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Rule 4: Pay, allowances and other benefits · Complied AI

Chapter 22
Rule 4

Rule 4Chapter 22

Pay, allowances and other benefits

7.4 – The National Financial Reporting Authority (Recruitment, Salary, Allowances and Other Terms and Conditions of Service of Secretary, Officers and Other Employees of Authority) Rules, 2019

Pay, allowances and other benefits.-

(1)

Pay of an employee of the Authority shall be such as per the Level in pay matrix as approved by the Central Government or pay scale as specified in the Schedule.

(2)

An employee appointed on deputation to an ex-cadre post may elect to draw either the pay in the scale of pay of the ex-cadre post or his pay in the parent cadre with deputation allowance.

(3)

The Secretary, officers and employees of the Authority who are not on deputation shall be governed by the new pension scheme.

(4)

The Secretary, officers and employees of the Authority who are on deputation shall be eligible for pension and retirement benefits, if any, as are available to them in their parent Ministry or Department or organization.

(5)

For an employee other than an employee on deputation to the Authority, the Authority may, from time to time, frame such schemes and allow such other benefits for the welfare of the employees on such terms and conditions as may be approved by the Central Government from time to time.

Notes, amendments & references (1)

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