Saturday, January 31, 2015

Increase in D.A. for pensioners w.e.f. Feb 2015 - 51 slabs more



D.A. Rates for Pensioners (%) – 51 Slabs More


Retired prior to 01-11-1992 - 1293 Slabs over 600 points
Upto 1250    1251-2000    2001-2130    Above 2130
866.31%         711.15%     426.69%        219.81%
After 01-11-1992 upto 31-03-1998 - 1156 Slabs over 1148 points
Upto 2400    2401-3850    3851-4100    Above 4100
404.60%       335.24%        196.52%        104.04%
After 01-04-1998 upto 31-10-2002 - 1022 Slabs over 1684 points
Upto 3550    3551-5650    5651-6010    Above 6010
245.28%        204.40%       122.64%        61.32%
Retired on or after  1-11-2002 - 871 Slabs over 2288 points
For the entire Basic Pension Amount    156.78%   
Retired on or after  1-11-2007 - 734 Slabs over 2836 points
For the entire Basic Pension Amount    110.10%     





D.A calculator is available for calculating revised D.A. and difference. For calculating D.A , enter basic ( original basic without reducing commutation amount) and click on the calculate button. Revised D.A , Present D.A. and difference will be displayed on the calculator. Select appropriate retirement date range according to the date of retirement.


 
Click on the following link for  D A Calculator. 


  
D.A. Calculator



Friday, January 9, 2015

Bipartite talks - Pension related issues - UFBU circular

UFBU has issued a detailed circular regarding bipartite meeting held between IBA and UFBU at Mumbai on 7th Jan 2015. Relevant para from UFBU circular is reproduced below.
Quote
Pension related demands:
We also raised the issues relating to improvements in Pension related demands like 100% DA for pre-Nov. 2002 pensioners, family pension formula, periodical updation of pension, etc.
We also suggested that DA upto 4440 points for all pensioners should be merged with Basic pension and a uniform DA formula to be applicable to all pensioners.  We also demanded extension of DA linked pension scheme for employees recruited after April 2010.
It was agreed to discuss all these issues further. 
Unquote