“The Union Cabinet today decided to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 1.1.2010 representing an increase of 8% over the existing rate of 27% of the Basic Pay/Pension, to compensate for price rise. The increase is in accordance with the accepted formula, which is based on the recommendations of the Sixth Central Pay Commission. The combined impact on the exchequer on account of both dearness allowance and dearness relief would be of the order of Rs.6969.36 crore per annum and Rs.8131.20 crore in the financial year 2010-2011 (for a period of 14 months from January, 2010 to February, 2011).”
The long awaited orders for payment of Second Installment of 6CPC Arrears has been issued by Department of Expenditure, Ministry of Finance in the Office memorandum F.No: 1/1/2008-IC dated 25.08.09.
It is stated in the said office memorandum that the 60% arrears may now be paid to Government Servants.
It is also stated that in the case of employees who joined in the Govt service after 01.01.2004, the second installment of arrears may be released only after individual application forms for registration to the New Pension Scheme have been obtained by the DDO/PAO from the concerned employee.
The Ministry of Expenditure has issued an Office Memo. regarding updation of profiles to post 01.01.2004 Central Govt employees. As reported by NSDL, the nodal agency for New Pension Scheme, a large number of cases pertaining to post 01.01.2004 entrants are yet to fill up the Registration Form for NPS.
The Expenditure dept has asked to complete the exercise latest by 31st of this month.
The process is to be completed before release of 2nd installment of arrear for which separate order is to be issued. Under no circumstances, the release of 2nd installment is to be done in the case of post 01.01.2004 Central Govt entrants before satisfying the precondition of registration.
With this Office Memo, it looks certain that the Government is going to release the second installment of arrear shortly.
Official Circular – http://finmin.nic.in/6cpc/NPS6thcpc.pdf
Source: Staff Corner
The information given below is only opinion. Please dont take it for authenticated one.
There ia a good chance of the announcement regarding the second instalment (60% arrears) of sixth Pay Commission for Central Government employees during the Independence Day (15th August 2009) Speech by our Honorable Prime Minister Mr. Manmohan Singh.