7th Pay Commission dearness relief GIFT announced! HIGHEST EVER! Pensioners to get more money, by up to Rs 6,250
7th Pay Commission dearness relief: The central government has given a big gift to around 62 lakh pensioners before Diwali this year. Along with Dearness Allowance, Dearness Relief or DR for pensioners has also been increased by 5% now.
7th Pay Commission dearness relief: The central government has given a big gift to around 62 lakh pensioners before Diwali this year. Along with Dearness Allowance, Dearness Relief or DR for pensioners has also been increased by 5% now. This increase will significantly increase the monthly pension of each pensioner. According to estimates, the monthly pension of a pensioner can increase from Rs 450 to Rs 6,250. Harishankar Tiwari, Former President of AG Office Brotherhood and Assistant Secretary General of All India Audit and Accounts Association, told Zee Business Digital that the DR increased this time is the highest ever increase announced by the government.
7th Pay Commission: Dearness Relief
Tiwari said that with the increase in dearness relief (DR), there is an overall increase of Rs 450 in the pension of those receiving minimum pension of Rs 9,000. Those with pension of Rs 1.25 lakh per month will get an increase by Rs 6,250 per month.
7th Pay Commission: Pension increase
Tiwari said that since 2017, the minimum pension/family pension is Rs 9,000 per month. Apart from this, the amount of compensation was also doubled. The compensation amount has been increased from Rs 10.15 lakh to Rs 25.35 lakh.
7th Pay Commission: DR calculator
> June 2019: AICPI-316
> Total 12 months: 3,673 (301 + 301 + 301 + 302 + 302 + 301 + 307 + 307 + 309 + 312 + 314 + 316)/12) - (261.4) *100/261.4)
> Increase in DR: 17% -12% = 5%
7th Pay Commission: Highest benefit in 3 years
This time central government employees have received the highest dearness allowance (DA) hike in 3 years. At present, the DA of government employees is 12 per cent, which is a maximum of just a 3% increase. While now the DA has been increased by 5% and with this increase, the salary of the employees getting 7th pay commission pay scale will get an increase from Rs 900 to Rs 12,500 per month.