5 years weightage not given in bank pension for (Ex-Service Man) who has given upper age concession at the time of appointment

[ramesh kumar]

18/03/2012, C. Ramesh Kumar,e-mail address:  ramesh...@gmail.com

 Retired,  Manager, from Indian Bank, Thirupathi.    Retired on 31/05/2011.

 In the year 1992 under Ex-serviceman Quota, I have been given Upper  Age

 limit concession for appointment into banking sector.   Regulation No.26 of the Pension Regulations provides for additional service up to 5 years for the purpose of calculation of Pension in respect of those employees who have been given concession in upper age limit at the time of appointment.  This information I have read from an union letter.  In

the case of Shri. Thirikooda Rajappan.P Vs Vijaya Bank, Hon’ble High court of Madras has held that the benefit of additional qualifying service should be extended to such category of officers .   I have received Banking Pension  for the actual service,Which I have Completed. i.e., 19 years only.  Additional service upto 5 years for the 

purpose of calculation of pension (19+5)  in my case was not given.

I need assistance , in the form of Court Order Copy, IBA instructions

to all Banks Boards etc.  so that I will be able to  seek justice from Indian Bank.   Thanking You.           Ramesh,  with regards 

[perumal maruthu]

Dear Sir,

It is not correct and fair to ask for in your case 5 Years Notional weightage when you have no left over years of service and since sperannuated.

FIVE years benefit is given to those have atleast 5years left-over service and who opt for VRS uner Pension Scheme.

In your case(superannuated) if 5Yrs permitted, then Banks have to enhance the Superannuation to 65years.

M.Perumal

Chennai

 

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[Prasad C N]

Dear friends,

I have reproduced Regulation 26, hereunder :

 Addition to qualifying service in  special  circumstances  -  An employee  shall  be  eligible  to add to  his  service  qualifying  for  superannuation  pension  (but not for any other class of  pension)  the actual period not exceeding one fourth of the length of his service  or the actual period by which his age at the time of recruitment  exceeded  the  upper age limit specified by the Bank for direct recruitment or  a  period  of  five years, whichever is less. If the service or post to which the employee is appointed is one -

(a) for which post-graduate research or specialist  qualification  or  experience  in  scientific technological; or  professional  fields,  is  essential; and

(b) to which candidates of age exceeding the upper age limit  specified  for direct recruitment are normally recruited;

(c) for which the candidate was given age relaxation over and above  the  maximum age limit fixed by the Bank on account of his possessing higher  qualifications or experience:

Provided that this concession shall not be admissible to  an  employee  unless  his actual qualifying service at the time he quits the  service  in the Bank is not less than ten years;

Provided  further  that  this concession shall  be  admissible  if  the  recruitment  rules  in  respect of the said  service  or  post  contain   specific  provision  that  the service or post  is  one  which  carries  benefit of this regulation;

Provided also that the recruitment rules in respect of any service or post which carries the benefit of this regulation shall be made with the approval of the Central Government.

You can find that Ex-serviceman are not covered under these provisions.  Therefore, Ex-Serviceman may not be eligible for this benefit.

 

Thanks, a Million.

With regards,
Prasad C N

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From: perumal maruthu <perumal...@yahoo.co.in>
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Sent: Sunday, 18 March 2012 7:29 PM
Subject: Re: bankpensioner 5 years weightage not given in bank pension for (Ex-Service Man) who has given upper age concession at the time of appointment

[Mohandas Rao]

Dear Sir,

 

It appears that you are not eligible for notional addition of service up to 5 years for the purpose of calculation of your basic pension, for the following reasons also. I quote the relevant clauses in the Pension Regulation, which reads:

 

”…….24. Military Service:-

An employee who has rendered military service before appointment in the Bank shall continue to draw the military pension, if any, and military service rendered by the employee shall not count as qualifying service for pension…..”

 

“…..26. Addition to qualifying service in special circumstances:-

An employee shall be eligible to add to his service qualifying for superannuation pension (but not for any other class of pension) the actual period not exceeding one fourth of the length of his service or the actual period by which his age at the time of recruitment exceeded the upper age limit specified by the Bank for direct recruitment or a period of five years whichever, is less, if the service or post to which the employee is appointed is one –

 

(a) for which post graduate research, or specialist qualification or experience in scientific, technological, or professional fields is essential and

 

(b) to which candidates of age exceeding the upper age limit specified for direct recruitment are normally recruited;

 

(c) for which the candidate was given age relaxation over and above the maximum age limit fixed by the Bank on account of his possessing higher qualifications or experience: Provided that this concession shall not be admissible to an employee unless his actual qualifying service at the time he quits the service in the Bank is not less than ten years: Provided further that this concession shall be admissible if the recruitment rules in respect of the said service or post contain specific provision that the service or post is one which carries benefit of this regulation: Provided also that the recruitment rules in respect of any service or post which carries the benefit of this regulation shall be made with the approval of the Central Government….”

 

K. MOHANDAS RAO

[Arunakumar Subramaniam]

sir,

 

whether  this 5 year weightage  is applicable for  SBI

 

VRS PENSIONERS ALSO  ?

From: perumal maruthu <perumal...@yahoo.co.in>
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Sent: Sunday, 18 March 2012 7:29 PM

[jaswinder singh]

Dear  Sir,

My date of birth is 01/04/1954. I joined the bank service as Agri. Officer in PNB on 15/07/1985. At the time of advertisement there was relaxation in the upper age limit as prescribed under this regulation. I retired from the service on 31/03/2014. While calculating qualifying service  I was not given this benefit. One of my batch mate  in the similar circumstances when appealed was refused this benefit   citing the reason that he is not eligible for this as no such specific provision exists at the time of recruitment  etc. .  In my case also  I was  given 29 year service for calculating my pension. It is pertinent to mention here that there was no pension scheme at that time. Kindly guide me in the matter pl.

Jaswinder Singh

[arjunbhai oza]

Respected sir, my self joit Bank servic on 15/10/1983,after Army service,and retired from Bank on 31/03/2001 on "SUPPERANNUATION" ground at the age over 60 years.I,rendered Bank service for 17 years,05 month and 17 days, on this i, were given Bank pension for 17 years only as a.Clerical Cader. please let me know my self authored for 5year weitage on Bank pension. also clarify that pension updation not dun since 31/03/2001.

Please help Ex-Services.

Thanking you

Your's

A.I Oza.

Ex- Staff DNB..

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[mohan p]

Mr.Anjubhai Oza,

                                  Clarification on points mentioned in your post has been already made by our friends  on similar cases reported under this blog.

                                   1.As per Bank Employees Pension Regulations 1995 -Regu. 24-Says:

 Military service.

"An employee who has rendered military service before appointment in the Bank shall continue to draw the military pension, if any, and military service rendered by the employee shall not count as qualifying service for pensions."

2. Five years notional service is given to retirees on SVRS( pension opted) and that too the total service in such cases should not exceed 33 yrs.(60 yrs of age)

3.Pension updation has not been granted to bank pensioners in general so far and it is our major demand now.

[Manikandan K]

It appears Shri Jaswinder Singh & Shri Arjunbhai Oza h​ave missed the important point that both are getting reduced pension because of service element of pension.  In the former's case it is 29/33 and in the  latter's case it is 17/33. That is, the usual pension which is 50% of the average of last  10 months salary is reduced by the above factor.  Central Govt. has done away with this factor  after 6th central pay commission.  Our UFBU & retirees forums are yet to think abt this.       (I wonder whether they are aware of this)

Nobody helps Ex-services dear Shri Ozaji. God and soldier are prayed for in times of need. When the need is over, God is forgotten and the old soldier derided.  YEH HAI DHUNIADHARI

Regards

Manikandan(another forgotten exserviceman banker)

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Regards,

Manikandan

[arjunbhai oza]

Dears sir,

        Mohan P  and Mankandank, Thanks for reply and guided to Ex-services on Bankin service after Army service.

A.I. Oza

Ex-s/Bank Rtd.

[perumal maruthu]

Dear Sri Manikandanji,

It is not correct to state that Retirees' Forum (AIBRF) has not demanded for "FULL Pension for 20Years service".

This benefit has been extended to RBI Pensioners while granting improved Family Pension wef 13/1/13.

AIBRF has demanded for the same benefits for BankPensioners also in its several circulars and also incorporated in the Charter of Demands submitted to UFBU/IBA.

M.Perumal

[JSOMA SHEKARA]

Mr.Perumal Sir, it seems my comment in Facebook has been misunderstood. What I have said in my comments pertains to developments post May 2014 when new govt took charge. My opinion is since there is some positive vibes from new PM it is better to present our Pension demands in to PM in person. You are aware that AIBRF has sent a letter to PM on 27.05.2014. Since then UFBU met FM and presented a memorandum. after that NOBW also met FM. But they did not raise Pension issues and I have also said that 100% DA status also not sought by them. Please clarify is there any false in my statement? If so please clarify I am ready to correct myself.
What you have referred developments during 2013. I also remember Mr.Mittal then finance secreatary met AIBRF representatives and assured many things. But it is well known that none of his promises did materialize into action except ex-gratia to pre 1986 retirees. It is due to Person in charge of MOF. Since then Finance secreatary and FM both are not there naturally their assurances also went with them.
So what I said is to approach new govt as our pension related matters has not so far come for discussion with new govt.
I hope now matter is very clear.

[cpvnair]

NOBW should have met the PM/FM along with the leaders of UFBU  as it is a part of the mighty UFBU.Still it is a matter of concern that the BJP led govt gave a deaf ear to the words of NOBW, an organ affiliated to  BMS which reportedly has umblical connection with BJP.

 

 

warm reg

 

 

CPVNAIR

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[Manikandan K]

Dear Perumal Sir,

Happy to note that somebody is interested in the 'Service Element of​ Pension' matter.

As it finds rare mention in this forum I thought it is a forgotten issue.

Thanks for enlightening me that it is live.

Regards

Manikandan

​

[mohan p]

Dear Sri.Nairji,

                        Leaders of NOBW already had  a meeting  with  FM  Mr.Arun Jaitly during August '14 along with leaders of BMS( outfit of ruling party) and submitted a memorandum highlighting the issues confronting bank employees.It is also reported that the response of FM was positive and encouraging.Eventhough nothing was happened subsequently.

                       As you may be aware unfortunately Mr.Jaitly was hosptalised due to illhealth and had to undergo for surgery  

and was only discharged last week.In fact no body could meet or discuss with him during this period.

                        In the back round of UFBU meeting to be held on 13th Oct 2014 at Bangalore, NOBW met at Mumbai  on 10th Oct. 2014 and decided 1) Stick to 25% demand of Wage revision 2) Not to favour of token strike one/two days. Go for long and indefinite strike 3) NOBW is open for Pay Commission recommendations for Bank employees. NOBW also demanded to consider Compassionate appointment cases pending before 5th August, 2014.

                       Unless  collective and uniform actions are initiated by all unions under the banner of UFBU nothing will move forward and let us hope that all unions will show their collective strength at this crucial stage in their struggle with IBA to secure the demands of employees and pensioners without further delay.

                       

 

 

[cpvnair]

TKU PMji.If NOBW decides its own course of action at this juncture, I feel that it would be a MINOR setback to UFBU.In my view, UFBU should talk to NOBW leaders and apprise them to have continued co-operation with UFBU.I do not think going for indefinite strike abruptly may have counterproductive results.Else, UFBU may take the lead to meet the FM along with NOBW leaders to exert pressure on the issues.As we all know, FM(who is also the Defence Minister) may be stuck up presently with the Pak issues.Anyway,UFBU should ponder over meeting him immediately(not to avoid agitations but to expedite BPS).

 

 

warm reg

 

 

CPVNAIr

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[Krishna Jagirdar]

Dear Sir,

 Please let me know  Weather

1) you have preserve the Appointment letter,

2)Reasons given by you for retiring from Service on 31-05-2011

3)3 months NOTICE TO BANK GIVEN OR NOT in lieu of 3months salary recoverable and if recovered what was the Amount recovered?

4) judgement copy of Madras HIGH Court against VIJAY BANK is with you?

Please up loadall the above documents to arrive at conclusion

From:-K.S.Jagirda (EX-OFFICER, SBH)