Dearness Relief payable from August 2021 to January 2022 to pre 1.1.1986 bank retirees
Dearness Relief payable for the period August 2021 to January 2022 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
Indian Banksโ Association
HR & INDUSTRIAL RELATIONS
HR&IR/MBR/D/G2/10197
August 2, 2021
Designated Officers of all Nationalized Banks and State Bank of India
Dear Sir/Madam,
Dearness Relief payable for the period August 2021 to January 2022 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 Economic Affairs (Banking Division) letter F.No.11/2/2012-IR dated 17.12.2013, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period August 2021 to January 2022 on Ex-gratia will be as under:
Applicableย CPI Average | Amountย ofย Ex-gratiaย perย month | Rateย ofย Dearnessย Relief | Amountย ofย Dearnessย Reliefย perย month | Totalย Ex-gratiaย amountย includingย Dearnessย Reliefย perย month | |
โน | % | โน | โน | ||
7941 | Pre 1.1.86 Retirees | 350 | 1229.45 | 4303 | 4653 |
Surviving spouses of pre 1.1.86 retirees | 175 | 1229.45 | 2152 | 2327 |
Yours faithfully,
Brajeshwar Sharma
Senior Advisor(HR&IR)