7th Pay Commission: This may happen to Provident Fund (PF), Gratuity of Central government employees
7th Pay Commission: Central government employees are on the cloud nine these days. The reason for this is a double bonanza that may be coming for them in next few months. As per the media buzz, center may announce 4 per cent Dearness Allowance (DA) due from January 2021.
7th Pay Commission: As per the 7th CPC (Central Pay Commission) salary rules, once the DA is restored for CGS, not just their monthly salary will go up, their Provident Fund (PF) balance and gratuity will also grow at a faster pace. Photo: Reuters