Bank D.A. to increase 33 slabs, Pensioners to get 17 slabs more from August 2014
33 SLABS INCREASE IN DA FOR BANK WORKMEN/OFFICERS FOR AUGUST SEPT AND OCT’14 QUARTER
Labour Bureau,Ministry of Labour and Employment,Govt.of India, has released All India Consumer Price Index Numbers for Industrial Workers ,Base 2001=100 for the month of June’14,today which stood at 246 points with an increase of 2 points while compared to May figure.
Thus the confirmed All India average CPI(IW) 1960=100 for the quarter would be 5569.52.As such there will be 33 slabs increase in DA for bank Staff at 102.45 % (as against 97.50% in previous quarter with 4 .95% increase)as per details furnished here under:
Base Year 2001=100 1960=100
APR 242 5523.87
MAY 244 5569.52
JUNE 246 5615.17
Average index 5569.52
Less merged index(9thBPS) 2836
Slabs 683
Increase (683 -old 650) 33 slabs
DA. @0.15% 102.45%
The quantum of increase in DA to Bank Officers,Clerks and Sub Staff
for the next quarter –August to October’14 is furnished hereunder;
Kindly note that DA details are given only for information and
wait for Official DA circular of IBA which will be released shortly.
Detailed DA payable to bank Pensioner w.e.f.August 2014 to January 2015 as per date of of retirement is given below for information:
| D.A.PAYABLE TO BANK PENSIONERS.w.e.f. | AUG.’14 | ||||
| RETIRED | On Or After | 1.1.1986 | 5569 | 1242 | over 600 |
| Upto 1250 | 1251-2000 | 2001-2130 | Above 2130 | ||
| 832.14 | 683.10 | 409.86 | 211.14 | % | |
| RETIRED | After | 1.11.1992 | upto 31.3.98 | 1105 | over 1148 |
| Upto 2400 | 2401-3850 | 3851-4100 | Above 4100 | ||
| 386.75 | 320.45 | 187.85 | 99.45 | % | |
| RETIRED | AFTER | 1.11.98 upto | 31.10.2002 | 971 | over 1684 |
| Upto 3550 | 3551-5650 | 5651-6010 | Above 6010 | ||
| 233.04 | 194.20 | 116.52 | 58.26 | % | |
| RETIRED | ON OR | AFTER | 1.11.2002 | 820 | over2288 |
| 147.60 | % | ||||
| RETIRED | ON OR | AFTER | 1.11.2007 | 683 | over 2836 |
| 102.45 | % | ||||
| .pm.31.7.14 | |||||
Kindly await for IBA circular on DA increase which may be issued shortly
Courtesy Mr Mohan P. (We also thank Mr Debashis Das for providing the calculation)
source-http://www.paycommissionupdate.blogspot.in/2014/07/bank-da-to-increase-33-slabs-pensioners.html
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