GOI TO PROVIDE OPTION EITHER COMPASSIONATE APPOINTMENT OR EX GRATIA

[PM]

For Information:

                             Government has approved the recommendations of State Bank of India to provide option to choose either Compassionate Appointment or Ex-gratia lumpsum. The facility has been extended to all Public Sector Banks.

[Jayakrishnan T.V.]

Will be of great help to many.

Jayakrishnan T.V.

On Saturday, 27 December 2014 4:19 AM, PM <moha...@gmail.com> wrote:

For Information:

                             Government has approved the recommendations of State Bank of India to provide option to choose either Compassionate Appointment or Ex-gratia lumpsum. The facility has been extended to all Public Sector Banks.

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[Mohandas Rao]

Dear Friends,

VR AT THE ENTRY LEVEL?

Now there is an option to choose either the appointment or a lump-sum ex-gratia.
When the employee dies while in service, the spouse may not be interested to take
the appointment offered by the bank for various reasons. The children may also not interested in the bank appointment due to the low wages. So, this is a welcome move.

K. MOHANDAS RAO

[PM]

Dear Friends,

                                      SCHEME OF APPOINTMENT ON COMPASSIONATE GROUNDS

                                 As you are aware that the Government of India while approving the scheme of appointment on compassionate grounds in all Public Sector Banks directed the Banks to withdraw the scheme for payment of ex-gratia lumpsum amount, wherever it exists, on implementation of captioned  scheme.

                              All India State Bank of India Staff Federation represented to the Management of State Bank of India for continuation of the existing scheme for payment of ex gratia lumpsum  amount in addition to introduction of scheme for compassionate appointments.Accordingly  the Management of State Bank of India sent recommendation for continuation of the scheme for  Payment of Ex-gratia lumpsum amount and to provide for an option to choose either of  benefit available under these two schemes.

                                          The Ministry of Finance, reviewing its earlier instructions, directed all the Public Sector Banks to provide for an option between these two schemes.

The extract of Letter F.No.18/2/2013 appended below. 

“SUB: SCHEME OF APPOINTMENT ON COMPASSIONATE GROUNDS IN PUBLIC SECTOR BANKS

            I am directed to refer to this Department’s letter of even number dated 7th August, 2014 on the subject cited above and to say that State Bank of India has now approached the Government proposing for the need to continue the earlier provisions of the scheme i.e. compassionate appointment in exceptional cases or payment of ex-gratia lumpsum amount in lieu of compassionate appointments.

            The matter has been examined in this Department and it has now been decided that all Public Sector Banks can have both the options i.e. compassionate appointment or payment of lumpsum exgratia amount. However, any of these two options can be used only when the other conditions of compassionate appointment are met.

This has the approval of Finance Minister.”

Circular No. 30/2014 Dated: 26.12.2014

SCHEME OF APPOINTMENT ON COMPASSIONATE GROUNDS IN PUBLIC SECTOR BANKS

You are aware that the Government of India while approving the scheme of appointment on

compassionate grounds in all Public Sector Banks directed the Banks to withdraw the scheme for

gratia lumpsum amount, wherever it exists, on implementation of the captioned

Our Affiliate, All India State Bank of India Staff Federation represented to the Management of

State Bank of India for continuation of the existing scheme for Payment of Ex

mount in addition to introduction of scheme for Compassionate Appointments. Accordingly,

the Management of State Bank of India sent recommendation for continuation of the s

umpsum amount and to provide for an option to choose either of the

these two schemes.

We are glad to inform that the Ministry of Finance, reviewing its earlier instructions, directed all

the Public Sector Banks to provide for an option between these two schemes.

The extract of Letter F.No.18/2/2013-IR dated 05.12.2014 of the Ministry of Finance is reproduced here under:

: SCHEME OF APPOINTMENT ON COMPASSIONATE GROUNDS IN PUBLIC SECTOR BANKS

I am directed to refer to this Department’s letter of even number dated 7th August, 2014 on the

subject cited above and to say that State Bank of India has now approached the Government

proposing for the need to continue the earlier provisions of the scheme i.e. compassionate

appointment in exceptional cases or payment of ex-gratia lumpsum amount in lieu of

The matter has been examined in this Department and it has now been decided that all Public

Sector Banks can have both the options i.e. compassionate appointment or payment of lumpsum

exgratia amount. However, any of these two options can be used only when the other conditions

of compassionate appointment are met.

This has the approval of Finance Minister.”

 Yours comradely,

 (R.K.SHARMA

 GENERAL SECRETARY

ALL INDIA PNB STAFF FEDERATION

IN PUBLIC SECTOR BANKS

You are aware that the Government of India while approving the scheme of appointment on

compassionate grounds in all Public Sector Banks directed the Banks to withdraw the scheme for

n of the captioned

Our Affiliate, All India State Bank of India Staff Federation represented to the Management of

cheme for Payment of Ex-gratia lumpsum

heme for Compassionate Appointments. Accordingly,

the Management of State Bank of India sent recommendation for continuation of the scheme for

mount and to provide for an option to choose either of the

We are glad to inform that the Ministry of Finance, reviewing its earlier instructions, directed all

of the Ministry of Finance is

: SCHEME OF APPOINTMENT ON COMPASSIONATE GROUNDS IN PUBLIC SECTOR BANKS

August, 2014 on the

State Bank of India has now approached the Government

proposing for the need to continue the earlier provisions of the scheme i.e. compassionate

gratia lumpsum amount in lieu of

The matter has been examined in this Department and it has now been decided that all Public

Sector Banks can have both the options i.e. compassionate appointment or payment of lumpsum

n the other conditions

Since the IBA/Government has not relented and been rigid on improving the offer of increase

ded to launch further agitational programmes

(2) Four Day’s Strike from 21st to 24th January

ed by other action

for the enthusiastic participation in all action

We further reiterate that none of our members shall be

sanctioned leave, must submit a letter to

the Bank stating that his/her absence on the above specified dates shall be treated as on strike.

to monitor and ensure that the strike is a total success.

Yours comradely,

R.K.SHARMA)

GENERAL SECRETARY