He will be fixed on 18000
7000 (5200+1800)
01.07.2016Increment: 18500    7000*3%=210

7210 (5410+1800)
7210*2.57=18530
He will be fixed on 19100             .

Official have to forget arrears Rs.13500/-. But he will get benefit of Rs.600/- per month in his basic pay.


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