Cola Increase 2024 For Government Employees In India. In tandem, the dearness relief (dr) for central government retirees has also been boosted by 4% to 50% to cushion rising. The average increment in india is expected to be 9% this year compared to 9.2% in the corresponding period last year, showed the deloitte india.

Employees’ da increased to 50% from jan 1, 2024. To receive the full cola for 2024, a federal retiree’s annuity or a survivor annuity must have started no later than december 31, 2022.