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Banking Dearness Relief for Pensioners

October 19, 2018 GEDWEBZIP

Banking Dearness Relief for Pensioners

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2016-17/1998
February 1, 2017

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

Dear Sirs,

Dearness Relief payable to Pensioners for the period February 2017 to July 2017

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December,2016 are as follows:-

October        2016  –   6345.60
November   2016  –   6322.77
December   2016  –   6277.12

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 2017 to July 2017 as per Annexure.

Yours faithfully,

K S Chauhan
Senior Vice President

Signed Copy

Related posts:

  1. IBA Circulars : IBA published Dearness Relief Orders for Bank Pensioners for the period February 2014 to July 2014
  2. Banking Dearness Relief February 2017
  3. Dearness Relief payable to Pensioners for the period February 2015 to July 2015
  4. Dearness Relief payable to pensioners for the period February to july,2016
  5. Dearness Relief payable to Pensioners for the period August 2015 to January 2016
  6. Dearness Relief Payable to Pensioners for the Period August 2014 to January 2015
  7. Dearness Relief payable to Pensioners for the period August 2016 to January 2017
  8. DR payable to Pensioners for the period Feb 2019 to July 2019 – IBA
  9. FAQ for Central Civil Pensioners Dearness Relief(updated 04.11.2013)
  10. IBA: DR payable to Pensioners for August 2020 to Jan 2021
  11. Banking DA Feb-Mar-Apr-2017
  12. Grant of Dearness Relief to the Burma Civilian pensioners/family pensioners and pensioners /families of displaced Government Pensioners from Pakistan
  13. DR payable to Pensioners for the period August 2018 to January 2019
  14. Dearness Relief payable to Pensioners for the period August 2016 to January 2017
  15. Grant of Dearness Relief to Central Government pensioners/family pensioners – Revised rate effective from 01.01.2018
  16. Grant of Dearness Relief to Central Government pensioners/family pensioners — Revised rate effective from 1.7.2017
  17. Dearness Relief payable for the period February to July, 2016 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia
  18. Release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners
  19. Dearness Relief payable for the period August 2016 to January 2017 to surviving pre 1.1.1986 retirees of banks Oh) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia
  20. Grant of Dearness Relief (DR) to Central Government pensioners/family pensioners – W.E.F 01/07/2019

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