DO WE KNOW HOW THE DA SLAB PERCENTAGES ARE WOKED OUT ON WAGE
REVISIONS?
I was puzzled for quite
sometime as to how the DA
slab percentages,0.35%,0.23%,0.18% &0.15% for wage revisions effective from 1/8/1992,1/8/1997,1/8/2002 & 1/8/2007
were determined. After my trial and error
investigations, I arrived at the following method which I presume
would have been adopted for
determining the percentages:
For a Basic Salary of
Re1/- the calculations can be made as follows:
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Actual fixed
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DA slab on 1st slab of basic pay from 1/8/1987
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0.0067
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Merged Basic Pay +DA on 1/8/1992= 0.0067*137+1
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1.9179
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Dividing 0.0067 by 1.9179
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0.003493
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0.0035
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(rounded)
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Merged Basic Pay +DA on
1/8/1997=0.0035*148+1
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1.518
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Dividing 0.0035 by 1.518
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0.002306
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0.0023
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(rounded) at 100%
neutralisation
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Merged Basic Pay +DA on
1/8/2002=0.0023*147+1
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1.3381
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Dividing 0.0023 by 1.3381
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0.001719
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0.0018
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(Rounded to the next
higher 0.01%) at 100% neutralisation
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Merged Basic Pay +DA on
1/8/2007=0.0018*154+1
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1.2772
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Dividing 0.0018 by 1.2772
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0.001409
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0.0015
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(Rounded to the next
higher 0.01%) at 100% neutralisation
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Expected on 1/8/2012 if the above method is followed on possible
wage revision
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Merged Basic Pay +DA on
1/8/2012(Expected)=0.0015*441+1
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1.6615
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Dividing 0.0015 by 1.6615
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0.000903
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Expected:0.10% on
rounding to the next higher 0.01% presumably with 100% neutralisation
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Same formulae will apply for calculation of DR slab for
pensioners also.
I would welcome comments by
fellow pensioners on any other method possible.
With greetings,
C H Mahadevan