Increment Benefit recommended for Central Public Sector Enterprise Employees – 3rd Pay revision Committee report
CPSE – 3rd Pay revision Committee report – 3 % Increment benefits, Promotion Increment and Stagnation Increment Recommended by 3rd Pay Revision Committee
ANNUAL INCREMENT
Applicable at the rate of 3% of Basic Pay.
PROMOTION INCREMENT
Applicable at the rate of 3% of Basic Pay.
STAGNATION INCREMENT
Executive shall be allowed to draw stagnation increment, one after every two years, upto a maximum of three such increments provided the executive gets a performance rating of “Good” or above.