IBA DA Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/iba-da/ All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more. Sun, 06 Feb 2022 18:10:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://centralgovernmentnews.com/wp-content/uploads/2019/02/cropped-central-government-employees-news-32x32.png IBA DA Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/iba-da/ 32 32 Dearness Relief to Bank Pensioners for the period February 2022 to July 2022 – IBA Order 2022 https://centralgovernmentnews.com/dearness-relief-to-bank-pensioners-for-the-period-february-2022-to-july-2022-iba-order-2022/ https://centralgovernmentnews.com/dearness-relief-to-bank-pensioners-for-the-period-february-2022-to-july-2022-iba-order-2022/#respond Sun, 06 Feb 2022 18:10:23 +0000 https://centralgovernmentnews.com/?p=37563 IBA DA Table for Bank pensioners 2022 – Dearness Relief payable to Pensioners for the period February 2022 to July 2022 – IBA Order dated 01.02.2022 Indian Banks’ Association DA for Bank Employees from February 2022 to April 2022 HR & Industrial Relations HR&IR/MBR/76/D/2021-22/10869February 1, 2022 Designated Officers of all Member Bankswhich are parties to […]

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]]> IBA DA Table for Bank pensioners 2022 – Dearness Relief payable to Pensioners for the period February 2022 to July 2022 – IBA Order dated 01.02.2022

Bank DA

Indian Banks’ Association

DA for Bank Employees from February 2022 to April 2022

HR & Industrial Relations

HR&IR/MBR/76/D/2021-22/10869
February 1, 2022

Designated Officers of all Member Banks
which are parties to the Bipartite Settlement on Pension

Dear Sir/ Madam,

Dearness Relief payable to Pensioners for the period February 2022 to July 2022

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December 2021 are as follows:-

  • October 2021 – 8210.75
  • November 2021 – 8263.34
  • December 2021 – 8243.62

In terms of Regulation 37 of Bank Employees’ Pension Regulations, 1995 Dearness Relief is payable to pensioners at rates specified in Appendix II to the Regulations.

Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the Dearness Relief payable to pensioners for the period February 2022 to July 2022 as per Annexure.

Yours faithfully,
Sd/-
Brajeshwar Sharma
Senior Advisor (HR&IR)

PART- I
Dearness Relief to pensioners who retired on or after 1st day of January 1986, but before the 1st day of November 1992 / 1st July 1993
BASIC PENSIONDearness relief for the months February 2022 to July 2022 Average IndexSlabs
1909
8239
(i)Upto Rs.12501279.03 per cent.
(ii)Rs.1251 to Rs.2000Rs. 15987.87 plus 1049.95 percent of basic pension in excess of Rs.1250.00
(iii)Rs.2001 to Rs.2130Rs. 23862.49 plus 629.97 percent of basic pension in excess of Rs.2000.00
(iv)Above Rs.2130Rs. 24681.45 plus 324.53 percent of basic pension in excess of Rs.2130.00
PART- II
Dearness Relief to pensioners who retired on or after 1st day of November 1992 / 1st July 1993
BASIC PENSIONDearness relief for the months February 2022 to July 2022  Average IndexSlabs
1772
8239
(i)Upto Rs.2400620.20 per cent.
(ii)Rs.2401 to Rs.3850Rs. 14884.80 plus 513.88 percent of basic pension in excess of Rs.2400.00
(iii)Rs.3851 to Rs.4100Rs. 22336.06 plus 301.24 percent of basic pension in excess of Rs.3850.00
(iv)Above Rs.4100Rs. 23089.16 plus 159.48 percent of basic pension in excess of Rs.4100.00
PART- III
Dearness Relief to pensioners, who retired on or after 1st day of April 1998.
BASIC PENSIONDearness relief for the months February 2022 to July 2022 Average IndexSlabs
1638
8239
(i)Upto Rs.3550393.12 per cent.
(ii)Rs.3551 to Rs.5650Rs. 13955.76 plus 327.60 of basic pension in excess of Rs.3550.00percent
(iii)Rs.5651 to Rs.6010Rs. 20835.36 plus 196.56 of basic pension in excess of Rs.5650.00percent
(iv)Above Rs.6010Rs. 21542.97 plus 98.28 of basic pension in excess of Rs.6010.00percent
PART-IV
Dearness Relief to pensioners, who retired on or after 1st day of November 2002.
Average Index (CPI) for quarter ended December 20218239
No. of Slabs1487
Rate of dearness relief on pension for the months  February 2022 to July 2022267.66 % of basic pension
(ignore decimals from 3rd place onwards)
PART-V
Dearness Relief to pensioners who retired on or after 1st day of November 2007.
Average Index (CPI) for quarter ended December 20218239
No. of Slabs1350
Rate of dearness relief on pension for the months February 2022 to July 2022202.50 % of basic pension
(ignore decimals from 3rd place onwards)
PART-VI
Dearness Relief to pensioners who retired on or after 1st day of November 2012.
Average Index (CPI) for quarter ended December 20218239
No. of Slabs949
Rate of dearness relief on pension for the months February 2022 to July 202294.90 % of basic pension
(ignore decimals from 3rd place onwards)

Part IV

Dearness Relief to pensioners, who retired on or after 1st day of November 2017.

Average Index (CPI) for quarter ended December 20218239
No. of Slabs471
Rate of dearness relief on pension for the months February 2022 to July 202232.97 % of basic pension
(ignore decimals from 3rd place onwards)

Dearness Relief to Bank Pensioners from February 2022 to July 2022 – IBA Order 2022

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