Introduction:
The latest All-India Consumer Price Index (AICPIN) data for the second half of 2024, released by the Labour Bureau (Ministry of Labour and Employment) awaited since January 31 2025 as per advance Calendar, indicates a significant increase in Dearness Relief (DR). This update brings substantial relief to RBI pensioners, family pensioners, and other bank pensioners.

Dearness Relief update for Slab Increase:

Pensioners whose pensions were consolidated at 6352 points (base year 1960=100) from February 25 to July 25 will see a rise of 66 DR slabs. This translates to a 4.62% increase in pension for the half-year period.

Dearness Relief Percentage Breakdown:

Here’s a breakdown of the Dearness Relief percentage gains based on different CPI levels (other banks):

• Pensioners/Family Pensioners (CPI 4440): 126% of basic pension.
• Pensioners/Family Pensioners (CPI 2836): 249.15% of basic pension.
• Ex-Gratia Recipients: 1487.40% of ex-gratia/family ex-gratia.
• Working staff (12th BPS):21.20% of Basic Pay
• IBA circulars
• RBI circular
  

Impact on Pensioners:

This DR increase will significantly benefit pensioners and their families, providing much-needed financial support during these times and offers a welcome boost to their monthly income.

Understanding the AICPIN and DR:

The AICPIN is a key indicator used to calculate Dearness Relief. It measures the change in the cost of a basket of goods and services consumed by industrial workers. The DR is then adjusted based on these fluctuations to help pensioners maintain their purchasing power.