EXPECTED DA FOR RETIRED BANK EMPLOYEES FROM FEB 2021 TO JULY 2021

EXPECTED DA (DEARNESS RELIEF) FOR RETIRED BANK EMPLOYEES FROM FEB 2021 TO JULY 2021

IBA will declared February 2021 DA rates for retired Bank employees after release of Dec 2020 AICPIN-IW figures by the Labor Ministry, Government of India. Let check how much jump in DA rate is expected.

Months AICPIN-IW	AICPIN-IW points Base year 2001
April 2020
May 2020
June 2020

Months AICPIN-IW	AICPIN-IW points Base year 2016	AICPIN-IW points Base year 2001
Oct 2020
Nov 2020
Dec 2020

Bank Pensioner  retired after 01.11.2017 (DA slabs = Avg - 6352/4) (0.07% of slabs) (11th Bipartite Settlement)

DA Slabs

Bank Pensioner retired between 01.11.2012 to 31.10.2017 (DA = Avg - 4440/4) (0.1% of slabs) (10th Bipartite Settlement)

DA Slabs

Bank Pensioner retired between 01.11.2007 to 31.10.2012 (DA slabs = Avg - 2836/4) (0.15% of slabs) (9th Bipartite Settlement)

DA Slabs

Bank Pensioner retired between 01.11.2002 to 31.10.2007 (DA slabs = Avg - 2288/4) (0.18% of slabs) (8th Bipartite Settlement)

DA Slabs

Bank Pensioner retired between 01.04.1998 to 31.10.2002 (DA slabs = Avg - 1685/4)

DA Slabs

Basic Pension
Up to basic pension 3550
Basic pension from 3551 to5650 (2100)
Basic pension from 5651 to6010 (360)
Basic pension 6011 and above

Bank Pensioner retired between 01.11.1992/01.07.1993 to 31.03.1998 (DA slabs = Avg - 1148/4)

DA Slabs

Basic Pension
Up to basic pension 2400
Basic pension from 2401 to 3850 (1450)
Basic pension from 3851 to 4100 (250))
Basic pension 4101 and above

Bank Pensioner retired between 01.01.1986 to 31.10.1992/30.06.1993 (DA slabs = Avg - 600/4)

DA Slabs

Basic Pension
Up to basic pension 1250
Basic pension from 1251 to 2000 (750)
Basic pension from 2001 to 2130 (130))
Basic pension 2131 and above