Syndicate Bank

[satyendra]

Dear all,

It appears that the Syndicate Bank has not yet commenced the payment
of pension arrears. As no person has put a positive comment on this
page as to he or his closely known ex-employee has received the
pension arrears.

Please share the information if somebody is having same with regard to
payments.

Thanks.

[Perumal Velayudhan]

hi,

i too confirm non receipt of any communication/arrears/pension

vmperumal

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[sham kalra]

Dear Sir

 

Syndicate Head office has asked for last 10 months salary details from Patiala branch where I was working at the time of taking VRS,But branch is not having details of the above salary as premises was shifted and they are not able to trace the details.That may be the reason for delay in some cases

 

Thanks

 

Sham Kalra

 

9316430630

[satyendra]

Dear all,

What happened with Syndicate Bank. No news with regard to payment of
arrears of pension. Now it is more than a week after the last date of
payment.

Please share the information if any person or his friend has received
any information in this regard.

Thanks.

[Narayan T Hegde]

Dear Sir,
you may furnish the particulars from the records available with
you,to the branch,which can inturn,forward it to H O .
NT Hegde.
On Wed, 22 Dec 2010 11:58:53 +0530 wrote

>Dear Sir
 
Syndicate Head office has asked for last 10 months salary details from
Patiala branch where I was working at the time of taking VRS,But branch
is not having details of the above salary as premises was shifted and
they are not able to trace the details.That may be the reason for delay
in some cases

 
Thanks
 
Sham Kalra
 
9316430630


On Mon, Dec 20, 2010 at 4:42 PM, Perumal Velayudhan

wrote:

hi,


i too confirm non receipt of any communication/arrears/pension
vmperumal





On Mon, Dec 20, 2010 at 12:58 PM, satyendra

[Perumal Velayudhan]

hi

yes , will share information on receipt of any communication in this regard.

All are eagerly awaiting the release of pension and PPOs

vmperumal

[satyendra]

Dear all,

It appears that the pension arrears will be available now after 27 th
of this month, if so. Since 25th and 26th are holidays.

Hope so.

Thanks.

[Dr.dhananjaya Bhupathi]

dear shri narayan t.hegdeji,

good evening. kindly, contact our corporate/head office either over phone or in person through local SBRA members about probable date of dispatch or date of receipt by members, in respect of PPOs and arrears of pension.

I shall be joining as life member and please keep me informed as to how much should I remit with full details.With sufficient infra-structure @ Ur disposal, I am sure that U r approaching each and every retiree to join to strengthen Ur hands for rendering yeomen's service.

I am sure with Ur vision and far sightedness, U r in regular touch with noble hearts, Ms.CN Venugopal, Bajranglal Choudhary and other highly enlightened visionaries. If U can send 5 admission forms [hard copies], I shall get U new members.

God bless U with good health and all Ur family members with every good luck, for Ur service minded approach even after retirement.

Urs sincerely,

Dr.Dhananjaya Bhupathi,

Manager [Retired],

12-7-176, I floor,

Ramannapet,

WARANGAL-506002.A.P.

0870-2432437, 09849367207

ps.please, mention sbra webite in each and every letter U address to this wonderful group.Thank to Google group. 

---

From: Narayan T Hegde <nth...@rediffmail.com>
To: bankpe...@googlegroups.com
Sent: Thu, 23 December, 2010 1:19:10 PM
Subject: Re: Re: bankpensioner Syndicate Bank

[varadaraj pai]

Dear Friends

It is informed that Syndicate Bank has started paying arrears on first come first serve basis. Here in Mangalore some of the retires already received arrears.

B V Pai

On Thu, Dec 23, 2010 at 11:00 AM, satyendra <aa2...@rediffmail.com> wrote:

[Narayan T Hegde]

Dear All,
Syndicate Bank has commenced releasing pension arrears from
15/12/2010 itself.It is learnt that their target is to complete the
process before 31/01/2011,notwithstanding that in all 8 persons are put
on the job.You can imagine the speed with which the work is going on.
N T Hegde.
On Thu, 23 Dec 2010 17:28:44 +0530 wrote

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[satyendra]

Dear all,

With the new information with regard to payment of pension arrears in
Syndicate Bank a new date has reflected i.e. 31.01.2011(as a targeted
dead line) means a hammer attack on the retirees who were expecting
the arrears by 31.12.2010.

I understand that in northern region the demand letters were received
very late (after 03.12.2010) and hence the payments were also late. It
means that in these areas the arrears will be available only after 15
th Jan 2011, as a new year gift.

Thanks and keep informing.

[Perumal Velayudhan]

Kind attn Mr. N.T. Hegde

thanks for the information. Let us hope that , at least in case of those who have remitted early, the pension be released, instead of waiting for the entire lot of applications and then start processing, in which case, again there will be delay.

I do hope that the retirees associaions, proposed retirees association take up the matter early.

vmperumal

[Perumal Velayudhan]

Dear Mr.N.T. Hegde,

I have just now sent one mail seeking your attention in the delay expected delat in disbursal of pension. From this email , i understand that , you have already started follow up.

Thanks for initiative. Kindly persue for earler disbursal for atleast those, who have remitted before 15th dec 2010.Delay in receipt of forms in northern region is not an excuse for delay in disbursal of pension

vmperumal

[sham kalra]

In response to my letter regarding pension arrears in Syndicate Bank HO SWD has sent me the following reply

 

omStaff Welfare Divn <ho...@syndicatebank.co.in>
reply-...@syndicatebank.co.in

tosha...@sify.com

dateSun, Dec 26, 2010 at 12:05 PM
subjectRe: Fwd: PENSION OPTION

hide details 12:05 PM (19 hours ago)

Dear sir,
Pension calculation is in progress and you will hear from the branch soon.
HO SWD

[satyendra]

Dear all,

Any news from syndicate bank with regard to payment of pension
arrears.

It appears that the staff shortage is the only problem in all the
banks as management is least bothered for a speedy disposal of the
cases. In such a situation with the meager staff availability only
50-60 cases are being settled in a day.

Hence we may expect the arrears by the end of the Jan-2011 and regular
pension from 01.02.2011 pertaing to the month of Jan 2011.

These are my calculations and this may please not be treated as a
news.

Thanks.

[PM]

Dear Mr.satyendra,
Your bank has started payment of Pension.

[satyendra]

Dear J K Sharma ji,

You are lucky enough that you have received your pension arrears.
I have paid the demand on 04.12.2010 and still no information with
regard to pension arrars.

I have contacted with many of my friends in Rajasthan and they have
also not received the arrears.Please inform if any other person, known
to you, have received the arrears.

Hope we will get the same soon.

thanks

[Perumal Velayudhan]

hi

take consolation. Myself and many others too are yet to receive the arrears.

Let us hope that New Year 2011 will be a great year for us, since we will receive pension in 2011 ,for others who got in 2010 their great year is over , since they have received the pension in 2010 itself!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

vmperumal

[JK K]

Dear Satyendra ji
     Thank you for writing to me on the matter . I have mentioned in my mail about one of my friends getting the TT of Pension arrears alongwith me. He is none other than Mr. N.K.Goel , AGM (Retd.) . We both are residing in Vaishali , Ghaziabad , and got our arrears through Vaishali Branch , Ghaziabad .
 Another friend Mr U. N. Srivastav, AGM(Retd.) has not yet received the arrears. He is also having a/c with Vaishali Branch.
Some of my friends who are in Delhi have also NOT yet received the arrears and every passing day is testing their patience.
 Anyway , it is a matter of a day or two that good news will be there and this agony will be over .
I may also add here that I had remitted the demanded amount on 3rd Dec. 2010.

Wishing you and all your family members a very Happy and Prosperous New Year .
With warm regards

J.K.Sharma

---

From: satyendra <aa2...@rediffmail.com>
To: bankpensioner <bankpe...@googlegroups.com>
Sent: Thu, December 30, 2010 12:40:23 PM
Subject: bankpensioner Syndicate Bank

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[aa s b]

Dear J K Sharma ji,

Thanks for reply and wishing a very happy and prosperous happy new year to you and your family.

Regards

Satyendra Bansal,
(Ex Branch Manager-Kota branch)
77, Vivek Vihar, New Sanganer Road,
Sodala, Jaipur (PIN-302019)
Mobile: 9413971245

Life is uncertain-Start savings

On Thu, 30 Dec 2010 22:26:21 +0530 JK K wrote

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>

[satyendra]

Dear all,

I have received my arrears of pension amounting to Rs 164238/- today
on 04.01.2011. The same was received by the branch on 03.01.2011 but
due to non availability of account number on the TT it was pending
with the branch.

All are advised to contact the branch as TT's are being sent by HO/SWD
mentioning name only and no account is mentioned.

Thanks to beloved leaders for this kindness and fight to achieve the 2
nd option to many of the retirees who were needed the pension now.

regards.

Satyendra Bansal
Ex Branch Manager
Syndicate Bank
Kota (Raj.)
R/O Jaipur

[JK K]

Dear Satyendra Ji
      I was waiting for this news from you everyday.
Congratulations. I am really very happy to see your mail'
With regards

J.K.Sharma

---

From: satyendra <aa2...@rediffmail.com>
To: bankpensioner <bankpe...@googlegroups.com>

Sent: Tue, January 4, 2011 4:20:24 PM
Subject: bankpensioner Syndicate Bank

[aa s b]

Dear J K Sharma ji,

This so nice to see your mail. I am very much thankful to you to have keen interest in my pension settlement.
Please be in touch and have your valuable advises in future also.
Regards.
Satyendra Bansal
Jaipur
Mob: 09413971245

On Thu, 06 Jan 2011 15:45:30 , JK K <jksha...@yahoo.com> wrote

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[satyendra]

Dear all,

Please share the information with regard to receipt of PPO and
calculation sheets from HO/SWD.

As I have received my arrears on 04.01.2011 but so far I have not
received the calculation sheets and PPO.

Hence I request to inform as how delayed these are being received
after receipt of pension arrears.

Thanks.

[Perumal Velayudhan]

Hi,

I too got the pension arrears on 3rd jan 2011 , but is yet to receive the PPO and calculation sheets. When i contacted HO SWD, on 4th jan,  i was informed that they are sending the PPOs and was asked to wait for few more days.

vmperumal

[simha]

I have been informed by our br (syndicate bank)that pension arrears
have been received from HO but will be credited only after receipt of
papers from HO.what is the recourse.

On Jan 7, 6:04 pm, Perumal Velayudhan <vmperu...@gmail.com> wrote:
> Hi,
>
> I too got the pension arrears on 3rd jan 2011 , but is yet to receive the
> PPO and calculation sheets. When i contacted HO SWD, on 4th jan,  i was
> informed that they are sending the PPOs and was asked to wait for few more
> days.

> vmperumalOn Fri, Jan 7, 2011 at 11:23 AM, satyendra <aa2...@rediffmail.com> wrote:
> > Dear all,
>
> > Please share the information with regard to receipt of PPO and
> > calculation sheets from HO/SWD.
>
> > As I have received my arrears on 04.01.2011 but so far I have not
> > received the calculation sheets and PPO.
>
> > Hence I request to inform as how delayed these are being received
> > after receipt of pension arrears.
>
> > Thanks.
>
> > --
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> > "bankpensioner" group.
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> > bankpensione...@googlegroups.com<bankpensioner%2Bunsu...@googlegroups.com>
> > .

[simha]

I have been informed by our br (syndicate bank)that pension arrears
have been received from HO but will be credited only after receipt of
papers from HO.what is the recourse.

On Jan 7, 6:04 pm, Perumal Velayudhan <vmperu...@gmail.com> wrote:

> Hi,
>
> I too got the pension arrears on 3rd jan 2011 , but is yet to receive the
> PPO and calculation sheets. When i contacted HO SWD, on 4th jan,  i was
> informed that they are sending the PPOs and was asked to wait for few more
> days.

> vmperumalOn Fri, Jan 7, 2011 at 11:23 AM, satyendra <aa2...@rediffmail.com> wrote:
> > Dear all,
>
> > Please share the information with regard to receipt of PPO and
> > calculation sheets from HO/SWD.
>
> > As I have received my arrears on 04.01.2011 but so far I have not
> > received the calculation sheets and PPO.
>
> > Hence I request to inform as how delayed these are being received
> > after receipt of pension arrears.
>
> > Thanks.
>
> > --
> > You received this message because you are subscribed to the Google Groups
> > "bankpensioner" group.
> > To post to this group, send an email to bankpe...@googlegroups.com.
> > To unsubscribe from this group, send email to

> > bankpensione...@googlegroups.com<bankpensioner%2Bunsu...@googlegroups.com>
> > .

[rajendran ramasamy]

dears, one day or other, you people will get the arrear sheet
calculation and PPO whereas what is the scope for people who went on
normal VRS except admission of writ petition on their behalf by the
court !
May God bless all of us...

>> bankpensione...@googlegroups.com<bankpensioner%2Bunsu...@googlegroups.com>

[Narayan T Hegde]

Dear Shri.Simha,
The branch cannot with-hold your pension,once it is
received by them.I have not come across any such instance so far.In my
case the so called letter from the H O was received after a lapse of
one week,from the date of credit of pension.You may complain to the RM
or GM(P).
N T Hegde.
On Sun, 09 Jan 2011 17:59:37 +0530 wrote

>I have been informed by our br (syndicate bank)that pension arrears

have been received from HO but will be credited only after receipt of

papers from HO.what is the recourse.

On Jan 7, 6:04 pm, Perumal Velayudhan wrote:

> Hi,

>

> I too got the pension arrears on 3rd jan 2011 ,but is yet to receive

the

> PPO and calculation sheets. When i contacted HO SWD, on 4th jan, i
was

> informed that they are sending the PPOs and was asked to wait for few
more

> days.

> vmperumalOn Fri, Jan 7, 2011 at 11:23 AM, satyendra

wrote:

> > Dear all,

>

> > Please share the information with regard to receipt of PPO and

> > calculation sheets from HO/SWD.

>

> > As I have received my arrears on 04.01.2011 but so far I have not

> > received the calculation sheets and PPO.

>

> > Hence I request to inform as how delayed these are being received

> > after receipt of pension arrears.

>

> > Thanks.

>

> > --

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> >

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[Narasaiah Ch]

Sir,

they may receive it one or two days due to postal delay. No worry. pl. wait and see

c v narasaiah

---

From: simha <dpns...@gmail.com>
To: bankpensioner <bankpe...@googlegroups.com>
Sent: Sat, 8 January, 2011 7:35:22 PM

Subject: Re: bankpensioner Syndicate Bank

I have been informed by our br (syndicate bank)that pension arrears
have been received from HO but will be credited only after receipt of
papers from HO.what is the recourse.

On Jan 7, 6:04 pm, Perumal Velayudhan <vmperu...@gmail.com> wrote:
> Hi,
>
> I too got the pension arrears on 3rd jan 2011 , but is yet to receive the
> PPO and calculation sheets. When i contacted HO SWD, on 4th jan,  i was
> informed that they are sending the PPOs and was asked to wait for few more
> days.
> vmperumalOn Fri, Jan 7, 2011 at 11:23 AM, satyendra <aa2...@rediffmail.com> wrote:
> > Dear all,
>
> > Please share the information with regard to receipt of PPO and
> > calculation sheets from HO/SWD.
>
> > As I have received my arrears on 04.01.2011 but so far I have not
> > received the calculation sheets and PPO.
>
> > Hence I request to inform as how delayed these are being received
> > after receipt of pension arrears.
>
> > Thanks.
>
> > --
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> > .
> > For more options, visit this group at
> >http://groups.google.com/group/bankpensioner?hl=en-GB.

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[Narasaiah Ch]

Sir,

Normally in Syndicate Bank, HO:SWD:Manipal will issue credit IBA along with schedule of list of pensioners every month before 30th.

The list contains names and account numbers of the pensioners. Accordingly branches will credit to the respective accounts every month. While issuing TT HO:SWD:Manipal might have not provided full details of your name and account etc in the said TT.  Please take up the matter with your Regional Office for immediate credit of the said TT.  This is the present state of our syndicate bank staff service and relationship.

c v narasaiah

---

From: simha <dpns...@gmail.com>
To: bankpensioner <bankpe...@googlegroups.com>

Sent: Sat, 8 January, 2011 7:31:18 PM

Subject: Re: bankpensioner Syndicate Bank

I have been informed by our br (syndicate bank)that pension arrears
have been received from HO but will be credited only after receipt of
papers from HO.what is the recourse.

On Jan 7, 6:04 pm, Perumal Velayudhan <vmperu...@gmail.com> wrote:
> Hi,
>
> I too got the pension arrears on 3rd jan 2011 , but is yet to receive the
> PPO and calculation sheets. When i contacted HO SWD, on 4th jan,  i was
> informed that they are sending the PPOs and was asked to wait for few more
> days.
> vmperumalOn Fri, Jan 7, 2011 at 11:23 AM, satyendra <aa2...@rediffmail.com> wrote:
> > Dear all,
>
> > Please share the information with regard to receipt of PPO and
> > calculation sheets from HO/SWD.
>
> > As I have received my arrears on 04.01.2011 but so far I have not
> > received the calculation sheets and PPO.
>
> > Hence I request to inform as how delayed these are being received
> > after receipt of pension arrears.
>
> > Thanks.
>
> > --
> > You received this message because you are subscribed to the Google Groups
> > "bankpensioner" group.
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> > .
> > For more options, visit this group at
> >http://groups.google.com/group/bankpensioner?hl=en-GB.

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[simha]

Dear sree Hegde navaru
I am happy to inform that today my pension arrears have been credited
to my account.Thanks to one and all for their valuable sugessions

[simha]

Dear Ramasamy
Don"t get dejected I am fully confident that all the normal VRS non
optees too will get pension sooner or later it is only a matter of
time.Our trade union leaders could have taken legal advice on pension
draft before signing the agreement.

On Jan 9, 3:54 pm, rajendran ramasamy <rrajendr...@gmail.com> wrote:
> dears, one day or other, you people will get the arrear sheet
> calculation and PPO whereas what is the scope for people who went on
> normal VRS except admission of writ petition on their behalf by the
> court !
> May God bless all of us...
>

[nk agarwal]

does anyone still there in syndicate bank who have not recieved
arrears . as i checked last week my mother's account was still not
credited as there was no information regarding it in the respectibe
branch. When I called the HO they said to wait . want to check if
there are still people who have not recieved arrears. any information
on this would be most welcome.

regards,
nipun

[Narayan T Hegde]

Dear Sir,
Still some have to receive pension arrears/mly pension.Your
mother will also get it.No need to worry.You may wait latest up to
month end.If ther is no development till that time, you may give me h
all the details for further follow-up.
N T Hegde.
On Wed, 12 Jan 2011 09:58:32 +0530 wrote

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[varadaraj pai]

Regarding family pension the same is yet to be paid by the bank. It takes some time as per the information available.

 

B V Pai

--

[Dr.dhananjaya Bhupathi]

dear shri hegde,

good evening. With Ur limitations and kind wisdom, if feasible, kindly take up with IBA, SBOA, Central Board of Income Taxes to seek exemption of I.T., on the 156% of PF remitted by us towards pension fund on par with 2.8 times of salary contributed by the existing bank employees. I am marking copy of this mail to other stalwarts for follow-up.

regards,

Dr.Dhananjaya Bhupathi.

Syndicate Bank Pensioner.

---

From: Narayan T Hegde <nth...@rediffmail.com>
To: bankpe...@googlegroups.com
Sent: Wed, 12 January, 2011 11:11:06 AM
Subject: Re: Re: bankpensioner Syndicate Bank

[nk agarwal]

thanks Hedge sir and Pai sir.

[lionmoreshwar bhalerao]

If contribution of 2.8 times by existing staff  for funding the gap is eligible for  tax relief then contribution of additional 56% for funding the gap by retirees  should be eligible for tax relief on the parity , natural justice, no discrimination amongst the same class o people contributing  for gap. Let us take up the matter with IBA, Finance Minister, Income tax authorities have no authority to grand such concession directly unless they get instruction from  Ministry of Finance as the roll of IT dept. is to collect more tax as far as possible for them.

[PM]

1.Tax exemption on contribution @ 2.8 times of revised Nov 2007
Salary, by existing employees,towards so called "Pension Fund Gap" has
so far not been granted.

The above point was raised by AIBOC vide their letter dt.10th May
2010,addressed to IBA,requesting them to obtain Special Permission
from CBDT to exempt entire contribution to pension fund from payment
of tax.So that the recovery made from existing employees @ 2.8 times
of revised Nov 2007 may be treated as superannuation benefits and
exempt from recovery of tax under TDS.

2.On one side, number of existing employees as well as Retirees (Pf
optees) have moved Writ Petitions, through various High Courts in
the country, against the unjustifiable and illegal recovery of 2.8
times of Nov 2007 salary and 156% PF from retirees to wards Pension
Fund Gap.
Pension fund Regulations 1995 stipulates on contributions and
management of Pension Fund by employer.
Employees/Retirees have no obligation to contribute towards 'Fund
Gap'.

3.On other side AIBOC, make request to IBA through their letter,to
seek tax exemption of entire contribution,where as it is fact that
AIBOC is one of the constituent who signed settlemnt dt 27.4.10,with
IBA for recovery of 2.8 times of salary from existing employees and
156% from retirees.

4. Central Board of Direct Taxes has to take decision on the subject
matter.Whether matter has been taken up by IBA is another question.

5.If contribution towards Pension Fund Gap is exempted from tax
payment , same cannot be restricted to existing employees only,since
'contribution to Fund' is the criteria and not contribution by
different groups.

First of all CBDT's decision is important,that too before the
Financial Year end.









On Jan 15, 12:13 am, lionmoreshwar bhalerao <lionmsbhale...@gmail.com>
wrote:

> If contribution of 2.8 times by existing staff  for funding the gap is
> eligible for  tax relief then contribution of additional 56% for funding the
> gap by retirees  should be eligible for tax relief on the parity , natural
> justice, no discrimination amongst the same class o people contributing  for
> gap. Let us take up the matter with IBA, Finance Minister, Income tax
> authorities have no authority to grand such concession directly unless they
> get instruction from  Ministry of Finance as the roll of IT dept. is to
> collect more tax as far as possible for them.
>
> On Wed, Jan 12, 2011 at 4:13 PM, Dr.dhananjaya Bhupathi <
>
>
>

> dracupress...@yahoo.in> wrote:
> >  *dear shri hegde,*
> > *good evening. With Ur limitations and kind wisdom, if feasible, kindly

> > take up with IBA, SBOA, Central Board of Income Taxes to seek exemption of
> > I.T., on the 156% of PF remitted by us towards pension fund on par with 2.8
> > times of salary contributed by the existing bank employees. I am marking

> > copy of this mail to other stalwarts for follow-up.*
> > *regards,*
> > *Dr.Dhananjaya Bhupathi.*
> > *Syndicate Bank Pensioner.*
>
> >  ------------------------------
> > *From:* Narayan T Hegde <nthe...@rediffmail.com>
> > *To:* bankpe...@googlegroups.com
> > *Sent:* Wed, 12 January, 2011 11:11:06 AM
> > *Subject:* Re: Re: bankpensioner Syndicate Bank

>
> > Dear Sir,
> > Still some have to receive pension arrears/mly pension.Your
> > mother will also get it.No need to worry.You may wait latest up to
> > month end.If ther is no development till that time, you may give me h
> > all the details for further follow-up.
> > N T Hegde.
> > On Wed, 12 Jan 2011 09:58:32 +0530 wrote
> > >does anyone still there in syndicate bank who have not recieved
>
> > arrears . as i checked last week my mother's account was still not
>
> > credited as there was no information regarding it in the respectibe
>
> > branch. When I called the HO they said to wait . want to check if
>
> > there are still people who have not recieved arrears. any information
>
> > on this would be most welcome.
>
> > regards,
>
> > nipun
>
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>
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>
> - Show quoted text -

[Sundararajan S]

Dear PM,
Thanks for your elaborate and pointed reply towards the latest position on
the treatment of contribution towards the "pension fund gap" and tax
exemption requested thereon.
Sundararajan

-----Original Message-----
From: bankpe...@googlegroups.com [mailto:bankpe...@googlegroups.com]
On Behalf Of PM
Sent: 15 January 2011 15:51
To: bankpensioner
Subject: Re: bankpensioner Syndicate Bank

bankpensione...@googlegroups.com.

[Shrin Sharma]

Dear Sir,
 
I need some guidence as to the payment of commutation amount to SVRS-Jan-2001.  It is informed that commutation was payable as per 6th BPS whereas Basic Pension calculated as per 7th BPS ( effective from 1998-2002).
 
Actual case is that my Basic was 9700/- as on 15.01.2001( as per 6th BPS) , the same stage to stage  fitment come to Rs.15,000/- last stage of Scale-III.
 
I have been paid Commutation as per Basic Salary of 9700/- calculating BP- Rs,6017/-  and Basic Pension was revised as per 7th BPS taking average Basic Salary of Rs.14866/- allowing Basic Pension of Rs.6983/-  ( with weightageof 31 Years) .
Commutation---
6th BPS - 9612/-- revised to Rs.12810/- BP-6012/-less  commutated value Rs.2005- Net Basic Pension Rs.4012/-
 
Basic Pension----
7th BPS -9612-  revided to Rs.14866/- -BP Rs.6983/- less comm Rs.2005/- net Basic Rs.4978/-
 
Will any one will be kind enugh to guide me whether this is correct  way to calculate commutation ?
 
Regards,
S.N.Sharma

- 
> From: sundar...@gmail.com
> To: bankpe...@googlegroups.com
> Subject: RE: bankpensioner Syndicate Bank
> Date: Mon, 17 Jan 2011 09:51:38 +0530