Home Blog Page 39

Cabinet approves Unified Pension Scheme for Central Govt Employees

Cabinet approves Unified Pension Scheme for Central Govt Employees

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, approved the Unified Pension Scheme (UPS) on 24th Aug, 2024

The salient features of the UPS are:

  • Assured pension: 50% of the average basic pay drawn over the last 12 months prior to superannuation for a minimum qualifying service of 25 years. This pay is to be proportionate for lesser service period upto a minimum of 10 years of service.
  • Assured family pension: @60% of pension of the employee immediately before her/his demise.
  • Assured minimum pension: @10,000 per month on superannuation after minimum 10 years of service.
  • Inflation indexation: on assured pension, on assured family pension and assured minimum pension Dearness Relief based on All India Consumer Price Index for Industrial Workers (AICPI-IW) as in case of service employees
  • lump sum payment at superannuation in addition to gratuity 1/10th of monthly emoluments (pay + DA) as on the date of superannuation for every completed six months of service this payment will not reduce the quantum of assured pension

– PIB

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

DOPT Invites Applications: Extended Deadline for Service Association Recognition under CCS (Recognition) Rules, 1993

DOPT Invites Applications: Extended Deadline for Service Association Recognition under CCS (Recognition) Rules, 1993

F. No. 17/1/2022-R&R and DC
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Personnel and Training

3rd Floor, Lok Nayak Bhawan,
Khan Market, New Delhi โ€” 110 003.
Dated the 16th Aug, 2024

OFFICE MEMORANDUM

Subject: Inviting of applications for grant of recognition to service associations under the Central Civil Services (Recognition of Service Associations) Rules, 1993- Extension of deadline thereof- reg.

The undersigned is directed to refer to this departmentโ€™s OM of even number dated 03.07.2024 (copy enclosed) and to say that the deadline for receiving applications for grant of recognition to service associations under Central Civil Services (Recognition of Service Associations) Rules, 1993 is extended till 31.08.2024. Applications, if any, received after the said date will not be entertained.

This issues with the approval of the competent authority.

(A.K. Dahiya)
Under Secretary to the Govt. of India
Tel No. 011-24651898

To

1. The Secretaries, All Ministries/Departments of the Govt. of India.

2. NIC, DoPT, North Block with a request to upload this O.M. under whatโ€™s new section of DOPTโ€™s website.

F. No. 17/1/2022-R&R and DC
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Personnel and Training

3rd Floor, Lok Nayak Bhawan,
Khan Market, New Delhi โ€” 110 003.
Dated the 03rd July, 2024

OFFICE MEMORANDUM

Subject: Inviting of applications for grant of recognition to service associations under the Central Civil Services (Recognition of Service Associations) Rules, 1993- reg.

Applications are invited under rule 5 of the Central Civil Services (Recognition of Service Associations) Rules, 1993, for grant of recognition to service associations. The service associations of Central Secretariat Service (CSS), Central Secretariat Stenographers Service (CSSS) and Central Secretariat Clerical Service (CSCS), who wish to seek recognition, are requested to submit applications latest by 14.08.2024. The application made for recognition of the service association should contain the following:

(i) Memorandum of Association;
(ii) Constitution/Bye-laws of the Association;
(iii) Names of the Officer- Bearers of the Association; and
(iv) Estimated membership of the Association.

2. A copy of Central Civil Services (Recognition of Service Associations) Rules, 1993 and DoPT OM No. 2/10/80-JCA dated 31.01.1994 are enclosed for perusal.

3. This issues with the approval of the competent authority.

(A.K. Dahiya)
Under Secretary to the Govt. of India
Tel No. 011-24651898

To

1. All Ministries/Departments of the Govt. of India.

2. NIC, DoPT, North Block with a request to upload this O.M. under whatโ€™s new section of DoPTโ€™s website.

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Comprehensive Guidelines for Nationwide Digital Life Certificate Campaign 3.0: DOPPW released O.M on 09.08.2024

Department of Pension and Pensioners Welfare issues guidelines for Nationwide Digital Life Certificate Campaign 3.0

The Department of Pension and Pensioners Welfare notified the guidelines for the 3rd Nation-wide Digital Life Certificate campaign which will be held in 800 cities/ Districts across India from November 1-30, 2024.

Pensioners have to submit Life Certificate every year in the month of November for continuation of pension., for digital empowerment of pensioners to submit digital life certificates using bio-metric devices, iris scanner, video-KYC, through the Gramin Dak Sevaks using the IPPB App and door step delivery of service by Public Sector Banks for Super Senior Pensioners.

The Nation-wide Campaign will be coordinated by Department of Pension and Pensioners Welfare in collaboration with Ministries/ Departments, Pension Disbursing Banks, Pensionersโ€™ Welfare Associations, CGDA, UIDAI & MeitY.

The DLC 1.0 campaign was held in 37 cities in the month of November 2022, under which 35 lakh Central Government Pensioners submitted DLCโ€™s across India. The DLC Campaign 2.0 was held at 597 locations in 100 cities in November, 2023 under which 45.46 lakh Central Government Pensioners submitted their DLCโ€™s. The DLC Campaign 3.0 will be the largest ever campaign and seeks to achieve higher digital empowerments of pensioners with a saturation approach.

The DLC Campaign 3.0 will be monitored on the DLC campaign portal on real-time basis. All Pension Disbursing Banks will formulate the Campaign plans including Camp locations/ dates/ nodal officers which will be shared on the DLC campaign portal. The Pensioner Welfare Associations will coordinate with the Pension Disbursing Banks for dissemination of information to all Pensioners. Central Government Pensioners, Defence Pensioners and EPFO Pensioners can submit the DLCโ€™s under the DLC Campaign 3.0.


File No. 1 (2)/2023-P&PW(H)-8869
Government of India
Ministry of Personnel, PG & Pensions
Department to Pension & Pensionersโ€™ Welfare

3rd floor, Lok Nayak Bhawan
Khan Market, New Delhi

9th August, 2024

OFFICE MEMORANDUM

Subject: Comprehensive Guidelines for the Nation-wide Digital Life Certificate Campaign 3.0, November 1st to 30th, 2024

The undersigned is directed to say that Central Government Pensioners have to submit a Life Certificate in the period 1-30 November every year for continuation of pension. Digital Life Certificate i.e Jeevan Pramaan can also be submitted by Face Authentication from an Android smart phone. This is in addition to other modes of submitting Digital Life Certificate, such as through bio-metric device/iris scanner, Video KYC, LC through the Gramin Oak Sevaks by using the App of India Post Payments Bank and Door-step service by the consortium of Public Sector Banks.

In order to conduct this Campaign, DoPPW shall obtain the support of the following stake-holders:

2. In 2014, Government launched the Digital Life Certificate (Jeevan Pramaan) based on Aadhar Database. There is a special provision for pensioners aged 80 years and above to submit their Life Certificates in the month of October to ensure continuity of their pension.

3. With a view to spread awareness amongst all the Central Government pensioners as well as the Pension Disbursing Authorities for use of DLC through Face Authentication Technology, DoPPW had organized two Nation-wide Campaigns in collaboration with Banks, Pensionersโ€™ Welfare Associations, DoT, CGDA, UIDAI & MeitY. The first such campaign was held in 37 cities in the month of November 2022, resulting in use of DLC by approximately 35 Lakh Central Government Pensioners across India. The second campaign was held at 600 locations in 100 cities in November, 2023 and resulted in DLC submission by more than 45.46 lakh Central Government pensioners.

4. DoPPW shall now be conducting the Nation-wide DLC Campaign 3.0 in 800 cities and towns covering all district HQs, from 1st to 30th November, 2024. The objective of this Campaign is to promote increased use of Face Authentication Technology and other DLC modes with a target of reaching out to all pensioners, including those in the remotest corners of the country. The SOP regarding the technique of ยทssuing DLC through Face Authentication is attached for reference.

5. In order to conduct this Campaign, DoPPW shall obtain the support of the following stake-holders:

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Non-Functional upgradation for Officers of Organized Group โ€˜Aโ€™ Services: DOPT O.M dt 19.08.2024

Non-Functional upgradation for Officers of Organized Group โ€˜Aโ€™ Services: DOPT O.M dt 19.08.2024

File No. AB.14017/30/2011-PP.(RR) Vol. III
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training

New Delhi, 19th August, 2024

OFFICE MEMORANDUM

Subject: Non-Functional upgradation for Officers of Organized Group โ€˜Aโ€™ Services.

In terms of para l(iv) of this Department OM No.AB.14017/64/2008-Estt.(RR) dated 24.04.2009, regarding Non-Functional Upgradation for officers of Organised Group โ€˜Aโ€™ Services (OGAS), the details of batch of the officers belonging to the Indian Administrative Service who have been posted at the Centre in various grades were issued from time to time.

2. The details of the batch of IAS officers posted in the Centre in the grades of Deputy Secretary, Director, Joint Secretary and Additional Secretary as well as the date of posting of the first officer belonging to the respective batches in 2024 are indicated in the table below:

S. NoBatch and Level in IASDate of Appointment at the CentreBatch of Organized Group โ€˜Aโ€™ service to be considered for NFU
1.1999 as Additional Secretary06.08.20241997 & earlier w.e.f 06.08.2024
2.2008 as Joint Secretary06.08.20242006 & earlier w.e.f 06.08.2024
3.2010 as Director01.01.20242008 & earlier w.e.f. 01.01.2024
4.2015 as Deputy Secretary02.02.20242013 & earlier w.e.f. 22.02.2024

3. Grant of higher pay scale under Non-Functional Upgradation is subject to the terms and conditions provided in Annex-I to OM dated 24.4.2009. Para 3 of the Annex-I states that all the prescribed eligibility criteria and promotional norms including โ€˜benchmarkโ€™ for up-gradation to a particular grade pay, have to be met, at the time of screening.

4. Therefore, officers belonging to OGAS, who are at least two batches senior to the batch of the IAS officers mentioned in the table below Para-2, and who are otherwise eligible and fulfill the eligibility conditions for promotion including completing of prescribed eligibility service in the respective feeder grades, as on the crucial date of eligibility for promotion to the above grades, but have not been granted promotion to these grades, Shall be eligible to be considered for grant of NFU in: Level-15, Level-14, Level-13 or Level-12 of Pay matrix, as the case may be, with effect from the dates mentioned above.

Hindi version will follow.

(Santanu Dhar)
Under Secretary to Government of India

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Deputation of Group ‘A’ Officers of the Central Government to State Governments/UTs- Modification in guidelines : DOPT O.M dt 13.08.2024

Deputation of Group ‘A’ Officers of the Central Government to State Governments/UTs- Modification in guidelines : DOPT O.M dt 13.08.2024

No 6/8/2023-Pers. Policy (Deputation/Re-employment) Pt.XV(Part)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel & Training

North Block, New Delhi
Dated the 13th August, 2024

OFFICE MEMORANDUM

Subject: Deputation of Group ‘A’ Officers of the Central Government to State Governments/UTs- Modification in guidelines – regarding.

The ‘undersigned is directed to invite reference to the D/o Personnel & Training’s O.M No. 6/8/2023-Pers. Policy (Deputation/Re-employment) Pt.XV dated 15.03.2024 on the subject mentioned above.

2. Attention is drawn to the provisions contained in Paras 3 (xviii) of the OM wherein it was stipulated that the designated Committee referred therein shall review all cases of Group ‘A’ officers of the Central Government seeking extension of the deputation beyond 3 years, and only those cases recommended by the Committee for extension of deputation beyond 3 years would be placed before the Appointments Committee of the Cabinet (ACC) for consideration. it was further provided that as a one-time Measure, the said Committee shall also review the present cases of deputation to State Government/UT Administration and PSUs/Autonomous Bodies/Statutory Bodies/Universities/Local Bodies under the States/UT Administration where the remaining tenure of the officer is six months or more. It was mentioned that the Committee, after review, shall give its recommendation for continuation of the officer till the end-of term of deputation to the ACC for consideration.

3. It was. indicated in para 3(xix) of the OM that the Cadre Controlling Authorities shall consider all cases of deputation of Group ‘A’ officers of Central Govt. to .State Government/ UT including PSUs/Autonomous were requested to consider all cases of deputation of Group ‘A’ officers of Central Government to State Government/UT including PSUs/Autonomous. Bodies/Statutory Bathes/Universities/Local Bodies under the State Govt./UT Administration, keeping in view the guidelines contained in the OM and submit such cases to this Department, along with the approval of the Minister in-Charge for consideration and approval of the Appointments Committee of the Cabinet.

4. It is, however, observed that except a few cases ‘referred by the administrative Ministries/Departments Concerned, this Department has not received details of cases which are due for review in the light of the instructions issued vide this Department’s OM dated 15.03.2024. .

5. It is impressed upon Ministries/Departments/ Offices to. ensure strict compliance of the instructions issued vide this Departments O.M ,No, 6/8/2023- Pers .Policy (Deputation/Re-employment) dated 15.03.2024. They are once again requested to review all the cases due for review in light of these instructions and submit the same, along with the approval of the Minister in-Charge, for consideration of the designated Committee and approval of the ACC. Ministries/Departments/Offices are also requested to provide list of the cases due for review in the wake of the said instructions and furnish details of such cases in the enclosed proforma by 20.08.2024 positively at the email address โ€” m.kumarl [email protected].

(Mahesh Kumar)
Under Secretary to the Government of India

To
All Ministries/Departments of the Govt. of India

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Special Campaign for DAD Pensioners: Grievance Resolution : CGDA Order

Special Campaign for DAD Pensioners: Grievance Resolution : CGDA Order

CONTROLLER GENERAL OF DEFENCE ACCOUNTS
Ulan Batar Road, Palam, Delhi Cantt- 110010

No. PENS-570203)01)/2024-PENS

Dated: 05.08.2024

To

Pr. Controllers/ Controllers (As per Annexure โ€˜Aโ€™)

Sub: Special Campaign for DAD Pensioners: Grievance Resolution.

It has been decided by the Competent Authority that a special campaign from 05th August to 15th September 2024 will be organized by all Pr. Controllers/ Controllers offices for reaching out to DAD Pensioners settled across the country and for redressal of their grievances and any issues which remains unresolved. The aim is to connect with ex-DAD employees through a network of Defence Accounts offices spread across the country and seek their grievances at local level and then to redress them in a time bound manner.

2. The following methodology is proposed to be adopted by Pr. Controller/ Controllers office for reaching out to the ex-DAD pensioners for redressal of their grievances:

I. PCsDA/ CsDA are requested to launch special campaign in accordance with SOP [enclosed as Annexure โ€˜Aโ€™] to reaching out to the DAD pensioners settled in various parts of the country through the DAD Offices in different stations through website, social media and other means i.e. putting up banners at DAD Offices & residential areas, CGHS dispensaries, CSD canteens, SSCs and other such spots which are frequented by the DAD pensioners.

II. For this purpose, a indicative Banner [format enclosed as Annexure โ€˜Bโ€™] has been designed by HQrs. Office and same is enclosed herewith for displaying on the websites, notice boards of field offices, SPARSH Centers and other places which see good turn out of ex-DAD pensioners. Pr. Controllerโ€™ Controllers offices will incorporate their office e-mail ID on banner so that pensioners can submit their application through e-mail also. The format of banner can be suitably customized as per the local requirements.

III. Format for application enlcosed [Annexure โ€˜Cโ€™] for pensioner may be hosted on website of PCsDA/ CsDA.

IV. Ex-DAD employees/ ex-Pensioners may also be conveyed to submit the application in the above format only to the nearest local office who will transmit the same to their concerned PCsDA/ CsDA.

V. On receipt of these applications the concerned PCsDA/ CsDA will examine the applications and segregate them into pension & other issues & forward them to PCDA (Pension) & concerned PCsDA/ CsDA respectively.

VI. PCsDA/CsDA are requested to forward a weekly report to this Hqrs. Office for compilation and kind perusal for Management Board on e-mail [cgda-atpension.dad[at]hub.nic.in] in below mentioned format:- :

VII. Dy. CGDA (Pension) Shri Saurabh, will be the nodal officer at two office for the campaign. He can be contacted at telephone @ <011-25665534>

VIII. Weekly VCs will be held by the CGDA w.e.f. from 12th Augustโ€™ 2024 to review the status of the campaign.

IX. Grievances is to be initiated through SPARSH Portal. SSC/CSC/Nodal officer may help the pensioners in this regard.

This issues with approval of the CGDA.

Encl: As above.

(Molly Sengupta)
Jt. CGDA (Pension)

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Dearness Relief to Bank Pensioners from Aug 2024 to Jan 2025 after DR Neutralization: IBA Order

Dearness Relief to Bank Pensioners from Aug 2024 to Jan 2025 after DR Neutralization: IBA Order

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2024-25/1320
August 7, 2024

Designated Officers of all Member Banks
which are parties to the Bipartite Settlement on Pension

Dear Sir/ Madam,

Dearness Relief payable to Pensioners for the period August 2024 to January 2025

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers for the quarter ended June 2024 are as follows:-

Month & Year1960 = 100 series2016 = 100 series
April 20249163.96139.4
May 20249196.83139.9
June 20249295.44141.4
CPI Average92 18.74140.23

In terms of Regulation 37 of Bank Employeesโ€™ Pension Regulations, 1995 Dearness Relief is payable to pensioners at rates specified in Appendix II to the Regulations.

Further, we draw your attention to our circular HR&IR/MBR/G2/0533 dated 16.10.2023, wherein we have communicated about DR neutralization for pre 01.11.2002 retirees and family pensioners. The amount of ex-gratia to be paid, to a group of pensioners, was also mentioned therein.

Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the Dearness Relief payable to pensioners for the period August 2024 to January 2025 as per Annexure.

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)

Annexure

PART-I
Dearness Relief to pensioners who retired on or after 1st day of January,1986, but before the 1st day of November,1992/1st July, 1993
Average Index (CPI) for quarter ended June 2024 9218.74
No. of Slabs 2154
Rate of dearness relief on pension for the months August 2024 to January 2025 1443.18% of basic pension
(iqnore decimals from 3rd place onwards)
PART-II
Dearness Relief to pensioners who retired on or after 1st day of November,1992/1st July, 1993
Average Index (CPI) for quarter ended June 2024 9218.74
No. of Slabs 2017
Rate of dearness relief on pension for the months Augustย 2024 to January 2025 705.95% of basic pension
ย (ignore decimals from 3rd place onwards)

ย 

ย 
PART-III
Dearness Relief to pensioners who retired on or after 1st day of April,1998.
Average Index (CPI) for quarter ended June 2024 9218.74
No. of Slabs 1883
Rate of dearness relief on pension for the months August 2024 to January 2025 451.92% of basic pension
(ignore decimals from 3rd place onwards)

ย 

ย 
PART-IV
Dearness Relief to pensioners who retired on or after 1st day of November, 2002.
Average Index (CPI) for quarter ended June 2024 9218.74
No. of Slabs 1732
Rate of dearness relief on pension for the months August 2024 to January 2025 311.76% of basic pension
(iqnore decimals from 3rd place onwards)

ย 

PART-V
Dearness Relief to pensioners who retired on or after 1st day of November,2007 .
Average Index (CPI) for quarter ended June 2024 9218.74
No. of Slabs 1595
Rate of dearness relief on pension for the months Augustย  2024 to Januarv 2025 239.25% of basic pension
(iqnore decimals from 3rd place onwards)

ย 

PART-VI
Dearness Relief to pensioners who retired on or after 1st day of November,2012 .
Average Index (CPI) for quarter ended June 2024 9218.74
No. of Slabs 1194
Rate of dearness relief on pension for the months August 2024 to January 2025 119.40 % of basic pension
(ignore decimals from 3rd place onwards)

ย 

PART-VII
Dearness Relief to pensioners who retired on or after 1st day of November, 2017.
Average Index (CPI) for quarter ended June 2024 9218.74
No. of Slabs 716
Rate of dearness relief on pension for the months Augustย ย  2024 to January 2025 50.12 % of basic pension
(ignore decimals from 3rd place onwards)

ย 

PART-VIII
Dearness Relief to pensioners who retired on or after 1st day of November, 2022
Average Index (CPI) for quarter ended June 2024 140.23
No.of Points 17.20
Rate of dearness relief on pension for the months Augustย ย  2024 to January 2025 17.20% of basic pension
(ignore decimals from 3rd place onwards)

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Dearness Relief from Aug 2024 to Jan 2025 to surviving pre 1.1.1986 retirees of banks

Dearness Relief from Aug 2024 to Jan 2025 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2024-25/1321
August 7, 2024

Designated Officers of all Nationalised Banks and State Bank of India

Dear Sir/Madam,

Dearness Relief payable for the period August 2024 to January 2025 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia

As per the directive contained in the Government of India, Ministry of Finance Department of Economic Affairs (Banking Division) letter F.No.11/2/2012-IR dated 17.12.2013, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period August 2024 to January 2025 on Ex-gratia will be as under:

Applicable CPI Average ย  Amount of Ex-gratia per month Rates of Dearness Relief Amount of Dearness Relief per month Total Ex-gratia amount including Dearness Relief per month
9122.33 Pre 1.1.86 Retirees 350 1443.18 5051.13 5401.13
Surviving spouses of pre1.1.86 retirees 175 1443.18 2525.57 2700.57

2. However, you may be guided by IBA circular HR&IR/MBR/743/2022-23/11722 dated February 7, 2023, wherein we have sent an advisory to Banks, to consider additional ex-gratia payment over and above the amount being paid as per DFS guidelines so as to ensure that the surviving pre 1986 retired employee / surviving spouse of pre 1986 retired employee get a minimum of Rs.10000/- per month as Ex-gratia.

Yours faithfully,

(Brajeshwar Sharma)
Senior Advisor (HR&IR)

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Dearness Relief to Bank Pensioners from Aug 2024 to Jan 2025 โ€“ DR neutralization for pre-November 2002 retirees

Dearness Relief to Bank Pensioners from Aug 2024 to Jan 2025 โ€“ DR neutralization for pre-November 2002 retirees

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2024-25/ 1322
August 7, 2024

Designated Officers of all Member Banks
which are parties to the Bipartite Settlement on Pension

Dear Sir/ Madam,

Dearness Relief payable to Pensioners for the period August 2024 to January 2025

Please refer to our Circular No.CIR/HR&IR/D/G2/2024-25/1320 dated 7.08.2024, wherein we had provided the rates at which Dearness Relief payable to Pensioners / family pensioners, for the period of August 2024 to January 2025, after implementation of DR neutralization for pre-November 2002 retirees / family pensioners.

2.To facilitate those who are yet to implement our letter HR& IR/MBR/02 /0533 dated 16.10.2023, in addition to the contents of our above mentioned circular dated 07.08.2024, they may pay on ad hoc basis (Pending amendments to Pension Regulations), the Dearness Relief payable to pensioners for the period August 2024 to January 2025 as per Annexure-I

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)

Annexure I

PART- I
Dearness Relief to pensioners who retired on or after 1st day of January ,1986, but before the 1st day of November,1992/1st July, 1993
BASIC PENSION Dearness relief for the months August 2024 to January 2025 Slabs
2154
Average Index 9218.74
ย (i) ย Upto Rs.1250 ย 1443.18 per cent.+ Rs. 800/-
(ii) Rs.1251 to Rs.2000 1184.70 per cent.+ Rs. 450/-
(iii) Rs.2001 to Rs.2130 710.82 per cent.
(iv) Above Rs.2130 366.18 per cent.
PART- II
Dearness Relief to pensioners who retired on or after 1st day of November,1992/1st July, 1993
BASIC PENSION Dearness relief for the months August 2024 to January 2025 Slabs
2017
Average Index 9218.74
ย (i) ย Upto Rs.2400 ย 705.95 per centย + Rs.ย 800/-
(ii) Rs.2401 to Rs.3850 584.93 per cent + Rs. 450/-
(iii) Rs.3851 to Rs.4100 342.89 per cent
(iv) Above Rs.4100 181.53 per cent

ย 

ย PART- III
ย Dearness Relief to pensioners who retired on or after 1st day of April,1998.
BASIC PENSION Dearness relief for the months August 2024 to January 2025 Slabs
1883
Average Index 9218.74
(i) Upto Rs.3550 451 .92 per cent. + Rs. 800/-
(ii) Rs.3551 to Rs.5650 376.60 percent + Rs. 450/-
(iii) Rs.5651to Rs.6010 225.96 percent
(iv) Above Rs.6010

112.98 percent

ย 

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

DA for Bank Employees from Aug 2024 to Oct 2024 as per 12th BPSโ€“ IBA ORDER

DA for Bank Employees from Aug 2024 to Oct 2024 as per 12th BPSโ€“ IBA ORDER

HR & Industrial Relations

No.CIR/HR&IR/76/D/2024-25/1318
August 7, 2024

All Members of the Association
(Designated Officers)

Dear Sir/ Madam,

Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September and October 2024 under XII BPS/ 9TH Joint Note dated 08.03.2024

The confirmed All India Average Consumer Price Index for Industrial Workers (Base 2016 =100) for the quarter ended June 2024 are as follows:-

April 2024 โ€“ 139.4
May 2024 โ€“ 139.9
June 2024 โ€“ 141.4

The average CPI of the above is 140.23 and accordingly the number of points over 123.03 are 17.20 (140.23 โ€“ 123.03) The last average quarterly CPI was 139. Hence, there is an increase of 1.23 points for August, September & October 2024.

Also check : DA Calculator for Bank Employees

In terms of clause 13 of the 12th Bipartite Settlement dated 08.03.2024 and clause 2 (i) of the Joint Note dated 08.03.2024, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of August, September & October 2024 shall be 17.20% of โ€˜payโ€™ (0.01% change in DA on โ€˜payโ€™ for change in every second decimal place of CPI 2016 over 123.03 points)

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Just In