The methodology to calculate DA slab*

*The methodology to calculate DA slab*

Dear Comrades,  Consumer Price Index average (based on Base year of 2016 = 100) for January , February and March'22 are: 125.1 + 125 + 126 / 3 = 125.367 points.  Since our DA points linked to Base Year 1960 = 100 pts, to convert,  we have to multiply with factors 4.93 (linking factor for Base Year 1960 and 1982 = 100), 4.63 (linking factor for Base Year 1982 and 2001 = 100) and 2.88 (linking factor for Base Year 2001 and 2016 = 100). Therefore,  total number of CPI is = 125.367 x 4.93 x 4.63 x 2.88 = 8241.38.  As 4708 points were already  merged with our Basic Pay,  DA payable will be on: 8241.38 - 4708 = 3533.384 points.  As DA rate is payable on Slab (4 points = 1 Slab)  basis,  by converting points we get 3533.38 / 4 = 883.346 slabs = 883.  The increase in number of Slabs are:  883 - 882 (already paid up-to last month)  = 01 Slab.  Hence,  PSGIC Employees will be paid 01 (ONE)  Slab more from May'22 to July'22 -