TAMIL NADU GENERATION AND DISTRIBUTION CORPORATION LIMITED (ABSTRACT)

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1 TAMIL NADU GENERATION AND DISTRIBUTION CORPORATION LIMITED (ABSTRACT) Pension Treatment of Dearness Allowance/ Additional Dearness Allowance as Dearness Pay for the purpose of pension revision For the pensioners retired Adoption Orders Issued (SECRETARIAT BRANCH) (PER) CMD TANGEDCO PROCEEDINGS NO.72,DATED 22 nd February Maasi 10, Thiruvalluvar Aandu READ: i) G.O.Ms.No.363 Finance (PCG) Department, dated PROCEEDINGS: In the Government order read above, the Government issued orders extending certain additional benefits to those retired during to and alive pensioner. 2. The Pensioners Associations have been requesting for implementation of the said orders in the Corporation. The same has been considered and it has been decided to extend the benefits to the pensioners retired during the aforesaid period and are alive on the date of issue of Government Order ( ). 3. Accordingly, it is hereby directed that:- i) the pensioners who have retired between and shall be permitted to compute average emoluments notionally for the calculation of pension based on the scales of pay introduced with effect from upto the date of retirement (duly ignoring the and wage revisions) and with reference to the Dearness Allowance and Additional Dearness Allowance applicable under the Government pattern in the pre-revised scale of pay sanctioned from time to time as Dearness pay for the entire 10 months preceding retirement. ii) further, such of the pensioners who retired between and shall have the option to opt for the above formula or to retain the current pension, whichever is advantageous to them; iii) if the option is exercised for the pre-revised scale to calculate the pension, the excess pay and allowances and terminal benefits, if any drawn by them in the revised scale of pay prior to their retirement shall be waived as a special case...2..

2 -: 2 :- 4. (i) The Pensioners those who are alive shall exercise option and apply to the Pension Sanctioning Authority in the application and option annexed to this Proceedings for revision as ordered in para.3 above. All the Pension Sanctioning Authorities are hereby instructed to revise the pension as ordered in para.3 above and send the same to the CIAO/Audit Branch. (ii) In view of the huge financial commitment in extending the said benefits and as TANGEDCO is also facing financial constraints, the arrears accruing consequent on approval of this proposal could not be paid in one lumpsum. The CIAO/Audit Branch, is hereby instructed to pay the revised pension and consequential arrears in two annual equal instalments in the financial year and (iii) The applicable rates of Dearness Allowance at the rate of 608 points of All India Consumer Price Index and Additional Dearness Allowance admissible from time to time along with illustration are appended to this order. 5. The receipt of the Proceedings may be acknowledged. (BY ORDER OF THE CHAIRMAN CUM MANAGING DIRECTOR) S.CHINNARAJALU, SECRETARY. To All Chief Engineers. All Chief Financial Controllers/TANGEDCO & TANTRANSCO. The Chief Internal Audit Officer/Audit Branch. All Superintending Engineers. The Residential Audit Officer/Chennai-2. Copy to: The Chairman-cum-Managing Director s Table. All Directors of TANGEDCO & TANTRANSCO. The Secretary/TANGEDCO/Chennai-2. The Legal Adviser/TANGEDCO/Chennai-2. The Superintending Engineer/Chairman-cum-Managing Director s Office. All Officers/Sections in Secretariat Branch...3..

3 -: 3 :- All Asst.Personnel Officers/Adm.Branch/Chennai-2. The Asst. Personnel Officer/Tamil Dev. for publication in the Bulletin (2 copies). The President/TNEB Retired Officials Association, No.14 (Old No.7), 2 nd Main Road, Ram Nagar, Chennai The General Secretary/Federation of TNEB Pensioners Associations, G2, Plot No.87, Door No.31, Ramyam Apt., Nehru St, Alwarthirunagar, Chennai-87. The General Secretary/TNEB Pensioners' Progressive Union, No.9, Sundaram Chetty Street, Kottikulam Road, Dindigul The General Secretary/Electricity Board Pensioners' Welfare Association, No.27, Mosque Street, Chepauk, Chennai The General Secretary/Tamil Nadu Electricity Retired Workers' Association, No.16, 10 th East Main Road, Gandhi Nagar, Vellore-6. The General Secretary/TNEB Retired Employees & Officers Association, No.18, Ellaiyamman Koil Street, West Mambalam, Chennai Notice Board. FORWARDED :: BY ORDER ::

4 ANNEXURE-I To The Pension Sanctioning Authority, Affix Passport size photo Sir, Sub: Pension Treatment of Dearness Allowance/Additional Dearness Allowance as Dearness Pay for the purpose of pension revision Application Submitted. ***** Kindly revise my pension in terms on of (Per) CMD TANGEDCO Proceedings No.72 (SB) dated Requisite particulars are given below: i) Name of the applicant : (IN BLOCK LETTERS) ii) Postal Address (duly furnishing the District) : iii) Designation/Distribution Circle/ Branch Office from which retired : iv)date of retirement/ : v) The scale of pay of the post last held and the last pay drawn : vii) Date from which pension is being drawn : viii) Pension Payment Order No : ix) Amount of revised pension as on (if available) :

5 -: 2 :- x) Name of the Bank/Branch and Account No. where the pension is drawn : xi) Documentary evidence, if any in support of the claim : Date: Signature of Pensioner. (for official purpose) I) Particulars verified : II) Net qualifying service : III) Amount of revised pension authorized w.e.f : Signature of authority Note: PPO need to be surrendered along with this application.

6 ANNEXURE-II OPTION FORM I retired as from the office of the drawing pension with P.P.O.No. at Indian Overseas Bank/ Branch, hereby opt for calculation of revised pension with reference to (Permanent) CMD.TANGEDCO Proceedings No. (SB), dt. on the basis of the notional pay fixation in the pre-revised scale of pay as on and further sanction of subsequent increment till the date of my retirement. Station: Date: Signature of the Pensioner.

7 Rates of Dearness Allowance applicable to the prerevised scale of pay for the period between and D.A. at 608 points of All India Consumer Price Index. Basic pay upto Rs.1,100/- Basic Pay above Rs.1,100/- 15% (Fifteen Percent) 12% (Twelve Percent) subject to a minimum of Rs.165/- and a maximum of Rs.300/-.

8 Rates of Additional Allowance applicable from time to time for the period from to Sl. No. ADA with effect from Basic Pay (*) upto Rs Basic pay (*) above Rs.3500/- Rate of D.A. Subject to a minimum

9 ILLUSTRATION An employee in the scales of pay introduced with effect from upto the date of retirement was drawing a basic pay of Rs.1985/- in the pay scale of Rs The corresponding revised scale of pay is Rs His date of increment is 1 st October and his date of retirement is The individual has rendered a net qualifying service of 33 years. The revised pension is worked out as shown below: - Average emoluments period = to Pay regulation on exercising option Pay in the pre revised scale of pay (Rs ) as on is Rs.1985/- (after sanction of subsequent increments) w.e.f Rs.2345 w.e.f Rs.2435 Revised pay drawn as per scales of pay introduced with effect from upto the date of retirement (in the scale of Rs ) Rs.2900 Rs.3000 I. Average Emoluments (revised pay): to = (13%) = 3277 X 1 = to = (13%) = 3390 X 9 = Total AE = Rs.3379; Revised pension = Rs.1690/-pm w.e.f II. Average Emoluments (in pre-revised pay): to = (12%)+2180(83%) = 4806 x 1 = to = (12%)+2263(83%) = 4990x 3 = to = (12%)+ 2509(92%) = 5236 x 6 = Total AE= Rs.5119, Revised Pension=Rs.2560/- pm w.e.f Difference = Rs.2560 Rs.1690 = Rs.870 Net increase in pension w.e.f. Rs.870/- p.m.

TAMIL NADU GENERATION AND DISTRIBUTION CORPORATION LIMITED (ABSTRACT)

TAMIL NADU GENERATION AND DISTRIBUTION CORPORATION LIMITED (ABSTRACT) Pension Treatment of Dearness Allowance/ Additional Dearness Allowance as Dearness Pay for the purpose of pensionary benefits Adoption