SRINAGAR, AUGUST 19: The State Cabinet which met here today under the Chairmanship of Chief Minister, Mufti Mohammad Sayeed, approved 6% enhancement in the Dearness Allowance (DA) to the State Government employees/ pensioners with effect from 1st January 2015. The revised rate of DA per month shall now be 113% of Basic Pay with effect from 1st January 2015.
The arrears on account of additional instalment from January 2015 to July 2015 shall be credited to the individual GPF Accounts of the employees in the month of August 2015 and shall form part of the monthly salary from there onwards.
In respect of such of the State Government employees, who are governed by the New Pension Scheme, the arrears on account of additional instalment from January 2015 to July 2015, shall be paid in cash in month of August 2015 and the employees share @10% shall be deducted at source and credited to their PRAN numbers along with the matching share by the employer. Thereafter, the enhancement in the DA by 6% shall form part of the monthly salary.
Enhancement in DA will also apply to the work charged/ whole time contingent paid employees working in a regular time scale.
The cabinet also approved release of DA instalment @ 6% for the State Government pensioners/ family pensioners from 107% to 113% w.e.f 1st January 2015. The arrears on account of the enhanced rate of DA from January 2015 to July 2015 shall be paid to them in cash in the month of August 2015 and shall form part of the monthly pension / family pension there onwards.