Dearness Relief payable for the period February, 2015 to July 2015 to (a) surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.1986 retirees who are in receipt of Ex-gratia
Indian Banks’ Association
HR & INDUSTRIAL RELATIONS
No.CIR/HR&IR/D/G2/2014-15/1279
31st January 2015
Designated Officers of all Nationalised Banks and Associate Banks of State Bank of India
Dear Sirs,
Dearness Relief payable for the period February, 2015 to July 2015 to (a) surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.1986 retirees who are in receipt of Ex-gratia
As per the directive contained in the Government of India, Ministry of Finance Department of Financial Services (Banking Division) letter F.No.11/2/2012-IR dated 17.12.13, the Dearness Relief payable to surviving pre 1.1.1986 retirees/surviving spouses of pre 1.1.86 retirees of banks for the period February to July 2015 will be as under :
Applicable CPI Average |
Amountof Ex-gratia per month |
Rate ofAmount of dearness
Relief Dearness Relief per month |
Total Ex-gratia amount induding Dearness Relief per month |
||
Z | % Z | Z | |||
5774 | Pre 1.1.86 retireesSurviving spouses of pre 1.1.86 retirees |
350 | 866.31 | 3032 | 3382 |
175 | 866.31 | 1516 | 1691 |
yours faithfully,
sd/-
K S Chauhan
Senior vice President
Source: http://www.iba.org.in/Documents/Cir_12790001.pdf
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