Other than DA hike, gratuity restrict elevated for these govt staff – India TV

seventh Pay Fee Information Right this moment: The current announcement of hike in Dearness Allowance by 4% to 50% has resulted in a considerable improve in numerous different allowances, together with retirement advantages and gratuity, offering important advantages to some authorities staff.

For the larger profit of presidency staff, the Centre has elevated the utmost gratuity restrict from Rs 20 lakh to Rs 25 lakh for workers of BSNL and MTNL who opted for a pension below the mixed service framework. The notable change got here into impact on January 1, 2024, and aligns with the rise in Dearness Allowance (DA) to 50%.

After the dearness allowance hike reached 50% of the fundamental wage restrict, the Division of Pension and Pensioners’ Welfare (DoPPW) had earlier issued a notification on Might 30 to make the announcement on hike in gratuity restrict for central authorities staff from 20 lakh to Rs 25 lakh. This hike got here into impact from January 1, 2024. 

In keeping with tips, all allowances get revised upwards by 25% on DA hitting the 50% of the fundamental pay for central authorities staff. Within the line with the guidleines, the Centre introduced a revision in retirement gratuity restrict as properly together with hike in numerous allowances.

Now, the Division of Telecommunications, Ministry of Communications, issued one other notification on the applicability of the improved most restrict of Gratuity from Rs 20 lakh to Rs 25lakh to the BSNL/MTNL absorbees, who opted for pension for mixed service and whose pension is ruled below Rule 37 of CCS(Pension) Guidelines 2021.