DA payable to retirees from the month of Aug 2016 to Jan 2017 - 29 slabs increase

DEARNESS RELIEF PAYABLE TO PENSIONERS FROM :1st,AUGUST'16 TO JAN'17

Average Index		6261		INCREASE	29	Slabs
Dearness Relief to Pensioners who retired on or after 1st Day of January,1986
but before 1st Day of November,1992/ 1st July 1993.
					Index
Basic Pension:					1415	Over 600
Up to 1250	1251 to 2000	2001 to 2130	Above 2130
948.05	778.25	466.95	240.55	%
Dearness Relief to Pensioners who retired on or after 1st Day of November,
1992/ 1st July 1993.
Up to 2400	2401 to 3850	3851 to 4100	Above 4100		1278	over 1148
447.3	370.62	217.26	115.02	%
Dearness Relief to Pensioners who retired on or after 1st April,1998.
Upto 3550	3551 to 5650	5651 to 6010	Above 6010		1144	Over 1684
274.56	228.8	137.28	68.64	%
Dearness Relief to Pensioners who retired on or after 1st November ,2002.
			178.74	%	993	Over 2288
Dearness Relief to Pensioners who retired on or after 1st November,2007
			128.4	%	856	Over 2836
Dearness relief to Pensioners who retired on or after 1st November,2012.
			45.5	%	455	Over 4440
.pm./29.7.16

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.

 
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Supreme Court Proceedings on 100 per cent DA case and IBA Managment Comittee meeting on 24.06.2015 - AIBRF version

Circular issued by AIBRF is reproduced below
Quote
Ref:2016/490                                             Date:30.06.2016
The Office Bearers/ Central Committee Members/ State Body Chiefs
AIBRFDear Comrades,
Re: Civil Appeal No. 8420-8421 A.B.Kasturirangan & Others V/S Canara Bank & Others- 100 Percent DA Case in Supreme Court PROCEEDINGS ON 29.06.2016
The above two civil appeals along with 2 more civil appeals on the same subject came up our hearing in the Supreme Court on 29.06.2016.
2. Large section of bank retirees is keeping close watch on the progress of the case. We below give details in brief on the proceedings of the hearing on 29.06.2016 to enable our
membership to know correct position on the progress in the case.
(a) 5 Advocates appeared on behalf of the petitioners ( Retirees)
and 16 advocates appeared on behalf the Respondent ( Bank Managements & IBA )
(b) Regular hearing on these civil appeals could not take place on 29.06.2016.
(c) In the meantime, we understand Indian Bank Association has filed Intervention Application to become party in these civil appeals.
(d) The Bench has directed to list these applications along with the main matters in the month of January, 2017.
3. We find news are getting circulated in social media that the
appeals will come for final disposal in the month of January, 2017. It is not correct. Similarly, it is also not factually correct that pray for interim relief was heard and was not considered by the bench. In fact no such prayer was moved.
4. AIBRF is keeping close watch on the progress of the case, in particular IBA move to join the appeals as intervener, in view of interest of large number of retirees involved. We assure the membership we shall take appropriate steps , legal and other wise from time to time to protect interest of the retirees.

MANAGEMENT COMMITTEE MEETING OF IBA ON 24,06,2016We have vide our circular no. 2016/485 dated 25.06.2016 advised the membership that the pending matters of retirees were not in the formal agenda of the meeting to remove the confusion getting created by news in circulation in the social media. We find that even after issuance of our above circular, news getting still widely spread among the retirees that after the meeting IBA has sent recommendations to the government for approval of 100 percent DA to pre-November 2002 retirees and improvement in family pension. According to our information which has been crossed check, no such recommendations have gone to the government from IBA  after the above meeting. We are issuing this clarification to remove confusion getting created among the membership due to circulation of such news. We assure that we shall come out with our communication as soon as there are developments in the matter for which our continuous efforts are on.
With Warm Greetings,
Yours Sincerely,
( S.C.JAIN )
GENERAL SECRETARY
Unquote
Source: AIBRF Website