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Monday, 5 June 2017

Fixation of Pay on Promotion / MACP


Let ‘X’ Postmaster Grade-I official drawing Pay Rs. 44100/- wef 01.07.2016 in the pay band 5200-20200 grade pay 2800 pay matrix level 5 promoted on 25.05.2017 to Pay in Pay band 9300-34800 grade pay Rs. 4200/- pay matrix level 6 of Postmaster Grade-II./MACP-II.


Case: 01 : STRAIGHT AWAY PAY FIXATION:-
25.05.201744100 (RS)
Notional Increment:3%44500
Fix at Paymatrix level 6 grade pay 4200/-46200 WITH DNI:01.01.2018
01.07.201746200
01.01.201847600
01.07.201847600
Case:02 : BY OPTION TO FIX PAY AFTER (accrual)TAKING INCREMETN ON 1ST JULY :-
25.05.201744100 (RS)
NO PAY FIXATION(44900) Next above in level 6. No fixation of pay
01.07.2017 (regular inct)45400
01.07.2017: Pay fixation: one NI+ fix at level 646800-->at level 6 fix Rs. 47600 . 
01.01.201847600
01.07.201849000
NOTE:- Those who are currently drawing increment in JULY on promotion between January to June opt to fix pay after accrual of increment is beneficial . 

//M.S.Reddy , ex-Accountant (P.O & RMS), Hyderabad city//

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