Item 4(1)(b)-(x)
The monthly remuneration received by each of its officers and
employees, including the system of compensation as provided
in its regulations
10. Please provide monthly remuneration received by each of its Officers and
Employees, including the System of Compensation as Provided in Regulations.
The employees are paid in accordance with the pay scales (IDA pattern) of executives
and non executives as per details below:
1. CLASSIFICATION OF POSTS
(Executives)
Executive Director
62000-3%-80000
General Manager
51300-3%-73000
Addl.General Manager
51300-3%-73000
Dy. General Manager
51300-3%-73000
Chief Manager
43200-3%-66000
Manager
36600-3%-62000
Deputy Manager
32900-3%-58000
Assistant Manager
29100-3%-54500
Sr.Engineer/ Sr.A.O/ Sr.Officer
24900-3%-50500
Officer/Engineer/Accounts Officer
24900-3%-50500
Assistant Officer
20600-3%-46500
(Non-Executives)
NE(SG)
20500-3%-44500
NE 11
20000-3%42500
NE 10
18500-3%-40000
NE 9
17000-3%-37000
NE 8
16000-3%-35500
NE 7
15500-3%-34500
NE 6
14500-3%-32000
NE 5
13500-3%-29500
NE 4
12500-3% -27500
NE 3
11500-3% -26000
NE 2
11000-3%-24500
NE 1
10500-3%-23000
* The pay scales of Executives are provisional.
2. DEARNESS ALLOWANCE
DA rates are revised 4 times in a year w.e.f. 1st January, 1st April, 1st July & 1st
October.
3. HOUSE RENT ALLOWANCE (HRA)
Revised classification of cities/towns
Rates of HRA (% of revised basic pay)
X(previously classified as A1)
30%
Y (previously classified as A, B1 & B2)
20%
Z (previously classified as C)
10%
Note: Facility to retain Corporations accommodation/residential accommodation at the
previous place of posting or draw HRA of the previous place of posting, subject to a
period of two months, if accommodation by the Corporation has not been provided at
the new place of posting and the employee is incurring some expenditure for retaining
the accommodation at previous station. This may be extended not beyond the end of
academic session or such period as may be prescribed by the Competent Authority /
or draw HRA of the new station, where the employee intends to shift his family on
transfer, to all employees of the Corporation.
4. LEASED ACCOMMODATION
Executives of REC are provided with the facility of Self-lease/Company Leased
Accommodation. The monthly rental ceiling of Company Leased residential
accommodation are as under:
Grade
Category of cities
Cities Delhi (UA*), Greater Mumbai(UA),
Chennai (UA), Bengaluru (UA), Kolkata
(UA), Hyderabad(UA)
All Indian State
capital
cities/towns
All other cities
classified as Y as
per GOI list
E-1
20930
16280
11630
E-2
21560
16780
11900
E-2A
22730
17680
12630
E-3
24530
19080
13630
E-4
26100
20300
14500
E-5
27900
21700
15550
E-6
29700
23100
16500
E-7
30760
23910
17090
E-7A
31820
24740
17680
E-8
32850
25550
18250
E-9
36000
28000
20000
House Rent Recovery
D Type ( for E5 & above)
Rs.2750/ p.m
C Type ( for E3 to E4)
Rs. 2180/ p.m
B Type ( for E1 to E2A)
Rs. 1780/ p.m
NOTE:
The leased accommodation other than self leased accommodation allotted to an
employee may be allowed to be retained by him subsequent to the happening of any
of the events specified below for the period mentioned against each on payment of
usual normal rent provided that the accommodation is required for bona fide use of the
employee of members of his family.
Events
Permissible period of retention of
accommodation
(1) Retirement
4 months
(2) Death
4 months
(3) Transfer to a place outside
2 months
headquarters
(4) On being deputed by the company
Full period of leave
for training
(5) Any kind of leave which qualifies for Full period of leave
payment of House Rent Allowance in
Full
(6) Study leave, if any (including EOL)
6 months inclusive of various kinds of leave
which may be due to the employee at the
time of proceeding on study leave.
(7) Leave on medical grounds (including 6 months inclusive of various kinds of leave
EOL).
which may be due to the employee at the
time of proceeding on medical leave
(8) Reversion of a deputationist to his
i) Two months (if served REC for a
parent department
minimum period of one year)
ii) One month (if served REC for a period of
less than one year.
Provided, however, where an employee is
transferred to a place outside station in the
midst of an academic session, the period of
two months as mentioned at (3) above may
be extended not beyond the end of
academic session by the Competent
Authority in exceptional cases if the shifting
of his family is likely adversely affect the
education of his children.
5. Perquisites and allowances
Perquisites and allowances are admissible to Board Level and below Board Level
Executives w.e.f. 26.11.2008 on the Principles of Cafeteria Approach allowing the
executive to choose from a given set of cafeteria of perquisites and allowance subject
to the condition that the sum total of these perquisites and allowances shall not
exceed 50% of the revised basic pay.
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