Expected Dearness Relief, DR hike of Bank Pensioners from Feb 2022 to July 2022

The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for November 2021 has been released on 31.12.2021, the last working day of December month, by Labour Bureau, under Ministry of Labour and Employment. Based on the AICPIN of December 2021 to be released on 31.01.2022, Dearness Relief (DR) hike from Feb 2022Continue reading “Expected Dearness Relief, DR hike of Bank Pensioners from Feb 2022 to July 2022”

Revised DR hike for pensioners from 1st July 2021, for central govt. pensioners and family pensioners

DA calculation for Gratuity and Leave encashment of retired central govt. employees between 01.01.20 to 30.06.21: Since the DA / DR was freezed for the period from 1st Jan’20 to 30th Jun’21 for central govt. employees. So, there was a genuine concern for the retired employees within that period. As DA declared was only 17%,Continue reading “Revised DR hike for pensioners from 1st July 2021, for central govt. pensioners and family pensioners”

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