Bank DR Orders – CG Staff News https://cgstaffnews.in Gazetted Holiday List ✓ Restricted Holiday List ✓ School Holiday List ✓ Election Holidy List ✓ Court Holiday List Thu, 04 Jul 2019 07:53:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://cgstaffnews.in/wp-content/uploads/2020/08/cropped-cgstaffnews-logo-32x32.jpg Bank DR Orders – CG Staff News https://cgstaffnews.in 32 32 Grant of Dearness Relief in the 5th CPC series effective from 01.01.2019 to CPF beneficiaries in receipt of ex-gratia payment https://cgstaffnews.in/grant-of-dearness-relief-in-the-5th-cpc-series-effective-from-01-01-2019-to-cpf-beneficiaries-in-receipt-of-ex-gratia-payment/ https://cgstaffnews.in/grant-of-dearness-relief-in-the-5th-cpc-series-effective-from-01-01-2019-to-cpf-beneficiaries-in-receipt-of-ex-gratia-payment/#respond Sat, 30 Mar 2019 10:05:26 +0000 http://www.cgstaffnews.in/?p=19649 Read more]]> 5th CPC Dearness Relief Orders issued

Grant of Dearness Relief in the 5th CPC series effective from 01.01.2019 to CPF beneficiaries in receipt of ex-gratia payment

No.42/04/2019-P&PW(D)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi – 110003

Dated the 27th March, 2019

OFFICE MEMORANDUM

Sub:- Grant of Dearness Relief in the 5th CPC series effective from 01.01.2019 to CPF beneficiaries in receipt of ex-gratia payment-reg

In continuation of this Department’s OM No. 42/06/2018-P&PW(G) dated 08.10.2018, the President is pleased to decide that the Dearness Relief w.e.f 01.0 l.20 19 to the CPF beneficiaries in receipt of ex-gratia payment shall be paid in the following manner :-

(i) The surviving CPF beneficiaries who have retired from service between the period 18.11.1960 and 31.12.1985, and were sanctioned ex-gratia @ Rs. 600/ p.m. w.e.f. 1.11.1997 under this Department’s OM No. 45/52/97-P&PW(E) dated 16.12.1997 and revised to Rs.3000, Rs.1000, Rs.750 & RS.650 for Group A, B, C & D respectively w.e.f 4th June,2013 vide OM No. 11l0/2012-P&PW(E) dtd. 27th June, 2013 shall be entitled to enhanced Dearness Relief from 284% to 295% w.e.f 01.01.2019.

(ii) The following categories of CPF beneficiaries who are in receipt of ex-gratia payment in terms of this Department’s OM No.45/52/97-P&PWCE) dated 16.12.1997 shall be entitled to enhanced Dearness Relief from 276% to 287% w.e.f 01.01.2019.

(a) The widows and eligible children of the deceased CPF beneficiary who had retired from service prior to 1.1.1986 or who had died while in service prior to 1.1.1986 and were sanction ex-gratia payment of Rs. 605/- p.m. and revised to Rs.645/-p.m w.e.f 04 June, 2013 vide OM No 1110/2012-P&PW(E) dated 27th June, 2013.

(b) Central Government employees who had retired on CPF benefits before 18.11.1960 and are in receipt of Ex-gratia payment of Rs. 654/-, Rs.659/-, Rs.703/- and RS.965/-

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

3. 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.

4. In their application to the Indian Audit and Accounts Department, these orders issue after the concurrence of % C&AG.

5. This issues in pursuance of Ministry of Finance, Department of Expenditure OM No. 1/3/2008- E.II(B) dated 08th March, 2018.

6. Hindi version will follow.

sd/-
(Charanjit Taneja)
aranjit aneja
Under Secretary to the Government of India

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

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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.

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