Expected DA from Jan 2015 – Comparison of DA Calculation from 2006 to 2014

Expected DA from Jan 2015 – AICPIN Points for September Released – Remains Unchanged at 253

 

One of the most important department functioning under the Central Government is the Labour Bureau. The department releases a number of important statistics and conducts surveys. In the year 1872, the department had successfully conducted the population census of the entire country. This census gave not only the count of number of persons, but also the number of gainfully employed. Since then every census has thrown useful data on workers in different industries and occupations every 10 years. The bureau also releases official information, economic indicators like Consumer Price Index Numbers for Industrial, Agricultural and Rural Labourers; wage rate indices and data on industrial relations etc. that are followed by a number of government departments.

One such indicator is the monthly Consumer Price Index Numbers (Industrial Workers 2001=100), which is used to calculate the Dearness Allowance for Central Government employees. Prices of 24 essential commodities (from rice to bathing soap) are observed in 78 cities all over the country in order to calculate the average index of CPI(IW).

It is based on these statistics that, once every six months, the Centre announces Dearness Allowance for its employees. Based on the AICPIN(All India Consumer Price Index Numbers) between January and June, and between July and December, the Finance Ministry decides the percentage of hike in Dearness allowance and Dearness Relief according to the recommendations of 6th CPC and informs the Government. The Centre makes its decision after discussing the recommendation during the cabinet meeting.

Now, ‘Expected DA from Jan 2015′ is the first installment of next year and only three months’ data have been collected as of now, for the Dearness Allowance. Accurate D.A percentage can be calculated only after the remaining 3 months’ AICPIN points are announced.

But, we believe that based on October’s AICPIN points, we can conclude if the next D.A hike is going to be for 6% or 7%.

The Dearness Allowance announcements since 2006 have been tabulated and presented, as additional information.

Year wise DA Calculation tables form 2006 to 2014…

DA Calculation for Jan 2006 DA Calculation for Jul 2006
DA Calculation for Jan 2007 DA Calculation for Jul 2007
DA Calculation for Jan 2008 DA Calculation for Jul 2008
DA Calculation for Jan 2009 DA Calculation for Jul 2009
DA Calculation for Jan 2010 DA Calculation for Jul 2010
DA Calculation for Jan 2011 DA Calculation for Jul 2011
DA Calculation for Jan 2012 DA Calculation for Jul 2012
DA Calculation for Jan 2013 DA Calculation for Jul 2013
DA Calculation for Jan 2014 DA Calculation for Jul 2014

Grant of Dearness Relief to CPF beneficiaries – Orders issued by Pensioners Portal

Grant of Dearness Relief to CPF beneficiaries in receipt of ex-gratia payment w.e.f. 01.07.2014.

F.No.42/10/2014-P&PW(G)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi – 110003

Date: 20th Oct, 2014

OFFICE MEMORANDUM

Subject: Grant of Dearness Relief to CPF beneficiaries in receipt of ex-gratia payment w.e.f. 01.07.2014.

In continuation of this Department’s OM No.42/10/2014-P&PW(G) dated 7th May, 2014, the President is pleased to grant the Dearness Relief at the rate of 5th CPC w.e.f. 1.7.2014 to the following :

(i) The surviving CPF beneficiaries who have retired from service between the period 18.11.1960 to 31.12.1985 and are in receipt of ex-gratia @ Rs.600/ p.m. w.e.f. 1.11.1997 under this Department’s OM No. 45/S2/97-P&PW(E) dated 16.12.1997 & revised to Rs.3000, Rs.1000, Rs.750 & Rs.650 for Group A, B. C & D respectively w.e.f 4th June, 2013 vide OM No.1/10f2012-P&PW(E) dt. 27th June, 2013 are entitled to Dearness Relief @ 212% w.e.f. 1.7.2014.

(ii) The following categories of CPF beneficiaries who are in receipt of ex-gratia payment in terms of this Department’s 0M No. 45/52/97-P&PW(E) dated 16.12.1997 are entitled to DR @ 204% w.e.f. 1.7.2014.

(a) The widows and dependent children of the deceased CPF beneficiary who had retired from service prior to 1.1.1986 or who had died while in service prior to 1.1.1986 and are in
receipt of Ex-gratia payment of Rs. 605/. p.m. & revised to Rs 645 w.e.f. 04 June , 2013 vide OM No. 1/10/2012-P&PW(E) dated 27th June, 2013.

(b) Central Government employees who had retired on CPF benefits before 18.11.1960 and are In receipt of Ex-gratia payment of Rs. 654/-, Rs. 659/-, Rs. 703/- and Rs. 965/-.

2. Payment of DR involving a fraction of a rupee shall be rounded off to the next higher rupee. In their application to the Indian Audit and Accounts Department, these orders issue In consultation with the  C&AG.

3. This issues with the concurrence of Ministry of Finance, Department of Expenditure vide their 0M No.1/4/EV/2004 dated 14th October,2014.

4. Hindi verson will follow.

sd/-
(Charanjit Taneja)
Under Secretary to the Government of India

Source: www.pensionersportal.gov.in

Grant of Dearness Relief to CPF beneficiaries in receipt of ex-gratia payment w.e.f. 01.01.2014

Grant of Dearness Relief to CPF beneficiaries in receipt of ex-gratia payment w.e.f. 01.01.2014

F. No. 42/10/2014-P&PW(G)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi – 110003
Date: 07th May, 2014

OFFICE MEMORANDUM

Subject: Grant of Dearness Relief to CPF beneficiaries in receipt of ex-gratia payment w.e.f. 01.01.2014

in continuation of this Department’s OM No. 42/13/2012-P&PW(G) dated 17th Oct, 2013, the President is pleased to grant the Dearness Relief at the rate of 5th CPC w.e.f.1.1.2014 to the following …

(i) The surviving CPF beneficiaries who have retired from service between the period 18.11.1960 to 31.12.1985 and are in receipt of ex-gratia @ Rs.600/ p.m. w.e.f. 1.11.1997 under this Department’s OM No. 45/52/97-P&PW(E) dated 16.12.1997 & revised to Rs.3000, Rs.1000,Rs.750 & Rs.650 for Group A, B, C & D respectively w.e.f 4th June,2013 vide OM No. 1/10/2012-P&PW(E) dt. 27th June, 2013 are entitled to Dearness Relief @ 200% w.e.f. 1.1.2014.

(ii) The following categories of CPF beneficiaries who are in receipt of ex-gratia payment in terms of this Department’s OM No. 45/52/97-P&PW{E) dated 16.12.1997 are entitled to DR @ 192 % w.e.f. 1.1.2014.

(a) The widows and dependent children of the deceased CPF beneficiary who had retired from service prior to 1.1.1986 or who had died while in service prior to 1.1.1986 and are in receipt of Ex-gratia payment of Rs. 605/- p.m. & revised to Rs 645 w.e.f 04th June ,2013 vide OM No. 1/10/2012-P&PW(E) dated 27th June,2013.

(b) Central Government employees who had retired on CPF benefits before 18.11.1960 and are in receipt of Ex-gratia payment of Rs.654/-, Rs.659/-, Rs.703/- and Rs.965/-.

2. Payment of DR involving a fraction of a rupee shall be rounded off to the next higher rupee. In their application to the Indian Audit and Accounts Department, these orders issue in consultation with the
C&AG.

3. This issues with the concurrence of Ministry of Finance, Department of Expenditure vide their OM No.1(4)/EV/2004 dated 2nd May, 2014.

4. Hindi version will follow.

sd/-
( Charanjit Taneja )
Under Secretary to the Government of India

Source: http://pensionersportal.gov.in/
[http://ccis.nic.in/WriteReadData/CircularPortal/D3/D03ppw/PPWG_070514_new.pdf]

DA ARREARS CALCULATOR – FINANCE MINISTRY DA ORDER JAN 2014

DA ARREARS CALCULATOR

FINANCE MINISTRY DA ORDER JAN 2014 -WHEN IT WILL COME-DA ARREARS CALCULATOR

FINANCE MINISTRY DA ORDER JAN 2014 -WHEN IT WILL COME

No one can deny the fact that DA is a very important allowance as of now. This applies to both state and central government employees. On the 28th of February 2014, 10 % DA increase was approved by the cabinet and then the announcement about the same came out. In the past, mostly, this announcement and the Finance Ministry order have come out in the month of March. Hardly, has this ever changed so far. So the finance ministry order on DA is expected to come soon.

Retirement Age 62 and 10% DA from Jan 2014 – Cabinet expected to clear on Friday (28.202014)

Retirement Age 62 and 10% DA from Jan 2014 – Cabinet expected to clear on Friday (28.202014)

As per media news, Union cabinet is going to meet on Friday(28.2.2014) and the Cabinet is expected to clear two main agenda points in the meeting as follows…

One is Retirement Age 62: Retirement age of Central Government employees will increase by two years from 60 to 62 with effect from 1.3.2014.

Additional 10% DA from 1.1.2014 : 10% of Additional Dearness allowance from 1.1.2014 to all Central Government employees and pensioners, may be declared in the meeting.