Pension and arrears to employees of KVS
The Grant-in-Aid allocated to Kendriya Vidyalaya Sangathan (KVS) in the Budget Estimates 2017-18 was to meet the expenditure of salary/pension for its serving/ retired employees of KVS as per 6th CPC. However, Department of Expenditure (DoE) has given in principle approval for allocation of funds to meet the additional financial burden on the central exchequer while conveying its approval for implementation of revised pay scale as per 7th Central Pay Commission (CPC) to the serving employees of KVS.
With regard to extension of Government’s decision on the recommendations of 7th CPC for revision of rates of allowances, DoE has also given in principle approval for allocation of funds for additional financial burden on account of disbursing the arrears of allowances for the serving employees of KVS.
Ministry of Finance, DoE has not conveyed its approval for extension of revised pension to the pensioners of KVS as per the 7th CPC.