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Third-Party Access to Pensioners’ Details Restricted

February 3, 2023 Eliza

The Central Pension Accounting Office in India has issued a memorandum regarding the non-disclosure of pensioner and family pensioner information to third parties. It has been observed that individuals, even advocates in some cases, have been visiting the office to obtain information about the pensioners and their families. In light of this, senior officers have taken a serious … [Read more...] about Third-Party Access to Pensioners’ Details Restricted

Defence Pensioners Advised to Complete Annual ID by 20th Feb 2023

February 3, 2023 Eliza

The Ministry of Defence has requested all defence pensioners to complete their annual identification by 20th February 2023. This is a statutory requirement for the continued and timely credit of the monthly pension. Approximately 3,19,366 defence pensioners drawing pension through the SPARSH system have not yet completed their annual identification. Pensioners can complete … [Read more...] about Defence Pensioners Advised to Complete Annual ID by 20th Feb 2023

DA Increase for Bank Workmen & Officers in 2023

February 2, 2023 Eliza

The Indian Banks’ Association has announced an increase in dearness allowance (DA) for workmen and officer employees in banks for the months of February, March and April, 2023. The increase is based on the average Consumer Price Index numbers for the quarter ended December 2022 and the 11th Bipartite Settlement and Joint Note dated 11.11.2020. The rate of DA payable to workmen … [Read more...] about DA Increase for Bank Workmen & Officers in 2023

DR for Surviving Pre-1986 Bank Retirees and their Spouses from Feb to July 2023

February 2, 2023 Eliza

The Indian Banks' Association has sent a letter to the designated officers of all nationalized banks and the State Bank of India regarding the dearness relief payable for the period of February 2023 to July 2023 for surviving pre 1.1.1986 retirees of banks and surviving spouses of pre 1.1.86 retirees who are in receipt of ex-gratia. The amount payable has been determined based … [Read more...] about DR for Surviving Pre-1986 Bank Retirees and their Spouses from Feb to July 2023

DR payable to Pensioners for the period Feb 2023 to July 2023 – IBA

February 2, 2023 Eliza

The Indian Banks' Association has informed all member banks that are parties to the Bipartite Settlement on Pension about the dearness relief payable to pensioners for the period of February 2023 to July 2023. The dearness relief is based on the confirmed All India Average Consumer Price Index Numbers for Industrial Workers for the quarter ending December 2022. Banks are … [Read more...] about DR payable to Pensioners for the period Feb 2023 to July 2023 – IBA

Further Installment of DR Announced by Tripura Government

February 2, 2023 Eliza

The government of Tripura has announced the release of a further installment of Dearness Relief @ 12% over the basic pension/basic family pension. The total quantum of Dearness Relief payable to the State Government pensioners and family pensioners will now be 20% with effect from December 1, 2022. The Pension Disbursing Authorities are authorized to calculate and disburse … [Read more...] about Further Installment of DR Announced by Tripura Government

12% DA for Tripura Government Employees

February 2, 2023 Eliza

The Tripura government has announced a further installment of Dearness Allowance (DA) at 12% over basic pay for state government employees effective from December 1, 2022. The total quantum of DA payable to state government employees will now be 20% over basic pay. The DA is a separate element of remuneration and will not be treated as pay within the ambit of FR 9(21). The rate … [Read more...] about 12% DA for Tripura Government Employees

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