Employees DA Payment : Government orders have been issued to pay the amount of dearness allowance to the employees. The amount of arrears will also be paid to the employee in three installments along with the amount released on October 21.
Employees DA Payment
DA Hike, Employees DA Payment: On Mahashtami, the state government has issued a government order to release DA for government employees. One installment of DA will be released to pensioners including employees. On the occasion of Dussehra, Andhra Pradesh government has given great news to the government employees. The state government has issued release orders for corporation employees.
Decision to give 3.64 percent DA
Let us tell you that the government had decided to give 3.64 percent DA to the employees. For this, an order has been issued and payment of an amount of DA related to July 1, 2022 has been announced. Under this order issued on October 21, 2023, the Andhra Pradesh government will now be paid dearness allowance at the rate of 26.39 percent from July 1, 2022. For this, the new DA amount will be added to them in November.
Dearness Allowance Update
The amount for the area from 1 July 2022 to 31 October 2023 will be released in GPF in three installments. This will be paid in April, July and October 2024. 90% of the area payment to CPS employees will be made in 3 equal installments in April, July and October 2024.
The government has clarified that DA will be paid to the employees along with the November salary. Dearness allowance will be paid to CPF employees leaving 10% arrears. With this, the outstanding amount till this month is to be paid into the GPF account in three installments.
Benefits of Guaranteed Pension Scheme
Guaranteed Pension Scheme has been created by the Government of Andhra Pradesh in place of the old pension scheme. The GPS bill was approved by the government in the recent assembly session. With its approval, its notification has been issued. The state government said that top up amount will be added to pay 50% of the basic salary through GPF.
Even if the annual amount is sufficient, the amount to pay the minimum pension of ₹ 10000 will be paid from the top up. Here, the employees of Andhra Pradesh are not satisfied with this scheme of the government.