Fwd: 28.02.2026 circular.docx

[RAMANI NV]

Letter from Mr.C.N.Venugopalan.

---------- Forwarded message ---------
From: viswanathan ch <ch.visw...@gmail.com>
Date: Sun, 1 Mar, 2026, 4:28 pm
Subject: 28.02.2026 circular.docx
To: NV Ramani <ramani...@gmail.com>

https://docs.google.com/document/u/0/d/1p8o7AWp3WsUk46OycKnzhyH-KOHB5wWQ/mobilebasic

Sent from my iPhone

[Mathrubootham Sreenivasan]

as per central govt pay commission the retired employees scale  will be in the new  commission and accordingly pension will be updated  it is being followed in Central and state govts too  and one more  thing 20 percent 30 per cent and 100 per cent is also granted if one attains the age of 80,90, 100 years

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[Niranjan Cn]

Sirs,

Sorry to say, most of the points are factually not correct.  Most of the issues - already High Court Judgements have pronounced.  Unfortunately, he never quotes the judgements already pronounced in the matter,

Niranjan

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[JSOMA SHEKARA]

Most of the High court verdicts set aside by the Supreme Court.  In M C Singla case before examining the existence of rules if any for pension updation, HC Judge straightaway dismissed the claim of updation stating that disparity between  a set of two persons retired in different dates is not a discrimination. 

But the Hon.SC judge has directed parties to submit charts to examine if there is disparity in pension.

 The Hon.High court judge did not go into detail the claims of updation on RBI lines as per small committee resolutions dated 26.03.94 but relied only on  one sided statements of Banks/IBA like "RBI also has not implemented updation."

Now the situation has changed and DFS which is also a party to the Singhla case  has approved the  updation for RBI pensioners. This factor also has been brought to the notice of SC judge through a copy of DFS notification.

In HC petitioners have stressed the point that management and Unions have not addressed the grievances of the pensioners.

While directing petitioners to approach the authorities for better benefits, Hon Judge should have also directed management to negotiate the issue with litigants.

Further IBA and UFBU have signed minutes on 08.03.24, agreeing to discuss amending pension regulations to provide for  periodical updation in every settlement.

So Hon Judges hearing  M C singla case may take consideration of developments post HC verdict.

 

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[Niranjan Cn]

Sir,

Another one week - better to wait for judgments - and it will answer all the queries.

I have reservations about the retiree associations leaders getting a better deal - as they have failed when they were heading the UFBU.  Further, the communications issued by these organisations/unions does not instill confidence - that hey know the subject well and can bargain better with Banks.  These leaders have totally failed at their bank level to get benefits at bank level.  Sorry sir, I dont bank on them.

Niranjan

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[Satyanarayana Rao]

Sri Somashekara ji.
Your observations are emphatically justified and we shall win the case and celebrate too.

Yahoo Mail: Search, organise, conquer

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[JSOMA SHEKARA]

30 years have passed since BEPR1995 adopted and also became a legislation. If 35/1 does not give us updation

 why UFBU, IBA, retirees association did not try to rectify it? Regulations could have been amended at any

 time by iBA and UFBU.during the last 30 years. Pensioners have misunderstood 35/1.

 But UFBU leaders and other  veterans and legal eagles. They have understood Reg 35/1 like the back of their hand.

Then why no attempt is made to amend regulations? Why were the minutes of 08.03.2024 abandoned?

RBI Unions and retiree associations did not bother about pension rules or funds. They consistently launched struggle

leaving the job of finding funds to management. Continuous pressure forced DFS to take a decision.

IBA is not experiencing any pressure from  Unions instead Unions leaders have become spokesperson of IBA

claiming no funds.

Pensioners are asking forget 35/1 and implement updation like DFS approved in RBI.

To view this discussion visit https://groups.google.com/d/msgid/bankpensioner/1103487111.3456427.1772858995101%40mail.yahoo.com.

[Satyanarayana Rao]

Yes Sri Somashekara ji.
Very valid questions .
Every pensioner knows that the UFBU and IBA nexus have cheated the veterans and committed a fraud delebrately and suppressed the pension updation and pension regulations.
The judges have understood that there is something that calls for justice and natural justice and jurisprudence shall be ensured.
We will get favourable verdict and justice shall prevail.

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[Ramani Konnayar]

Shortest possible answer is "replacement of BEPR 1995 with NPS

with effect from 1/4/2010."

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