The Union Cabinet today approved the proposal to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.01.2014, in cash, but not before the disbursement of the salary for the month of March 2014 at the rate of 10 percent increase over the existing rate of 90 percent.
Hence, Central Government employees as well as pensioners are entitled for DA/DR at the rate of 100 percent of the basic with effect from 01.01.2014. The increase is in accordance with the accepted formula based on the recommendations of the 6th Central Pay Commission.
The combined impact on the exchequer on account of both dearness allowance and dearness relief would be Rs. 11074.80 crore per annum and Rs. 12920.60 crore in the financial year 2014-15 ( i.e. for a period of 14 months from January 2014 to February 2015).
– PIB
Any news for CPF beneficiaries
I think the task merger of DA/DR has been given to the Committee of 7 CPC and will be decided by this committee. Hoping 50% merger of DA/DR will be recommended soon or otherwise there may also have some instances for grant of Intrim Relief for the time being to facilitate the Central Govt employees till that time the recommendations by the 7 CPC are projected to the Govt. This all will be completed by the new Govt. We also hope this to be announced before the current elections to facilitate the vote bank by the present Govt.
But there is no mention of the per centage merger of DA/DR with pay/pension . We do not know how long we have to wait.