Dearness Allowance for Bank Staff and Officers from Nov 2018 to Jan 2019 under 10th Bipartitie Settlement and Joint Note Dated 25.5.2015

DA Orders issued by IBA on 1.11.2018
HR & Industrial Relations

No.CIR/HR&IR/76/D/2018-19/6194

November 1, 2018

All Members of the Association
(Designated Officers)

Dear Sirs,

Dearness Allowance for Workmen and Officer Employees in banks for the months of November, December 2018 & January 2019 under X BPS/ Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended September 2018 are as follows:-

The average CPI of the above is 6871 and accordingly the number of DA slabs are 607 (6871­ – 4440 = 2431 / 4 =  607  Slabs) The last quarterly Payment of DA was at 541 Slabs. Hence there is an increase in DA slabs of 66, i.e 607 Slabs for payment of DA for the quarter Nov, Dec 2018 and January 2019

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of Nov, Dec 2018 & January 2019 shall be 60.7 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Yours faithfully,

S.K Kakkar
Senior Advisor (HR&IR)

Source: http://www.iba.org.in

The post Dearness Allowance for Workmen and Officer Employees in banks for the months of November, December 2018 & January 2019 under X BPS/ Joint Note dated 25.5.2015 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Dearness Allowance for Workmen and Officer Employees in Banks for the months of May, June and July 2013 under IX BPS / Joint Note dated 27/04/2010

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/76/D/2013-14/7111
2nd May, 2013

All Members of the Association
(Designated Officers)

Dear Sirs,
Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2013 under IX BPS/Joint Note dt. 27.4.10

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base1960-100) for the quarter ended March 2013 are as follows:

January 2013  –  5044.52
February 2013  –  5090.18
March 2013      –  5113.00

Consequently, dearness allowance to employees is payable for 561 slabs for the period May, June & July 2013 i.e. an increase of 26 slabs over the current level.

In terms of clause 7 of the 9th Bipartite Settlement dated 27.04.2010 and clause 3 of the Joint Note dated 27.04.2010, the rate of dearness allowance payable to workmen and officer employees for the months of May, June & July 2013 shall be 84.15 % of pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

We advise banks to pay the difference between the old and revised salary and allowances to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.

Yours faithfully,
sd/-
(Prabir Moulik)
Senior Advisor-HR&IR

Source: www.iba.org.in
[http://www.iba.org.in/upload/IXBPSJuly2013.pdf]

The post Dearness Allowance to Bank Employees for the months of May, June and July 2013 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.