2015 DA ALLOWNCE

Dearness Allowance to Central Government Employees from July 2015 – Orders Issued…

SEPTEMBER 24,2015 BY ADMIN  LEAVE A COMMENT 

No, 1/3/2015-E-II (B)

Government of India

Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated the 23rd September, 2015.

OFFICE MEMORANDUM

Subject: Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.7.2015.

The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1/2/2015-E-II (B) dated 10th April, 2015 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 113% to 119% with effect from 1st July, 2015.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E-II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.
3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees,
4. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.
5. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.

(A.Bhattacharya)
Under Secretary to the Government of India

Freezing & Unfreezing

Freezing of account:

As per the Offer Document issued by PFRDA, subscriber's account under "All Citizens of India" will be frozen if the minimum investment criteria are not met. The minimum investment criteria for freezing of PRANs as per the current guidelines are mentioned below:

Tier I

• A subscriber is required to make at least one contribution transaction in a financial year.
• For subscribers not opting for Swavalamban Yojana, total investment done in a financial year (after deducting PoP charges) should be more than or equal to Rs. 5724/-.
• For subscribers opting for Swavalamban Yojana, total investment done in a financial year (after deducting PoP charges) should be more than or equal to Rs. 1000.

Tier II

• A subscriber is required to make at least one contribution transaction in a financial year.
• The minimum account balance (value of holdings) at the end of the financial year (March 31st) should be Rs 2,000.
• Further if a Tier I for a PRAN is frozen, the Tier II account is also kept in Freeze status even if it meets the required criteria.

Process for Account Unfreezing:

Subscriber shall submit a duly filled physical request as per the format prescribed by PFRDA (Annexure-UOS-S10A) to the associated PoP-SP only. PoP-SP can check the total unfreeze amount payable by the subscriber using the : Subscriber Details Unfreezing option under the User Maintenance menu in CRA system (www.cra-nsdl.com). The unfreeze contribution amount paid by the subscriber after deduction of the PoP charge needs to be greater than or equal to the total unfreeze amount provided in the CRA system. For latest guideline on minimum unfreezing amount, please click here