The percentage of Dearness Relief (DR) payable to the bank pensioners for the half year August 2018 to January 2019 will be as under.
No of slabs | Rate per Slab | Percentage of DR payable | DA on Basic Pension (Before commutation) |
541 | 0.10% | 54.10% | Basic Pension × 54.10% |
No of slabs | Rate per Slab | Percentage of DR payable | DA on Basic Pension (Before commutation) |
942 | 0.15% | 141.30% | Basic Pension× 141.30 % |
DA for pensioners retired on or after 1.11.2002 and up to 31.10.2007 (1079 slabs)
No of slabs | Rate per Slab | Percentage of DR payable | DA on Basic Pension
(Before commutation) |
1079 | 0.18% | 194.22% | Basic Pension× 194.22 % |
Retired on or after 01.04.1998 till 31.10.2002
Basic pension (before commutation) | DR amount on 1230 slabs |
Up to basic pension 3550 | Basic Pension×295.20% : (@0.24% per slab) |
Basic pension from 3551 to 5650 (2100) | 10479.60+ for the basic pension in excess of @246.00%
(@0.20% per slab) |
Basic pension from 5651 to 6010
(360) |
15645.60 +for basic pension in excess of 5650 up to 6010 @ 147.60% (@0.12% per slab) |
Basic pension 6011 and above | 16176.96 + for the basic pension in excess of 6010 @ 73.80% (@0.06% per slab) |
Retired on or after 1.11.92/1.7.93 up to 31.3.98 (1148 merger) 1364 slabs
Basic pension (before commutation) |
DR Amount on 1301 slabs |
Up to basic pension 2400 | 477.40% × basic pension (@0.35% per slab) |
Basic pension from 2401 to 3850
(1450) |
11457.60 + from 2401 up to 3850 @ @395.56% (@0.29% /slab) |
Basic pension from 3851 to 4100
(250) |
17193.22 + for pension in excess of 3851 up to 4100 @ 231.88%
(@0.17% per slab) |
Basic pension 4101 and above | 17772.92 +for pension in excess of 4100 @ 122.76% (@0.09%/slab) |
Retired on or after 1.1.86 and before 1st November 1992/1st July 1993 and before 01.11.2002
(1501 slabs)
Basic pension | DR amount on 1501 slabs@67% |
Basic pension upto 1250 | Basic Pension + Basic Pension ×996.29%=
total pension1250+12453.62=13703.62 |
Basic pension from 1251 to 2000 | Rs.13703.62+for the basic pension in excess of Rs.1250 @825.55% |
Basic pension from 2001 to 2130 | Rs.19895 .24+for the basic pension in excess of Rs.2000@491.70% |
Basic pension from 2131 above | Rs.20624.45+ for the basic pension in excess of Rs.2130 @ 253.30% |
Ex-gratia for Pre-1.1.86 retirees, 600 points DR merger in Pay (1501 slabs)@67%/slab
Applicable CPI Average | (600 points merger) | Amount of exgratia per month | Rate of Dearness Relief | Amount of dearness relief per month | Total relief including Dearness relief |
6261 | Pre-1.1.86
Retirees |
350 | 1005.67% | 3519..84 | 3869.84 |
6261 | Spouse of
Pre-1.1.86 Retirees |
175 | 1005.67% | 1759.92 | 1934.92 |
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