Dearness Relief for Pensioners
IBA vide their letter dated 07.02.2024 has informed the following rates of Dearness Relief Payable to staff Pensioners for the period February 2024 to July 2024.
| Average index (CPI) for quarter ended December, 2023 | 9122.33 |
S. No. | Particulars | Existing Slabs | Revised Slabs | % of Basic Pension |
1. | Dearness relief payable to pensioners who retired on or after 01.01.1986 but before 01.11.92/01.07.93 | 2070 | 2131 | 1427.77 % |
2. | Dearness relief payable to pensioners who retired on or after 01.11.92/01.07.93 | 1933 | 1994 | 697.90 % |
3. | Dearness relief payable to pensioners who retired on or after 01.04.98 | 1799 | 1860 | 446.40 % |
4. | Dearness relief payable to pensioners who retired on or after 01.11.2002 | 1648 | 1709 | 307.62 % |
5. | Dearness relief payable to pensioners who retired on or after 01.11.2007 | 1511 | 1572 | 235.80% |
6. | Dearness relief payable to pensioners who retired on or after 01.11.2012 | 1110 | 1171 | 117.10 % |
7. | Dearness relief payable to pensioners who retired on or after 01.11.2017 | 632 | 693 | 48.51 % |
Source; Pnb PF & Pension Division Circular No. 01/2024 dated 12.02.2024
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