The Bombay High Court recently held that arrears cannot be considered while calculating a person's salary for the purpose of compensation for a motor accident. Justice Shivkumar Dige, while upholding enhancement of compensation to the family of a deceased in an accident, deducted the amount of arrears mentioned in his salary slip while calculating monthly income. The court was dealing …
Central Government DA Hike: Employees of the central government are likely to receive good news in the beginning of new year, 2022, under the 7th Pay Commission. This time, the employees of central government will get a hike of 3 per cent in their dearness allowance, the reports said. Typically, the government raises the Dearness Allowance of central government employees …
Bringing in some good news for over 52 lakh central government employees, the government is likely to take the final decision about the pending dearness allowance after its meeting with representatives of the employees that is scheduled for June 26. Speaking about the calculation of the arrear DAs, Shiv Gopal Mishra, Secretary-Staff Side, National Council of JCM, said that the …
HARRISBURG, Pa. — The board of Pennsylvania’s largest public pension system, the Public School Employees’ Retirement System, said it is investigating a consultant’s calculation about the fund’s investment performance last year that is apparently wrong. The calculation — 6.38% growth over the nine years ending last June 30 — was slightly above a 6.36% growth threshold, thus protecting nearly 100,000 …
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