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As we are aware, Respected Mallkarjuna Rao Sir is retiring as PNB Chairman by end of this Month. Respected Mallkarjuna Rao Sir is also Chairman of High Powered Committee formed by DFS & IBA specifically for Pension Revision, as desired by Hon'ble Finance Minister Respected Nirmalaji Madam. I am sure that well before his retirement, Respected Mallkarjuna Rao Sir may submit a very Positive Pension Updation Proposal with 100% DA to Pre-2002 Retirees, as a result of which act of kindness, Respected Mallkarjuna Rao Sir may enjoy a very Happy, Healthy and Peaceful Retired Life with Blessings of 6 lakhs Bank Retirees.
As we are aware, Respected Mallkarjuna Rao Sir is retiring as PNB Chairman by end of this Month. Respected Mallkarjuna Rao Sir is also Chairman of High Powered Committee formed by DFS & IBA specifically for Pension Revision, as desired by Hon'ble Finance Minister Respected Nirmalaji Madam. I am sure that well before his retirement, Respected Mallkarjuna Rao Sir may submit a very Positive Pension Updation Proposal with 100% DA to Pre-2002 Retirees, as a result of which act of kindness, Respected Mallkarjuna Rao Sir may enjoy a very Happy, Healthy and Peaceful Retired Life with Blessings of 6 lakhs Bank Retirees.
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As we are aware, Respected Mallkarjuna Rao Sir is retiring as PNB Chairman by end of this Month. Respected Mallkarjuna Rao Sir is also Chairman of High Powered Committee formed by DFS & IBA specifically for Pension Revision, as desired by Hon'ble Finance Minister Respected Nirmalaji Madam. I am sure that well before his retirement, Respected Mallkarjuna Rao Sir may submit a very Positive Pension Updation Proposal with 100% DA to Pre-2002 Retirees, as a result of which act of kindness, Respected Mallkarjuna Rao Sir may enjoy a very Happy, Healthy and Peaceful Retired Life with Blessings of 6 lakhs Bank Retirees.
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I was extremely happy to read in yesterday’s Newspaper that Union Bank of India, under Chairmanship of Respected Raj Kiran Rai Sir, won the Prestigious “Infosys Finacle Innovation” Runner Up Award 2021 for “Application Programming Interface Management” under category of “Process Innovation”. It was mentioned in the Newspaper that this is an International Award. As an Indian, I am proud of Respected Raj Kiran Rai Sir. We are aware that Respected Raj Kiran Rai Sir was Chairman of IBA from October 2020 to October 2021. I am unable to understand that how such intelligent, Master of Information Technology and International Award Winner Person namely Respected Raj Kiran Rai Sir, even in reasonable time of 12 months, could not forward Pension Updation Proposal for the Approval of Hon’ble Finance Minister Most Respected Smt. Nirmala Sitaraman Madam, as directed personally to him by Hon’ble Finance Minister of India namely Most Respected Smt. Nirmala Sitaraman Madam on 30th October 2020 and peacefully vacates his Office as IBA Chairman after expiry of his Tenor of One year upto October 2021. Is the Job of Forwarding Pension Updation Proposal more Difficult than the Job appearing to be performed by Respected Raj Kiran Rai Sir, which made his Bank to win the above stated International Award?
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One Union in UFBU namely NOBW is affiliated to BJP. I appeal NOBW to kindly approach Hon'ble Prime Minister our Beloved Most Respected Narendra Modiji Sir and request his intervention in our Pension Updation Matter, which is stuck up despite efforts of Hon'ble Finance Minister Respected Nirmalaji Madam. In return, we Retirees extend our active & aggressice support to BJP in forthcoming Important UP Election and in future Elections also. If NOBW succeeds in getting support of Hon'ble Prime Minister our Beloved Most Respected Narendra Modiji Sir, then importance of NOBW in Banking Sector may increase Substantially. After full support of Hon'ble Finance Minister Respected Nirmalaji Madam to Bank Retirees, Bank Pebsion Updation matters is not that much difficult.
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Almost all 8 Members of the IBA Pension Updation Committee are near their age of 60 years. I do not know that after Reconstitution of the Committee, if any Member Retires or Dies before conclusion of the Committee, wheather IBA will again reconstitute the Committe, scrapping the Proceedings of Previous Committee/s.
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Hon'ble Finance Minister is extremely Busy upto 1st February 2022, for preparing Budget to be presented. From 2nd February 2022, we will try to meet Hon'ble Finance Minister for our Pension Updation Matter and will bring to her kind notice the latest Developments (or No Development) in the Matter.
On Thu, 27 Jan 2022 at 19:58, venkateswara madiraju<madir...@gmail.com> wrote:
WHAT HAPPENED to meeting FM. Every one forgot that.legal course take lot of time. Meeting FM is urgently rewuirwd .
On Thu, 27 Jan, 2022, 11:47 am mohan p, <moha...@gmail.com> wrote:
It is fact that,the Chairman and Managing committee of IBA,itself is changed every year.Naturally any sub.committee may also function accordingly.So IBA can drag our issue for any period assigning any vague reason as per their wish.They may submit an interim report to court within the time granted.Our issue need not necessarily resolved within the time frame!
On Thu, 27 Jan, 2022, 9:57 am 'Shrinivas Parkar' via bankpensioner, <bankpe...@googlegroups.com> wrote:
Almost all 8 Members of the IBA Pension Updation Committee are near their age of 60 years. I do not know that after Reconstitution of the Committee, if any Member Retires or Dies before conclusion of the Committee, wheather IBA will again reconstitute the Committe, scrapping the Proceedings of Previous Committee/s.--
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Monday 31st January 2022, Respected Mallikarjuna Rao Sir is retiring from his Post of Chairman of Punjab National Bank. Sumulteniouslyi, Respected Mallikarjuna Rao Sir is demiting from his Post of Chairman of Special Committee formed by IBA for Pension Updation. I appeal to Retirees residing in Delhi and nearby areas to gather in large numbers before PNB's Head Office in Delhi on 31st January 2022 to offer our Best wishes for Happy, Peaceful and Healthy Retired Life to Respected Mallikarjuna Rao Sir.
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On 30-Jan-2022, at 12:15 PM, 'Shrinivas Parkar' via bankpensioner <bankpe...@googlegroups.com> wrote:
Monday 31st January 2022, Respected Mallikarjuna Rao Sir is retiring from his Post of Chairman of Punjab National Bank. Sumulteniouslyi, Respected Mallikarjuna Rao Sir is demiting from his Post of Chairman of Special Committee formed by IBA for Pension Updation. I appeal to Retirees residing in Delhi and nearby areas to gather in large numbers before PNB's Head Office in Delhi on 31st January 2022 to offer our Best wishes for Happy, Peaceful and Healthy Retired Life to Respected Mallikarjuna Rao Sir.
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Monday 31st January 2022, Respected Mallikarjuna Rao Sir is retiring from his Post of Chairman of Punjab National Bank. Sumulteniouslyi, Respected Mallikarjuna Rao Sir is demiting from his Post of Chairman of Special Committee formed by IBA for Pension Updation. I appeal to Retirees residing in Delhi and nearby areas to gather in large numbers before PNB's Head Office in Delhi on 31st January 2022 to offer our Best wishes for Happy, Peaceful and Healthy Retired Life to Respected Mallikarjuna Rao Sir.
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Originally, the Term of Respected Mallikarjuna Rao Sir as a PNB Chairman was only upto 18th September 2021. When Respected Mallikarjuna Rao Sir was appointed as Chairman of Special Committee for Pension Updation on or before 22nd July 2021, IBA was not knowing that his term as PNB Chairman is going to be extended. It was subsequently only on 26th August 2021, Respected Rao Sir was given extension upto his date of Superannuation of 31st January 2022.When IBA appoints anybody as Chairman for Pension Updation, knowing that he is going to retire within 2 months, it means that as per IBA, 2 Months time is sufficient for Pension Updation Report.
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Originally, the Term of Respected Mallikarjuna Rao Sir as a PNB Chairman was only upto 18th September 2021. When Respected Mallikarjuna Rao Sir was appointed as Chairman of Special Committee for Pension Updation on or before 22nd July 2021, IBA was not knowing that his term as PNB Chairman is going to be extended. It was subsequently only on 26th August 2021, Respected Rao Sir was given extension upto his date of Superannuation of 31st January 2022.When IBA appoints anybody as Chairman for Pension Updation, knowing that he is going to retire within 2 months, it means that as per IBA, 2 Months time is sufficient for Pension Updation Report.
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On Fri, 4 Feb 2022 at 10:04, Inderjit Singh<inderj...@gmail.com> wrote:Yes. Till the time something concrete comes out from MOF, IBA etc., it's like showing lollipop. Best hope could be close to Lok Sabha elections, that too, if the in-power political outfit fears the road gonna be rough.Dear Friends,Let us desist from circulating such false information without any authenticity!Such news may only increase the anxiety of senior/super senior pensioners.NewsA highly reliable source has informed that ‘ in principle approval of the Government to amend the Public Sector Bank Pensioners’ Pension Regulations to provide 100% DA Neutralisation to pre 2002 Retirees has been received . As directed by Govt , IBAs Managing Committee after obtaining RBI consent has adopted appropriate resolution and had sent the resolution to Govt for approval and to issue Gazette Notification.According to him, this should not take more than a week or so ‘On being asked about similarly placed SBI Pensioners, he told me that SBI Pension Regulations already has such a proviso .He further said Pension Updation exercise shall be taken up after receiving Govt approval for 100% DA Neutralisation issueFor informationRegardsUmesh Sharma03/02/22Yes,sir .You are right.The calculator calculates the difference of DR for pensioners retired during the 7th to 10th BPS only. Calculators for 5th, 6th, and 11th BPS are not available there. Please check.Dear FriendsYou can also check the increase in DA payable to pensioners w.e.f 1.2.22 to 31.7.22 under following link in Bank Pensioner blog.Dear Friends,Circular on DA payable to Pensioners, for the next half year w.e.f 1st February 2022 to 31st July 2022 is attached here below for your information.
FOR INFORMATION:
ALL INDIA CONSUMER PRICE INDEX NUMBERS FOR INDUSTRIAL WORKERS (AICPIN-IW)2016=100 FOR DECEMBER 2021
As per release made today by Labour Bureau, Ministry of Labour and Employment ,Govt.of India, the All India Consumer Price Index Numbers for Industrial Workers(AICPIN-IW ) Base Year 2016=100 for December 2021, stood at 125.4points with decrease of 0.3 points while compared to November 21 figure as furnished here under:
L
AICPIN(IW)BASE-2016=100 FOR DECEMBER. 2021
MONTHS
AICPIN(IW)
AICPIN(IW)
AVERAGE
INCREASE
2016=100
1960=100
INDEX
IN SLABS
October'21
124.9
8210.75
November
125.7
8263.34
December
125.4
8243.62
8239.
74
Thus, the confirmed average index for the quarter comes to 8239 points.
Jh
Accordingly, there will have 74 slabs increase in DA payable for Bank pensioners for next half year w.e.f 1st February ’22,to 31st July 2022.
Detailed chart on DA payable to different categories of pensioners w.e.f.1st Feb’22 are furnished here under for information:
DEARNESS RELIEF PAYABLE TO PENSIONERS W.E.F.1ST FEB'22 TO 31ST JULY'22.
D.A. to those who retired on or after 1st Jan 1986 but before 1st Nov 1992.
Basic Pension
D.A.Payable
Average Index
8239
Slabs
1909
Up to Rs.1250.
1279.03
℅
Rs.1251 to 2000
1049.95
%
Rs.2001 to Rs.2130.
629.97
%
Above Rs.2130
324.53
%
D.A payable to those who retired on or after 1st November 1992
Up to Rs.2400
620.2
%
Slabs
1772
Rs.2401 to 3850
513.88
%
Rs.3851 to 4100
301.24
%
159.48
%
D.A. payable to those who retired on or after 1st April 1998
Up to To. Rs.3550
393.12
%
Slabs
1638
Rs.3551 to 5650
327.6
%
Rs.5651 to 6010
196.56
%
98.28
%
D.A.Payable to those who retired on or after 1st November 2002
267.66
%
Slabs
1487
D.A.Payable to those who retired on or after 1st November 2007
202.5
%
Slabs
1350
D.A.Payable to those who retired on or after 1st November 2012
94.9
%
Slabs
949
D.A.Payable to those who retired on or after 1st November 2017
32.97
%
Slabs
471
pm/31.01.2022.
Sent from RediffmailNG on Android
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IBA committee chairman was extended for three months. But it is 100% fake news that such extention was given to comlete report on pension updation. Such extention was given due to adminstrative exigencies like delay in appointment of next MD. It has nothing to do with the committee. If anybody has any proof that DFS has authorised such committee please upload the same. This committee is just a sub committee working under IBAThis committee is not accountable to anybody.
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On 04-Feb-2022, at 3:55 PM, sastry n s <sast...@gmail.com> wrote:
As reported in today's 'Times of India, Hyderabad Edition, page 7, Hon'ble Madras High Court, in a case of inaction on the part of the Corporation's Commissioner, commented : ' What is the point in drawing salary when the work is not done ? '. The Bench consisted of Hon'ble Chief Justice also. The Bench also warned the Commissioner that it would restrain the top official from drawing his salary till encroachment of temple lands are removed.
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It appears that IBA works only at the instruction of DFS and not otherwise. So, we have to follow up with DFS for our Pension Updation matter, which is Commitment of Hon'ble Finance Minister Respected Nirmalaji Madam. I feel that our Retirees Association, if they deem it fit & necessary, may hire some suitable person for following the matter of Pension Updation with DFS. Retirees individually may contribute funds for this Purpose, , if required by Retirees Association.
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Hon’ble Finance Minister Respected Nirmala Sitaraman Madam,
At the outset, we congratulate you for your selection in the World Famous Forbes List of “World’s Most Powerful Women”. We are happy and proud that we are having such a Powerful Woman as our Finance Minister.
Respected Madam, you may be aware that Pension of the Bank Retirees is not updated during last 25 years, even though the salary of Working Staff has been enhanced 5 times during this period. Every 5 years, our Government allocates certain amount to be utilised for updation of Salary and Pension of Bank Staff. The Distribution of this amount is decided by negotiation between Indian Bank Association and Representatives of Working Staff Unions. Retirees Representatives are not allowed in this Negotiation. As a result, entire amount allocated by our Government is taken by Working Staff only and no amount is utilised for Bank Retirees. This is happening for last 25 years. So far, no Government looked into this injustice. However, now we are having “Modi Government”, led by our Beloved Most Respected Narendra Modiji Sir, who cares for everybody suffering injustice. Your honour is also an Important Part of this Government, which believes in “Sabaka Saath, Sabaka Vikas and Sabaka Vishwas”, that means, “Companionship of everybody, Development of Everybody and Trust of Everybody”. Therefore, when the injustice as above came to your kind notice, immediately you expressed your concern for Bank Retirees by giving Interview to ‘Business Line’ on 30th October 2020, and clarified your views as follows:-
“Today I had a meeting with newly appointed SBI Chairman Dinesh Kumar Khara. One of the questions that I asked he may or may not be directly involved into it but as a big brother among all the banks, he should be talking to IBA to sort out issues related with bank employees, their pension, family pension and pensions of those who retired long time ago, whose pension does not commensurate with the pension of equal rank. So, that is something I am putting all my energy to make sure. I am communicating with IBA. Secretary (Banking) is also working with them. I told Dinesh Khara that this is something, I am very keen, I want bank employees to be given their dues. A lot of pensioners are waiting for very long time. Yesterday I had meeting with Rajkiran Rai of IBA. I spoke to him too. We need bank employees to be attended too, particularly their families and the pension of retired employees too. Pension matter, staff welfare, these are the issues on which I am definitely concerned.”
It can be observed form your above views and action, that you are not only Powerful but also have a kind heart towards those suffering from Injustice. You proved that you want to work for such suffering people of India. Therefore, your Honour did not only expressed your view, but you have taken proper action in this matter, by directly talking to the concerned. However, we regret to bring to your kind attention that despite your instruction to the concerned, nothing concrete has been done for Pension Updation either by Indian Bank Association or by Banking Secretary, as per your instruction, even though considerable time of 15 months is over, now.
Respected Madam, we are having our beloved “Modi Government”’ which “Jo Bolata hai, woh Karta Hai” means “What it talks, that it does” or in other words, “Walks its Talks”. We request your honour to kindly take strong steps so that your above quoted words are translated into reality, without further delay, for which act of kindness, we all Retirees remain grateful to you in our entire life, please.Respected Dhond Sir, thanks for your compliments. I will be more happy, if this letter is forwarded by number of my Retiree Friends, by various means available to them. A copy may be endorsed to IBA Chairman, Member of Managing Committee of IBA, Member of IBA Special Committee for Pension Updation, DFS Secretary, Banking Secretary and also to our Beloved Honourable Prime Minister Most Respected Narendra Modiji Sir.
We are aware that during last 2 years, various Groups of Retirees have taken pain, directly or through various Honurable MPs, to meet Honourable Finance Minister Respected Nirmalaji Madam and have handed over Memorandum of our Representation. This Letter may be used, with suitable Modification, while drafting Memorandum of our Representation, if deemed fit and necessary.
Also a wide Publicity, by various means of Social Media, may be given, if deemed proper by my Retiree Friends.
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Is it possible to file Writ Petition that Retirees issues must be negotiated with Representatives of Retirees in BPS and not with Unions of Working Staff, of whom Retirees are not Members? If yes, we have to file such Writ Petitions in Different Hon'ble High Courts, all over India. I think at least one Hon'ble High Court may give some relief to us. Now, present BPS will expire in November 2022 and process of next BPS will start from 6 months before means from May 2022. We have to file Writ Petitions well in advance.We have observed that UFBU may be sure that Writ Petition may bring some good result for Retirees. Therefore, in order that Retirees may not file such Writ Petitions, before every BPS, UFBU has been giving false promises to settle all issues of Retirees and also has been Planting its Stooges in Retirees Blog for this purpose.
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Is it possible to file Writ Petition that Retirees issues must be negotiated with Representatives of Retirees in BPS and not with Unions of Working Staff, of whom Retirees are not Members? If yes, we have to file such Writ Petitions in Different Hon'ble High Courts, all over India. I think at least one Hon'ble High Court may give some relief to us. Now, present BPS will expire in November 2022 and process of next BPS will start from 6 months before means from May 2022. We have to file Writ Petitions well in advance.We have observed that UFBU may be sure that Writ Petition may bring some good result for Retirees. Therefore, in order that Retirees may not file such Writ Petitions, before every BPS, UFBU has been giving false promises to settle all issues of Retirees and also has been Planting its Stooges in Retirees Blog for this purpose.--
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SirIt is correct that retirees issues should be discussed with retirees organisations. But the Himalayan question is to which retiree organisation as there is no umbrella organisation. Every retiree organisation claims to be the real organisation caring for the issues of retirees. If all the retirees organisations come under one umbrella as UFBU, we could strongly fight for the sameWith warm regardsS.Devadass, State Bank of India - Retd, Palani-624601Cell:9442250104
On Tue, Feb 8, 2022 at 3:58 PM 'Shrinivas Parkar' via bankpensioner <bankpe...@googlegroups.com> wrote:
Is it possible to file Writ Petition that Retirees issues must be negotiated with Representatives of Retirees in BPS and not with Unions of Working Staff, of whom Retirees are not Members? If yes, we have to file such Writ Petitions in Different Hon'ble High Courts, all over India. I think at least one Hon'ble High Court may give some relief to us. Now, present BPS will expire in November 2022 and process of next BPS will start from 6 months before means from May 2022. We have to file Writ Petitions well in advance.We have observed that UFBU may be sure that Writ Petition may bring some good result for Retirees. Therefore, in order that Retirees may not file such Writ Petitions, before every BPS, UFBU has been giving false promises to settle all issues of Retirees and also has been Planting its Stooges in Retirees Blog for this purpose.--
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Dear Debasish Mukherjee
There is a proverb, Cat close its eyes while drinking milk and believe that nobody could see it. All active anti trade union elements in this group are agents of the corporate and the proof being: major part of their energy and time they spent here are exclusively to malign trade union movement.
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