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LATEST CENTRAL GOVERNMENT EMPLYOEES NEWS
Central Govt Holidays 2023 | Dopt Orders on Holidays 2023
38% DA Order for Central Govt Employees wef 01.07.2022 - Finmin Orders 2022
Revised Rates of HRA 27%, 18% and 9% from 01.01.2021 - Finmin Orders 2021


Kendriya Vidyalaya Class 1 Online Admission 2023-24 Latest Updates
Kendriya Vidyalaya Online Registration for Class 1 Admission 2023-24 will commence from 27.03.2023 (Monday) 10 'o' Clock Onwards
Kendriya Vidyalaya Admission Schedule 2023-2024
KV Admission Age Limit 2023-24
KVS Admission Guidelines 2023-24 PDF

LATEST CENTRAL GOVERNMENT PENSIONERS NEWS
OROP-2 Pension Revision Table 1 to 121 for Defence Pensioners wef 1.7.2019
Annual Increment Due on 1st July to the Employees Retiring on 30th June
Notional Increment on the Day of Superannuation
FR 56(j) of CCS (Pension) Rules age of 50 years or on Completion of 30 years of Service
Coverage under CCS (Pension) Rules CG employees appointment before and after 01-01-2004

Dearness Relief to Bank Pensioners for the period February 2023 to July 2023

February 2, 2023

Central Govt Holiday List 2023 PDF | Holiday Calendar 2023 India

Dearness Relief to Bank Pensioners from February 2023 to July 2023 – IBA Order 2023

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

NO.CIR/HR&IR/D/G2/2023-24/11710
February 1, 2023

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 February 2023 to July 2023

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December, 2022 are as follows:-

  • October 2022 – 8710.36
  • November 2022 – 8710.36
  • December 2022 – 8697.22

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

Pending amendments to Pension Regulations. Banks may pay on ad hoc basis, the Dearness Relief payable to pensioners for the period February 2023 to July 2023 as per Annexure.

Yours faithfully,
Sd/-
Brajeshwar Sharma
Senior Advisor (HR&IR)

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 February 2023 to July 2023 Average Index Slabs
2026
8705
(i) Upto Rs.1250 1357. 42 per cent.
(ii) Rs.1251 to Rs.2000 Rs. 16967.75 plus 114.30 percent of basic pension in excess of Rs.1250.00
(iii) Rs.2001 to Rs.2130 Rs. 25325.00 plus 668.58 percent of basic pension in excess of Rs.2000.00
(iv) Above Rs.2130 Rs. 26194.15 plus 344.42 percent of basic pension in excess of Rs.2130.00

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 February 2023 to July 2023 Average Index Slabs
1889
8705
(i) Upto Rs.2400 661.15 per cent.
(ii) Rs.2401 to Rs.3850 Rs. 15867.60 plus 547.81 percent of basic pension in excess of Rs.2400.00
(iii) Rs.3851 to Rs.4100 Rs. 15867.60 plus 547.81 percent of basic pension in excess of Rs.3850.00
(iv) Above Rs.4100 Rs. 24613.66 plus 170.01 percent of basic pension in excess of Rs.4100.00

PART-III

Dearness Relief to Pensioners who retired on or after 1st day of April, 1998.

BASIC PENSION Dearness relief for the months February, 2023 to July 2023 Average Index Slabs
1755
8705
(i) Upto Rs.3550 421.2 per cent.
(ii) Rs.3551 to Rs.5650 Rs. 14952.60 plus 351.00 percent of basic pension in excess of Rs.3550.00
(iii) Rs.5651 to Rs.6010 Rs. 22323.60 plus 210.6 percent of basic pension in excess of Rs.5650.00
(iv) Above Rs.6010 Rs. 23081.76 plus 105.3 percent of basic pension in excess of Rs.6010.00

PART-IV

Dearness Relief to Pensioners who retired on or after 1st day of November, 2002.

Average Index (CPI) for quarter ended December 2022 8705
No. of Slabs 1604
Rate of dearness relief on pension for the months January 2023 to July 2023 288.72 % of basic pension
(ignore decimals from 3rd place onwards)

PART-V

Dearness Relief to Pensioners who retired on or after 1st day of November, 2007.

Average Index (CPI) for quarter ended December 2022 8705
No. of Slabs 1467
Rate of dearness relief on pension for the months February 2023 to July 2023 220.05 % of basic pension
(ignore decimals from 3rd place onwards)

PART-VI

Dearness Relief to Pensioners who retired on or after 1st day of November, 2012.

Average Index (CPI) for quarter ended December 2022 8705
No. of Slabs 1066
Rate of dearness relief on pension for the months February 2023 to July 2023 106.60% of basic pension
(ignore decimals from 3rd place onwards)

PART-VII

Dearness Relief to Pensioners who retired on or after 1st day of November, 2017.

Average Index (CPI) for quarter ended December 2022 8705
No. of Slabs 588
Rate of dearness relief on pension for the months February 2023 to July 2023 41.16% of basic pension
(ignore decimals from 3rd place onwards)

Dearness Relief to Bank Pensioners from February 2023 to July 2023


Related News:

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  2. DR to Pre 1986 Bank Retirees from February 2023 to July 2023
  3. DR to Pre 1986 Bank Retirees from August 2022 to January 2023
  4. DA for Bank Employees from August 2022 to October 2022
  5. Bank DA Rate from Feb 2023 to April 2023 at 41.16% for Workmen and Officer Employees
  6. DA for Bank Employees from May 2022 to July 2022
  7. 32% DR to Central Freedom Fighter Pensioners from 01.01.2022
  8. 34% DA for Central Govt Employees and Pensioners wef 01.01.2022
  9. Cabinet Approves Additional 4% DA for Central Government Employees from 01.07.2022
  10. 36% DR to Central Freedom Fighter Pensioners from 01-07-2022

ALLOWANCE NEWS

Counting Leave without Allowance as Qualifying Engagement for Grant of Annual Increment to GDS

Revised Rate of DA from Jan 2023 at 37.2% to CPSE Employees for 2017 Pay Scales

Payment of DA from Jan 2023 at 201.2% to CPSE Employees for 2007 Pay Scales

408.4 Percent DA from Jan 2023 to CPSEs 1997 Pay Scales

Allowances Applicable to Central Government Employees – Dopt Order 2022

GDS Latest News

Counting Leave without Allowance as Qualifying Engagement for Grant of Annual Increment to GDS

March 13, 2023 By admin Leave a Comment

Processing of Transfer Applications of GDS under Limited Transfer Facility through GDS Online Transfer Portal

November 29, 2022 By admin Leave a Comment

Processing of Transfer Applications of GDS – DoP

September 21, 2022 By admin 2 Comments

Review of the Scheme for Engagement of the Dependent of a Deceased GDS on Compassionate Grounds

June 7, 2022 By admin 1 Comment

34 Percent DA Order to GDS Employees wef 1.1.2022

April 12, 2022 By admin Leave a Comment

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