DA Hike: The central government has made a big announcement for its pensioners and family pensioners. Now the Dearness Relief (DR) given to these people has been increased from 50% to 53%.
This new rate will be applicable from 1 July 2024. Its purpose is to give relief to pensioners from rising inflation. This decision has been taken by the Department of Pension and Pensioners Welfare (DoPPW) on 30 October 2024.
Who all are entitled to this benefit?
These people will benefit from this increased percentage of dearness relief
- Central Government civilian pensioners and their family pensioners.
- Armed Forces Pensioners and their families.
- Civilian pensioners of Defence Services.
- Pensioners of All India Services.
- Railway pensioners.
- Pensioners receiving temporary pension.
- Displaced government pensioners and their families from Burma and Pakistan.
Key Points
Method of determination of amount : Fractions of the amount of dearness relief shall be rounded off to the next whole rupee.
Payment of arrears : Arrears of dearness relief will be given along with pension in October 2024.
Controlling Rules : Dearness Relief to re-employed Government pensioners will be payable as per CCS (Pension) Rules, 2021.
Separate rules for judges: Separate orders will be issued for retired judges of the Supreme Court and High Courts.
Bank’s responsibility : Banks and other pension disbursing institutions will ensure that every pensioner gets the correct amount of dearness relief. This increased percentage of dearness relief will help in providing relief to the Central Government pensioners from the effects of inflation. This will help in meeting their daily needs.
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