DA of Union government employees and dearness relief (DR) of pensioners hiked
Posted on: 01/Mar/2014 11:47:44 AM
Yesterday it was a day of joy for 50 lakh Central Government employees and 30 lakh pensioners and family pensioners.
The Union Cabinet on Friday increased the dearness allowance (DA) of Union government employees and dearness relief (DR) of pensioners by 10 per cent of the basic pay, taking the rate to 100 per cent.
It fixed the minimum monthly pension paid by the Employees Provident Fund Organisation at Rs. 1,000. The new rate, effective from April 1, is expected to benefit 28 lakh pensioners.
Further benefiting government employees, the Cabinet approved the terms of reference for the Seventh Pay Commission set up to suggest wage and allowance revision.
The increased DA and DR, which will benefit 50 lakh employees and 30 lakh pensioners and family pensioners, will be given with retrospective effect from January 1 in cash, but not before the disbursement of March salary.
