(Regn No. 1539/2019 Delhi)
Executive and Correspondence Address: G-11/1, MALVIYA NAGAR , NEW DELHI-110017
MOB NO. 91-9899466615, 8851229803, 7903207172, 9915394750 e-mail: aibr.action.forum@gmail.com
PRESIDENT Harihar Sinha 7903207172 harijee789@gmail.com
Ref No. : AIBRAF/ 459 /26 Date : 16th April, 2026
The Secretary, Department of Financial Services, Government of India, Ministry of Finance, Jeevan Deep Building, Parliament Street, NEW DELHI - 110 001.
Respected Sir,
Sir, we respectfully bring to your kind notice the historic judgment delivered by the Hon’ble Supreme Court of India on 10.04.2026 in Civil Appeal No. 11592–11593 of 2023, for Working Employees and Retired Employees both wherein it has been categorically held that the discrimination in the formulation of Dearness Allowance (DA) and Dearness Relief (DR) between Working Employees and Retired Employees is impermissible under law, as both are equally affected by inflation regardless of whether one is employed by the State, the Centre or in the Private Sector. Hence there should be no discrimination in providing the DA or Dearness Relief. This ruling further ensures that if a specific DA percentage is mandated, it must be provided equally to all eligible Employees and Pensioners removing the variations that existed previously.
The judgment further clarifies that arbitrariness is unethical to equality, and any distinction between Working Employees and Retired Employees is violation of Right to Equality as per Article 14 of the Constitution characterizing previous discriminatory practices as arbitrary. As the DA rates varied across different sectors and Government bodies previously, the Hon’ble Supreme Court has effectively ended this process. Hence a uniform DA rate must be applied ensuring the neither Government bodies nor Private Sectors organisations could stipulate the lower DA rates as compared to the Central Government.
After finding the facts of the above judgement, we the eight lacs Bank Pensioners are very much aggrieved and anguished and have to submit that the undernoted anomalies created during different Bipartite Settlements between IBA - Indian Banks Association and UFBU - United Forum of Bank Unions enumerated here below are causing huge financial losses to the Bank Pensioners in all Public Sector Banks.
-
(1)that Merger of 100 percent DR of pre 2002 Pensioners which is also called tapered DA was corrected wef October 2023 for Bank Pensioners after 20 years without arrears which is a substantial loss to all the Retired Employees only due to unlawful resolution passed earlier in 2002.
-
(2)DA upto 8088 point of DA was merged In the 12th BPS, the DA of all Working Employees and for those who retired after November, 2022 but it was not allowed for the pre 2022 Retired Employees.
-
(3)The benefit of merger of 1616-1684 point of consumer index was given to all Working Employees with arrears wef 1.11.2002 during 8th BPS. But all the Bank Pensioners were denied benefit arrears and were given monetary benefit wef 2.6.2005.
-
(4)Furthermore, from November 1st, 2022 for Working Employees and Retired Employees after 12th BPS settlement, another agreement shifted the calculations to new CPI series (2016=100) from old series of CPI series (1960=100) and the new Pay Scales were constructed by merging of 8088 point of DA.
Both the above benefits were not extended to the Retired Employees prior to 1st November, 2022.
-
(5)The DR of Bank Pensioners is paid on half yearly basis, but not revised quarterly so far as is being paid in the case of Working Employees on quarterly basis.
Respected Sir, we humbly request your goodself to intervene these issues and direct IBA and Banks to rectify all the above irregularities at the earliest. Now, there is no option to avoid it. We hope that in the interest of Justice and good relationship, corrective measures will be taken up immediately without any loss of time.
Warm Regards
For and on behalf of All India Bank Retirees Action Forum (R)
GENERAL SECRETARY
No comments:
Post a Comment