Revision of pay scales for staff member of SEBI

The Board, in its meeting held in August 1999, approved that the pay scales prescribed for the
officers of SEBI would be on the pattern of RBI. Accordingly, the staff members are being
extended the pay scales, allowances and other benefits similar to that of RBI with marginal
variations. Pay revision as effected by RBI in 1995, 2001 and 2005 were implemented in SEBI.

The RBI has revised the pay scales and allowances in respect of its staff members in Grades A to
F in September 2010. The revision has been implemented retrospectively with effect from
November 1, 2007. Accordingly, it is proposed to extend the benefits of the revised scales of pay
and allowances to the staff members of SEBI in Grade A to Grade F and other staff members
generally on the lines of RBI. The details of pay scales to be extended to the staff members of
SEBI have been furnished in Annexure I. The details of the pre-revised and revised pay and
allowances in each of the grades have been furnished in Annexure II.

It may be recalled that RBI had separately introduced Special Allowance and Central Banking
allowance (now renamed as Grade Allowance in September 2010) to its officers in November
2005 and January 2007 respectively. However the same was not extended to the staff members in
SEBI. It is now proposed to extend the same to the staff members with prospective effect. All
other allowances and revision of pay shall be implemented retrospectively with effect from
November 1, 2007.

The additional payout per annum for SEBI upon implementation of the aforesaid proposal, for the
existing staff strength, would be approximately ` 14.46 crore.

This memorandum is submitted for information of the Board.

11.I Refixation Chart (Applicable for refixation of pay from 1.2007 to staff members holding permanent / probationary / temporary / officiating appointment in the grade during the said period) ----------------------------------------------------------------------------------------------Staff Members in Grade ‘A’ Staff Members in Grade ‘B’ Staff Members in Grade ‘C’ Existing ` ---------11250 11950 12650 13350 14050 14750 15450 16150 16850 17550 18250 18950 19650 20350 21050 21750 22500 Existing ` ---------13700 14400 15100 15800 16500 17200 17900 18600 19300 20000 20700 21400 22150 22900 23650 24400 Existing ` ---------17525 18225 18925 19625 20325 21025 21825 22625 23425 24225 25025 25825 26625 Fitment ` ---------17100 18100 19100 20100 21100 22100 23100 24100 25100 26100 27100 28100 29100 30100 31100 32100 33200 Staff Members in Grade ‘D’ Existing Fitment ` ` 24875 39850 25675 41050 26475 42250 27275 43550 28075 44850 28875 46150 Fitment ` --------21000 22000 23000 24000 25000 26000 27000 28000 29000 30000 31000 32000 33100 34200 35300 36400 Staff Members in Grade ‘E’ Existing Fitment ` ` 26500 42300 27300 43600 28100 44900 28900 46200 29800 47600 30700 49000 31600 50400 32600 52000 Fitment ` --------28350 29350 30350 31350 32350 33350 34500 35650 36800 37950 39100 40250 41400 Staff Members in Grade ‘F’ ($) Existing Fitment ` ` 28900 60600 29800 60600 30700 60600 31600 60600 32600 60600 33600 62200 34600 63800 35600 65400 67000 .ANNEXURE .

`.f w.f November 1. 2010 2007 ` `(*) 6000 6350 6220 6570 6440 6790 6660 7010 6880 7230 7140 7490 7400 7750 7660 8010 7960 8310 8260 8610 8560 8910 8960 9310 9360 9710 9860 10210 10360 10710 10860 11210 11360 11710 12040 12390 12720 13070 13400 13750 Notes:(*) – As per RBI ($) – In case of Staff Members in Grade ‘F’ who are in the first.e. fourth and fifth stage of pay.e. `.e. In case of Staff Members in Grade ‘F’ who are in the last stage of pay and drawing special pay. the pay shall be fixed at the first stage of revised scale i. the revised pay shall be fixed at the last stage of the revised scale i. second. May 1. 67000/- .e. third. 60600/-.RCTOs Existing ` 10000 10470 10940 11410 11880 12350 12820 13320 13820 14320 14880 15440 16000 16560 17120 17680 18240 Fitment ` 14500 15100 15700 16300 16900 17500 18100 18700 19400 20100 20900 21700 22500 23300 24100 24900 25700 Junior Assistant Existing (as approved by the Board) ` 5450 5670 5890 6110 6430 6750 7070 7390 7820 8250 8680 9110 9640 10170 10700 11400 12100 12800 13500 14200 Revised ` 8040 8450 8860 9270 9770 10270 10770 11270 11820 12370 12920 13470 14120 14770 15420 16140 17130 18120 19110 20100 Cook/Messenger Existing 4550 4660 4810 4960 5110 5300 5490 5680 5920 6160 6400 6700 7000 7360 7720 8080 8560 9040 9520 10000 Revised w.

B AND C) Components Grade C Prerevised Revised Grade B Prerevised Revised Grade A PreRevis revised ed 1 Basic Pay 17525 28350 13700 21000 11250 17100 2 Dearness Allowance 12618 14423 9864 9864 8100 8609 3 Family allowance 701 1100 548 840 450 684 4 Local Allowance Special Compensatory Allowance Provident Fund Board's Contribution 876 1300 685 1050 563 855 500 500 500 500 500 500 3617 5973 2828 4351 2322 3565 5 6 7 Special Allowance 0 2500 0 2500 0 2500 8 Grade Allowance 0 4500 0 2250 0 1500 35837 58646 28125 42997 23185 35313 TOTAL .II OFFICERS (GRADE A TO F) Components Grade F Prerevised Revised Grade E Prerevised Revised Grade D Prerevised Revised Grade C Prerevised Revised 17525 28350 Grade B Prerevised Revised 13700 21000 Grade A Prerevised Revised 11250 17100 1 Basic Pay 28900 60600 26500 42300 24875 39850 2 Dearness Allowance 20808 28805 19080 23174 17910 20033 12618 14423 9864 10506 8100 8609 3 Family allowance 1000 0 1000 1200 995 1200 701 1100 548 840 450 684 4 1200 0 1200 1600 1200 1600 876 1300 685 1050 563 855 625 1000 625 625 500 500 500 500 500 500 500 500 6 Local Allowance Special Compensatory Allowance Provident Fund Board's Contribution 5965 11929 5470 9597 5134 8296 3617 5973 2828 4351 2322 3565 7 Special Allowance 0 0 0 5500 0 2500 0 2500 0 2500 0 2500 8 Grade Allowance 0 10000 0 9000 0 6750 0 4500 0 2250 0 1500 58498 112333 53875 92996 50614 80729 35837 58646 28125 42997 23185 35313 5 TOTAL SECRETARIAL STAFF. ACCOUNTS ASSISTANT AND LIBRARY ASSISTANT (GRADE A.ANNEXURE.

Medical and other benefits Basic Pay Dearness Allowance Family allowance Local Allowance Special Compensatory Allowance Provident Fund Board's Contribution Grade Allowance Special Functional Allowance Washing Allowance Prerevised Revis ed 4550 6350 3276 2754 182 254 228 318 400 400 939 1140 0 400 0 500 200 700 9775 12816 . LFC. Accounts.Messenger / Cook Junior Assistant (Secretarial. Library) Components Components 1 Basic Pay 8040 1 2 Dearness Allowance 3607 2 3 Family allowance 402 3 4 Local Allowance 322 4 5 Provident Fund Board's Contribution 1494 5 6 Grade Allowance 800 6 14664 7 TOTAL 8 9 TOTAL Excluding House allowance.