DA news: DA for pensioners explained, who is eligible, impact of revision, pay structure and other details

Dearness Allowance (DA) is a benefit paid to retired central and state government employees and public-sector pensioners to compensate for inflation. It is not typically offered in the private sector. The recent revision of DA has increased the rate from 17% to 28% for central government employees and pensioners, effective from July 1, 2021. This change will impact their monthly pension, with the exact amount varying based on the individual's basic pension. The new DA rate will also apply to state government employees and pensioners, with the exact implementation date varying by state.