- Advertisement -
HomePersonal FinanceGood news for pensioners! Central Government has increased the DR of...

Good news for pensioners! Central Government has increased the DR of pensioners from 31 per cent to 34 per cent, Know how much money you will get

- Advertisement -
- Advertisement -

The Central Government has increased the DR of pensioners from 31 percent to 34 percent. The new rate will be considered applicable from January 1, 2022. The Department of Pension and Pensioners’ Welfare has given this information through a tweet.


New Delhi . According to the Department of Pension and Pensioners Welfare, Dearness Relief (DR) of Central Government pensioners, family pensioners has been increased by 3 per cent to 34 per cent with effect from January 1, 2022. The department said in a tweet that orders have been given to implement the new rate of family pension, central government pensioners, family pensioners of basic pension. The new rate is effective from January 1, 2022.

Dearness relief has been increased to 34 percent of basic pension and family pension. Earlier it was 31 per cent. Last week, the Union Cabinet had approved the release of an additional installment of dearness allowance to central government employees and dearness relief to pensioners. This was 3 per cent more than the existing rate of 31 per cent of the basic pay.

These rates of DR will be applicable to the following categories

These DR rates will be applicable to pensioners and family pensioners who are civil servants under the Central Government. Apart from this, pensioners absorbed in PSUs and Autonomous Bodies, in respect of whom the commutation period of 15 years is completed under this Department’s Office Memorandum No. 4/34/2002-P&PW(D) Vol-II dated 23.06. Orders for restoration of pension have been issued.

Defense Service Estimates paid to them

All India Service Pensioners, Railway Pensioners/Family Pensioners and Pensioners who are getting provisional pension. Burma Civil Pensioners/Family Pensioners and Pensioners/Families of Government Pensioners displaced from Burma/Pakistan in respect of whom orders have been issued vide this Department’s OM No.23/3/2008-P&PW(B) dated 01.09.2017 went.

How will pension be calculated?

According to the website of the Pensioners Portal, “DR is generally declared twice a year during the months of March and September. So in the months of January and February, the DR on pension/family pension will be calculated as per the DR rates available for the month of December of the previous year. Similarly, the DR for the month of July and August will be calculated as per the DR rates for the month of June.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments