100% DA Neutralization MSG MR. KATTARI SATYANARAYANA MSG FW ERI BOI

I could speak to the General Secretary of UBIRWA, Mr. Bhattacharjee  this evening.

For ready reference I furnish the extract from the Judgement of Hon'ble 

High Court of Kolkata dated 04 03 2015 relating to sanction of 100% DA 

neutralization to RBI employees for those who had  retired prior to 2002 by the RBI.

[New post] Pension issues–a re-look on 7th bi-partite limpings: FW ERI BOI

neelkanth posted: " Thanks to the author of the following writeup KR Saini on  behalf of you all for analysing threadbare the intricate limping areas in relation to 7th bi-partite adversely affecting a large group of pensioners. This gives a distinct picture of the is"

Respond to this post by replying above this line New post on Avenues Pension issues–a re-look on 7th bi-partite limpings: by neelkanth Thanks to the author of the following writeup KR Saini on  behalf of you all for analysing threadbare the intricate limping areas in relation to 7th bi-partite adversely affecting a large group of pensioners. This gives a distinct picture of the issue as a whole and is of great advantage to the readers of this blog, the pensioners in general in particular who are quite expected to peruse the contents in a right earnest sharing them equally with others to healthfully generate the requisite awareness on the issues: krsaini Oct 27, 2015 @ 11:54:31 Edit THERE ARE TWO MAJOR PENDING PENSION ISSUES IN S.B.I AND THEY HAVE BECOME A SORT OF A RUNNING SEQUENCE WHICH ARE FLARING UP AGAIN AND AGAIN AND WE REQUEST M.O.F TO HAVE THE ISSUES EXAMINED AFRESH AND I AM COVERING THESE ISSUES AS UNDER AS THEY REGUIRE IMMEDIATE ATTENTION OF THE GOVERNMENT: 1) THE REVISION OF PENSION ON 7TH BIPARTITE PAY SCALES. 2)PAYMENT OF PENSION AT 50% OF THE LAST DRAWN AVERAGE PAY. ISSUES OF 7TH BIPARTITE RETIRES: THE ISSUE OF PENSION REVISION OF 7TH BIPARTITE RETIREES IS QUITE GENUINE. THE 7TH BIPARTITE RETIREES COMPRISE OF THOSE WHO RETIRED DRAWING SALARY AS PER 7TH BIPARTITE WAGE SETTLEMENT(PERIOD BETWEEN1.11.1997(AWARD)/1.04.1998(SUPERVISING)TO31.10.2002).AN INJUSTICE HAS BEEN DONE TO THEM. THE POSITION IS EXPLAINED HEREUNDER.— I) THE 6TH BIPARTITE SETTLEMENT ARRIVED AT IN 1995 WAS IMPLEMENTED FROM 1.11.1992/1.7.1993. AT THAT TIME PENSION OF THOSE RETIRED WAS REVISED WITH EFFECT FROM 1.11.1993 AND THE CEILING WAS RAISED UPWARDS FROM RS2400/ TO RS 4250/ BY ADJUSTING OF D.A AND DIFFERENCE BETWEEN 600 POINTS OF CONSUMER PRICE INDEX(CPIN) AND 1148 POINTS.THIS REVISION WAS IMPLEMENTED IN PRINCIPLE, ALTHOUGH IN FACT IT DID NOT SIGNIFICANTLY CHANGE THE GROSS PENSION PAYABLE. II) THE ABOVE CEILING OF PENSION WAS AGAIN REVISED WITH EFFECT FROM 1.3.1999-THE NEW FORMULA WAS INTRODUCED BY WHICH THOSE GETTING A SALARY UPTO RS8500/ WOULD GET PENSION AT 50% OF THE SALARY AND THOSE GETTING ABOVE RS8500 WOULD GET PENSION AT40% OF THE SALARY SUBJECT TO A MINIMUM OF RS4250/.AS A CONSEQUENCE OF THIS, CLERKS AND OFFICERS OF THE RANK OF JMGS1 WOULD GET PENSION AT 50% OF THE AVERAGE BASIC PAY, WHEREAS OFFICERS MMGSII ONWARDS RECEIVED PENSION AT 40% OF THE LAST DRAWN AVERGE PAY. III) IN THE CASE OF 7TH BIPARTITE SETTLEMENT WHICH WAS FOR THE PERIOD FROM 1.11.1997(AWARD STAFF)/1.4.1998 (SUPERVISING STAFF) TO 31.10.2002,THE SALARY REVISION TOOK PLACE ON14.12.1999(SUPERVISING STAFF) AND 27.03.2000(AWARD STAFF)RESPECTVELY WITH RETROSPECTIVE EFFECT. HOWEVER, DUE TO OVERSIGHT NECESSARY CORRESPONDING REVISION OF PENSION DID NOT TAKE PLACE FOR THESE RETIREES. THEREFORE, ALL THESE 7TH BIPARTITE RETIREES ARE GETTING PENSION ON THE SALARY AS PER PAY SCALES OF THE 6TH BIPARTITE SETTLEMENT AND NOT ON THEIR ACTUAL LAST DRAWN AVERAGE PAY. IN FACT, PROVIDENT FUND ,GRATUITY AND FAMILY PENSION WERE PAID TO THESE RETIREES ON THE BASIS OF THEIR LAST DRAWN SALARY.THIS IS THE ONLY GROUP OF PENSIONERS IN THE BANK WHICH IS NOT GETTING PENSION ON THEIR ACTUAL LAST DRAWN PAY, WHICH IS INEQUITABLE. IV) THE COMMITTEE ON PENSION SETUP BY THE S.B.I ON ADVICE OF GOVERNMENT OF INDIA ALSO DELIBERATED ON THE ISSUE AND INTERACTED WITH THE BOTH FEDERATIONS ON THE ISSUEOF REVISION OF PENSION OF 7TH BIPARTITE RETIREES. IT RECOMMENDED TO THE GOVERNMENT OF INDIA TO CONSIDER THE ISSUE DE-NOVO. SINCE THIS ISSUE HAS NOT BEEN SETTLED TO THE SATISFACTION OF THE 7TH BIPARTITE RETIREES, IT HAS BECOME A CONTINUING AND RECURRING CAUSE OF FRICTIONS. LEGAL POSITION THE FOLLOWING ARE THE KEY POINTS FROM THE LEGAL ANGLE—- a) THE MANAGEMENT OF THE BANK IS REQUIRED TO REMOVE IRRITANTS THAT CREATE DISSATISFACTION TO SENIOR PENSIONERS AND ALSO RECOMMENDED TO M.O.F FOR REMOVING THE ANOMALIES IN PENSION ON27.04.2015. b) SINGLING OUT OF RETIREES DURING THE CURRENCY OF 7TH BIPARTITE SETTLEMENT IS VIOLATIVE OF ARTICLE 14 AND 21 OF THE CONSTITUTION. c)IT IS LEGAL,EQUITABLE AND JUSTIFIED TO PROVIDE PENSION REVISION FOR 7TH BIPARTITE RETIREES ON THE SAME FOOTING AS THAT OF 8TH AND 9TH BIPARTITE RETIREES. DENYING THE SAME TO THESE RETIREES AMOUNTS TO A SHEER DISCRIMINATION. K.R.SAINI Technorati Tags: statebankofindia,government,pensioners,threadbare,analying,krsaini,author,legal,position,7thbipartite,discrimination,frictions neelkanth | October 28, 2015 at 1:38 pm | Tags: areas, bipartite, intricate, limpings, pensioners, statebankofindia | Categories: banks, bi, blog, government, pension, sbi | URL: http://wp.me/p49UM-su Comment    See all comments    Like Unsubscribe to no longer receive posts from Avenues. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://uppermost.me/2015/10/28/pension-issuesa-re-look-on-7th-bi-partite-limpings/

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BANK RETIREES NEWS:REG UPDATION OF PENSION WHICH WAS NOT DONE BY UFBU[ AIBEA MAIN] MSG OF MR PB SARMA FW ERI BOI

Dear friends,

We have to base our arguments on MOU dt 29/10/1993 signed by IBA and AIBEA.The MOU clearly provides for parity of DA formula with that of RBI(clause6) and updation of pension as per clause 12 of the same MOU.Mou was signed by IBA as authorised negotiating agent of the banks.The MOU was ratified by other unions subsequently.

Long Pending Issues of Bank Pensioners/Retirees - Your Help - Requested

Respected Sir, 

Namasthe! 

Kindly find an attachment on the above subject sent your perusal.  Kindly help us by taking up the matter with the appropriate Authorities.

With regards,

N.Harinarayana Sarma

HYDERABAD

^14th   October 2015

To

The Secretary,

Ministry of Finance,

Government of India, Dept of Financial Services,

3^rd floor, Jeevan Deep Building, Parliament Street,

NEW DELHI  110001

Respected Sir/Madam,

I  WOULD LIKE TO BRING TO YOUR KIND NOTICE  THAT WE ARE PUBLIC SECTOR BANK RETIREES. INDIAN BANKS’ ASSOCIATION (IBA) THE ASSOCIATION OF BANK MANAGEMENTS,  HAD SIGNED ANGREEMENT WITH THE UNITED FORUM OF BANK UNIONS ON 25th MAY 2015 BUT REFUSED  TO DISCUSS AND FINALISE THE ISSUES RELATING TO PAST BANK RETIREES LIKE UPDATION AND 100% NEUTRALISATION OF DA, IMPROVEMENT IN FAMILY PENSION, EXTENDING ONE MORE OPTION TO RESIGNEES, ETC. STATING THAT THERE IS NO CONTRACTUAL RELATIONSHIP BETWEEN BANKS AND BANK RETIREES.

IN THIS CONNECTION, I WOULD LIKE DRAW YOUR KIND ATTENTION TO THE FOLLOWING  POINTS:

BANK RETIREES NEWS:Bankpensioner- Pension to RESIGNEES MR PATHAK MSG TO BANK PENSIONER FW ERI BOI

SUPREME COURT DISTINGUISH  M R PRABHAKAR Vs CANARA BANK JUDGEMENT ON RESIGNATION   

 

It is now known fact that Banks and IBA [ Voluntary Association of Management of Bank] are unjustifiedly denying the legitimate claim of the Bank Resignees despite clear cut judgments in following cases:-

BANK RETIREES NEWS:Bank Pension

From:"Seetha And Kishore" <rbkseetha@yahoo.com> Date:Mon, 21 Sep, 2015 at 22:56 Subject: Bank Pension From: Dhanasekaran Duraisamy <ddh.dhanasekaran@gmail.com> Subject: Fwd: Bank Pension To: Sreenivas Varadhareddy <vsreeniv@hotmail.com> Forwarded as received. Received from a very senior officer of our Bank.-----deesree THIS IS AN IMPORTANT MESSAGE IN RETIRED BANKERS GOOGLE BLOG Mr Dushyant Dave, President of Supreme Court Bar Association has said that all 21 Lawyers of the SCBA are ready to represent the Veterans in SC on OROP Pro- Bono (Pro-Bono means without cost to the applicant) THIS IS AN IMPORTANT MESSAGE IN RETIRED BANKERS GOOGLE BLOG Dear friends, It is surprising that a land mark judgement delivered by the Supreme Court of India on 01 07 2015, Civil Appeal no. 1123 of 2015 has gone unnoticed and except for a brief letter from Shri S R Sen Gupta to IBA, no other union has taken any steps. The salient features of the judgement: 1. The bench has authoritatively ruled that Pension is a right and the payment of it does not depend upon the discretion of the Government. Pension is governed by rules and a Government Servant coming within those rules is entitled to claim pension. 2.The judgement has recognised that the revision of pension and revision of pay scales are INSEPARABLE. 3.The bench has reiterated that on revision the Basic pension cannot be less than 50% of the Basic Pension in the minimum of the Pay Band in the revised scale corresponding to the pre-revised scale. 4.The government CANNOT take a plea of financial burden to deny legitimate dues of the pensioners. 5.The Government SHOULD AVOID unwarranted litigation and not to encourage any litigation for the sake of litigation. 6. When pension is upheld to be a right and NOT A BOUNTY, as a corollary to the averment that revision of pension and revision of pay scales are INSEPARABLE, upgradation of pension is also a RIGHT AND NOT A BOUNTY. THE JUDGEMENT IS BASED ON THE DECISION ON D S NAKARA CASE. The above details are available in the latest issue of Canara Bank Retired Officer's Association Circular no 3/2016 dated 1st August 2015. The judgement is very clear and I wonder how no one has noticed the important aspects and why no one has taken up the matter with the IBA/Govt. Why no one has reacted to the judgement is surprising and perplexing. While agitation is on why can't we take recourse to court also as Supreme Court advocates are offering their services. One ruling by SC that govt can't deny pension for lack of funds regarding OROP every year and VRS case.

BANK RETIREES NEWS: Availing incremental commutation by the retired employees

UNION BANK RETIRED EMPLOYEES' ASSOCIATION

Date: 

​13th July,'15​

To

​

(1) The Office Bearers & CC Members of our Association,​

(2) Members of our Association, whose e-mail IDs. are available with our Association

Friends,

Availing incremental commutation by retired employees

     A copy of our e-mail and its 4 attachment sent to the Bank's CMD are forwarded herewith.

    The members of our Association, particularly who retired in November, '12 or December,'12 or January,'13 are inquiring with us whether they should opt for additional commutation of pension, because their apprehension is of  financial disadvantage.

    Calculations in three actual cases of Bank of Baroda sent with this e-mail are such that the employees were retired on the three dates mentioned in the above paragraph.

    It will not be possible for our Association to send hard copy of this e-mail and its attachments to anybody by courier / post. 

    Please, therefore, guide the concerned members of our Association in your area on the basis of these calculations. 

Yours sincerely,

B.G.Raithatha,

General Secretary

​C.c.to:-

All other regular recipients of our Association's e-mails (for information)​

                                                               

---------- Forwarded message ----------
From: B.G Raithatha <ubiretirees@gmail.com>
Date: 13 July 2015 at 23:32
Subject: Availing incremental commutation by the retired employees
To: CMD Mumbai <cmd@unionbankofindia.com>, GM HRMD CO Mumbai <gmhrmd@unionbankofindia.com>

UNION BANK RETIRED EMPLOYEES' ASSOCIATION

Date: 

​13th July,'15​

To

​The Chairman & Managing Director,

Union Bank of India,

Central Office,

Mumbai

Sir,

​

Availing incremental commutation by the retired employees

​    Please see the five attachments to this e-mail.​

Yours sincerely,

B.G.Raithatha,

       General Secretary       

89. Click Here
90. Click Here
91(I). Click Here
92(II). Click Here
93(III). Click Here