Proposals of Retirement age 62 and 50% DA Merger..?

Proposals of Retirement age 62 and 50% DA Merger..?   Modest Expectation for 50% DA Merger still on the cards   The expectations will not subside until the central government makes it clear whether 50% DA Merger will be approved or not. Though there were mixed news about whether 50% DA Merger is approved or not, Railway and Defence Federation’s Leaders told that the 50% DA merger was approved by the Cabinet. A website belongs to an important railway federation also flashed a news confirming merger of 50% DA is approved by the cabinet. Sometime later it changed its stand and removed the flash news   One of the News Media also confirmed that 50% DA is approved by the cabinet. But so far any announcement in this regard has not been come from the Government. Some Leaders of the Federations told, ‘when we had a talk with them, initially the central government agreed in principle to merge the 50% of Dearness Allowance and its decision was expected from the cabinet meeting held yesterday evening. But we are unaware of the reason for the government not announcing its decision.’   Earlier reports claimed that the government was considering 50% DA Merger and increasing retirement age to 62. But a source close to official side said these will be a part of Terms of Reference of 7th Pay Commission and the Panel , however, can recommend this later   Everybody feels, still it is an incomplete picture, as the government has not declared it is done   Source: www.gservants.com [http://www.gservants.com/2014/03/01/modest-expectation-50-da-merger-still-cards/]   Read also... AICPIN for Jan 2014 - Expected DA from Jul 2014   7th Central Pay Commission Terms of Reference - Cabinet approved ToR of 7th CPC   CABINET APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS   this is a test message