Daily Mail India
People Inbox @ Single Platform

Finance Ministry working on norms for salaries of retired central govt officials re-appointed on contract

Image Source : PTI

Finance Ministry working on norms for salaries of retired central govt officials re-appointed on contract

The finance ministry is working on norms to manage wage paid to retired central authorities staff re-appointed on contract and has proposed holding nomination-based appointments at “bare minimum”. In an workplace memorandum dated August 13, the Department of Expenditure, Ministry of Finance, mentioned that ministries/departments appoint retired central authorities staff on contract foundation, together with as consultants, however there aren’t any uniform pointers for regulating the wage fee in such circumstances.

The expenditure division has framed draft rules for wage funds in case of appointment of retired central authorities staff and has invited feedback of ministries/departments inside 10 days.

“It has been felt that there is a need to have uniformity to regulate salary of such contractual appointment of retired central government employees,” the division mentioned.

The draft pointers state that appointment of retired staff on contract foundation, together with as consultants, by approach of nomination based mostly on the credentials of previous service and never by way of open market commercial, shouldn’t be made as a “matter of practice and must be kept at bare minimum”.

“Such appointments may be made only in the justified exigencies of the official work where public interest is served by the appointment of the retired employee,” the draft pointers mentioned.

With regard to wage fee, the draft pointers mentioned a set month-to-month quantity shall be admissible, arrived at by deducting the fundamental pension from the wage drawn on the time of retirement. It shall be termed as “salary”.

“The amount of salary so fixed shall remain unchanged for the term of the contract,” it added.

It mentioned home lease allowance (HRA) shall be paid, besides in these circumstances the place particular dispensation is allowed by the Appointments Committee of the Cabinet.

The time period of such appointments shall be for an preliminary interval of as much as one 12 months and could also be extendable as much as an age of two years greater than the age of superannuation.

“…in no case shall it be extended beyond the age 5 years more than the age of superannuation,” the draft pointers mentioned.

It additional mentioned that in circumstances the place the appointment of retired central authorities worker is made out of open market, then the remuneration could also be regulated as per phrases and circumstances of the contract.

Latest Business News

Fight towards Coronavirus: Full protection

Source hyperlink