Pesnsion updation in terms of regulation 35(1) and as per RBI Formula

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ganpat dhond

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May 18, 2026, 7:01:40 AMMay 18
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Is there any difference  for Pension  updation in terms of REGULATION 35 (1)  and as per RBI formula ? If anybody has any idea  please  REQUEST for such information .

Thanks 
G J Dhond

MOHAN P

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May 18, 2026, 8:14:58 AMMay 18
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Dear Shri Ganapat Dhond,

The difference in nut shell is former is merger of DR  without any load factor and latter with a load factor.

Regards
Mohan.P






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Srinivasan Badri

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May 19, 2026, 12:19:20 AMMay 19
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RBI formula has nothing to do with our pension regulations Clause 35 1.RBI pension regulations as I understand has no updation clause. They got through negotiations with the involvement of working employees: officers  association.

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MOHAN P

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May 19, 2026, 4:23:01 AMMay 19
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Dear Mr Ganapat Dhond,
We have detailed discussions on these matters under this forum earlier.At the cost of repitation let me clarify your point with an example.
 A copy of relevant portion of  data( just to have   an idea on the subject) submitted by one of the respondents to Apex Court to understand the impact of application of (1)35(1) with Appendix-1 and (2) on updation of pension(formula /details are not found there) with consequent  increase,  is attached here under for your ready reference.
 Full complition report was posted by me here earlier which is available under this forum,for further reference.
RBI formula is also available under this forum elsewhere 
Regards
Mohan.P



On Tue, 19 May, 2026, 11:11 am ganpat dhond, <gjd...@yahoo.com> wrote:
Thanks . Will it be possible for you to give updation example on the basis of  REGULATION 35 (1)  and what  may be difference in absolute monetary value difference in both formula ? Your valued information will be highly appreciated .

regards 
G J Dhond

ganpat dhond

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May 19, 2026, 5:53:51 AMMay 19
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Thanks . Will it be possible for you to give updation example on the basis of  REGULATION 35 (1)  and what  may be difference in absolute monetary value difference in both formula ? Your valued information will be highly appreciated .

regards 
G J Dhond

On Monday, May 18, 2026 at 05:44:56 PM GMT+5:30, MOHAN P <moha...@gmail.com> wrote:


Satyanarayana Rao

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May 20, 2026, 12:18:56 AMMay 20
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Dear learned participants.
U are all aware that there is no provision for pension revision/pension updation in central government, RBI, Nabard  etc.
Still the government DFS has implemented pension updation/revision.
Why the deffendent advocats of DFS are baselessly arguing that there is no provision for pension updation for PSB pensioners?
While approving pension updation to RBI and Nambard and vehemently opposing and orbitarly denying is against the principles of Natural and and fair play and y and equality of law under article 14 and16 and 21.
This is foundation for justice and jurisprudence application of law for Supreme court judges in their Wisdom. That is why the supreme court bench is revisiting the high court verdicts 
and the supreme court judges have understood that there is injustice perpetually forced on pensioners.This constitutional fundamental right of pensioners for pension updation will be upheld and the judgement of high courts will be setaside.
Pl wait for final favourable verdict.


ganpat dhond

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May 20, 2026, 6:59:34 AMMay 20
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JSOMA SHEKARA

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May 20, 2026, 7:01:07 AMMay 20
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As on date only Updation and special allowance cases are pending in courts.
Merger of DA@8088 points, Uniform DA for all pensioners, application of New base year 2016 for all pensioners issues are open for discussion.
While we discuss legal implications, limitations of pension regulations from the academic point of view, no cse laws, judgments, necessary for UFBU to negotiate above issues which are not in court.
It just depends on their willingness, commitment to the cause of retirees and negotiating skills. UFBU and IBA can discuss and arrive at settlement and send a proposal for approval of DFS and regulations can be amended later.
If RBI employees unions can do it, why not UFBU.If AIBOC can negotiate 40:50 pension issues with management, they can negotiate DA merger of PSU Banks also. Reg35/1 is 30 years old. It is ridiculous to deny benefits by quoting a 30 year old regulation which can be amended any time to provide further benefits,
the Constitution itself is amended more than 100 times.


Srinivasan Badri

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May 20, 2026, 11:59:02 PMMay 20
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There is no updation formula for retirees after 1985 or so as per annexure 1 to the above clause.
The very specific clause 35 1 as amended by substituting Shall for will and formulae for formula , doesn't ipso facto mean for updation of periodic revision.As appendix to clause 35  does not give any formula.
That is why it is viewed by many stalwarts like com. CN Prasad that our case is legally weak. Some view judges now a days  have been viewing such cases  of through natural law of justice. They ignore regulations.
So on the above scenario only some hopes are there .Moreover in the opening remarks on the first hearing the senior judge has said that when there is updation clause it should be done. That is why the bench called for the pension particulars of retirees three periods to study the difference .
In case the judges give verdict in our favour , the formula to be applied is the question.
Whether the judges will appoint an independent commission to study and arrive at the formulae to be applied after due consideration of funds availability etc.
It is not going to come soon.

Only negotiated settlement like in RBI can solve the issue.
The case is an impediment for a negotiated settlement as it is " subjudice" reason given by IBA to UFBU.

Let us not have high hopes and get disappointed!?
That is the above view of many.


Hardev Singh

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May 20, 2026, 11:59:02 PMMay 20
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How are RBI guidelines for pension to resignees less than 20 years of service. If anyone has update.
Thanks 
Hardev Singh 


From: 'ganpat dhond' via bankpensioner <bankpe...@googlegroups.com>
Sent: Wednesday, May 20, 2026 12:37:14 AM
To: bankpe...@googlegroups.com <bankpe...@googlegroups.com>
Subject: Re: bankpensioner Pesnsion updation in terms of regulation 35(1) and as per RBI Formula
 

SUMAN KUMAR Suman

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May 21, 2026, 12:00:42 AMMay 21
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is it applicable to recent  resignees  notional  5  years  and  ex gratia
please  clarify
these  factors   after  merging or od da or not
as  per  contact  we took it  70 above  will  get
please  clrify







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suman.

MOHAN P

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May 21, 2026, 1:43:15 AMMay 21
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Mr Sumankumar,

1.The addition of notional service (Regulation 29 of BEPR 1995) is strictly applicable to employees who retired on Voluntary Retirement (VRS). 
It does not apply to resignees. To qualify for pension, resignees must meet the minimum qualifying service with their actual years of service.(ie:20yrs)

2.As a one-time measure applicable for the current bipartite settlement / Joint 
Note period commencing from November, 2022 to October 2027, monthly ex-gratia
amount shall be paid in addition to the pension/family pension paid by the
public sector Banks including SBI, to pensioners and family pensioners, who
became eligible to draw pension on or before 31st October, 2022 including those who retired on 31.10.2022
Regards
Mohan.P


 





Satyanarayana Rao

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May 21, 2026, 6:50:41 AMMay 21
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Where is a wil there is a way.
Sri Somashekara Ji what ever you have written is absolutely correct.
Let us not bother about those who are not doing their job to look after the welfare of the senior and veteran pensioners.
With Singla ji Case verdict which shall be in our favour the debate will be closed.
Let us spend the rest of our life peacefully.

Prasad C N

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May 22, 2026, 12:09:09 AMMay 22
to 'Satyanarayana Rao' via bankpensioner
Dear Shri Somashekaraji,

I am also joining you in praying early and favourable verdict in Singla's case.  We shall not bother about others.  We have several warriors, crussadors, activists, etc., fighting for getting our pension updated.  Shri Sanjayji is a latest addition

Thanks, a Million. 

With regards,
Prasad C N


Niranjan Cn

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May 22, 2026, 12:09:10 AMMay 22
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Sir,

In 35(1) , there is word of RBI at all. If one follows - 35(1) as it is - the question of RBI Formula does not arise.  IF RBI formula is taken - then 35(1) has no role.  Hope friends will agree.

Further, in Palanis case judgement it is stated with regard Regulation 35 (35(1) is part of Reg 35) as follows :  

" 17. Similarly, the provisions contained in Regulation 35 also make an incumbent entitled for opting

the pension on the basis of average emoluments. The average emoluments have to be calculated on

the basis of the preceding ten months. "


From the above - can we say Regulation 35 is with to regard to fixation of Pension ??


Niranjan

Ex Canara


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