For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
Oneindia App Download

7th Pay Commission: In TN max wage to be Rs 2.25 lakh

The minimum wage has been determined at Rs 15,700 as against the existing Rs 6,100.

By Vicky
|
Google Oneindia News

The Tamil Nadu government recently implemented the recommendations of the 7th Pay Commission. Nearly 12 lakh employees of the state government will now get a revision in the minimum and maximum wages in line with the 7th Pay Commission.

7th Pay Commission: In TN max wage to be Rs 2.25 lakh

The government would incur an additional expense of Rs 14,719 crore annually," Chief Minister K Palaniswami said. A meeting of the state cabinet chaired by K Palaniswami on October 11 had accepted the recommendations made by a panel in this regard based on the 7th Pay Commission suggestions.

The new wage structure was arrived at by using the 2.57 multiplication factor which was followed by the Union Government.

What is the minimum wage?

The minimum wage has been determined at Rs 15,700 as against the existing Rs 6,100.

What is the maximum wage?

The maximum wage will be Rs 2.25 lakh against existing maximum wage of Rs 77,000.

According to the TN CM, "The 2.57 multiplication factor had been used to revise pension/family pension, which will be Rs 7,850. The decision would benefit seven lakh pensioners. Maximum pension would be Rs 1,12,500 and family pension would be Rs 67,500, CM said. The ceiling on gratuity at the time of retirement had been increased from Rs 10 lakh to Rs 20 lakh, he added.

Wage revision benefits were also being extended to nutritious meal scheme workers, Anganwadi staff and village panchayat officers. A 30 per cent hike for those employees receiving consolidated pay, the TN CM also announced.

OneIndia News

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X