Central Government approved 6% DA and DR to CG Employees and Pensioners from Jan 2015
Finally yesterday afternoon only, the Union Cabinet gave its approval to
release of an another additional Dearness Allowance with effect from
1.1.2015 to Central Government Employees and Pensioners.
According to the DA Calculation recommended by the 6th Pay Commission,
Central released 6% of additional Dearness Allowance / Dearness Relief
over the existing of 107% of the Basic Pay / Pension with effect from
1st Jan 2015 to CG Employees / Pensioners.
Now, Central Government employees as well as pensioners are entitled for
DA/DR at the rate of 113 percent of the basic pay with effect from
01.01.2015. The arrears for three months from January to March 2015 will
be paid after the formal orders issued by Finance Ministry.
Cabinet Approved 6% DA to CG Employees and Pensioners from 1.1.2015
Release of additional installment of Dearness Allowance to Central
Government employees and Dearness Relief to Pensioners, due from
1.1.2015
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi,
today gave its approval to release an additional installment of Dearness
Allowance (DA) to Central Government employees and Dearness Relief (DR)
to pensioners with effect from 01.01.2015 at the rate of six percent
increase over the existing rate of 107 percent.
Hence, Central Government employees as well as pensioners are entitled
for DA/DR at the rate of 113 percent of the basic pay with effect from
01.01.2015. The increase is in accordance with the accepted formula
based on the recommendations of the 6th Central Pay Commission.
The combined impact on the exchequer on account of both DA and DR would
be of the order of Rs. 6762.24 crore per annum and Rs. 7889.34 crore in
the Financial Year 2015-16 ( i.e. for a period of 14 months from January
2015 to February 2016).
This will benefit 48 lakh government employees and 55 lakh pensioners.
Source: PIB News