Data for the half year ending June 22
Labour Bureau, M/o Labour and Employment have made available the All India Consumer Price Index numbers AICPIN for the half year ending June 22 and the data is shown in chart above:
Based on this data , Dearness relief rates as given below shall come into force from August 22 to January 23.
Pensioners retired before 1.11.2017
i) The increase in DR RATE effective for the half year August 22 to January 23 comes to 55 slabs (5.50% increase) and total DR works out to 100.40% of Basic Pension for the pensioners, who are getting pension on CPI=4440.
Pensioners retired after 1.11.2017
ii) RBI and Other Bank Pensioners who are getting pension on CPI=6352 will get 3.85% rise in DR and total DR for them works out to 36.82% of Basic Pension.
(iii)The Dearness Relief in respect of all family pensioners in RBI who are being paid DR based on CPI = 2836 will be 210.75 % of Basic Family Pension. (iv) The in service employees will get 54 slabs more. (v) The Dearness Relief in respect of ex-gratia recipients in RBI will be 1316.88 % of Amount of Ex-gratia per month. Incidentally, it has been noticed that some officers Associations of other banks and some you tube channels have circulated AICPIN for June 22 which is at variance with the official data . An extract from Press Release F.No. 5/1/1/2021-CPIdated 29 July,2022 is reproduced here."The All-India CPI-IW for June, 2022 increased by 0.2 points and stood at 129.2 (one hundred twenty nine point two).
Pension Calculator App to calculate Pension has been updated here.
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