FAMILY PENSION-Reg. Ex.Servicemen

[PM]

Dear Friends,

“When Ex-Servicemen employees working the Banks retire from Bank’s service, they are eligible to draw both their military pension as well as pension under Bank’s scheme. However upon their death, the family, as per Government guidelines, has the option to draw either the military pension or Bank Pension and not both. Recently, the matter was reviewed by the Government & revised guidelines have been given (dt. 17-1-2013) clarifying that w.e.f. 24.9.2012, the family will be eligible to draw both the pensions.”

As per GS,AIBEA, since it is not being implemented by the various Banks, the  matter has been taken up by them with the Government & IBA to ensure that all Banks extend this benefit to the family of deceased Ex-servicemen employees.

 

[SM Esan]

Dear  Mr.mohan,

In my case, I am ex-serviceman drawing military pension for 15 years of service.

Thereafter, I worked in a nationalised bank for 14 years and took

Special VRS in Jun 2001 after 14 years of Bank service.

IBA amended pensionable service from 10 years as per pension 

regulations to 15 years under VRS scheme.  

So, I could not get pension for  14 years of service.

There is a provision for merging defence and bank service and 

get one pension for entire service.

Can you suggest me what should I do?

thank you,

smesan

 

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[Manikanddan Kv]

It is mostly the respective defense departments who refuse second
family pension citing various government orders. Banks, generally
sanction family pension first. The unfortunate widows had to fight it
out in courts or Armed Forces Tribunals to get FP from Defense side.
About an year back, a widow of an LIC employee was sanctioned FP from
army without going to court.
Regards
Manikanddan(Ex serviceman pensioner Ex Bank employee Pensioner)

On Sun, Mar 17, 2013 at 8:41 PM, PM <moha...@gmail.com> wrote:

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[Veeraswami V]

A very useful news

Veeraswami V
Sent from my iPad

On 17-Mar-2013, at 8:41 PM, PM <moha...@gmail.com> wrote:

> pensions

[mohan p]

Dear Mr.Esan,

                              As per Bank Employees pension Regulation.1995,

"An employee who has rendered military service before appointment in the 

Bank shall continue to draw the military pension, if any, and military service 

rendered by the employee shall not count as qualifying service for pensions."

[Narayana Melkote]

A friend of mine worked in Syndicate Bank as clerk for 4 years and joined Vijaya Bank as an Officer for better prospects.   But as officer he worked for 17 years before resigning the job.   Is there any provision for clubbing the services in both the banks for the purpose of pension benefits.   Since the officer is not eligible for pension for 17 years of service, can anyone please clarify in this matter?

Narayana Melkote

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From: SM Esan <sme...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Monday, 18 March 2013 3:32 AM
Subject: Re: bankpensioner FAMILY PENSION-Reg. Ex.Servicemen

[daulat munot]

Please,send the revised guidelines from the government.copy of the issued letter by the government or its  gudget notification regarding latest family pension guidelines fr ex-servicemen. Thank u.

D.R.Munot

[mohan p]

Dear Sri.Narayana Melkote,

                                              In the matter of counting of past service in erstwhile bank,Bank Pension Regulation says as follows:

"In the case of an employee who is permanently transferred to a service in the 

Bank from any other bank on merger, amalgamation of any other bank with 

the Bank to which these regulations apply, the continuous service rendered 

by such an employee in any other bank on permanent basis, if any, followed 

without interruption, by permanent appointment, or the continuous service 

rendered under that bank in a permanent capacity, as the case may be, shall 

qualify: "

 

[Mohandas Rao]

Dear Sri Narayana Melkote,

I have once again gone through the Pension regulation. Pension regulation 20 is reproduced hereunder:

20. Counting of past service in the erstwhile Bank:-

In the case of an employee who is permanently transferred to a

service in the bank from any other Bank on merger, amalgamation of

any other Bank with the bank to which these regulations apply, the

continuous service rendered by such an employee in any other Bank

on permanent basis, if any, followed without interruption, by

permanent appointment or the continuous service rendered under

that Bank in a permanent capacity, as the case may be, shall qualify.

Provided that nothing contained in this regulation shall apply to any

such employee who is appointed on contract basis or on daily wage

basis or on consolidated wages.

As such, I find that there is no such provision for clubbing the services of both banks in the case of your friend, as this is neither amalgamation nor a transfer from the previous bank.

K. MOHANDAS RAO, SBM-VR 2001

[Narayana Melkote]

Dear Sri. Mohandas Rao,

Thank you Sir for your clarification !  My friend was just hoping against hope and I will confirm that that he is right .   After all,
it is the individual's decision alone that will either benefit or deprive in the later years of one's service!

Narayana Melkote

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From: Mohandas Rao <mohand...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Tuesday, 19 March 2013 3:29 PM

[Narayana Melkote]

Thank you Sir for your clarification by citing the pension regulation!

Narayana Melkote

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From: mohan p <moha...@gmail.com>
To: bankpensioner google <bankpe...@googlegroups.com>
Sent: Tuesday, 19 March 2013 3:33 PM

[RUDRAPATHI JAYARAMAN]

DEAR SIR I AM AN ESM(SERVED IN IAF) RE-EMPLOYED IN IOB AND RETIRED ON 31/5/2007.CITING THE GOI /MOD LETTER I HAVE MAILED A LETTER FOR ENDORSEMENT OF MY SPOUSE NAME ON 11/2/2013 BUT IOB HAS REPLIED ME THAT THEY HAVE NOT RECEIVED ANY INSTUCTION FROM IBA.AGAIN I HAVE VISITED MY C.O.ON 18/3/13 BUT IN VAIN.THEY SAY THE STORY OF IBA.THANKS 2 UR INFORMATION

                        R.JAYARAMAN 

[mohan p]

Dear Mr.Munot,

                          Copy of  letter issued by Ministry of  Defence, Dept of Ex servicemen Welfare dt.17.1.2013 on grant of  dual family pension is attached herewith for your  information.