PENSIONERS' VOICE AND SOUND TRACK APPEALS YOU "USE MASK""KEEP SOCIAL DISTANCE" "GHAR BATHO ZINDA RAHO" "STAY HOME SAVE LIVES"
DEAR FRIENDS, CONGRATS, YOUR BLOG CROSSED 3910000 HITS ON 28.06.2025 THE BLOG WAS LAUNCHED ON 23.11.2014,HAVE A GREAT DAY
VISIT 'PENSIONERS VOICE & SOUND TRACK' WAY TO CATCH UP ON PENSIONER RELATED NEWS!

Wednesday, 16 September 2015

BANK RETIREES NEWS : Problems of Bank pensioners P.B. SARMA msg FW E.R. IYER

I  AM  FW  MR  P.B. SARMA  MSG    PL  PUBLISH  IN  YOUR BLOG.   
REGARDS  : 
E.R.IYER

Subject: Problems of Bank pensioners.

Dear Sir,
We thank you very much for sparing your Most Valuable Time time for helping Bank Pensioners who are deprived of their legitimate benefits for the last 20 years.In this regard we may be permitted to submit the following for your kind consideration.
1. About 10 percent of bank retirees are not given second option for pension.These retirees are suffering to make both ends meet.These are the people who resigned or compulsorily retired after putting in more than 20 to 35 years of service.In RBI and central govt all retirees who completed 20 years of service are given full pension.So this is most legitimate demand.
2 .Most of the pensioners and employees are getting 100 percent DA neutralisation wef 01/05/2015.But just 15 percent of total pensioners who retired before 01/11/2002 were discriminated and denied this benefit.Consequently these pensioners are drawing Rs 1000 to 8000 less than their counterparts who retired after that date.This is most unlawful and unjust discrimination and we request you to kindly restore this benefit and eliminate unjust discrimination and humiliation meted out to the very old and sick pensioners.This benefit was already restored in RBI wef 01/05/2005.
3. updation is not being done for the past 20 years.Because of that a General Manager retired in 1994 is getting pension less than that of a clerk retiring today.Similarly General Manager retired in 1994 gets less than half of what a General Manager retiring getting today.Thus the senior pensioners are discriminated and humiliated as the gap between the old and new pensioners is widening year after year.This is because of Pensions are not updated whenever wage revision takes place as is the practice in Central and State govts.As per recent Supreme Court verdict,it is declared that updation of pension is part and parcel of pension and it must be revised whenever salaries are revised.
As the pensioners become older day by day ,their medical and other expenses will go up.So central govt is increasing the pensions by 25 to 100 percent more than their normal pension.But in Banks there is no parity between old and new pensioners in the absence of updation leave alone giving incremental pension as the age crosses 80 years.
4. Family pension is fixed very low at the time of launching of the scheme with an assurance of improvement in the subsequent bipartites.But nothing was done subsequently and the family pensioners are getting less than 50 per cent of what their counterparts in RBI and central govt are getting.
Finally we once again request you to kindly ensure that these Most Important ,Just and Humanitarian demands of Bank pensioners.We will be very much thankful to you throughout our life for using your Good offices for the Welfare of the pensioners.
Yours Faithfully,
P B Sarma.
Regards, E.R.Iyer