Showing posts with label Dearness Relief. Show all posts
Showing posts with label Dearness Relief. Show all posts

Monday, October 18, 2010

Grant of Dearness Relief to Railway Pensioners / Family Pensioners



GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)


RBE.No. 149/2010
New Delhi, dated 11.10.2010.

S.No.PC-VI/231
No.PC-VI/2008/1/7/2/2



The GMs/CAO (R),
All Indian Railways/Production Units,
(as per mailing List)


Subject : Grant of Dearness Relief to Railway pensioners/family pensioners - Revised rate effective from 01.07.2010.



A copy of Office Memorandum No.42/18/2010-P& PW (G) dated 27.09.2010 of Ministry of Personnel, Public Grievances & Pensions (Department of Pension and Pensioners' Welfare) on the above subject is enclosed for your information and necessary action. These orders will apply mutatis mutandis on the Railways also.

2. A concordance of DOP&PW's instructions referred to in the enclosed Office Memorandum and Railway Board's corresponding instructions are given below:-

S.No. Para No. No. & date of Deptt. of Pension & Pensioners' Welfare's O.M. No. & date of corresponding orders issued by Railway Board
1. 1 O.M. No.42/18/2010 P&PW (G) dated 31.03.2010. PC-VI/2008/1/7/2/2 dated 22/04.2010.
2. 2 (i) O.M. No.23/1/97 - P&PW (B) dated 23.02.1998.
(ii) O.M. No.23/3/2008 P&PW (B) dated 15.09.2008.
N.A.
3. 3 (i) O.M. No.4/59/97 P&PW (D) dated. 14.07.1998
(ii) O.M. No. 4/29/99 P&PW (D) dated 12.07.2000
(i) F(E)III/96/PN 1/9 dated 18.08.1998.
(ii) F(E)III/96/PN 1/9 dated 02.08.2000.
4 5. (i) O.M. No.45/73/97 P&PW (G) dated 02.07.1999
(ii)O.M. No.38/88/2008 - P&PW (G) dated 9.7.2009
(i) F(E)III/99/PN 1/21 dated 05.08.1999.
(i) F(E)III/2008/PN 1/13 dated 20.7.2009.


3. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.



s/d
(Hari Krishan)
Director Pay Commission II
Railway Board



Source: www.indianrailways.gov.in

Monday, September 27, 2010

ENHANCED DEARNESS RELIEF ORDER PUBLISHED BY DOPT



F. No. 42/18/2010-P&PW(G)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi – 110003
Date: 27th September, 2010


OFFICE MEMORANDUM


Subject:     Grant of Dearness Relief to Central Government pensioners/family pensioners Revised rate effective from 1.7.2010.

        The undersigned is directed to refer to this Department’s OM No. 42/18/2010-P&PW(G) dated 31.3.2010 on the subject mentioned above and to state that the President is pleased to decide that the Dearness Relief payable to Central Government pensioners shall be enhanced from the existing rate of 35% to 45% w.e.f. July, 2010.

2.         These orders apply to (i) All Civilian Central Government Pensioners/Family Pensioners (ii) The Armed Forces Pensioners, Civilian Pensioners paid out of the Defence Service Estimates, (iii) All India Service Pensioners (iv) Railway Pensioners and (v) The Burma Civilian pensioners/famiiy pensioners and pensioners/families of displaced Government pensioners from Pakistan, who are Indian Nationals but receiving pension on behalf of Government of Pakistan, who are in receipt of ad-hoc ex-gratia allowance of Rs. 3500/- p.m. in terms of this Department’s OM No. 23/1/97-P&PW(B) dated 23.2.1998 read with this Department’s OM No. 23/3/2008-P&PW(B) dated 15.9.2008.

3.         Central Government Employees who had drawn Iumpsum amount on absorption in a PSU/Autonomous body and have become eligible to restoration of1/3 rd commuted portion of pension as well as revision of the restored amount in terms of this Department‘s OM No. 4/59/97-P&PW (D) dated 14.07.1998 will also be entitled to the payment of DR 45% w.e.f. 1.7.2010 on full pension i.e. the revised pension which the absorbed employee would have received on the date of restoration had he not drawn Iumpsum payment on absorption and Dearness Pension subject to fulfillment of the conditions laid down in para 5 ofthe O.M. dated 14.07.98. In this connection, instructions contained in this Department’s OM (D) dated. 12.7.2000 refers.

4.         Payment of DR involving a fraction of a rupee shall be rounded off to the next higher rupee.

5.         Other provisions governing grant of DR in respect of employed family pensioners and re­empIoyed Central Government Pensloners will be regulated in accordance with the provisions contained in this Department’s OM No. 45/73/97-P&PW (G) dated 2.7.1999 as amended vide this Department’s OM No. F. No. 38/88/2008-P&PW(G) dated 9th July, 2009. The provisions relating to regulation of DR where pensioner is in receipt of more than one pension will remain unchanged.

6.         In the case of retired Judges of the Supreme Court and High Courts, necessary orders will be issued by the Department of Justice separately.

7.         It will be the responsibility of the pension disbursing authorities, including the nationalized banks, etc. to calculate the quantum of DR payable in each individual case.

8.         The offices of Accountant General and Authorised Public Sector Banks are requested to arrange payment of relief to pensioners etc. on the basis of above instructions without waiting for any further instructions from the Comptroller and Auditor General of India and the Reserve Bank of India in view of letter No. 528-TA, II/34-80-II dated 23/04/1981 of the Comptroller and Auditor General of India addressed to all Accountant Generals and Reserve Bank of India Circular No. GANB No.2958/GA-64 (ii) (CGL)/81 dated the 21st May, 1981 addressed to State Bank of India and its subsidiaries and all Nationalised Banks.

9.         In their application to the pensioners/family pensioners belonging to Indian Audit and Accounts Department, these orders issue in consultation with the C&AG.

10.         This issues with the concurrence of Ministry of Finance, Department of Expenditure vĂ­de their OM No. 1(4)/EV/2004 dated 24th September, 2010.

s/d
( V.K Wadhwa )
Under Secretary to the Government of India



Please visit http://persmin.nic.in/pension for the orders on pension matters including above orders. www.persmin.nic.in

Wednesday, September 22, 2010

Payment of Dearness Allowance to Centrel Government employees - Revised rates effective from 1-7-2010



No. 1(6)/2010-E-II(B)
Government of India
Ministry of Finance
Department of Expenditure
-------

New Delhi,the 22nd September,2010

OFFICE MEMORANDUM

Subject:   Payment of Dearness Allowance to Centrel Government employees - Revised rates effective from 1-7-2010.

------------------



      The undersigned is directed to refer to this ministry’s Office Memorandum No.1(3)/2009-E-II(B) dated 26th March.2010 on the subject mentioned above and to say that the president is pleased to decide that the Dearness Allowance payable to central government employees shall be enhanced from the existing rate of 35% to 45% with effect from 1st July 2010.

2 .     The provisions contained in paras 3, 4 and 5 of this Office Memorandum No.1(3)/2008 29th August,2008 shall continue to be applicable while regulating Dearness Allowance under these orders

3.     The additional instalment of Dearness Allowance payable under these orders shall be paid in cash ro all Central Government employees.

4.    These orders shall also apply to the civilian employees paid from the Defence Services Estimates and expenditure will be chargeable to the relevant head of the Defence Services Estimates.In regard to Armed Forces Personnel and railway employees separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

5.     In so far the persons serving in the Indian Audit an Accounts Department are concerned, these orders issue after consultation with the Comptroller and Auditot General of India.


s/d
(Anil Sharma)
Under Secretary to the Government of India



www.finmin.nic.in

Tuesday, August 31, 2010

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of July, 2010



All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of July, 2010 increased by 4 points and stood at 178 (one hundred and seventy eight).

During July, 2010, the index recorded an increase of 11 points each in Bhavnagar and Giridih centres, 10 points each in Ranchi Hatia, Chandigarh and Amritsar centres, 9 points in 2 centres, 8 points in 2 centres, 7 points in 5 centres, 6 points in 9 centres, 5 points in 11 centres, 4 points in 11 centres, 3 points in 11 centres, 2 points in 5 centres and 1 point in 9 centres. The index decreased by 2 points each in Coimbatore and Warrangal centres and 1 point in Salem centre, while in the remaining 5 centres the index remained stationary.

The maximum increase of 11 points in Bhavnagar centre is mainly on account of Housing Index and increase in the prices of Groundnut Oil, Milk, Vegetable & Fruit items, etc. The increase of 11 points in Giridih centre is due to Housing Index and increase in the prices of Rice, Vegetable & Fruit items, Soft Coke, etc. The increase of 10 points each in Ranchi Hatia, Chandigarh and Amritsar centres is mainly on account of Housing Index and increase in the prices of Rice, Wheat Atta, Onion, Vegetable & Fruit items, Kerosene Oil, Cooking Gas, etc. However, the decrease of 2 points in Coimbatore and Warrangal centres is due to decrease in the prices of Rice, Vegetable items, etc. and the decrease of 1 point in Salem centre is due to decrease in the prices of Rice, Vegetable items, etc.

The indices in respect of the six major centres are as follows:

1. Ahmedabad – 175
2. Bangalore – 183
3. Chennai – 162
4. Delhi – 164
5. Kolkata -175
6. Mumbai -175


The point to point rate of inflation for the month of July, 2010 is 11.25% as compared to 13.73% in June, 2010.



www.labourbureau.nic.in

Sunday, August 22, 2010

Grant of Dearness Relief to the Railway pensioners who are in receipt of provisional pension or pension in the pre-revised scale of 5th CPC



GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)

PC-VI No.221
RBE No.115/2010


New Delhi, dated 10.08.2010

S.No.PC-VI/222
No.PC-V/2009/A/DR/1


The General Managers/CAO(R)
All Indian Railways / PUs

(As per standard mailing list)

Sub:    Grant of Dearness Relief to the Railway pensioners who are in receipt of provisional pension or pension in the pre-revised scale of 5th CPC w.e.f.1-1-2010.

             A copy of Office Memorandum No.42/18/2010-P&W (G) dated 29-6-2010 of Ministry of Personnel, Public Grievances & Pensions (Department of Pension & Pensioners' Welfare) on the above subject is sent herewith for your information and necessary action.

2.          In pursuance of the enhanced rates of ex-gratia to the surviving SRPF (C) retirees issued vide Board's letter No. F(E)III/98/PNI/Ex-Gr./3 dated 15.11.2006 para 1 (ii) of DoP&PW's O.M. dated 29-6-2010 may be read as under:- "The surviving Group 'A', 'B', 'C' and 'D' SRPF (Contributory) beneficiaries who had retired from service during the period from 01.04.1957 to 31.12.1985 and have been sanctioned enhanced slab-wise ex-gratia @ Rs.3000/-, Rs.1000/-, Rs.750/- and Rs.650/- per month respectively w.e.f. 01.11.2006, in lieu of uniform rate of Rs.600/-p.m. are entitled to Dearness Relief @87% w.e.f. 1.1.2010."

        3. A concordance of various instructions and orders referred to in the enclosed office memoranda with reference to corresponding Railway instructins is indicated below:-

S.No. Para No. No. and date of Deptt. of Pension & Pensioners' welfare's O.M. No.& date of Corresponding orders issued by Railway Board
1. 1 of OM dated 29-6-2010 OM No.42/12/2009-P&PW (G) dated 17-11-2009 PC-V/2009/A/DR/1 dt.07-01-2010
2. 2 of OM dated 17.11.2009 OM No. 45/52/97-P&PW (E) dt. 16.12.1997 F(E)III/97/PN1/EX-Gr/3 dt. 31.12.1997


4.          This issues with the concurrence of the Finance Directorate of the Ministry of Railways.

5.          Hindi version will follow.

DA: As above



s/d
(N.P.Singh)
Dy.Director, Pay Commission - V
Railway Board.



More details...
All India Railwaymen's Federation

Thursday, April 1, 2010

Grant of 8% additional Dearness Relief to all Pensioners w.e.f.1.1.2010



F.No. 42/18/2010 - P&PW(G)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Pension & Pensioners' Welfare


3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi - 110003
Date: 31st March, 2010.

  

OFFICE MEMORANDUM

  

Subject: Grant of Dearness Relief to Central Government pensioners/family pensioners - Revised rate effective from 1.1.2010.

  

              The undersigned is directed to refer to this Department's OM No. 42/12/2009 - P& PW(G) dated 23.9.2009 on the subject mentioned above and to state that the President is pleased to decide that the Dearness Relief payable to Central Government pensioners shall be enhanced from the existing rate of 27% to 35% w.e.f. 1st January, 2010.

2.          These orders apply to (i) All Civilian Central Government Pensioners/Family Pensioners (ii) The Armed Forces Pensioners, Civilian Pensioners paid out of the Defence Service Estimates, (iii) All India Service Pensioners (iv) Railway Pensioners and (v) The Burma Civilian pensioners/family pensioners and pensioners and pensioners/families of displaced Government pensioners from Pakistan, who are Indian Nationals but receiving pension on behalf of Government of Pakistan, who are in receipt of ad-hoc ex-gratia allowance of Rs.3500/- p.m. in terms of this Department's OM No. 23/1/97-P&PW(B) dated 23.2.1998 read with this Department's OM No. 23/3/2008 - P&PW(B) dated 15.9.2008.

3.           Central Government Employees who had drawn lumpsum amount on absorption in a PSU/Autonomous body and have become eligible to restoration of 1/3rd commuted portion of pension as well as revision of the restored amount in terms of this Department's OM No. 4/59/97 - P&PW (D) dated 14.07.1998 will also be entitled to the payment of DR @ 35% w.e.f. 1.1.2010 on full pension i.e. the revised pension which the absorbed employee would have received on the date of restoration had he not drawn lumpsum payment on absorption and Dearness Pension subject to fulfillment of the conditions laid down in para 5 of the O.M. dated 14.07.98. In this connection, instructions contained in this Department's OM No.4/29/99 - P & PW (D) dated 12.7.2000 refers.

4.           Payment of DR involving a fraction of a rupee shall be rounded off to the next higher rupee.

5.           Other provisions governing grant of DR in respect of employed family pensioners and re-employed Central Government Pensioners will be regulated in accordance with the provisions contained in this Department's OM No. 45/73/97 - P&PW (G) dated 2.7.1999 as amended vide this Department's OM No. F. No. 38/88/2008 - P&PW (G) dated 9th July, 2009. The provisions relating to regulation of DR where pensioner is in receipt of more than one pension will remain unchanged.

6.           In the case of retired Judges of the Supreme Court and High Courts, necessary orders will be issued by the Department of Justice separately.

7.           It will be the responsibility of the pension disbursing authorities, including the nationalized banks, etc. to calculate the quantum of DR payable in each individual case.

8.           The offices of Accountant General and Authorised Public Sector Banks are requested to arrange payment of relief to pensioners etc. on the basis of above instructions without waiting for any further instructions from the Comptroller and Auditor General of India and the Reserve Bank of India in view of letter No. 528-TA, II/34-80-II dated 23/04/1981 of the Comptroller and Auditor General of India addressed to all Accountant Generals and Reserve Bank of India Circular No.GANB No. 2958/GA-64 (ii) (CGL)/81 dated the 21st May, 1981 addressed to State Bank of India and its subsidiaries and all Nationalised Banks.

9.           In their application to the pensioners/family pensioners belonging to Indian Audit and Accounts Department, these orders issue in consultation with the C&AG.

10.           This issues with the concurrence of Ministry of Finance, Department of Expenditure vide their OM No. 1(4)/EV/2004 dated 31.3.2010.

(V.K. Wadhwa)
Under Secretary



To, All Ministries / Departments to the Government of India / Chief Secretaries and AGs of all States / UTs.

Please visit http//persmin.nic.in/pension for the orders on pension matters including above orders.

Wednesday, March 24, 2010

Five smart ways to use your bonus, DA windfall



Five smart ways to use your bonus, DA windfall

Last week, the Union Cabinet provided relief to over five million central government employees by increasing the dearness allowance (DA) from 27 per cent to 35 per cent. It also increased the dearness relief (DR) for pensioners by 8 per cent.

These amounts will be paid to employees and pensioners with retrospective effect, from January 2010. DA is calculated as a percentage of basic salary; DR is a percentage of basic pension, based on the cost of living index.

Windfall gains are easier to dream about than manage. Here is some advice on using the money:

Clear or reduce liabilities: Start with retiring high-cost credit card dues and personal loans. Even if you can't clear the entire debt in one go, start the process.

Interest on credit card loans can be as high as 40-50 per cent a year and on personal loans between 12 per cent and 30 per cent.

Govind Pathak, director, Acorn Wealth, said: "A home loan is the only one that can be continued because of the tax benefits it provides."

Purchase medical insurance: Even if you have a company-provided plan, it makes sense to have an additional policy "Take a health plan when you are between 40 and 50 so that it runs after your retirement too," added Pathak.

Start investing for a corpus: Use the amount to start investing through systematic investment plans of mutual funds. Even if you make a small start, savings over a long period can be substantial because of compounding of investments. Equity diversified funds should be the way to go. If it is a large sum, use the systematic transfer plan route.

Anil Rego, CEO, Right Horizons, said: "Pensioners should invest to build an emergency kitty for medical purposes."

Debt is a good option: Those nearing retirement should opt for debt, as protecting the capital with stable returns is of prime importance. Use monthly income plans that work like debt-oriented balanced funds. These invest only 20 per cent of the money in equities.

Taxation: Homi Mistry, tax partner, Deloitte, Haskins and Sells, said: "The employer is liable to tax the employee at source at the time of making the payment. If arrears paid in a relevant year are not taxed in the earlier year, the employee will be taxed in the year the payment is made."

Therefore, the government will deduct tax at source when the amount is paid in April.

For pensioners, the tax will depend on the total income, including the pension amount and income from other sources. Also, the exemption limit of Rs 2.4 lakh (Rs 240,000) is available only to those above the age of 65. Not to forget that if the tax is deducted at source, it will be on the basis of the old tax slab.
Source: Rediff Business

Tuesday, March 31, 2009

Grant of DR (Dearness Relief) to Central Government Pensioner / Family Pensioners Revised from 1.1.2009 - DOPT order

No. 42/12/2009 - P&PW (G)

Government of India

Ministry of Personnel, Public Grievances & Pensions

Department of Pension & Pensioners Welfare

3rd Floor, Lok Nayak Bhawan,
Khan Market,
New Delhi, the 27th March, 2009

OFFICE MEMORANDUM



Subject : Grant of dearness relief to Central Government Pensioners/Family Pensioners –
Revised rate effective from 1-1-2009.


1. The undersigned is directed to refer to this Department’s OM No. 42/2/2008 P&PW (G) dated 12th September, 2008 and 25-9-08 sanctioning the installment of Dearness Relief (DR) admissible from 1-7-2008 and to say that the President is pleased to decide that DR shall be paid to the Central Government Pensioners/Family Pensioners to compensate them for the rise in cost living at the rate of 22% w.e.f. 1-1-2009 in suppression of the rate mentioned in the OM dated 12.9.2008 and 25.9.2008 referred to above.

2. These orders apply to
(i) All Civilian Central Government Pensioners/Family Pensioners
(ii) The Armed Forces Pensioners, Civilian Pensioners paid out of the Defence Service Estimates,
(iii) All India Service Pensioners
(iv) Railway Pensioners and
(v) The Burma Civilian Pensioners/Family Pensioners and pensioners/families of displaced Government pensioners from Pakistan, who are Indian nationals but receiving pension on behalf of Government of Pakistan, who are in receipt of ad-hoc ex-gartia allowance of Rs. 3500 p.m. in terms of this Department’s OM No. 23/1/97 – P&PW (B) dated 23.2.1998 read with this Department’s OM No. 23/3/2008 P&PW (B) dated 15-9-08.

3. Central Government Employees who had drawn lump sum amount on absorption in a PSU/Autonomous body and have become eligible to restoration of 1/3 rd commuted portion of pension as well as revision of the restored amount in terms of this Department’s OM No. 4/59/97 P&PW (D) dated 14-7-1998 will also be entitled to the payment of DR @ 22% w.e.f. 1.1.2009 on full pension i.e. the revised pension which the absorbed employee would have received on the date of restoration had he not drawn lumpsum payment on absorption and Dearness Pension subject to fulfillment of the conditions laid down in para 5 of the OM dated 14.7.1998. In this connection, instructions contained in this Department’s OM No. 4/29/99 P&PW (D) dated 12-7-2000 refers.

4. The surviving CPF beneficiaries who had retired from service between the period 18-11-1960 to 31.12.1985 and are in receipt of Ex-gratia @ Rs.600 p.m. with effect from 1.11.1997 to Dearness Relief @ 54 % w.e.f. 1.7.2008. and @ 64% w.e.f. 1.1.2009.