100% DA to Pre 2002 retirees

[Harihara Subramanian]

Sir,

Finally we achieved 100% DA. Hope the recommendation has gone to DFS/MOF. It would be greatly helpful if this process is hastened. In this regard, efforts by any of our retirees or leaders of our Associations will be highly appreciated.

S H Subramanian 

[JSOMA SHEKARA]

There are reports that tomorrow the 18th August, the Managing Committee meeting of IBA is scheduled in Mumbai to discuss pension issues and submit a report to the Committee appointed by DFS as per Delhi High Court Order.

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[Ramakrishnan S]

I feel, this 100% da will not become operational. The reason is that with pension updation and switching over to 6352 points da merger, 100% da will get overlapped.  

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[Asok Bhaumik]

I think also in the same line.

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[Mohan Padala]

Sent from my iPhone

On 18 Aug 2023, at 05:15, Ramakrishnan S <ramakri...@gmail.com> wrote:



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[MOHANDAS RAO]

Dear Friends, 

      After the implementation of 100% DA to the Pre-2002 Bank Retirees, [the majority of the pensioners affected are in the 7th Bipartite Period] the DA chart till Jan 2024 would be as per attachment. The approval from the Govt is expected at an early date.

K. MOHANDAS RAO

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[Sanjay J]

Thanks for the DA chart, Sir.

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[JSOMA SHEKARA]

As per my analysis of developments.

The scenario regarding Bank pensioner demands has completely changed after appointment of committee by DFS as per DH directions.

In SBI there are two types of pensioners. One group covered under SBI pension scheme and another covered under EPR 1995. The committee cannot recommend 100% DA and Updation only  to original SBI  pensioners. 

Since associate Bank employees are now full fledged SBI employees excluding them from these two benefits will create anomaly.

If Associate Bank employees are allowed this benefit  then also anomaly arises as EPR 1995 cannot amended excluding PSU Bank pensioners as all are covered under same regulations.

So 100%DA benefit was extended to all. Now updation if approved by DFS has to be extended to PSU Bank pensioners also.

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[kds nair]

According to UFBU,the present exercise by high power committee is to find out and rectify the grievances of sbi pensioners upto 7 th bps like full da neutralisation,pension at 50 percent of basic pay and pension on pqa and fpa.If they  rectify the position in SBI,it will be applicable to all bank retirees together.Updation is a common demand which is being addressed seperately.Please correct me if I am wrong.

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