OPTION ON PENSION TO RESIGNEES- AIBOA TO IBA -SHOULD BE WEF NOV2009

[MOHAN P]

Option extended to Resigned workforce – 9th Joint Note on  Officers’ Wage revision. – Effective date should be from 27th  November 2009. 

[Harish Midha]

Respected Mohan Sir, Good day !

Seeking your expert guidance on the following against Gazette Notification No 9 dated 01.03.2003 which  I have been given to understand is on "

AMMENDMENT TO BANK EMPLOYEES REGULATION OF 1995."

As per point 2 of clause 3 on AMMENDMENT in Appendix 1 which says

" for employees who retired on or after 1.11.93 but before the date of coming into force of these regulation "( which is 1.3.2003)

The revised basic pay = Basic pay ×1.1017.

This development has come to my notice only a couple of days back.

I have been drawing pension wef September 1994 and the bank has so far not given effect to the above provisions  as my Basic pay even today is the same as it was as on Sept 1994.

Kindly advise if the above provisions are applicable in my case and I may approach the bank requesting for the difference.

Also shall highly appreciate if I can have a copy of the said Gazette Notification no 9 of 1.3.2003 as above.

I shall be highly thankful to receive a word of advice from you Sir.

You may choose to e mail me on my id if you feel so.

Warm regards.

H K Midha

Harish...@gmail.com

9871587700

On Sat, 25 Jul, 2026, 11:11 MOHAN P, <moha...@gmail.com> wrote:

Option extended to Resigned workforce – 9th Joint Note on  Officers’ Wage revision. – Effective date should be from 27th  November 2009. 

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[MOHAN P]

Dear Harish Midha Ji,

As per BEPR,1995, the clause  is found as follows:

“2. The formula for updating basic pension in respect of workmen who have retired on

or after the 1st day of November, 1992 but before the 1st day of September, 1993

and in respect of officers who have retired on or after the 1st day of July, 1993 but

before the 1st of May, 1994 shall be as under:”

I do not have a copy of Gazette referred right now to refer ,if any changes made as you have mentioned.

Regards

Mohan.P

 

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[Harish Midha]

Thanks Sir. I think the info that was given to me was erroneous . Let us see if we are able to lay our hands on the original copy of Gazette .

Thanks and warm regards

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[Ravi Kumar]

Sir

I received this copy of gazette in a group.

But when the tried to get the copy from the gazette portal, I got a message that no such gazette published on 30th November 2002.

Ravi

To the well-organized mind, death is but the next great adventure - J.K. Rowling 

On Mon, 27 Jul 2026, 19:04 Ravi Kumar, <ravikr....@gmail.com> wrote:

Sir copy of gazette notification regarding amendment of bank pension regulations is attached for your reference.

Regards

Ravi

To the well-organized mind, death is but the next great adventure - J.K. Rowling 

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[Ravi Kumar]

Sir copy of gazette notification regarding amendment of bank pension regulations is attached for your reference.

Regards

Ravi

To the well-organized mind, death is but the next great adventure - J.K. Rowling 

On Mon, 27 Jul 2026, 15:57 Harish Midha, <harish...@gmail.com> wrote:

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