Pension/ Family Pension updated for RBI Pensioners/Family Pensioners

M/o Finance by their letter dated 21st June 2023 have updated the Pension of RBI Pensioners who retired prior to 1st November,2017 (CPI =4440) with a multiplication factor of 1.63, from 12th June 23 on the undernoted terms and conditions: a) Notional increase of 10% in pension plus Dearness Relief for pre-1.11.2017 retirees, which shall... Continue Reading →

Dearness Relief for RBI / Bank Pensioners – 74 slabs up from February 22 to July 22.

Index baseJul-21Aug-21Sep-21Oct-21Nov-21Dec-212016=100122.8123.0123.3124.9125.7125.42001=100353.66354.20355.10359.71362.02361.201982=1001637.461640.131644.131665.471676.131672.131960=1008072.708085.858105.578210.758263.348243.62 data for the half year ending December 21 Labour Bureau, M/o Labour and Employment have made available the All India Consumer Price Index numbers AICPIN for the half year ending 31st December 21 as above:Pensioners retired before 1.11.2017i) Based on the quarterly average 8239, the increase in DR RATE effective for the half... Continue Reading →

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