Blogs views on Merger of 50% Dearness Allowance and Retirement age to 62
There was huge expectation among all the central government employees from the Cabinet Meeting held last week; the central Government would announce its decision on the most expected matters like Merger of Dearness Allowance and Increasing Retirement Age to 62. Electronic and Print Media also presumed that the decision on 50% DA merger and Retirement age 62 would be taken in the said cabinet meeting. But central government has said nothing against about this matter after the Meeting.
So far no one from government side come forward to say about their stand on these issues. So these things keep the central government employees hope alive. It is expected as everybody hope the central government will announce some important decisions in respect of central government employees this week
Recently some blogs have posted some interesting things about merger of dearness Allowance and Retirement age 62.
Our website has already posted two articles about Merger of 50% Dearness Allowance and Increasing Retirement Age to 62 on 15-1-2014 and 17-2-2014 respectively.
One of the blog of Central Government Employees News ‘CGEN.In’ forecasted about Merger of Dearness Allowance
If the 50% DA is merged with Basic Pay with effect from 1.1.2011, The benefit will be as fallows..
For Example, a govt servant was getting Rs.10000 as basic pay as on 1.1.2011, after merging of 50% dearness allowance the calculation clearly shows the increase in salary was only 50 rupees per month…
|Basic Pay||Dearness allowance 51%||Total||Basic Pay||Dearness Pay||Remaining percentage of DA 1%||Total||Difference|
The HRA is not included in this calculation, since the amount of HRA will be paid as per the entitlement of Government Servants.
The blog ‘paycommissionupdate.blogspot.in’ presumed that the announcement on Merger of Dearness Allowance and Retirement age will be expected by this week..
This week may bring cheer to central employees and pensioners
Central Govt. employees and pensioners will have some reasons to celebrate this week. The union cabinet is likely to clear some long awaited demands for its staff in the next meeting to be held later this week .The F.M., currently on foreign tour, likely to return India on 26th February and after which cabinet meeting is likely to take place.
According to information available with us, merger of 50% D.A., an additional hike of 10% D.A. from 01.01.2014, granting of Interim Relief and enhancing retirement age to 62 years are under the consideration of Govt. and some of these are to be approved in the next cabinet meeting.
As the notification of loksabha poll may be issued in the first week of March, this would be the last cabinet meeting before the code of conduct comes into force.
So the central employees and pensioners may definitely hope for some bonanza to be announced this week.