Dearness Relief to Pre 1986 Bank Pensioners from February 2015 to July 2015

Dearness Relief to Pre 1986 Bank Pensioners from February 2015 to July 2015 – Surviving spouses of pre 1986 bank pensioners to get this Dearness Relief

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2014-15/1279

31st January 2015

Designated Officers of all Nationalised Banks and Associate Banks of State Bank of India

Dear Sirs,

Dearness Relief payable for the period February, 2015 to July 2015 to (a) surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.1986 retirees who are in receipt of Ex-gratia

As per the directive contained in the Government of India, Ministry of Finance Department of Financial Services (Banking Division) letter F.No.11/2/2012-IR dated 17.12.13, the Dearness Relief payable to surviving pre 1.1.1986 retirees/surviving spouses of pre 1.1.86 retirees of banks for the period February to July 2015 will be as under :

Applicable CPI

Average

  Amount of

Ex-gratia

per month

Rate of Amount of dearness

Relief    Dearness Relief

per month

Total Ex-gratia

amount

induding

Dearness Relief

per month

Z %            Z Z
5774 Pre 1.1.86

retirees

Surviving spouses of pre 1.1.86 retirees

350 866.31 3032 3382
175 866.31 1516 1691

yours faithfully,

sd/-

K S Chauhan

Senior vice President

Download IBA Order No.CIR/HR&IR/D/G2/2014-15/1279 dated 31.01.2015

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