Release of additional installment of Dearness Allowance to Central Government employees and Pensioners from 01.01.2015
Press
Information Bureau
Government Of India
07-April 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
