Dearness Relief for Bank Pensioners from February 2022 –July 2022

The average AICPIN-IW for the months of October 2021, November 2021, and December 2021 has been released by Labour Bureau on 29.10.2021 is 8236 as per index numbers released by Labour Bureau of India. Accordingly, the number of DA slabs and DR payable on basic pension (including commutation amount) worked out as under.

Retired on or after 1.11.2017: Average index: 8242 – 6352=471 slabs

No of slabs	Rate per Slab @	Percentage of DR payable	DR payable on Basic Pension (Before commutation)
471	0.07	32.97 %	Basic Pension × 32.97 %

Retired on or after 1.11.2012: Average index: 8242 -4440 points (949 slabs)

No of slabs	Rate per Slab @	Percentage of DR payable	DR on Basic Pension (Before commutation)
949	0.10	94.90%	Basic Pension ×94.90%

Retired on or after 1.11.2007 up to 31.10.2012: Average index 8242-2836 points (1350 slabs)

No of slabs	Rate per Slab	Percentage of DR payable	DR payable on Basic Pension (Before commutation)
1350	0.15	202.50%	Basic Pension× 202.50 %

Retired on or after 1.11.2002 and up to 31.10.2007 Average index 8242-2288 (1487 slabs)

No of slabs	Rate per Slab	Percentage of DR payable	DR on Basic Pension (Before commutation)
1487	0.18	267.66%	Basic Pension× 267.66 %

Retired on or after 01.04.1998 till 31.10.2002 Average index number8242-1684: (1564 slabs)

Basic pension (before commutation)	DR amount
Up to basic pension 3550@24% per slab	Basic Pension× 393.12%
Basic pension from 3551 to 5650 (2100@ 20% per slab)	13955.76+327.6% over 3550
Basic pension from 5651 to 6010 (360@ 12% per slab)	20835.36+196.56% over 5650
Basic pension 6011 and above@6% per slab	21542.98+98.28% over 6010

Retired on or after 1.11.92/1.7.93 up to 31.3.98 Average index 8242 -1148(1772 slabs)

Basic pension (before commutation)	DR Amount
Up to basic pension 2400 (@ 35% per slab	620.20 % × basic pension
Basic pension from 2401 to 3850 (1450@29% per slab)	14884.8+513.88% over 2400
Basic pension from 3851 to 4100 (250@17% per slab)	22336.06+301.24% over 3850
Basic pension 4101 and above @9% per slab	23089.16+159.48% over 4100

Retired on or after 1.1.86 and before 1^st November 1992/1^st July 1993 and before 01.11.2002

Average index number8292- 600 (1909 slabs)

Basic pension	DR amount on 1909 slabs
Basic pension up to 1250@ 67% per slab	Basic Pension x 1279.03%
Basic pension from 1251 to 2000 (750) @55% per slab	Rs.15987.88 +for the basic pension in excess of Rs.1250 @1049.95%
Basic pension from 2001 to 2130 (130)@33% per slab	23862.50+629.97% for BP over 2000
Basic pension from 2131 above @17% per slab	24681.46+324.53% for BP over 2130

Related Post: Dearness allowance for bank employees and officers for Feb-April 2022

Surendra Naik