TS/Telangana PRC Memo 509 for fixation of pay of CPS Employees

TS/Telangana PRC 2015 Cir Memo.509 for fixation of pay of CPS Employees in PRC 2015:

The DTA, telangana is directed to comply with the rules with reference to the CPS duly by deducting 10% contribution on revised pay & DA with effect from 2-6-2014 & also make matching employers contribution to fund managers.
  1. Circular Memo.509/A/102/A2/HRM.V/2015 Dt:3-6-2015
  2. As per the new pension scheme which is contributory in nature, the pension contribution in nature, the pension contribution shall be made at 10% of hte pay plus Da. consequent to implementation of PRC recommendation with monetary benefit from 02-06-2014, the employees covered under new pension scheme have to contribute pension contribution on revised pay plus DA.
  3. The DTA, telangana is directed to comply with the rules with reference to the CPS duly by deducting 10% contribution on revised pay & DA with effect from 2-6-2014 & also make matching employers contribution to fund managers.

Important Feature Posts Details

TS/Telangana PRC Memo 509 for fixation of pay of CPS Employees TS/Telangana PRC Memo 509 for fixation of pay of CPS Employees Reviewed by Tteachers on Tuesday, June 09, 2015 Rating: 5

No comments: