(The DA relief for Bank Pensioners is continuously updated on this site as soon as the ministry of labour releases consumer price index (For example DA chart for the months of February to July will be updated on 31st Jan, and DA chart for the months of August to January will be updated on 31 July.)
As per CPI announced by the Labour Bureau of the Government today (31.01.2018), the average index numbers for October ‘17 to December ‘17 works out to 6551.01. It means 49 slabs increase in Dearness Relief (DR) for the half year February 2018 to July 2018, over the previous half year.
The details of Dearness Relief for pensioner retired at various period are as under
DR for pensioners retired on or after 1.11.2012
The average CPI for Oct 18 to Dec’18 is 6551 In terms of X BPS/Joint Notes, 4440 points of DA was merged with the ‘pay’ and DA rate was fixed at 0.10% per DA slab. The Dearness Relief (DR) payable to pensioners is 527 slabs @ 0.10 % for the months of February 2018 to July 2018. It means an increase of 50 slabs (527-478=49) over the previous level. Thus, the percentage of DR payable to the pensioners for the half year will be @ 52.70 % on Basic pension.
| No of slabs | Rate per Slab | Percentage of DA payable | DR on Basic Pension (Before commutation) |
| 527 | 0.10% | 52.70 | Basic Pension× 52.70% |
DR for pensioners retired on or after 1.11.2007 and up to 31.10.2012 (2836 points merger)
The average CPI for Oct 18 to Dec’18 is 6551. In terms of 1X BPS/Joint Notes, 2836 points of DA was merged with the ‘pay’ and DA rate was fixed at 0.15% per DA slab. It means 6551-2836=3715/4 =928 The Dearness Relief (DR) payable to pensioners is 928 slabs for the months of Febraury2018 to July 2018. It means an increase of 49 slabs over the previous level. Thus, the percentage of DR payable to the pensioners for the half year will be @ 139.20 % on Basic Pension.
| No of slabs | Rate per Slab | Percentage of DA payable | DR on Basic Pension (Before commutation) |
| 928 | 0.15% | 139.20% | Basic Pension× 139.20 % |
DA for pensioners retired on or after 1.11.2002 and up to 31.10.2007
The average CPI for Oct 18 to Dec’18 is 6562.In terms of VIII BPS/Joint Notes, 2288 points of DA was merged with the ‘pay’ and DA rate was fixed at 0.18% per DA slab. The Dearness Relief (DR) payable to pensioners is (6551-2288=4263/4) 1065 slabs for the months of February 2018 to July 2018. It means an increase of 49 slabs over the previous level. Thus, the percentage of DR payable to the pensioners for the half year will be @ 191.70 %
| No of slabs | Rate per Slab | Percentage of DA payable | DR on Basic Pension
(Before commutation) |
| 1065 | 0.18% | 191.70 % | Basic Pension× 191.70 % |
Retired on or after 01.04.1998 till 31.10.2002
Average index 6551-1685 =4866 points (1216 Slabs). It means an increase of 49 slabs over the previous level.
Rate per slab:
Up to Basic pension 3550= 1216x24 %=( 291.84%),
3551 to 5650= 1216x 20 %=( 243.20%),
From Basic pension 5651 to 6010= 1216x 12 %=( 145.92 % of basic pension),
From Basic Pension 6011 and above 1216x6 %=( 72.96% of basic pension)
| Basic pension (before commutation) | DR amount on 1167 slabs |
| Up to basic pension 3550 | Basic Pension×291.84% |
| Basic pension from 3551 to 5650 (2100) | 10360.32+ for the basic pension in excess of @243.20% |
| Basic pension from 5651 to 6010
(360) |
15467.52 +for basic pension in excess of 5650 up to 6010 @ 145.92% |
| Basic pension 6011 and above | 15992.83 + for the basic pension in excess of 6010 @ 72.96% |
Retired on or after 1.11.92/ up to 31.3.98 (1148 merger)
No. of slabs 1353
Average index 6551-1148=5403/4 = 1350 slabs DA on basic pension up to 2400= 1350×35 %=( 472.50%) + From 2401 to Rs.3850 @ 1350 ×29% = (391.50.%) + From 3851 to 4100 @ 1350×17%= (229.50%)+ above 4100 @ 1350×9% = (121.50%)
| Basic pension (before commutation) |
DR Amount on 1350 slabs |
| Up to basic pension 2400 | 472.50% × basic pension |
| Basic pension from 2401 to 3850
(1450) |
11340 + from 2401 up to 3850 @ @391.50% |
| Basic pension from 3851 to 4100
(250) |
17016.75 + for pension in excess of 3851 up to 4100 @ 229.50% |
| Basic pension 4101 and above | 17590.25 +for pension in excess of 4100 @ 121.50% |
Retired on or after 1.1.86 and before 1st November 1992/1st July 1993 and before 01.11.2002[Average index 6562 -600 points merger (1487 Slabs)]
Average 6551-600= 5951=1487 slabs
DA rate on basic: up to 1250 @ 67%x 1487 slabs = (basic pension×996.29%),
1251 up to 2000 @ 55%x1487 slabs= (Basic Pension ×817.85%),
2001 up to 2130 @ 33%x 1487 slabs = Basic Pension×490.71%,
Above 2130 @ 17% x1487 slabs=basic pension×252.79%.
| Basic pension | Total pension |
| Basic pension upto 1250 | Basic Pension +( Basic Pension ×996.29)= 1250+12453.62
total pension=14953.62 |
| Basic pension from 1251 to 2000 | Rs.13703.62+for the basic pension in excess of Rs.1250 @817.85% |
| Basic pension from 2001 to 2130 | Rs.19837.49 +for the basic pension in excess of Rs.2000@490.71% |
| Basic pension from 2131 above | Rs.20475.41+ for the basic pension in excess of Rs.2130 @ 252.79 |
Average 6562-600=5753/4= (1487 slabs @67% )
| Applicable CPI Average | (600 points merger) | Amount of exgratia per month | Rate of Dearness Relief | Amount of dearness relief per month | Total relief including Basic Dearness relief |
| 6261 | Pre-1.1.86
Retirees |
350 | 996.29% | 3837.01 | 3837.01 |
| 6261 | Spouse of
Pre-1.1.86 Retirees |
175 | 996.29% | 1747.02 | 1918.50 |
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