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Date of Beneficial Increment

Home Forums Appointment Date of Beneficial Increment

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  • #69186
    unknown
    Spectator

      hi i am going to complete my 10 years of service on 29th jan, 2014. what will be the date of my beneficial increment? my basic pay is now Rs. 21,330/-. please advice.

      #78640
      unknown
      Spectator

        3% increment = Rs. 639.90 i.e. Rs.640/- will be added with your B.P.
        Now B.P. will be Rs. 21970/-
        But you will not get your normal Annual increment on 01/07/2014. Next increment will be on 01/07/15.
        ***** Now you may give option to take your 10 years benefit on 01/07/2014. and annual increment on the same day.
        1) Firstly, annual increment = Rs. 21970/-
        2) Secondly 10 years of benefit = 3% increment = Rs. 659.10 i.e. Rs.660/- will be added on your B.P.
        3) B.P. will be on 01/07/2014 =Rs. 22630/-

        Next increment will be on 01/07/15.
        Thanks a lot.

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