5 hrs ago

Andhra Pradesh Approves DA Hikes, Staggers Arrears Through 2028

DA news update: Andhra Pradesh sanctions two dearness allowance instalments — When will employees get arrears? · livemint.com

Andhra Pradesh has approved two increases in the extra allowance paid to government employees.

Together, the increases add 4.55% to the allowance linked to basic pay.

The first increase is counted from July 2024.

The second increase is counted from January 2025.

Employees will receive the higher allowance with a salary payment described in the report as occurring in October.

However, the older unpaid amounts, called arrears, will not be paid all at once.

Some arrears will be paid in installments during 2027, and the rest during 2028.

Employees under different pension systems will receive the arrears through different accounts or cash payments.

The state also plans to appoint a commission to consider future pay revisions.

Key facts

Combined DA increase: 4.55%
First installment: 2.73%, raising DA from 37.31% to 40.04% of basic pay; effective from July 2024.
Second installment: 1.82%, raising DA from 40.04% to 41.86% of basic pay; effective from January 2025.
First arrears schedule: Payments through April, June, August and October 2027.
Second arrears schedule: Payments through January, March, May and July 2028.
Old Pension Scheme: Arrears for OPS employees will be credited to their General Provident Fund accounts.
Contributory Pension Scheme: CPS employees will receive credits to their PRAN accounts and cash installments.
Estimated annual cost: The decisions are expected to cost the exchequer ₹2,880 crore per year.

livemint.com · 6 hrs ago