Re: bankpensioner Re: ALL INDIA CONSUMER PRICE INDEX NUMBERS(IW) Base Year 2001=100 FOR THE MONTH OF DECEMBER’17 - GOES DOWN.

[Srirama Murti]

thank you! PM Sir!

You have exactly told the pulse of us,senior citizens retired from banks.

Let us hope your wish in respect of 100% D.A. to pre-Nov.2002 pensioners,

be fulfilled positively at the earliest.

-S.S.R.Murthy, ex-Canbank

On Thursday 1 February 2018, 8:41:28 AM IST, PM <moha...@gmail.com> wrote:

FOR INFORMATION:

Dear Friends,

                                   Despite decrease in Consumer Price Index Numbers(IW)Base Year 2001=100  for Dec'17,an  increase of 49 slabs is  recorded for the past half year, there by showing corresponding increase in DA payable to Bank Pensioners for next Half Year commencing from today.This is comparatively high in recent years

which can be observed from below given table on index numbers and slabs for the past few years.

                                   In the absence of extension of 100% DA to pre-Nov 2002 pensioners as well as updation of pension as and when wage revision takes place at industry level,no doubt,any increase in DA is a relief to pensioners.

                                   The anxiety shown by members under this blog or else where in general ,during every half year at the time of  release of AICPIN(IW) reflects their concern in this regard.While the resolution of retirees major demands are either in Apex court or in papers, looking forward to movement of Index numbers 

especially in their favour give at least slight solace in an era of difficulties faced in meeting both ends.At the same time we cannot forget the agonies of those who are deprived of  monthly pension by authorities on reasons of their own.

                                  Let us hope that, things will change soon, which will ensure a decent life style to senior and super senior citizens retired from banks.

Dearness Allowance for workmen and officer employees in banks

Payable for the Year Payable for the months Average CPI No. of slabs % of pay 2017  November, December 2017 & January 2018  6505  516  51.6  2017  August September October  6353.21  478  47.8  2017  May June July  6261.91  456  45.6  2017  February March April  6315  469  46.9  2016-17  Nov Dec Jan  6353  478  47.8  2016  Aug Sep Oct  6261.9  455  45.5  2016  May June July  6117  420  42  2016  Feb Mar Apr  6147  426  42.6  2015-16  Nov Dec Jan  6033  398  39.8  2015  Aug Sep Oct  5896  364  36.4  2015  May Jun Jul  5790.17  738  110.7  2015  Feb Mar Apr  5774.95  734  110.1  2014-15  Nov Dec Jan  5767  732  109.8  2014  Aug Sept Oct  5569.52  683  102.45  2014  May Jun Jul  5432.56  650  97.5  2014  Feb Mar Apr  5501.04  666  99.9  2013-14  Nov Dec Jan  5402.13  641  96.15  2013  Aug Sept Oct  5211.91  593  88.95  2013  May Jun Jul  5082.57  561  84.15  2013  Feb Mar Apr  4976.05  535  80.25  2012-13  Nov Dec Jan  4877  510  76.5  2012  Aug Sept Oct  4709  468  70.2  2012  May June Jul  4549  428  64.2  2012  Feb Mar Apr   4519  420  63

-source IBA

On Wednesday, January 31, 2018 at 6:35:56 PM UTC+5:30, PM wrote:

Dear Friends,

                    As per release of Labour Bureau,Ministry of Labour and Employment,the All India Consumer Price Index Numbers (AICPIN)for Industrial workers(IW) Base 2001=100 for the month of December ’17,  stood at 286 points with  decrease  of 2 points while compared to Nov’17 figure.  The confirmed index numbers for past quarter is as follows:                 

                            Base Year 2001=100                    1960=100

   OCT’17                 287                               6551.03

   Nov’17                  288                               6573.86

   Dec’17.                 286                               6528.21

            Accordingly the confirmed average index for the half year comes to 6551 points.

 

                                Therefore, there will be 49 Slabs increase in DA payable for pensioners, during next half year,ie. From 1^st Feb’18 to 31^st July ‘18.

Detailed chart on DA payable to Pensioners is furnished here under for information of all:- 

	DEARNESS RELIEF PAYABLE TO PENSIONERS FROM 1st FEB'18 TO 31st July'18
	Average Index		6551		Increase	49	Slabs
	Dearness Relief to Pensioners who retired on or after 1st Day of January,1986
	but before 1st Day of November,1992/ 1st July 1993.							……………………..
						Index
	Basic Pension:					1487	Over 600
	Up to 1250	1251 to 2000	2001 to 2130	Above 2130
	996.29	817.85	490.71	252.79	%
	Dearness Relief to Pensioners who retired on or after 1st Day of November,
	1992/ 1st July 1993.
	Up to 2400	2401 to 3850	3851 to 4100	Above 4100		1350	over 1148
	472.5	391.5	229.5	121.5	%
	Dearness Relief to Pensioners who retired on or after 1st April,1998.
	Upto 3550	3551 to 5650	5651 to 6010	Above 6010		1216	Over 1684
	291.84	243.2	145.92	72.96	%
	Dearness Relief to Pensioners who retired on or after 1st November ,2002.
				191.7	%	1065	Over 2288
	Dearness Relief to Pensioners who retired on or after 1st November,2007
				139.2	%	928	Over 2836
	Dearness relief to Pensioners who retired on or after 1st November,2012.
				52.7	%	527	Over 4440
	.pm./31.1.18

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