7th Pay Commission: How to Check Dearness Relief Amount in Monthly Pension And How DR Arrears Are Paid? Check Details

Central Government pensioners get Dearness Relief (DR) to compensate for the erosion of monthly pension value due to inflation just like Dearness Allowance for Central Government Employees.

DA and DR rates for employees are revised by the Government together. Normally the DA and DR rates are declared twice a year in March and September. Employees and pensioners have been eagerly awaiting the DA/DR hike announcement by the Central Government. 7th Pay Commission: Good News for Central Govt Employees; DA Hike Announcement Likely by Month End

The DR calculator can be accessed from Here.

The DR rate is normally declared twice a year in March and September. DR on pension for the months of January and February is calculated according to the DR rates available for December of the previous years. 7th Pay Commission News: Salary As per 7th CPC for Lecturers From October 1, Announces Punjab CM Bhagwant Mann on Teachers’ Day

DR for the months of July and August is calculated based on DR rates available for the month of June.

The arrears of DR for the month of January and February and July & August are disbursed by the authorities normally in April and October respectively, according to the pensioners’ portal.

The DR rate for Central Government pensioners is decided as per the formula recommended by the 7th Pay Commission.

A Central Government Employee can get an option to commute a portion of their pension, not exceeding 40% of it, into a lump sum payment. For doing this, they don’t need any medical examination if the option is exercised within one year of retirement.

(The above story first appeared on Today News 24 on Sep 06, 2022 05:58 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website todaynews24.top).