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Friday, 10 November 2023

SBI PENSIONERS ANOMALY 40%-50%

I append below a copy of the DHC order dt 7/11/2023 received by me from Mr SV Srinivasan, a leader of the Pensioners' Assocication of Canara Bank . Related to that, I attach  a circular of Sept 2023 and a note sent by the SBI Officers Federation on the 40% -50% anomaly forwarded to me by Mr S Rajasekhar.
It will make an interesting reading to understand how an anomaly has been allowed to continue from 1/3/1999 in SBI on illogical grounds in the Pension Regulations. 
Although the DHC order has no direct implications for LIC Pensioners, LIC Pension Rules 1995 also contain Rule 55B which is discriminatory against more than 90% of the retirees.
We need to get such discrimination removed by arguing before SC  in the context of Rule 56 .

C H Mahadevan

(1) DHC ORDER DATED 07.11.2023

(2) CIRCULAR DATED 15.09.2023




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