7th CPC Ready Reckoner – Form of Option All Grade Pay
Confused with “Form of Option” GEOD help us you to choose the best option
FORM OF OPTION [See rule 6 (2)] –
There has been a new “Form of Option” which is been floated in Central Government Departments after Gazette Notification and employees are filling their details and handing over to the department. There has been doubts and queries about which option would be more beneficial and this is leading towards confusion.
Option 1:
Employee agree to get their revised pay structure with effect from 1st January, 2016
Option 2:
Employees can hereby elect to continue on Pay Band and Grade Pay of my substantive / officiating post mentioned below until: * the date of my next increment / the date of my subsequent increment raising my pay to Rs. ——————/ I vacate or cease to draw pay in the existing pay structure / the date of my promotion/upgradation to the post of ————————–.
We hereby listed down the best benefit option based on the next increment in the below table. Employee can choose wisely from the below table and apply the same while submitting the “Form of Option”
If you had a promotion cycle between 02-01-2016 to 30-06-2016, we would provide the best option in the coming days.
Also, if there has been any retirement on or before 30-06-2016, you can choose the Option 1 in the “Form of Option” as per rule 6 (2).
Please post your valuable comments and queries, also suggest you to refer Gazette notification for queries.
Disclaimer: We had done our best to get you the right value, however there could be errors. We request the readers to validate the information and then act. We will not take any responsibility for the losses incurred due to errors.
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Form of Option Grade Pay (Pay Band-3) 5400
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Form of Option Grade Pay 10000
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