Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2019 under X BPS/ Joint Note dated 25.5.2015

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR&IR/76/D/2019-20/7217

May 2, 2019

All Members of the Association
(Designated Officers)

Dear Sir/Madam,

Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2019 under X BPS/Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=140} for the quarter ended March 2019 are as follows:-

January 2019 – 7007.55
February 2019 – 7007.55
March 2019 – 7053.20

The average CPI of the above is 7023 and accordingly the number of DA slabs are 645 (7023-4440= 2583/4= 645 Slabs) The last quarterly Payment of DA was at 611 Slabs. Hence there is an increase in DA slabs of 34, i.e 645 Slabs for payment of DA for the quarter May. June & July, 2019

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of May, June & July, 2019 shall be 64.50 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Yours faithfully,
sd/-
S K Kakkar
Senior Advisor (HR&IR)

Similar Posts:

• DA for Bankers from May to July 2017 as per 10th BPS/Joint Note
• DA to Bank Staff from May 2018 – IBA Circular
• DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note
• DA for Bank Employees for Aug, Sep & Oct 2017 as per 10th BPS
• Bank Employees DA – Orders issued for May, June and July 2015 by IBA

Indian Banks’ Association

HR Industrial Relations

No.CIR/HR&IR/76D/2016-17/1338
November 1, 2016

All Members of the Association
(Designated Officers)

Dear Sirs,

Dearness Allowance Workmen and Officer Employees in banks for the months of November, December 2016 & January 2017 under X BPS/Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960-100) for the quarter ended Scptember 2016 are as follows:-

July 2016 – 6391.25

Aug 2016 – 6345.60

Sep 2016 – 6322.77

The average CPI of the above is 653 and accordingly the number of slabs are 478(6353-4440 1913/4 478 Slabs). The last quarterly Payment of DA was at 455 Slabs. Hence there is an increase in DA slabs of 23, i.e.478 Slabs for payment of DA for the quarter Nov, Dec 2016 and January 2017.

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of Nov, Dec 2016 & January 2017 shall be 47.80 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

We advise banks to pay the difference between the old and revised salary and allowance to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.

Yours faithfully

sd/-
K.S.Chauhan
Senior Vice President

Similar Posts:

• IBA Circular on DA for Bank Staff
• DA for Bank Staff and Officers from Nov 2018 to Jan 2019
• IBA Orders on DA : Increase in DA Slabs of 34 – 64.50 % May to July 2019
• DA for Bankers from May to July 2017 as per 10th BPS/Joint Note
• DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note

The confirmed All India Average consumer Price Index Numbers for Industrial workers (Base 1960=100) for the quarter ended June, 2016 are as follows:-

April 2016 – 6185.82
May 2016 – 6277.12
June 2016 – 6322.77

In terms of Regulation 37 of Bank Employees ‘Pension Regulations, 1995 Dearness Relief is payable to pensioners at rates specified in Appendix II to the Regulations.

Click to view all the orders regarding DA and DR issued by IBA

Dearness Relief payable to Pensioners for the period august 2016 to January 2017

Dearness Relief payable for the period August 2016 to January 2017 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia

Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2016 under X BPS/Joint Note dated 25.05.2015

Similar Posts:

• Dearness Relief to Bank Pensioners for the period Aug 2017 to Jan 2018 – IBA Circular
• DR for Bank Pensioners for the period August 2017 to January 2018 – IBA Circular
• Dearness Relief payable for the period February to July, 2016 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia
• Dearness Relief payable to Pensioners for the period February to July, 2016 – IBA
• Dearness Relief to Bank Pensioners from February 2018 to July 2018 – IBA Orders

Dearness Allowance – 6 Slabs less from May, 2016

AIBEA published a circular regarding Dearness Allowance after the announcement of CPI(IW) index for the month of March 2016 made by Labour Bureau.

Dearness Allowance – 6 Slabs less from May, 2016

D.A. Rates @ 0.10% per slab for 420 Slabs over 4440 points for all cadre/stages: 42.00%
Note: D.A. and Increase shown here includes Basic Pay and Special Allowance

D.A. Rates for Pensioners (%) – No change

Similar Posts:

• Bank DA Expected to Go Up with 65 Slabs
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• Bank DA Calculation for Nov 2014 – Hike of 49 Slabs

Indian Banks’ Association

HR & INDUSTRIAL RELA TIONS

No.CIR/HR&IR/D/G2/2015-16/2013
January 30, 2016

Designated Officers of all Member Banks
Which are parties to the Bipartite Settlement on Pension

Dear Sirs,
Dearness Relief payable to Pensioners for the period February to July, 2016

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960= 100) for the quarter ended December, 2015 are as follows:-

In terms of Regulation 37 of Bank Employees’ Pension Regulations, 1995 Dearness Relief is payable to pensioners at rates specified in Appendix II to the Regulations.

Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the Dearness Relief payable to pensioners for the period February 2016 to July 2016 as per Annexure.

Yours faithfully,

Sd/-
K S Chauhan
Senior Vice President

Similar Posts:

• Dearness Relief to Bank Pensioners from February 2018 to July 2018 – IBA Orders
• Dearness Relief to Bank Pensioners for the period Aug 2017 to Jan 2018 – IBA Circular
• Dearness Relief payable for the period February to July, 2016 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia
• DR for Bank Pensioners for the period August 2017 to January 2018 – IBA Circular
• IBA Issues Bank DA and DR Orders for the period August 2016 to January 2017