In this article, we will talk about "Option Form". Many of the employees do not aware of the fact that an employee has to give option regarding increment on the next higher post. This means you have to decide what will be your next date of increment.
Format of Option Form
It is commonly seen
that many employees after getting promotion face difficulties in filling up
"Option Form". In this post, we will see how is the "Option Form" should
be filled after promotion.
As you can see in the above image there are two points, 1 and 2. If you want your next date of increment from the date of promotion then you have to fill point 1 only. This means that if you get promoted in the month of May and you want to get the next annual increment in this month then you fill Point 1 only. If you want to keep the date of the annual increment of your lower post then you have to fill Point 2. In this way, you can retain your old date of increment.
It should be kept in mind that only one point should be filled up. If you have filled both the points at once then your option becomes invalid.
Pay Fixation as per Option Form
Now we will see how pay is fixed as per option given by the employee. Assume an employee is drawing Basic pay 13970+3600= 17,570/- on the post of Junior Assistant. His date of increment as Junior Assistant is in December. He is promoted on the post of senior assistant and joined on 13-09-2019 forenoon.
Let's see how his pay will be fixed as per option cases:-
If the employee wants to fix his pay from the date of Promotion
When an employee wants to fix from the date of promotion then his pay will be fixed as under:-
Date | Inc. | PB | GP | BP | Remarks |
01-12-2018 | --- | 13970 | 3600 | 17570 | Pay as Jr. Asstt. |
13-09-2019 | 530 | 14500 | 4400 | 18900 | Pay fixed as per option on the date of promotion |
If the employee wants to retain his old date of increment
When an employee wants to fix his pay from his old date of increment then his pay will be fixed as under:-
Date | Inc. | PB | GP | BP | Remarks |
01-12-2018 | --- | 13970 | 3600 | 17570 | Pay as Jr. Asstt. |
13-09-2019 | --- | 13970 | 4400 | 18370 | Pay fixed as per option on the date of promotion |
01-12-2019 530 14500 3600 18100 Annual Increment
01-12-2019 550 15050 4400 19450 Promotional Increment
In the above case, the next date of increment will be 01-12-2020.
In the above case, the next date of increment will be 01-12-2020.
As you can see from the above two cases how basic change as per option exercised by the employee. So option should be exercised very carefully.
Note: This option can be given only within a month from the date of joining as per Revised pay rules 2009.
In the end, we hope this article will help you a lot. Kindly post your comments if you like it and to help others share it with maximum people. Also, follow this website for the latest and useful updates. In case of any query or problem, you can ask in the comment box.
You can also read Instructions related to direct recruitment, Calculation of Earned leave
10 Comments
Which is more beneficial option 1 or 2
ReplyDeleteIt depends upon date of Retirement. In the said example if Date of Retirement is 31-10-20 then option 1 is more beneficial.
DeleteIn option two employee has been more benefitted. In option one only one increment is given
ReplyDeleteNot always. As already said it depends upon date of retirement
DeleteA clerk having pay of rs 12950+3200 gp is promoted as senior assistant in the 4400 grade pay on 18 July 2020. He gave option (ii) and (iv) for the fixation of pay as his annual increment is due on 1st August 2020. How his pay will be fixed ????
ReplyDeleteIn your case pay will be fixed as under:-
ReplyDeleteFrom Pay in Pay Band Inc. Total Pay Grade Pay Basic Pay Rule/Remarks
01-08-2019 ---- ---- 12950 3200 16150 Old pay
Promoted as Senior Assistant in the pay scale of 10300-34800+4400 w.e.f 18-07-2020
18-07-2020 ---- ---- 13020 4400 17420 Pay fixed at Initial
01-08-2020 12950 490 13440 3200 16640 As per rule 11(iv) of RPR,2009
01-08-2020 13440 500 13940 4400 18340 As per rule 11(iv) of RPR,2009
Next increment will be given from 01-08-2021 and so on.
What if one fails to give option in one month
ReplyDeleteAn increment will be given from the date of promotion
DeleteWhat makes making money from online betting? - Work
ReplyDeleteFrom หาเงินออนไลน์ its roots as an online betting site, Betway has 바카라 become one 샌즈카지노 of the most successful betting sites in the business, with over 2000 employees
If a employee is a salesman in a cooperative society having pay Rs. 6150+1900=8050 and is promoted as Secretary having grade pay 2400 and initial pay 9880 on 12.10.2020. The date of previous increment as salesman was 01.05.2020. How will be salary fixed if he chooses option (ii) as explained above.
ReplyDelete