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Dearness Relief from August 2020 to Jan 2012 to Surviving pre 1-1-1986 Retirees

admin August 5, 2020

Dearness Relief to Pre -1986 Bank Retirees

Dearness Relief from August 2020 to Jan 2012 to Surviving pre 1-1-1986 Retirees

Indian Banks Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2020-21/9020
August 3, 2020

Designated Officers of all Nationalised Banks
and State Bank of India

Dear Sir/Madam

Dearness Relief payable for the period August 2020 to January 2021 to surviving pre 1-1-1986 retirees of banks (b) surviving spouses of pre- 1-1-86 Retirees who are in receipt of Ex-gratia

As per the directive contained in the Government of India, Ministry of Finance Department of Exonomic Affairs (Banking Division) letter F.No.11/2/2012-IR dated 17.12.2013, the Dearness Relief Paybale to surviving pre 1.1.1986 retirees of banks for the period August 2020 to January 2021 on Ex-gratia will be as under:

Applicable CPI Average Amount of Ex-gratia per month Rate of Dearness Relief Amount of Dearness Relief per month Total Ex-gratia amount including Dearness Relief per month
Rs. % Rs. Rs.
2.45 Pre 1.1.86 Retirees2034 350 1162.45 4069 4419
Surviving spouses of pre 1.1.86 retirees 175 1162.45 2034 2209

Yours faithfully,

S.K.Kakkar
Senior Advisor (HR&IR)

Signed copy

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Reader Interactions

Comments

  1. Muraleedharan says

    August 6, 2020 at 2:21 pm

    It is shown in subject 2020 to 2012. It should be 2021. Ok

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