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Wednesday, August 06, 2014

Calculation of rate of DA per slab

(Shri Sahni has revised his earlier DR calculation details as below.Ed.)

The rate of DA/DR per slab of 4 points of AICPI-IW base 1960=100 on Basic Pension

(1) In respect of Class III &IV employees who Retired up to 
31.07.1992 and Class I & II Officers who retired up to 31.03.1993.
(i) up to Rs 1250 @ 0.67 %
(ii) on next Rs 750 @ 0.55 %
(iii) on next Rs 130 @ 0.33 %
(iv) on excess over Rs 2130 @ 0.17 %
for each slab of 4 points over 600 points AICPI-IW
Current slabs as on 01.08.2014 are 1242

(2) Class III & IV employees who Retired between 
01.08.1992 & 31.07.1997 and Class
I & II Officers who retired between 01.04.1993 & 31.07.1997.
(i) up to Rs 2400 @ 0.35 %
(ii) on next Rs 1450 @ 0.29 %
(iii)on next Rs 250 @0.17 %
(iv) on excess over Rs 4100 @ 0.09 %
for each slab of 4 points over 1148 points AICPI-IW
Current slabs as on 01.08.2014 are 1105

(3) Employees who retired between 01.08.1997 
and 31.07.2002 @ 0.23 % of basic pension
for each slab of 4 points over 1740 points AICPI-IW
Current slabs as on 01.08.2014 are 957
 
(4) Employees who retired between 01.08.2002 
and 31.07.2007
@ 0.18 % of basic pension
for each slab of 4 points over 2328 points AICPI-IW
Current slabs as on 01.08.2014 are 810

(5) Employees who retired from 01.08.2007 
onwards @ 0.15 % of basic pension
for each 4 points over 2944 points AICPI-IW
Current slabs as on 01.08.2014 are 656.
The above slabs are calculated at AICPI-IW
5568.
 
One can easily calculate the rate of DA/DR per slab on Full Basic 
Pension (before commutation) on the above basis and arrive 
 
at the total DA payable by multiplying the rate of DA per slab 
with the number of slabs.