Whether Govt. actually merged Dearness Allowance with basic pay today (20/02) ?

Rumors spread very fast this afternoon that central cabinet approved terms of 
reference of seventh CPC and agreed to merge 50% of D.A. with basic pay for 
central employees and pensioners. Some of the popular websites and media sites 
started flashing this news. A cabinet meeting did took place today but according to
 sources, it was not discussed in the meeting due to paucity of time. 

Merger of D.A., granting interim relief and enhancing superannuation age are 
definitely being actively considered by the Govt. but nothing has been materialized
 as of now.

F.M. is proceeding to Australia for a five days official tour and it is most likely that
 cabinet will take any decision only after his return from abroad. 

So good news may be expected in the next weekend. 

Courtesy : http://90paisa.blogspot.in

Retirement Age 62

All set to hike central retirement age to 62 years

It may sound like ridiculous as number of times articles regarding this topic has published 

in different websites and newspapers. But as per our sources and media reports, centre 

finally decided to hike retirement age to 62 years. The process has received PM's nod 

and awating cabinet approval which is likely to be obtained in the next meeting.

The newly set up seventh CPC has recommended this hike in an interim report which got 

Govt. approval.

As per information available with us, this move will not benefit those who are going

 to be superannuated in this month or those who are already in extension.

Source : www.paycommissionupdate.blogspot.in

[http://paycommissionupdate.blogspot.in/2014/02/all-set-to-hike-central-retirement-age.html]