DA Hike Update- Before Akshay Tritiya, The state government has issued an order to increase the rates of dearness allowance for employees of the fifth and sixth pay scales. The dearness allowance of employees working in the fifth pay scale has increased by 11 percent, they will now get dearness allowance at the rate of 466 percent.
At the same time, the rate of dearness allowance of the employees of the sixth pay scale has been increased by six percent and an order has been issued to give dearness allowance at the rate of 252 percent. Additional Chief Secretary of the Finance Department Deepak Kumar issued the order to increase dearness allowance on Tuesday.
State employees, regular and full-time employees of aided educational and technical educational institutions, urban local bodies, employees on work charge and holders of posts working in UGC pay scale who are working in the fifth and sixth pay structure will get dearness allowance at increased rates.
Now dearness allowance will be given at the rate of 466 percent
The employees working in the fifth pay structure were getting dearness allowance at the rate of 455 percent till now, with an increase of 11 percent, now they will get dearness allowance at the rate of 466 percent. The dearness allowance of the employees working in the sixth pay structure has been increased by six percent. Now they will get dearness allowance at the rate of 252 percent instead of 246 percent.
The increased rate of dearness allowance will be paid in cash to the employees of the 5th and 6th pay scale from April 1, 2025. The balance amount payable from January 1, 2025 to March 31, 2025 will be deposited in the provident fund account of the officers and employees. The balance amount of those officers and employees who are not members of the provident fund account will be deposited in their PPF or will be given in the form of NSC.
How much amount will go into the National Pension Scheme?
An amount equal to ten percent of the balance amount due for personnel covered under the National Pension Scheme (NPS) will be deposited in the Tier-1 pension account. The remaining 90 percent amount will be deposited in the PPF of the concerned officer and employee.
The officers and employees whose services have ended prior to the issuance of the government order or have retired after attaining the age of superannuation or are going to retire within six months will be paid the entire amount of arrears of dearness allowance in cash.
