Author Topic: D A for Central Govt Employees from 1st July  (Read 1833 times)

Baljit NABHA

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D A for Central Govt Employees from 1st July
« on: September 09, 2015, 01:23:41 PM »
Central Govt has announced 6% D A to its staff wef 1st July 2015 raising total D A from 113% to 119%  [/size][/img]
« Last Edit: July 31, 2016, 07:06:34 PM by Baljit NABHA »

Baljit NABHA

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Re: D A for Central Govt Employees from 1st July
« Reply #1 on: September 10, 2015, 04:35:25 AM »

Baljit NABHA

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Re: D A for Central Govt Employees from 1st July
« Reply #2 on: September 10, 2015, 09:25:32 AM »

Baljit NABHA

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Re: D A for Central Govt Employees from 1st July
« Reply #3 on: July 31, 2016, 07:05:05 PM »
2% DA due on new pay for central govt employees from 1st July 2016 .

Baljit NABHA

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Re: D A for Central Govt Employees from 1st July
« Reply #4 on: July 31, 2016, 07:05:43 PM »
The AICPI for June 2016 is declared today. It is 277 points.

As all know, the Pension will be revised for CDA pensioners with effect from 1-1-2016 under Seventh CPC formula.

It is simple: Existing Basic Pension x 2.57 = The new Basic Pension

CDA:0 % from January 2016. It will increase to 2 % from July 2016.

Under Sixth CPC system the CDA would have increased by 7 percent.

See the impact on a pensioner with Exiting Basic Pension of Rs 10000:

Rs 10000 x 7/100 = Rs 700.00 ........New BP Rs 25700 x 2/100 = Rs 514.00.

A reduction of Rs 186 in the quantum of CDA!

At this rate, the benefit from Seventh CPC will disappear within 4 or 5 years.

 

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