Many of your fellow brothers and sisters, from different banks are yet to receive justice. The following would need to be looked into for solution :-
1) There are many resignees right from 1.1.1986, with the qualifying completed service period, still denied pension.
2) In December, 2013, 22 Vijaya Bank resignees got verdict from the Supreme Court against the Vijaya Bank directing that Bank's management to pay pension.
Yet, IBA do not recognise this as a complete and valid judgement, to apply to all the other banks, and as a result, resignees are left in the lurch.
3) A pre-1995 resignee from Andhra Bank, Shri Venkateswara Rao got a favourable judgement from the Andhra Bank High Court for payment of pension, but this
is challenged in the Supreme Court by that Bank, and the pension is still unpaid.
4) Now recently, Supreme Court has directed the concerned bank to pay pension to the CRS employee with the qualifying period of service.
5) IBA and the banks, have made it a general practice, to file review petititions and WAs before the Apex Court (Supreme Court) against all the favourable
High Court judgements for payment of pension, notably in Kerala, Karnataka and Andhra.
6) Banks framed OSR - rules: 19 and 19(1) and others after the Pension Regulations, 1995, creating deliberately divisions between VRS and Resignees,
particularly, with regard to pre-1995 and post-1995 bankers.
7) There is another case before the Allahabad High Court, pending to be listed, against IBA and GOI (DOFS) filed by one Shri Som Srivastava on behalf of all
the resignees. Yet to see the light of the day.
8) A Special Bench has been constituted in the Supreme Court to hear and dispose of all the pension cases of the Resignees.
9) Article:141 of the Indian Constitution states that no person can be denied pension who has completed the qualifying period of service in institutions where
pensions are paid.
10) Almost three months have passed, since your post, and I am writing this to you.
Can all the left-over people, pre as well as 1995 resignees hope to get justice and see pension in their lifetime. Most of the fellow bankers are around 65 years of age.
Hope before the Dussera OR Diwali of 2016 this happens. Please post me with the developments.
Thanks and regards,
S. Balasubramanian.