AICPIN-IW for June 2021 has been released by Labour Labour Bureau on 29.07.2021. The average index numbers for the period of April 2021 to June 2021works out to 7940 (base 1960=100). It means Dearness relief for the Bank pensioners will be increased to 23 slabs for the half-year from August 2021 to January 2022. The details of the percentage of dearness relief payable to bank pensioners retired from time to time are as under.
- Retired on or after 1.11.2017: Average index: 7940 – 6352=397 slabs
| No of slabs | Rate per Slab @ | Percentage of DR payable | DR payable on Basic Pension (Before commutation) |
| 397 | 0.07 | 27.79 % | Basic Pension × 27.79% |
- Retired on or after 1.11.2012: Average index: 7940 -4440 points (875 slabs)
| No of slabs | Rate per Slab @ | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 875 | 0.10 | 87.50% | Basic Pension × 87.50% |
- Retired on or after 1.11.2007 up to 31.10.2012: Average index 7940-2836 points (1276 slabs)
| No of slabs | Rate per Slab | Percentage of DR payable | DR payable on Basic Pension (Before commutation) |
| 1276 | 0.15 | 191.40% | Basic Pension× 191.40 % |
- Retired on or after 1.11.2002 and up to 31.10.2007 Average index 7940-2288 (1390 slabs)
| No of slabs | Rate per Slab | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 1413 | 0.18 | 254.34% | Basic Pension× 254.34 % |
- Retired on or after 01.04.1998 till 31.10.2002 Average index number7940-1684: (1564 slabs)
| Basic pension (before commutation) | DR amount |
| Up to basic pension 3550@24% per slab | Basic Pension×375.36 % |
| Basic pension from 3551 to 5650 (2100@ 20% per slab) | 13325.28 + for the basic pension in excess of @312.80% |
| Basic pension from 5651 to 6010 (360@ 12% per slab) | 13325+6568.80= 19893.80 +for basic pension in excess of 5650 up to 6010 @ 187.68% |
| Basic pension 6011 and above@6% per slab | 19893.80 + 675.64 =20569.44 + for the basic pension in excess of 6010 @93.84 % |
- Retired on or after 1.11.92/1.7.93 up to 31.3.98 Average index 7940 -1148(1698 slabs)
| Basic pension (before commutation) | DR Amount |
| Up to basic pension 2400 (@ 35% per slab | 594.30 % × basic pension |
| Basic pension from 2401 to 3850 (1450@29% per slab) | 14263.20 + from 2401 up to 3850 @ @492.42% |
| Basic pension from 3851 to 4100 (250@17% per slab) | 14263.20+ 7140.09= 21403.29 + for pension in excess of 3851 up to 4100 @ 284.75% |
| Basic pension 4101 and above @9% per slab | 21403.29+ 825.24. +for pension in excess of 4100 @ 152.82% |
- Retired on or after 1.1.86 and before 1st November 1992/1st July 1993 and before 01.11.2002
Average index number 7940- 600 (1835 slabs)
| Basic pension | DR amount on 1835 slabs |
| Basic pension up to 1250@ 67% per slab | Basic Pension x 1229.45% |
| Basic pension from 1251 to 2000 (750) @55% per slab | Rs.15368.12 +for the basic pension in excess of Rs.1250 @1009.25% |
| Basic pension from 2001 to 2130 (130)@33% per slab | Rs.15368.12+ 7569.25=22937.37+for the basic pension in excess of Rs.2000@605.55% |
| Basic pension from 2131 above @17% per slab | Rs.22937.37+ 787.21=23050.58+ for the basic pension in excess of Rs.2130 @ 311.95% |
