Implementation of DA/DR - Calculation on Base year 2016=100 points.

[Vvns Varaprasadrao]

Friends,

Can anyone clarify whether the  retirees retired prior  to 31-10-2022 are barred specifically from getting the benefit of calculation of DA/DR as per Base year 2016=100 points under 12th BP settlement ?

Regards.

[MOHAN P]

Dear Varaprasad Garu,

No doubt our monthly pension is paid as per BEPR,1995 and half yearly DR to pensioners is also paid in terms of Regulation 37,Appendix-II.

Once changes taken place in calculations of DR  based on Bipartite Settlements/Joint Notes ,same may be incorporated under BEPR1995,subsequently.

Reffering to your point, it is to be noted that Under 12th BPS/JN,  DR on pension ( including SBI) was revised at the rate of 1% on increase/decrease on 123.03 points to employees /family pensioners retired  on or after 1.11.2022 on AICPIN 2016=100.(On Merger of CPI 8088 points)

Fact is that this change in calculation  has not extended to pre 1.11.2022 pensioners,who were following old DR rates,as per regulations.Not on account of  any 'bar'.

Regards

Mohan.P

.

Friends,

Can anyone clarify whether the  retirees retired prior  to 31-10-2022 are barred specifically from getting the benefit of calculation of DA/DR as per Base year 2016=100 points under 12th BP settlement ?

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[Ramani Konnayar]

Dear Shri Mohan ji,

What you have stated is in variance with the view expressed by Sri Prasad earlier today viz., that in terms of Regulation 37, DA to a pensioner will only be paid as per the scheme that was in force on the date of his retirement. This means that making 2016=100 series DA scheme applicable to pre 1/11/2022 cannot be legally enforced based on Pension Regulations

K N RAMANI 

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[MOHAN P]

Dear Ramani Ji,

I do not know what you have meant .

I have specifically mentioned  the exact position on DR in banks  in my earlier mail as follows:

Please see below:

02.In bank pensioners case too right now we have different DR rates among pensioners,which are of course,  based on settlement periods wise /based on retirement date.

 Bank’s view( may be legally too) is, -that each wage settlement creates a separate DR scheme.

-Pension is linked to last drawn pay structure, so DR differs by settlement period.

In reply to one of the members too, I have only stated these existing facts.

Regards

Mohan.P

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