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10% DA from Jan 2014 and Rs.1,000/- min pension under EPFO approved

CABINET COMMITTEE APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS

The Union Cabinet today approved to increase in Dearness Allowance by 10% to Central Government employees.

The rate of Dearness allowance shall be enhanced from the existing rate of 90% to 100%.
Revised rates effective from 1.1.2014.

Finance Ministry will publish detailed orders regarding this issue within this month.

Cabinet clears hike in DA to 100%
The Cabinet has also approved Rs. 1,000 per month minimum pension under EPFO scheme and it has cleared hiking dearness allowance (DA) to 100% from existing 90%, benefiting 50 lakh employees and 30 lakh pensioners. Hindustan Times

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