Comparative FP Chart: Revised Family Pension (Bank) payable from April 1, 2021
Ministry of Finance (Department of Financial Services) in its letter dated 25.08.2021 addressed to the Chief Executive of IBA conveyed the revision of family pension. According to the letter, the payment of Family Pension should be at a uniform rate of 30% of the pay of the deceased employee without any ceiling on family pension…
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Family Pension of Bank Pensioners enhanced to 30% without ceiling
Finance Minister Nirmala Sitharaman today announced that the Government has cleared the enhancement of Bank family pension to 30 percent without a ceiling. Further, Bank’s contribution to the Pension fund under NPS was enhanced from 10 to 14%. The improvements in family pension to 30 percent of last drawn pay without any ceiling cleared by…
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Dearness relief for bank pensioners: 23 slabs more from August 2021
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…
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DA chart: Dearness Allowance payable to Bank officers and employees from August 2021 to October 2021
Dearness Allowance for bank staff 30slabs more from August 2021 AICPIN-IW for June 2021 has been released by Labour Labour Bureau on 30.07.2021. On the basis of CPI data announced by the Labour Bureau for the period of April 2021 to June 2021, the average index number works out to 7940 (base 1960=100) or 397slabs…
Read article Bank Officers’D.A. Chart for the quarter of August 2021 to October 2021
Dearness Allowance for bank staff 30 slabs more from August 2021 AICPIN-IW for June 2021 has been released by Labour Labour Bureau on 30.07.2021. On the basis of CPI data announced by the Labour Bureau for the period of April 2021 to June 2021, the average index number works out to 7940 (base 1960=100) or…
Bank Clerical’s D.A. Chart for the quarter of August 2021 to October 2021
Dearness Allowance for bank staff 30 slabs more from August 2021 AICPIN-IW for June 2021 has been released by Labour Labour Bureau on 30.07.2021. On the basis of CPI data announced by the Labour Bureau for the period of April 2021 to June 2021, the average index number works out to 7940 (base 1960=100) or…
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