DA Index details for Pensioners from 1993 till Feb 2013

[perumal maruthu]

Dear Sirs,

 

Please find in the attached file details of DA-Index  for BankPensioners from the time of Pension Settlement (1993) till February2013.

It may be recalled that the Pro-Pension Unions in non-SBI Banks were demanding a Pension scheme, in lieu of the Employer's contribution of PF, linked to the cost of living Index to protect the Pensioners from the ill-effects of INFLATION.

The farsightedness of the Leaders of these Unions has been proved unfailingly correct as the Dearness Relief which was 103.18%(over 600Points) in November 1993(at the time of signing the Settlement for Pension scheme) has gone up to 732.98% (as at February2013). (The Average Index has gone up from 1216 to 4976).

(Source: AICBRF General Secretary's Report)

M.Perumal

Canara BankPensioner

 

[C P V Nair]

It is a worthy document.TKU Perumalji, as usual

 

 

Warm reg

 

 

 

CPVNAIR

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.
To unsubscribe from this group and stop receiving emails from it, send an email to bankpensione...@googlegroups.com.
Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

[L S RAMAN]

Please compare the the figures with reference to the 2002 retirees to estimate the loss they are incurring compared to the counterparts drawing 100% D.A., inspite of the cost of living showing sevenfold increase so as to understand the seriousness of the issue.
RamanL.S.

--

[perumal maruthu]

Dear Mr Raman,

The AICBRF Conference held on 26th Feb at Bengaluru has passed the following Resolution on 100% DR:

100% D.R. NEUTRALISATION TO PRE 01-11-2002 RETIREES:

The industry level Pension Settlement signed on 29-10-1993 provides for

pattern similar to payment of dearness relief to RBI pensioners and RBI

implemented 100% neutralization of DA to its pensioners with effect from

01.02.2005. Despite voicing our demand for several years, the same did

not materialise. In this regard, t

his Conference of All India Canara Bank

Retirees’ Federation held at Bengaluru on 26.02.2013 congratulates all the

81 Petitioners who filed Writ Petitions in Madras High Court. The Conference

further welcomes the judgment dated 14.12.2012 delivered by Madras

High Court and appeals to the Bank to implement the order passed by the

Hon’ble Court for payment of dearness relief at 100% on entire basic pension

to Pre-01.11.2002 retirees with effect from 01.02.2005.

 

 

 Also, pl read the attached file on Monthly Loss on account of denial of 100%DR to the pre-1/11/2002 retired Pensioners.

M.Perumal

From: L S RAMAN <raman...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Wednesday, 6 March 2013 8:19 AM
Subject: Re: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013

Please compare the the figures with reference to the 2002 retirees to estimate the loss they are incurring compared to the counterparts drawing 100% D.A., inspite of the cost of living showing sevenfold increase so as to understand the seriousness of the issue.
RamanL.S.

On Tue, Mar 5, 2013 at 4:23 PM, perumal maruthu <perumal...@yahoo.co.in> wrote:

Dear Sirs,

 

Please find in the attached file details of DA-Index  for BankPensioners from the time of Pension Settlement (1993) till February2013.

It may be recalled that the Pro-Pension Unions in non-SBI Banks were demanding a Pension scheme, in lieu of the Employer's contribution of PF, linked to the cost of living Index to protect the Pensioners from the ill-effects of INFLATION.

The farsightedness of the Leaders of these Unions has been proved unfailingly correct as the Dearness Relief which was 103.18%(over 600Points) in November 1993(at the time of signing the Settlement for Pension scheme) has gone up to 732.98% (as at February2013). (The Average Index has gone up from 1216 to 4976).

(Source: AICBRF General Secretary's Report)

M.Perumal

Canara BankPensioner

 

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.

To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com.

Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

[Prasad C N]

Dear Mr.Raman,

Per Slab Dearness Allowance for Basic Pay of Rs.22,280/- (8th BPS) is Rs.40.10 and corresponding Basic Pay in 9th BPS is Rs.31,500/-.  Per Slab Dearness Allowance for Rs.31,500/- (9th BPS) is Rs.47.25.  Can we say difference of Rs.7.15 is also loss incurred by those who retired during 8th BPS ?

Mr.Raman, no retiree, past, present and future, would lose, if updation of pension takes place along with every BPS. Today, State and Central Government pensioners are getting substantial improvement, not because of 100% nutralisation, but because of updation and consequent improvements.  Additional Pension/DA at the age of 80, etc. are on account of Updation/improvement.

This would be possible, if and only if we focus on 'Updation', without insisting on 100% nutralisation.  I repeat, UPDATION INCLUDES 100% NUTRALISATION.  Please do not dilute.  

 

Thanks, a Million.

With regards,
Prasad C N

---

From: L S RAMAN <raman...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Wednesday, 6 March 2013 8:19 AM
Subject: Re: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013

[venkat rao]

Dear Friends,                   Mr.Prasad is right.If updation takes place it covers 100%D.A..We SBM pensioners got pension on 01/03/2013. Venkatrao.H SBM Mysore --- On Wed, 6/3/13, Prasad C N <cn_pr...@yahoo.com> wrote:

[venkat rao]

Dear Friends,                   The same leaders were responsible for lesser D.A. to pre2002 retirees and for non updation of pension despite being the largest  no  of comrades in their unions.Why one of our visioneries in the forum calculate the loss on account of non updation of pension from time to time since inception of pension in the banks. Venkatrao.H SBM Mysore

--- On Wed, 6/3/13, L S RAMAN <raman...@gmail.com> wrote:

From: L S RAMAN <raman...@gmail.com> Subject: Re: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013 To: bankpe...@googlegroups.com

[JSOMA SHEKARA]

When IBA introduced 100% DA during 2005 it should have been made applicable to all pensioners without discrimination.

The basic principle behind sanctioning DA is due to protect employees/retirees against high inflation. Inflation affects all irrespective of date of retirement. So there is no logical or legal base for refusing 100% DA to pre-2002 retirees. 

Further nobody has or never compared his pension to 8th or 9th BPS retirees. What we are demanding is apply 100% DA to whatever basic pension at present we are drawing and disburse arrears from 2005.

We agree with you that updation covers 100% DA. But justice will be done to pre-2002 retirees only if updation is implemented w.e.f 2005. If it is implemented from 01.11.2002 are not we loosing arrears any where between Rs.10000 to 3 Lakhs? Is it justified?

There has been arguments that since 100% DA  issue now pertains to only few pensioners out of pre-2002 retirees it need not be pursued, It is not fair. Does it mean that now following issues affects only a section of retirees it need not be insisted upon.

1. 5 years grace period(Except assoiciate and two other banks all banks have implemented it)

2. 50% Basic pension. Majority of retirees have got this facility from date of retirement except pre-2002 retirees.

3.Except few retirees all other have been given second pension option option.

Every pensioner should be given benefit that is legitimately due to him. IBA always adopt exclusion  policy. Can anybody guarantee that IBA will make updation applicable to all.

Let them introduce updation from 01.11.2012 and sanction    100 %DA arrears to pre 2002 retirees from 2005 -2012.

Then justice will be done to all. Otherwise there will no end to litigations.

jsomasekara

CB SVRS

[L S RAMAN]

Any amount of arguement woud not justify the injustice done  to the pre 2002 retirees whose basic pension was fixed at 41% apart from discriminatory D.A. formula. The Unions /Associations are unable to justify the injustice  excepting to say that they had to agree to such a formula for improving the salary revision of serving employees.Let them now  reverse the  injustice  by signing an agreement in favour of the pensioners by demanding  additional allocation of funds.
Rama L.S..

[rajkumarnegi]

from the pension Updation or 100% D.A. A pensioner who has worked in
the bank at some respectable post and was enjoying the perks given by
the bank, now is facing hardship. I shall be glad if some one give
here the details of expenditure while living in( 1) Metropolitan/ non
-metropolitan city (2)having house to live in and who is on rent
(without house) (3) family of five/six persons (4)self, wife,two
kids and one each of their kids , being head of the family how much
money (pension) is needed to run the family to maintain his respect in
the society. (5 ) Medical need (money) for V.R.S thanks.
Raj Kumar Negi

>> ------------------------------
>> *From:* L S RAMAN <raman...@gmail.com>
>> *To:* bankpe...@googlegroups.com
>> *Sent:* Wednesday, 6 March 2013 8:19 AM
>> *Subject:* Re: bankpensioner DA Index details for Pensioners from 1993

[Gopalakrishnan Ramachandran]

I am with Shri J Somashekara. We are not against pension updation. But this does not mean that we have to forgo the arrears from 01 05 2005. When RBI has been given 100%DA, why not other banks. Now that the matter is in court, let us wait for its outcome,unless the govt/IBA on their own rectify the mistake. First 100%DA, then updation. This will provide much needed succor to the pensioners, who are reeling under high price rise and cost of living.

G.Ramachandran
CB SVRS

hu, Mar 7, 2013 at 3:09 PM, JSOMA SHEKARA <jsomase...@gmail.com> wrote:

[PM]

Dear Friends,

                                                    Either 100% DA neutralisation to Pre Nov.2002 retirees or Updation of pension to all retirees irrespective of date of retirement has been sorted out by IBA/MOF/GOI,right now.

                                                    In the case of 100% DA neutralisation issue,a favourable court verdict dt.14.12.2012,in WP 50000/2006 of Chennai HC,directing the banks concerned to extend the benefits to all affected pensioners,is available right now.The process has to be completed within three months time,from date of receipt of copy of HC order.We have to wait and see the outcome.

                                                    Coming to talks with IBA on issues /demands pertaining to retirees/pensioners we have to wait till negotiation on Xth BPS/Joint notes which may takes place shortly.Retirees/Pensioners issues like Updation of Pension,100% DA neutralisation ,Pension option to all remaining categories,improvements in family pension,Uniform medical facilities etc are some of the major demands.UFBU has placed all these demands of retirees to IBA along with xth BPS on wage revision.

                                                    As we are aware, Retirees /Pensioners have any avenues for direct talks or discussion with IBA as of now. Under this back drop we have to wait for early settlements of xth BPS negotiations with IBA by UFBU.

                                                    Spreading unwarranted news such as approval of MOF for 100% DA issue and Updation of Pension etc are not in good taste or to the benefit of retirees.We should desist from such practice.

                                                  There are good number of issues,apart from major one,affecting pensioners which may vary from banks to banks.Discrimination on medical facilities,additional interest on deposits,Issue of identity cards etc are some of them which are restricted to pensioners(on superannuation) and denied to VRS pensioners. (Few Banks are exempt on these issues)Date of payment pension also varies.

                                                Certainly our focus in negotiations should be on major issues. We should have a broader perspective on issues confronting all of the retirees/pensioners. and focusing on some of the issues affecting smaller segments, rather than issues confronting of entire retirees/pensioners may not yield desired result. Every segment should be benefited by the settlement.

                                                Meantime let us also wish AIBRF will also have the opportunity this time to participate in negotiations with IBA along with UFBU to resolve retirees issues.

[SIKANDER GULATI]

Dear Friends,
Before sending any missive on this blog, please go through the wording of your text. I am referring to Mr. PM Mohan, whose first two line of the first para  suggest,  either DA neutralization 100%   or pension up dation  has been sorted out  by right now. What is it? Please  do not use confusing signals.
 As of now, nothing has been settled and any thing which is to be settled,  will come out of talks in 10th BPS. Nevertheless, some High Courts have  come out with favourable judgements concerning bank retirees, but these are not final verdicts and likely to be appealed or  already appealed.  Some are throwing  emotional tantrums  that the banks/IBA should be persuaded not to appeal.  Why?  Let them go to appeal. This is a legal process. Who is going to listen us by touching their feet that the banks/ IBA may not appeal?

 So friends, patience is the key to success. Wait and the Almighty is likely to favour us.
 Some persons are already  disseminating the valued information very correctly and they should be believed and followed. But the choice is yours. I can only appeal and request.
Have a good day.
Regards to everybody.

S.L.Gulati
Adv. & Tax Consultant
PNB-EVRS

[Gopalakrishnan Ramachandran]

The first para of Mr Mohan's letter should begin with "neither" and instead of "or" it should be "nor", as both the issues are not yet sorted out.
As rightly said by him, let us wait for the negotiations to start, and as stated if AIBRF is also included in the negotiating team, it would be the beginning of a new era for pensioners.
The coming period is crucial, as Banks will have to comply with the HC order and also the negotiations will get a kick start. 

G.Ramachandran
CB SVRS

[L S RAMAN]

Pre 2002 retirees are not against the demand for updation of pension, but it should not be at the cost of corrction of the discrimianation against  one class of pensioners just because they had to sacrifice their rights to get equal pension to facilitate better revision of  salary for thr serving employees as per 8 th bipartite agreement, found to be in violation of constitution, in the high courts of Karnataka and Madras.
Raman L.S.

On Fri, Mar 8, 2013 at 12:49 PM, PM <moha...@gmail.com> wrote:

[mohan p]

Dear Mr.Sikendar Gulati,

                                           Thank you for your mail.As all of us are aware both issues(100% DA neutralisation and Updation of Pension) are not yet sorted out.Missing the word"not" in first para of mail is an omission. Regret for the same. 

[sudershan pal]

Dear sh V Rao

If updation takes place, it covers 100% -- BUT FROM WHAT EFFECTIVE DATE ?
100% DA HAS BEEN EFFECTIVE FEB 2005 FOR ALL POST NOV-2002 PENSIONERS / WORKING STAFF ( SAME IN
RBI ALSO).

SUDERSHAN PAL

On Fri, 08 Mar 2013 23:22:29 +0530 wrote

>Dear Friends,
Mr.Prasad is right.If updation takes place it covers 100%D.A..We SBM pensioners got pension
on 01/03/2013.
Venkatrao.H
SBM Mysore

--- On Wed, 6/3/13, Prasad C N wrote:

From: Prasad C N
Subject: Re: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013
To: "bankpe...@googlegroups.com"
Date: Wednesday, 6 March, 2013, 10:29 PM

Dear
Mr.Raman,
Per Slab Dearness Allowance for Basic Pay of Rs.22,280/- (8th BPS) is Rs.40.10 and
corresponding Basic Pay in 9th BPS is Rs.31,500/-. Per Slab Dearness Allowance for Rs.31,500/-
(9th BPS) is Rs.47.25. Can we say difference of Rs.7.15 is also loss incurred by those who
retired during 8th BPS ?
Mr.Raman, no retiree,
past, present and future, would lose, if updation of pension takes place along with every
BPS. Today, State and Central Government pensioners are getting substantial improvement, not
because of 100% nutralisation, but because of updation and consequent improvements. Additional
Pension/DA at the age of 80, etc. are on account of Updation/improvement.
This would be possible, if and only if we focus on 'Updation', without insisting on 100%
nutralisation. I repeat, UPDATION INCLUDES 100% NUTRALISATION. Please do not dilute. Thanks, a
Million.

With regards,
Prasad C N

From: L S RAMAN

To: bankpe...@googlegroups.com
Sent: Wednesday, 6 March 2013 8:19 AM
Subject: Re: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013

Please compare the the figures with reference to the 2002 retirees
to estimate the loss they are incurring compared to the counterparts drawing 100% D.A.,
inspite of the cost of living showing sevenfold increase so as to understand the seriousness
of the issue.

RamanL.S.

On Tue, Mar 5, 2013 at 4:23 PM, perumal maruthu wrote:

Dear Sirs,Please find in the attached file details of DA-Index for BankPensioners from the

time of Pension Settlement (1993) till February2013.
It may be recalled that the Pro-Pension Unions in non-SBI Banks were demanding a Pension
scheme, in lieu of the Employer's contribution of PF, linked to the cost of living Index to

protect the Pensionersfrom the ill-effects of INFLATION.

The farsightedness of the Leaders of these Unions has been proved unfailingly correct as the
Dearness Relief which was 103.18%(over 600Points) in November 1993(at the time of signing the
Settlement for Pension scheme) has gone up to 732.98% (as at February2013). (The Average Index
has gone up from 1216 to 4976).
(Source:AICBRF General Secretary's

Report)M.PerumalCanara BankPensioner

Catch India as it happens with the Rediff News App. To download it for FREE, click here

[Prasad C N]

Dear Mr.Sikander Gulatiji,

I do agree with you 100%.

We still believe that updation does not include 100% nutralisation and demand for updation dilutes demand for 100% nutralisation.  In fact, it is other way round.  

It is true that AIBRF and other Organisations have also demanded 100% nutralisation.  I am sure that no organisation, whether UFBU Constituents or Retirees' Organisation would agree for 100% nutralisation in lieu of Updation of pension alongwith every settlement.  This would cover even 120% nutralisation also, if and when it is extended to working staff/officers.  Then, they have reason for demanding such a benefit.  Achieving updation becomes an uphill task, if we do not get now, as a very large number of employees are going to retire during next five years. Perhaps

number of such retirees may even exceed number of retirees at present.

But, some of us have concluded that 100% nutralisation would be extended only from 1.5.2005.  So far,  is no one instance, where such a benefit is extended retrospectively from 1.5.2005, through Settlements/Joint Note. It is pertinent to note that Pension in RBI was paid with effect from 1990, while, it was paid wef 1.11.1993 in Banks. Despite agreement by RBI Management, updation is not implemented in RBI.

Only Courts can get us benefit such retrospective date. But, despite SC Court Judgment, Pension is not updated in LIC. 

Joint Note of 1994 created anomaly in payment of Gratuity.  Three High Courts have ordered payment of this benefit.  Still SLPs are being filed and Review Petitions are being filed.  In five years case, SC has given Judgment.  Still, two PSBs and 7 ABs have not paid.  In ABs, payment has not been made violating 7th BPS provisions.

 

We need to think with a longer and wider vision.

Thanks, a Million.

With regards,
Prasad C N

---

From: SIKANDER GULATI <sikander...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Friday, 8 March 2013 1:40 PM
Subject: Fwd: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013

[L S RAMAN]

!00 % neutralisation and upgration are two different issues and are not to be discussed as one against the other.!00% neutralisation is an issue of discrimination against ins class of pensioners, while updation is request for improvment of the pension scheme for all pensioners to be decided at the discretion of GOI and PSBS in the absence of any compulsion on ac of court verdicts.
  Both are equally important and there fore pensioners need not choose any one against the other afffecting the unity among the pensioners.therefore it is necessary to purssue and resolve both the issues concurrently through legal and other persuasive means.
RamanL.S.

[Narendra Khutate]

I DO AGREE WITH SHRI RAMANI

NARENDRA KHUTATE

[M A Prasad]

Perfect statement - while all of us are fully for updation and 100% D A neutralisation, for pre2002 retirees, DA neutralisation is very urgent and importation (being an anamoly inserted by IBA and Unions thereon).  

M A Prasad
Mob: +91 75985 12516

Res: F12, Sri Karpagavruksham Apartments

        Subramaniapuram Road, Seshadripuram

        Srirangam, Trichy 620006

[perumal maruthu]

Dear Mr.Prasad,

Till 2005, all had only tapered DA. RBIpensioners got it in 2010-11. In Lic,inspite of a HC verdict, 100% is still elusive.

Let us expect to get it soon in the 10th BPS! We have also a HC verdict in favour of 100%

M.Perumal

From: M A Prasad <pras...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Monday, 11 March 2013 10:40 AM
Subject: Re: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013

Perfect statement - while all of us are fully for updation and 100% D A neutralisation, for pre2002 retirees, DA neutralisation is very urgent and importation (being an anamoly inserted by IBA and Unions thereon).  

On 10 March 2013 13:25, L S RAMAN <raman...@gmail.com> wrote:

!00 % neutralisation and upgration are two different issues and are not to be discussed as one against the other.!00% neutralisation is an issue of discrimination against ins class of pensioners, while updation is request for improvment of the pension scheme for all pensioners to be decided at the discretion of GOI and PSBS in the absence of any compulsion on ac of court verdicts.
  Both are equally important and there fore pensioners need not choose any one against the other afffecting the unity among the pensioners.therefore it is necessary to purssue and resolve both the issues concurrently through legal and other persuasive means.
RamanL.S.

On Sat, Mar 9, 2013 at 10:21 PM, Prasad C N <cn_pr...@yahoo.com> wrote:

Dear Mr.Sikander Gulatiji,

I do agree with you 100%.

We still believe that updation does not include 100% nutralisation and demand for updation dilutes demand for 100% nutralisation.  In fact, it is other way round.  

It is true that AIBRF and other Organisations have also demanded 100% nutralisation.  I am sure that no organisation, whether UFBU Constituents or Retirees' Organisation would agree for 100% nutralisation in lieu of Updation of pension alongwith every settlement.  This would cover even 120% nutralisation also, if and when it is extended to working staff/officers.  Then, they have reason for demanding such a benefit.  Achieving updation becomes an uphill task, if we do not get now, as a very large number of employees are going to retire during next five years. Perhaps

number of such retirees may even exceed number of retirees at present.

But, some of us have concluded that 100% nutralisation would be extended only from 1.5.2005.  So far,  is no one instance, where such a benefit is extended retrospectively from 1.5.2005, through Settlements/Joint Note. It is pertinent to note that Pension in RBI was paid with effect from 1990, while, it was paid wef 1.11.1993 in Banks. Despite agreement by RBI Management, updation is not implemented in RBI.

Only Courts can get us benefit such retrospective date. But, despite SC Court Judgment, Pension is not updated in LIC. 

Joint Note of 1994 created anomaly in payment of Gratuity.  Three High Courts have ordered payment of this benefit.  Still SLPs are being filed and Review Petitions are being filed.  In five years case, SC has given Judgment.  Still, two PSBs and 7 ABs have not paid.  In ABs, payment has not been made violating 7th BPS provisions.

 

We need to think with a longer and wider vision.

Thanks, a Million.

With regards,
Prasad C N

To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com.

Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.

To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com.

Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.

To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com.

Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.

To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com.

Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

--

M A Prasad
Mob: +91 75985 12516

Res: F12, Sri Karpagavruksham Apartments

        Subramaniapuram Road, Seshadripuram

        Srirangam, Trichy 620006

[real banker]

Friends,

The FACT is that when RBI has also accepted Non payment of 100% DA Neut as ANOMOLY & paid 100% DA (initially vide its Circular No. HRDD No 10139/21-01/2007-08 dt 01.04.2008, wef from Mar2008 & then from Feb2005 to Feb2008, vide its Circular No. CO HRDD No.6223/21 dated 01.09.2010) to its Post 2002 retirees, INDEPENDENT of their PENSION UPDATION DEMEND, 

where is the doubt that this is just a DISCRIMINARION with the pre-2002 bank pensioners. However, since it does not affect all retirees, but only a section of retirees namely Pre-2002 pensioners, the impact is more felt/ highlighted mainly by those sufferers only & a few others cover up by saying that updation covers 100% DA. 

I have always maintained that the issue is necessarily to be deemed as a RESIDUAL ISSUE of the BPS-8/9 and it should not be taken as a demand under BPS-X.

Clearly, 100% DA has nothing to do with the pension UPDATION demand  which (as rightly put by Sh Raman) may be taken up as a request for improvement of pension scheme in the BPS (& may not be discussed as one against the other) .

? Regards

Sudershan Pal
REAL BANKER

[ravi jain]

Sir,
i agree that both issues are different but 100% case will be decided at court level  only by retiree's case whereas the updation case though can be decided at court level  but it is 100 times much better if decided at union level in this settlement.
Be  Happy
Ravi jain (PSB)

[atamjit singh]

Dear Sir,

If any of the member has Draft of letter to be submitted to CMD of the
bank for realising benefit of Madras High Court Judgement, Please
forward me and oblige.

regards

Atam Jit Singh, VRS , Punjab & Sind Bank

[JSOMA SHEKARA]

I fully agree that Pension updation covers 100% DA. If Pension Updation is implemented from 01.11.2012, we all get 100% DA also from that date. 

But when employees retired after 01.11.2002 and all serving employees and RBI employees/retirees everybody enjoying 100% DA from 2005 why should employees retired prior to 2002 have been asked again and again in this forum to sacrifice arrears without giving genuine reasons. 

In spite of decisive court verdicts by KHC reg 5 years arrears and 50% Basic pension and by MHC reg 100% DA UFBU is silent on this issue. It was the duty of UFBU to take up these cases exclusively with IBA before appeal was filed.

We have been told that 100% DA now pertains very few among pre-2002 retirees. Then cost of 100% DA must be negligible. 

When IBA and Govt not ready to concede this low cost benefit even after 8 years where is the guarantee that they will not discriminate this group again in X BPS. 

I have to mention here that UFBU has included both 100% DA and Updation demands. But can banks  at the same time file appeal in courts against judgment and enter into agreement with unions before appeal is disposed off. This can be contempt of court. Are unions not aware of this? 

[Prasad C N]

Dear Mr.Sudarshan Pal,

You have stated that 

Clearly, 100% DA has nothing to do with the pension UPDATION demand  which (as rightly put by Sh Raman) may be taken up as a request for improvement of pension scheme in the BPS (& may not be discussed as one against the other) .

I request you to please advise us how 'Updation' of pension takes place or what is updation of pension.  And also how pension is updated in Central Government.  Please let us be enlightened whether 100% nutralisation benefit was also extended while updating Central Government Pension.

 

Thanks, a Million.

With regards,
Prasad C N

---

From: real banker <spal...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Monday, 11 March 2013 11:11 PM

[Prasad C N]

Dear friends,

I request each one of you to find out what would be Family Pension payable to spouse of each one you.  They should also know how they would get.

Further, please calculate what would be benefit, if 100% nutralisation is extended.

 

Thanks, a Million.

With regards,
Prasad C N

From: real banker <spal...@gmail.com>
To: bankpe...@googlegroups.com

Sent: Monday, 11 March 2013 11:11 PM

[Mohandas Rao]

Dear Sri Prasad/Friends,

             Here is a sample calculation of my own pension (VR 2001).

             My present basic pension is Rs.7,707/- (For 32 years of service of a basic salary of Rs.15,895/- of a Deputy Manager).  The present DA slab is 823 from February 2013. Particulars of my regular pension and family pension are as under:

Particulars	For Regular pension with Present DA formula	For Regular pension with 100% DA	For family pension (15% of 15,895) with present DA formula	For family pension with 100% DA
Basic Pension	7,707	7,707	2,385	2,385
DA	11,662	15,223	4,711	4,711
Gross Pension	19,369	22,930	7,096	7,096

 

            If 100% DA neutralization is done, my pension will increase by Rs.3,561/-, whereas my spouse will not get anything more.  Whereas, if updating of pension is done, both my regular pension and family pension will increase substantially.

          This clearly indicates that 100% DA neutralization will not benefit family pensioners.  Updating alone will improve both the regular pension as well as family pension.  I hope the same inference will be arrived by the worked examples of other VR retirees of 2000-01.

K. MOHANDAS RAO. SBM – VR 2001

[L S RAMAN]

    It is clearly a residual issue arising out of the injustice caused to one section of pensioners on ac of the 8th bipartite agreement and the parties to the questionable agreement  have  the responsibility to correct the discrimination/anomaly / injustice caused as per the relevant judgements of the Hon High /Supreme Courts and irrespective of the amount involved injustice done to a group of pensioners behind their back has to be corrected.The issue is very simple and does not involve any contravercy since the position of law is clearly spelt ot in the verdict  of ther Hon Supreme Court  in the recent  in the appeal regarding T.N. retd officers association vs Govt of T.N.

[ANIL KELKAR]

Dear Atmajit Singh........

 

I am forwarding herewith draft copy of the letter to be addressed to CMD. If you are retired before 2002 then only this draft is applicable.

 

Kelkar

> email to bankpensioner+unsub...@googlegroups.com.

> Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
> For more options, visit https://groups.google.com/groups/opt_out.
>
>
>
>
> --
> Visit our blog site http:://bankpensioner.blogspot.com
> ---
> You received this message because you are subscribed to the Google Groups
> "bankpensioner" group.
> To unsubscribe from this group and stop receiving emails from it, send an

> email to bankpensioner+unsub...@googlegroups.com.

> Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
> For more options, visit https://groups.google.com/groups/opt_out.
>
>
>
>
> --
> Visit our blog site http:://bankpensioner.blogspot.com
> ---
> You received this message because you are subscribed to the Google Groups
> "bankpensioner" group.
> To unsubscribe from this group and stop receiving emails from it, send an

> email to bankpensioner+unsub...@googlegroups.com.

> Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
> For more options, visit https://groups.google.com/groups/opt_out.
>
>

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.

To unsubscribe from this group and stop receiving emails from it, send an email to bankpensioner+unsub...@googlegroups.com.

[perumal maruthu]

Thank you sir for enlightening on "Family Pension" and the need for improvements in Basic Pension by way of Updation and Upgradation Vis a vis 100%DA!

M.Perumal

With regards,Prasad C N

With regards,Prasad C N

From: SIKANDER GULATI <sikander...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Friday, 8 March 2013 1:40 PM
Subject: Fwd: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013

Dear Friends,
Before sending any missive on this blog, please go through the wording of your text. I am referring to Mr. PM Mohan, whose first two line of the first para  suggest,  either DA neutralization 100%   or pension up dation  has been sorted out  by right now. What is it? Please  do not use confusing signals.
 As of now, nothing has been settled and any thing which is to be settled,  will come out of talks in 10th BPS. Nevertheless, some High Courts have  come out with favourable judgements concerning bank retirees, but these are not final verdicts and likely to be appealed or  already appealed.  Some are throwing  emotional tantrums  that the banks/IBA should be persuaded not to appeal.  Why?  Let them go to appeal. This is a legal process. Who is going to listen us by touching their feet that the banks/ IBA may not appeal?

 So friends, patience is the key to success. Wait and the Almighty is likely to favour us.
 Some persons are already  disseminating the valued information very correctly and they should be believed and followed. But the choice is yours. I can only appeal and request.
Have a good day.
Regards to everybody.

S.L.Gulati
Adv. & Tax Consultant
PNB-EVRS

---------- Forwarded message ----------From: PM <moha...@gmail.com> Date: Fri, Mar 8, 2013 at 12:49 PMSubject: Re: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013To: bankpe...@googlegroups.com

With regards,Prasad C N

To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com.

Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

-- Visit our blog site http:://bankpensioner.blogspot.com --- You received this message because you are subscribed to the Google Groups "bankpensioner" group. To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com. Visit this group at http://groups.google.com/group/bankpensioner?hl=und. For more options, visit https://groups.google.com/groups/opt_out.    

-- Visit our blog site http:://bankpensioner.blogspot.com --- You received this message because you are subscribed to the Google Groups "bankpensioner" group. To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com. Visit this group at http://groups.google.com/group/bankpensioner?hl=und. For more options, visit https://groups.google.com/groups/opt_out.    

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.

To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com.

Visit this group at http://groups.google.com/group/bankpensioner?hl=und.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

--

M A PrasadMob: +91 75985 12516

Res: F12, Sri Karpagavruksham Apartments

        Subramaniapuram Road, Seshadripuram

        Srirangam, Trichy 620006

-- Visit our blog site http:://bankpensioner.blogspot.com --- You received this message because you are subscribed to the Google Groups "bankpensioner" group. To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com. Visit this group at http://groups.google.com/group/bankpensioner?hl=und. For more options, visit https://groups.google.com/groups/opt_out.    

--

-- Visit our blog site http:://bankpensioner.blogspot.com --- You received this message because you are subscribed to the Google Groups "bankpensioner" group. To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com. Visit this group at http://groups.google.com/group/bankpensioner?hl=und. For more options, visit https://groups.google.com/groups/opt_out.    

-- Visit our blog site http:://bankpensioner.blogspot.com --- You received this message because you are subscribed to the Google Groups "bankpensioner" group. To unsubscribe from this group and stop receiving emails from it, send an email to mailto:bankpensioner%2Bunsu...@googlegroups.com. Visit this group at http://groups.google.com/group/bankpensioner?hl=und. For more options, visit https://groups.google.com/groups/opt_out.    

[C P V Nair]

Kudos to Prasadji for highlighting another cardinal issue!TKS a lot to Shri Raoji for quick response.

 

Now, let me come to the ground reality.I have not so much of savings left with me as of now.My BP is 6991.So the family pension in my case would be around Rs 6000.My spouse is only a homemaker -no income earned by her by way of pension/salary etc.This clearly means that she may have to survive with Rs 6000 if the situation WARRANTS.As Raoji correctly maintains, the 100% DA neutralisation may not benefit the family pension as it is in the first slab-less than Rs 3550.

Friends, let us have adequate interaction on this issue, by putting forward frank reactions- let us not under/over estimate the realities.All do not stand alike in respect of financial/social backgrounds and hence this request.

 

Bring in more such burning issues dear Prasadji/Raoji, for healthy debates/interactions.

 

 

warm reg

 

 

 

CPVNAIR

[real banker]

Dear sh Prasad,

As I have no disagreement with you on the issue of pension Updation, I restrain from going into any discussion on the matter. Moreover, I can not dare to reply to a query seeking my understanding re updation of pension etc - I am an ordinary member of the organisation and content with the limited but in my own way sufficient knowledge about the subject - these I have already informed you, even thru' my personal had been letter to you also.

However, the issue comes up again & again because of perception on 100% DA - I, as also many other forum members, had been sharing our views / concerns on this forum, re 100% DA & I believe, our perception is strengthened  by the following FACTs :

  -  Even RBI acknowledging this as an ANOMOLY/DISCRIMINATION as a result of which only the RBI pre-2002 pensioners have been allowed the payment (with arrears which is CRUX ofthe problem for Pre-2002 retirees). 

       In fact, BASED ON this RBI Decision, sh SCJain, Gen Sec, AIBRF has, on 07 04 2012, written to Sh Gurudas Dasgupta under the reference  - "Abolition of Discriminatory Dearness Relief" . 

 - The recent judgements also speak well about the DISCRIMINATION in the matter of DA .

? Regards

Sudershan Pal
REAL BANKER

[Prasad C N]

Dear friends,

I am eagerly awaiting information.  It is a gentle reminder.

 

Thanks, a Million.

With regards,
Prasad C N

---

From: Prasad C N <cn_pr...@yahoo.com>
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Sent: Tuesday, 12 March 2013 10:14 PM

[Prasad C N]

DearShri Rao and friends,

In addition, there is a ceiling also.  It is Rs.3,378/- .

 

Thanks, a Million.

With regards,
Prasad C N

From: Mohandas Rao <mohand...@gmail.com>
To: bankpe...@googlegroups.com

Sent: Wednesday, 13 March 2013 9:59 AM

[saradindu basu]

Dear Shri Rao,
                     Please accept my sincere thanks for providing valuable information regarding family pension. Frankly speaking, I had many doubts about family pension quantum which my wife will get when I will be no more in this world. Moreover, I have realised that updation of pension will benifit me and my wife in the long run.
                     I repeat my thanks.
 
--Saradindu Basu,
  Greater Noida.
 

---

Date: Wed, 13 Mar 2013 09:59:37 +0530

Subject: Re: bankpensioner DA Index details for Pensioners from 1993 till Feb 2013

From: mohand...@gmail.com
To: bankpe...@googlegroups.com

[perumal maruthu]

Dear Sri Anil Kelkar,

Thank you for the draft copy to be addressed to the CMDs!

The purpose of requesting all the pre-1/11/2002 retired pensioners, was to entreat the CMDs of Banks  not to go for Appeal against the MHC verdict dt 14/12/2012 in the case WP50000/2006 filed by Sri A B Kasturirangan(Secretary,Canara Bank Retirees' Forum Chennai, affiliated to Aicbrf/AIBRF) against Canara Bank.

Now one of the Banks viz Indian Overseas Bank (against which WP3198/2007           filed by Sri C R Chandrasekar ,member IOBRetiree' Forum affiliated to AIBRF) has filed a Writ Appeal 355/2013 listed for hearing on 25/3/13 against th MHC verdict.

 

As the Banks have taken the decision not to implement the MHC verdict, it may not serve any purpose hereafter to continue to send the above Appeal to one' Bank. 

 

I take this opportunity to THANK all those pre-1/11/2002 Pensioners who instantly and overwhelmingly responded in sending their Appeal to the respective Banks' CMDs.

With  kind regards!

M.Perumal

Canara Bank Pensioner

Chennai

 

To unsubscribe from this group and stop receiving emails from it, send an email to bankpensione...@googlegroups.com.

[JSOMA SHEKARA]

Mr.Perumal sir is right. I had also submitted memorandum to CMD of Canara Bank. However now it does not serve any purpose.

Somehow I have the feeling that had UFBU taken up the case with IBA seriously before appeal is filed some positive development would have come. However now only option is to wait for MHC verdict.