In the absence of pension-updation, only dearness relief is protecting the pensioners from the clutches of destitution. God bless the Britishers for introducing the concept of Dearness allowance in 1939! and Indian Trade Unions for not allowing the rulers to take it away
Pension Calculator for RBI Pensioners – Ist Nov 1987 onwards Forget about slabs/ DR/CPI figures Enter your Date of Retirement (dd/mm/yyyy) and Basic Pension in the Calculator below:- {Basic pension is 50% of your (basic pay+admissible allowances for superannuation ) at the time of retirement} i.e. Pension before commutation get your gross pension credited to…
Before we proceed further , the following terms should be noted; DA-Dearness allowance for working employees DR-Dearness relief for retirees/pensioners CPI-consumer price index AICPI – All India Consumer Price Index. AICPIN- All India Consumer Price Index Numbers. DA figures calculations are based on AICPIN for Industrial Workers (base 2001=100). The index numbers are released on the last working day…
Some requests have come from retirees for a calculation sheet that shows the likely increase in number of slabs based on Index numbers every month released by labourbureau. The sheet below starting July 12 shows the minimum number of slabs available in Feb 13 assuming there is no further rise in Index numbers, although index…
