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7th Pay Commission (Dearness Relief Hike): New DR notification puts more money in hands of pensioners!
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financialexpress.comThe Central Government has increased the rate of Dearness Relief (DR) to 31% from 28% for Central Government pensioners/family pensioners. The increased rate of DR will be applicable with effect from July 1st, 2021.
In an Office Memorandum (O.M.) dated 27th October 2021, the Department of Pension and Pensioners’ Welfare (DoPPW) said: “President is pleased to decide that the Dearness Relief admissible to Central Government pensioners/family pensioners shall be enhanced from the existing rate of 28% to 31% of the basic pension/family pension (including additional pension/family pension) w.e.f 01.07.2021.”
The official DR hike notification comes days after the Finance Ministry increased the rate of Dearness Allowance for Central Government
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