| PDF Title | IBA – Dearness Relief payable to Pensioners for the period August 2024 to January 2025 |
| Category | |
| Order no | No.CIR/HR&IR/D/G2/2024-25/1322 |
| Order Date | Aug 07, 2024 |
| Total Pages | 3 |
| Posted By | Admin |
| Posted On | Aug 09, 2024 |
| Source | IBA |
IBA – Dearness Relief payable to Pensioners for the period August 2024 to January 2025
Indian Banks’ Association
HR & INDUSTRIAL RELATIONS
No.CIR/HR&IR/D/G2/2024-25/1322
August 7, 2024
Designated Officers of all Member Banks
which are parties to the Bipartite Settlement on Pension
Dear Sir/Madam,
Dearness Relief payable to Pensioners for the period August 2024 to January 2025
Please refer to our Circular No.CIR/HR&IR/D/G2/2024-25/1320 dated 7.08.2024, wherein we had provided the rates at which Dearness Relief payable to Pensioners / family pensioners, for the period of August 2024 to January 2025, after implementation of DR neutralization for pre-November 2002 retirees / family pensioners.
2. To facilitate those who are yet to implement our letter HR&IR/MBR/G2/0533 dated 16.10.2023, in addition to the contents of our above mentioned circular dated 07.08.2024, they may pay on ad hoc basis (Pending amendments to Pension Regulations), the Dearness Relief payable to pensioners for the period August 2024 to January 2025 as per Annexure I
Yours faithfully,
Brajeshwar Sharma
Senior Advisor (HR&IR)