DA for Bank Pensioners from Aug-19 to Feb-20
The percentage of Dearness Relief (DR) payable to the bank pensioners for the half year August 2019 to January 2020 will be as under.
- Retired on or after 1.11.2012: Average index: 7167 (681 slabs)
| No of slabs | Rate per Slab @ | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 681 | 0.10 | 68.10% | Basic Pension × 68.10% |
- Retired on or after 1.11.2007 up to 31.10.2012: Average index 7167 (1084 slabs)
| No of slabs | Rate per Slab | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 1084 | 0.15 | 162.60% | Basic Pension× 162.60 % |
- Retired on or after 1.11.2002 and up to 31.10.2007 Average index 7167 (1219 slabs)
| No of slabs | Rate per Slab | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 1219 | 0.18 | 219.42% | Basic Pension× 219.42 % |
- Retired on or after 01.04.1998 till 31.10.2002 Average index number7167: (1370 slabs)
| Basic pension (before commutation) | DR amount |
| Up to basic pension 3550 | Basic Pension×328.80 % |
| Basic pension from 3551 to 5650 (2100) | 11672.40 + for the basic pension in excess of @274% |
| Basic pension from 5651 to 6010 (360) | 17426.40 +for basic pension in excess of 5650 up to 6010 @ 164.40% |
| Basic pension 6011 and above | 18018.24 + for the basic pension in excess of 6010 @ 82% |
- Retired on or after 1.11.92/1.7.93 up to 31.3.98 Average index 7167 (1504 slabs)
| Basic pension (before commutation) | DR Amount |
| Up to basic pension 2400 | 526.40% × basic pension |
| Basic pension from 2401 to 3850 (1450) | 12633 + from 2401 up to 3850 @ @436.16% |
| Basic pension from 3851 to 4100 (250) | 18957.32 + for pension in excess of 3851 up to 4100 @ 255.68% |
| Basic pension 4101 and above | 19596.32. +for pension in excess of 4100 @ 135.09% |
- Retired on or after 1.1.86 and before 1stNovember 1992/1st July 1993 and before 01.11.2002
Average index number 7167 (1641 slabs)
Retired on or after 1.1.86 and before 1stNovember 1992/1st July 1993 and before 01.11.2002
600 points merger 7167-600= 6567/4=1641 slabs
| Basic pension | DR amount on 1641 slabs |
| Basic pension up to 1250 | Basic Pension ×1099.47% |
| Basic pension from 1251 to 2000 (750) | Rs.13743.37+for the basic pension in excess of Rs.1250 @902.55% |
| Basic pension from 2001 to 2130 (130) | Rs.25025.24+for the basic pension in excess of Rs.2000@541.53% |
| Basic pension from 2131 above | Rs.25729.22 for the basic pension in excess of Rs.2130 @ 27897% |
Regional Rural Banks' 30k retirees set to get pension
The government has directed the National Bank for Agriculture & Rural Development (Nabard) to implement the long-awaited pension scheme for 30,000-odd regional rural bank
retirees, who have won a protracted legal battle demanding parity in
pension with nationalised bank employees in April this year.
The government has sent a communication to all regional rural bank
chairmen and chief executives of their sponsor banks to execute the
decision. “Nabard has been requested to comply with the orders of the Supreme Court,” said the communication dated August 16.
Retired RRB employees will get pension at par with their
counterparts in nationalised banks with effect from April this year. The
Department of Financial Services
has decided that employees, who were in service as on September 1,
1987, will be eligible for the pension, while those who joined RRBs
before April 1, 2018, will come under this scheme. The Supreme Court has directed the government to implement the
pension scheme within three months, while the government is yet to issue
a final notification.
“It is already late and obviously beyond the time limit fixed by the
court, and we still expect the issuance of final order or notification
from the government or Nabard,” said S Venkateswar Reddy, secretary general at All India Regional Rural Bank Employees’ Association. The decision on arrears prior to April this year is yet to be taken, sources in the know said.
“We will examine the total impact of the scheme once it is notified.
If there are any deviations, we will take up the issue for necessary
remedial measures,” said Abdul Sayeed Khan, general secretary of
National Federation of Regional Rural Bank Officers.
It has been decided that the pension burden will be borne by the
respective RRBs from their working expenses till structured pension
funds are created as per the provision of the pension regulations.
Source- Economic Times
Source- Economic Times
DA for Bankers & Retired Bankers from August 2018(Complete chart)
Based on the CPI calculations the
revised DA is to be @ 54.10%, for the months of Aug
2018 to Oct 2018. [The DA for May 2018 to Jul 2018 was 52.90%] i.e.
increase of 1.20%. (increase of 12 slabs) .
For retired bank employees DA increased of 14 slabs from Aug,2018 to Jan,2019.
We give below
the DA for Aug 2018 onwards vis a vis existing DA, along with the increase in DA at various levels of scales.
Officers:
Actual DA
|
Projected DA
|
Actual
Increase/Decrease
|
|||||||||||
Officers
|
From May 2018
|
From Aug 2018
|
in DA Amt from Aug 2018
|
||||||||||
No
|
Scale
|
New Basic Pay
|
Spl Allowance
|
52.90%
|
54.10%
|
1.20%
|
|||||||
7.75% / 10% or 11%
|
|||||||||||||
1
|
I
|
23700
|
1837
|
13509.07
|
13815.52
|
306.44
|
|||||||
2
|
I
|
24680
|
1913
|
14067.7
|
14386.81
|
319.12
|
|||||||
3
|
I
|
25660
|
1989
|
14626.32
|
14958.11
|
331.79
|
|||||||
4
|
I
|
26640
|
2065
|
15184.95
|
15529.41
|
344.46
|
|||||||
5
|
I
|
27620
|
2141
|
15743.57
|
16100.7
|
357.13
|
|||||||
6
|
I
|
28600
|
2217
|
16302.19
|
16672
|
369.80
|
|||||||
7
|
I
|
29580
|
2292
|
16860.29
|
17242.75
|
382.46
|
|||||||
8
|
I
|
30560
|
2368
|
17418.91
|
17814.05
|
395.14
|
|||||||
9
|
I & II
|
31705
|
2457
|
18071.7
|
18481.64
|
409.94
|
|||||||
10
|
I & II
|
32850
|
2546
|
18724.48
|
19149.24
|
424.75
|
|||||||
11
|
I & II
|
34160
|
2647
|
19470.9
|
19912.59
|
441.68
|
|||||||
12
|
I & II
|
35470
|
2749
|
20217.85
|
20676.48
|
458.63
|
|||||||
13
|
I & II
|
36780
|
2850
|
20964.27
|
21439.83
|
475.56
|
|||||||
14
|
I & II
|
38090
|
2952
|
21711.22
|
22203.72
|
492.50
|
|||||||
15
|
I & II
|
39400
|
3054
|
22458.17
|
22967.61
|
509.45
|
|||||||
16
|
I & II
|
40710
|
3155
|
23204.59
|
23730.97
|
526.38
|
|||||||
17
|
I & II & III
|
42020
|
3257
|
23951.53
|
24494.86
|
543.32
|
|||||||
18
|
I & II & III
|
43330
|
3358
|
24697.95
|
25258.21
|
560.26
|
|||||||
19
|
I & II & III
|
44640
|
3460
|
25444.9
|
26022.1
|
577.20
|
|||||||
20
|
I & II & III
|
45950
|
3561
|
26191.32
|
26785.45
|
594.13
|
|||||||
21
|
I & II & III
|
47260
|
3663
|
26938.27
|
27549.34
|
611.08
|
|||||||
22
|
I & II & III
|
48570
|
3764
|
27684.69
|
28312.69
|
628.01
|
|||||||
23
|
I & II & III
|
50030
|
3877
|
28516.8
|
29163.69
|
646.88
|
|||||||
24
|
I & II & III
|
51490
|
3990
|
29348.92
|
30014.68
|
665.76
|
|||||||
25
|
II & III
|
52950
|
4104
|
30181.57
|
30866.21
|
684.65
|
|||||||
26
|
II & III
|
54410
|
4217
|
31013.68
|
31717.21
|
703.52
|
|||||||
27
|
II & III
|
55870
|
4330
|
31845.8
|
32568.2
|
722.40
|
|||||||
28
|
II & III
|
57330
|
4443
|
32677.92
|
33419.19
|
741.28
|
|||||||
29
|
III
|
58790
|
4556
|
33510.03
|
34270.19
|
760.15
|
|||||||
30
|
IV
|
50030
|
5003
|
29112.46
|
29772.85
|
660.40
|
|||||||
31
|
IV
|
51490
|
5149
|
29962.03
|
30641.7
|
679.67
|
|||||||
32
|
IV
|
52950
|
5295
|
30811.61
|
31510.55
|
698.94
|
|||||||
33
|
IV
|
54410
|
5441
|
31661.18
|
32379.39
|
718.21
|
|||||||
34
|
IV
|
55870
|
5587
|
32510.75
|
33248.24
|
737.48
|
|||||||
35
|
IV
|
57330
|
5733
|
33360.33
|
34117.08
|
756.76
|
|||||||
36
|
IV
|
57520
|
5752
|
33470.89
|
34230.15
|
759.26
|
|||||||
37
|
IV
|
58790
|
5879
|
34209.9
|
34985.93
|
776.03
|
|||||||
38
|
IV
|
59170
|
5917
|
34431.02
|
35212.07
|
781.04
|
|||||||
39
|
IV
|
60820
|
6082
|
35391.16
|
36193.98
|
802.82
|
|||||||
40
|
V
|
59170
|
5917
|
34431.02
|
35212.07
|
781.04
|
|||||||
41
|
V
|
60820
|
6082
|
35391.16
|
36193.98
|
802.82
|
|||||||
42
|
V
|
62470
|
6247
|
36351.29
|
37175.9
|
824.60
|
|||||||
43
|
V
|
64270
|
6427
|
37398.71
|
38247.08
|
848.36
|
|||||||
44
|
V
|
66070
|
6607
|
38446.13
|
39318.26
|
872.12
|
|||||||
45
|
VI
|
68680
|
7555
|
40328.32
|
41243.14
|
914.82
|
|||||||
46
|
VI
|
70640
|
7770
|
41478.89
|
42419.81
|
940.92
|
|||||||
47
|
VI
|
72600
|
7986
|
42629.99
|
43597.03
|
967.03
|
|||||||
48
|
VI
|
74560
|
8202
|
43781.1
|
44774.24
|
993.14
|
|||||||
49
|
VI
|
76520
|
8417
|
44931.67
|
45950.92
|
1019.24
|
|||||||
50
|
VII
|
76520
|
8417
|
44931.67
|
45950.92
|
1019.24
|
|||||||
51
|
VII
|
78640
|
8650
|
46176.41
|
47223.89
|
1047.48
|
|||||||
52
|
VII
|
80760
|
8884
|
47421.68
|
48497.4
|
1075.73
|
|||||||
53
|
VII
|
82880
|
9117
|
48666.41
|
49770.38
|
1103.96
|
|||||||
54
|
VII
|
85000
|
9350
|
49911.15
|
51043.35
|
||||||||
Workman Staff:
Actual DA
|
Projected DA
|
Actual
Increase/Decrease
|
||||||||||
Workmen
|
From May 2018
|
From Aug 2018
|
in DA Amt from Aug 2018
|
|||||||||
No
|
Scale
|
New Basic Pay
|
Spl Allowance
|
52.90%
|
54.10%
|
1.20%
|
||||||
1
|
Clerk
|
11765
|
912
|
6706.13
|
6858.26
|
152.12
|
||||||
2
|
Clerk
|
12420
|
963
|
7079.61
|
7240.2
|
160.60
|
||||||
3
|
Clerk
|
13075
|
1013
|
7452.55
|
7621.61
|
169.06
|
||||||
4
|
Clerk
|
13730
|
1064
|
7826.03
|
8003.55
|
177.53
|
||||||
5
|
Clerk
|
14545
|
1127
|
8290.49
|
8478.55
|
188.06
|
||||||
6
|
Clerk
|
15360
|
1190
|
8754.95
|
8953.55
|
198.60
|
||||||
7
|
Clerk
|
16175
|
1254
|
9219.94
|
9429.09
|
209.15
|
||||||
8
|
Clerk
|
17155
|
1330
|
9778.57
|
10000.4
|
221.82
|
||||||
9
|
Clerk
|
18135
|
1405
|
10336.7
|
10571.1
|
234.48
|
||||||
10
|
Clerk
|
19115
|
1481
|
10895.3
|
11142.4
|
247.15
|
||||||
11
|
Clerk
|
20095
|
1557
|
11453.9
|
11713.7
|
259.82
|
||||||
12
|
Clerk
|
21240
|
1646
|
12106.7
|
12381.3
|
274.63
|
||||||
13
|
Clerk
|
22385
|
1735
|
12759.5
|
13048.9
|
289.44
|
||||||
14
|
Clerk
|
23530
|
1824
|
13412.3
|
13716.5
|
304.25
|
||||||
15
|
Clerk
|
24675
|
1912
|
14064.5
|
14383.6
|
319.04
|
||||||
16
|
Clerk
|
25820
|
2001
|
14717.3
|
15051.2
|
333.85
|
||||||
17
|
Clerk
|
26965
|
2090
|
15370.1
|
15718.8
|
348.66
|
||||||
18
|
Clerk
|
28110
|
2179
|
16022.9
|
16386.3
|
363.47
|
||||||
19
|
Clerk
|
30230
|
2343
|
17231.1
|
17622
|
390.88
|
||||||
20
|
Clerk
|
31540
|
2444
|
17977.5
|
18385.3
|
407.81
|
||||||
21
|
Clerk
|
32850
|
2546
|
18724.5
|
19149.2
|
424.75
|
||||||
22
|
Clerk
|
34160
|
2647
|
19470.9
|
19912.6
|
441.68
|
||||||
23
|
Clerk
|
35470
|
2749
|
20217.9
|
20676.5
|
458.63
|
||||||
24
|
Clerk
|
36780
|
2850
|
20964.3
|
21439.8
|
475.56
|
||||||
25
|
Clerk
|
38090
|
2952
|
21711.2
|
22203.7
|
492.50
|
||||||
26
|
Clerk
|
39400
|
3054
|
22458.2
|
22967.6
|
509.45
|
||||||
27
|
Clerk
|
40710
|
3155
|
23204.6
|
23731
|
526.38
|
||||||
28
|
Clerk
|
42020
|
3257
|
23951.5
|
24494.9
|
543.32
|
||||||
1
|
Sub-Staff
|
9560
|
741
|
5449.23
|
5572.84
|
123.61
|
||||||
2
|
Sub-Staff
|
9885
|
766
|
5634.38
|
5762.19
|
127.81
|
||||||
3
|
Sub-Staff
|
10210
|
792
|
5820.06
|
5952.08
|
132.02
|
||||||
4
|
Sub-Staff
|
10535
|
817
|
6005.21
|
6141.43
|
136.22
|
||||||
5
|
Sub-Staff
|
10860
|
842
|
6190.36
|
6330.78
|
140.42
|
||||||
6
|
Sub-Staff
|
11270
|
874
|
6424.18
|
6569.9
|
145.73
|
||||||
7
|
Sub-Staff
|
11680
|
906
|
6657.99
|
6809.03
|
151.03
|
||||||
8
|
Sub-Staff
|
12090
|
937
|
6891.28
|
7047.61
|
156.32
|
||||||
9
|
Sub-Staff
|
12500
|
969
|
7125.1
|
7286.73
|
161.63
|
||||||
10
|
Sub-Staff
|
12910
|
1001
|
7358.92
|
7525.85
|
166.93
|
||||||
11
|
Sub-Staff
|
13400
|
1039
|
7638.23
|
7811.5
|
173.27
|
||||||
12
|
Sub-Staff
|
13890
|
1077
|
7917.54
|
8097.15
|
179.60
|
||||||
13
|
Sub-Staff
|
14380
|
1115
|
8196.86
|
8382.8
|
185.94
|
||||||
14
|
Sub-Staff
|
14870
|
1153
|
8476.17
|
8668.44
|
192.28
|
||||||
15
|
Sub-Staff
|
15440
|
1197
|
8800.97
|
9000.62
|
199.64
|
||||||
16
|
Sub-Staff
|
16010
|
1241
|
9125.78
|
9332.79
|
207.01
|
||||||
17
|
Sub-Staff
|
16580
|
1285
|
9450.59
|
9664.97
|
214.38
|
||||||
18
|
Sub-Staff
|
17235
|
1336
|
9824.06
|
10046.9
|
222.85
|
||||||
19
|
Sub-Staff
|
17890
|
1387
|
10197.5
|
10428.9
|
231.32
|
||||||
20
|
Sub-Staff
|
18545
|
1438
|
10571
|
10810.8
|
239.80
|
||||||
21
|
Sub-Staff
|
19200
|
1488
|
10944
|
11192.2
|
248.26
|
||||||
22
|
Sub-Staff
|
19855
|
1539
|
11317.4
|
11574.2
|
256.73
|
||||||
23
|
Sub-Staff
|
20510
|
1590
|
11690.9
|
11956.1
|
265.20
|
||||||
24
|
Sub-Staff
|
21165
|
1641
|
12064.4
|
12338
|
273.67
|
||||||
25
|
Sub-Staff
|
21820
|
1691
|
12437.3
|
12719.5
|
282.13
|
||||||
26
|
Sub-Staff
|
22475
|
1742
|
12810.8
|
13101.4
|
290.60
|
||||||
27
|
Sub-Staff
|
23130
|
1793
|
13184.3
|
13483.3
|
299.08
|
||||||
28
|
Sub-Staff
|
23785
|
1844
|
13557.7
|
13865.3
|
307.55
|
||||||
Special Pay
|
||||||||||||
Single Window Operator
"B"
|
Clerk
|
820
|
433.78
|
443.62
|
9.84
|
|||||||
Head Cashier II
|
Clerk
|
1280
|
677.12
|
692.48
|
15.36
|
|||||||
Special Assistant
|
Clerk
|
1930
|
1020.97
|
1044.13
|
23.16
|
|||||||
0
|
0
|
|||||||||||
Bill Collectors / Armed
Guard
|
Sub-Staff
|
390
|
206.31
|
210.99
|
4.68
|
|||||||
Daftary
|
Sub-Staff
|
560
|
296.24
|
302.96
|
6.72
|
|||||||
Head Peon
|
Sub-Staff
|
740
|
391.46
|
400.34
|
8.88
|
|||||||
Head Messenger in IOB
|
Sub-Staff
|
1630
|
862.27
|
881.83
|
19.56
|
|||||||
Electrician / AC Plant
Helper
|
Sub-Staff
|
2040
|
1079.16
|
1103.64
|
24.48
|
|||||||
Driver
|
Sub-Staff
|
2370
|
1253.73
|
1282.17
|
28.44
|
|||||||
0
|
0
|
0.00
|
||||||||||
Graduation Pay / PQA
-after 1 year
|
410
|
216.89
|
221.81
|
4.92
|
||||||||
Graduation Pay / PQA
-after 2 year
|
800
|
423.2
|
432.8
|
9.60
|
||||||||
Graduation Pay / PQA
-after 3 year
|
1210
|
640.09
|
654.61
|
14.52
|
||||||||
Graduation Pay / PQA
-after 4 year
|
1620
|
856.98
|
876.42
|
19.44
|
||||||||
Graduation Pay / PQA
-after 5 year
|
2010
|
1063.29
|
1087.41
|
24.12
|
||||||||
As a caution readers are advised to be guided by the circular to be issued by IBA
