May 22, 2012

KSRTC pay revision agreement signed

New KSRTC pay revision agreement was signed today . As per the agreement employees will get an increase of amount from Rs.1662 to 6149.
The say revised with effect from 01.03.2003.The new basic pay will be the present basic pay + 64% of this basic pay + 10% of basic pay as fitment benefit .
New basic pay details
employees will get new basic pay with 8 % DA from March 2011 to June 2012. No arrear will be given but will concider for option. New basic pay with 18 % DA from July 2012 and arrears will be given with salary . Empanal wages increased by 30 rupees.

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