AIBOC CIRCULAR NO. 8 DATED 30TH JANUARY 2010

AIBOC issued its circular No. 8 on D.A. payable to Officers w.e.f. 01.02.2010. We are reproducing the same here for our readers.

CIRCULAR NO.08                                  30-01-2010

TO ALL AFFILIATES/MEMBERS

DEARNESS ALLOWANCE

            The Index Numbers for the quarter ended  December  2009  are as under:

Month                  Index as per     Conversion     Index as per

                          2001 series     Factor         1960 series

October    2009        165      4.63 x 4.93      3766.27

November 2009       168      4.63 x 4.93      3834.75

December 2009       169      4.63 x 4.93      3857.57

             Total                                      11458.59

             Average =  11458.59/3           3819.53

                                                                       

Difference in excess of 2288 points     1531.53

D.A.paid for the previous quarter on

                                           (i.e. 350x4)1400.00                                    

Difference                                              131.53

Increase in number of Slabs =131.53/4 =  32.88

Accordingly, Dearness Allowance is payable to Officers on 382 (i.e. 350+32) slabs with effect from 01-02-2010 as against 350 slabs for the previous quarter.

           

The rates of Dearness Allowance at various stages of basic pay are furnished overleaf.

The rates worked out are as per the industry level scales upto Scale VII including SBI.

With greetings,

Sd/-

(G.D. NADAF)

GENERAL SECRETARY

D.A. PAYABLE FROM I ST FEBRUARY 2010 TO  30TH APRIL, 2010
RATE OF D.A. 0.18% PER SLAB (382 X 0.18= 68.76%)
BASIC	CONVERSION	EXISITING-DA	REVISED-DA	DIFFERENCE
PAY	FACTOR	350	382	DA
		01.11.2009	01.02.2010
10000	18.000	6300.00	6876.00	576.00
10470	18.846	6596.10	7199.17	603.07
10940	19.692	6892.20	7522.34	630.14
11410	20.538	7188.30	7845.52	657.22
11880	21.384	7484.40	8168.69	684.29
12350	22.230	7780.50	8491.86	711.36
12820	23.076	8076.60	8815.03	738.43
13320	23.976	8391.60	9158.83	767.23
13820	24.876	8706.60	9502.63	796.03
14320	25.776	9021.60	9846.43	824.83
14880	26.784	9374.40	10231.49	857.09
15440	27.792	9727.20	10616.54	889.34
16000	28.800	10080.00	11001.60	921.60
16560	29.808	10432.80	11386.66	953.86
17120	30.816	10785.60	11771.71	986.11
17680	31.824	11138.40	12156.77	1018.37
18240	32.832	11491.20	12541.82	1050.62
18800	33.840	11844.00	12926.88	1082.88
19360	34.848	12196.80	13311.94	1115.14
19920	35.856	12549.60	13696.99	1147.39
20480	36.864	12902.40	14082.05	1179.65
21040	37.872	13255.20	14467.10	1211.90
21660	38.988	13645.80	14893.42	1247.62
22280	40.104	14036.40	15319.73	1283.33
22900	41.220	14427.00	15746.04	1319.04
23520	42.336	14817.60	16172.35	1354.75
24140	43.452	15208.20	16598.66	1390.46
24760	44.568	15598.80	17024.98	1426.18
25380	45.684	15989.40	17451.29	1461.89
26000	46.800	16380.00	17877.60	1497.60
26620	47.916	16770.60	18303.91	1533.31
27300	49.140	17199.00	18771.48	1572.48
27980	50.364	17627.40	19239.05	1611.65
28660	51.588	18055.80	19706.62	1650.82
29340	52.812	18484.20	20174.18	1689.98
30020	54.036	18912.60	20641.75	1729.15
30700	55.260	19341.00	21109.32	1768.32
31600	56.880	19908.00	21728.16	1820.16
32600	58.680	20538.00	22415.76	1877.76
300	0.540	189.00	206.28	17.28
750	1.350	472.50	515.70	43.20