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Prasad C N
unread,
Feb 19, 2024, 10:07:35 AM (12 days ago)
to ganpat dhond, 'Prasad C N' via bankpensioner
Dear Sir,
We are expecting some benefits out of this Settlement. If we do not get, we would get them enforced through pending Contempt Petition. Hon'ble Supreme Court has since advised us to file an affidavit providing the details of the benefits not paid. Since order for Pension Updation on the lines of RBI is not enforceable we may not push. This is because those who retired earlier will get more pension than those who retired later. For example, one who has retired on 31.10.2022 & one who retired on say 31.03.2023 are getting same pension now. If RBI formula is adopted, one who retired on 31.10.2022 will get more pension because for him, the load is 10%, whereas the load is less than 4% for one who retired on 31.03.2023. same Settlement cannot give more benefit to one who has retired earlier. This is akin to taking away accrued right and discriminatory. Wait for some time. We will share all information.
Thanking you,
With regards,
Prasad C N
This is for those who are questioning the bonafdes of my post. Pension updation is one of the items found favour in judgement but not enforceable due to technical flaw,
More details and copy of the judgement may be obtained from Mr Prasad if he deems fit to spare
C V Narayanan