A tiring stalemate with a tortuous stagnation:



Image result for stagnationEven in its days as Bank of Bengal (the primary component of Presidency Banks) the management of State Bank of India was hardly ever that indifferent and callous towards welfare of the workforce as it has been obtaining for quite a long time now. The Government of India too is equally indifferent, the same Government of India that is generous enough on demands of their own employees. The reason is beyond any comprehension. The burning issues like pension to retirees and compassion based appointments in the case of deceased employees are in fact the ones to be given top priority but what is happening actually is just the reverse. The retirees and the dependents of the deceased employees are all for a do or die struggle declaring a Jehad for the purpose as per feedback received through this blog –their preference is to die a martyr instead of a destitute. Any cry in a tattered democracy, they feel, is nothing more than a moan in the vacuum. Compassionate appointments started in State Bank of India in later 1960s but for no valid a reason they were stopped at the end of the 20th century. The new government under BJP rule re-introduced it with effect from 5th August’2014 but with stipulations which hardly mean any thing at the level of the dependents of the deceased employees. Banks are twisting and misinterpreting  the provisions to their advantage instead of extending some tangible relief to the dependents. Politics pervades disallowing any solace to the dependents. The heartless managers in the government took care to secure a bumper publicity by introducing the new rules at the cost of the aggrieved dependents callously denying them some source of sustentation at the practice level. On an average a bank employee serves for 40 years indefatigably after which they are treated as a dead horse with a paltry sum of pension and too inadequate a relief in the event of their death or incapacitation with the result that their dependents are left with no option but to lead a life of penury as an abandoned dead stock. Politics, it appears, has its foothold in the courts of law too creating hurdles in any pro employees decisions. The glaring example of  this is the Supreme Court of India directing the Delhi High Court to give their decision on pension issues latest within six month but it’s now a matter of years and nothing tangible is allowed to emerge. The Masters (one may call them the monsters too) both in the government and the banks mainly including Sate Bank of India have a fancy to serve the interests of the rich and not those whose  agonies laden eye lids overflow with tears. What could be the option left to the aggrieved lot? Dharna, demonstration, gherao and the like are obviously the recognised tools for the purpose and they can be resorted to any time or say what may suit the government more is self immolation by the aggrieved ones in front of the Parliament of India. Possibly the affected victims are very close to going ahead for the last. Do you hear this, ye the managers in the government and the Banks?

Advertisements

Author: neelkanth

Certainly not a celebrity but do have inquisitiveness to know things, realise them and live them to the extent possible. My interest in History, Art of Living and behavioural science is an element that inspires me.Am a poet,an author,a consultant, an advisor on computers and behavioural science.Served as Director in Central Board of State Bank of India.Remained associated with trade union activities and industrial relations as President,All India State Bank of India Staff Federation.Led a delegation on computers to several countries abroad number of times as from State Bank of India/ Banking Industry. Was twice accorded with NATIONAL AWARD FOR EXCELLENCE by All India Freelance Journalists Association, Chennai (India). My email address is: neelkanthshahi@gmail.com

14 thoughts on “A tiring stalemate with a tortuous stagnation:”

  1. What is intriguing is the deafening silence of the Leaders of SBI Pensioners’ Federation. The General Secretary is not open to advice of even the learned senior pensioners. I have come across appeals with authentic (supported by the settled laws in the form of landmark judgments at the highest level of judiciary) and logical analysis of the rules governing the pension in SBI. But, I do not see any sign as to whether such material in circulation among the few interested pensioners which get mailed to the President and the General Secretary of the Federation. The President of the SBI Pensioners’ Association (K) was also the G.S. of the A.I.S.B.O.F. who signed the agreement that adversely affected the 7th B.P. Pensioners severely and as many as 32000 pensioners are drawing pittance in the name of pension which in many cases works to less than 25% of the average B.P. drawn by them during the last 12 months of the pensionable service. First the organisation remained in slumber for 22+ years before filing a W.P. (Note the anomalies begin right from 5th B.P. period. The position reached its nadir in the 7th B.P. and only partly improved from 1.5.2005. This history smacks of selfish and parochial attitude on the part of the leaders. I only hope that the leaders wake up to the pitiable conditions the pensioners are made to suffer because of their inhuman, illegal and illogical steps and at least act now to bring relief.

    Like

  2. ARTICLES OF SHRI NEELKANTH ARE VERY IMPRESSIVE AND ALWAYS BASED ON FACTS AHD REALLITIES AND THIS ARTICLE GIVE MANY MESSAGES TO AUTHORITIES DEALING WITH OUR PENSION ISSUES AND COMPASSIONATE APPOINTMENTS.AND I WILL TRY TO EXPLAIN THE MEANING OF THIS ARTICLE IN A EXHAUSTIVE MANNER.
    THE FIRST COMPREHENSIVE TRUST WAS FRAMED WHEN THREE PRESIDENCY BANKS NAMELYT BANK OFBENGAL,BANK OF MADRAS AND BANK OFV BOMBAY WAS AMALGMATED INTO IMPERIAL BANK OF INDIA IN THE YEAR 1921.THE PENSION SCHEME IN STATE BANK OF INDIA IS REPORTED TO BE AS OLD AS THAT OF PRESIDENCY BANKS.THISMEANS EVEN WHEN INDIA WAS NOT INDEPENDENT,THIS PENSION FUND WAS EXISTED IN IMPERIAL BANK OF INDIA.AND AFTER INDEPENDENCE STATE BANK OFINDIA WAS FORMED BY NATIONALISATION OF IMPERIAL BANK OF INDIA W.E.F 1.071955 AND NOW STATE BANK OF INDIA IS CELEBERATING 60TH ANNEVERSORY ON 1.07.2015. STATE BANKOF INDIA EMPLOYEES PENSION FUND RULES 1955 WERE FRAMED FOR THE EMPLOYEES OFSTATE BANK OF INDIA.AND THE PENSION OF THE EMPLOYEES WAS RS750/ P.M RELAXABLE TO RS1000/PERMONTH FORSENIOR STAFF OFFICERS W.E.F 1.07,1955.IN1987 PENSIONERS ASSOCIATION DELHI CIRCLE OF IMPERIAL BANK OFINDIA FILED A WRIT PETITION IN SUPREME COURT FOR IMPROVEMENT OF PENSION AND SUPREME COURT GAVE A VERDICT IN FAVOUR OF S.B.I PENSIONERS ON 23.02.1989. AND ENHANCE THE PENSION TO 50% OF THE LAST 12MONTHS AVERAGE SALARY MAXIMUM RS2400/PER MONTH W.E.F 1.1.1986.
    SUBSEQUENTLY,WHEN THE SALARY REVISION TOOK PLACE W.E.F 1.11.1987,BASED ON MERGER OF 600 POINTS OF CPI,THE SPRIT OF HON’BLE SUPREME COURT SHOULD HAVE BEEN KEPTIN MIND ANDPENSION CEILING SHOULDHAVE BEEN RAISED TO4250/ P.M/RS3775/P.M ,WHICH WAS 50% OFTHE HIGHEST BASIC PAY OF SENIORMOST EXECUTIVE OFTHE BANK.UNFORTUNATELY,THEPENSION CEILING WAS NOT REVISED AND IT IS NEVER REVISED AS ON DATE BY MO.F THOUGH A PROPOSAL WASPUT TO THE GOVERNMENT.OUR PENSION SCHEME HAD STARTED SPOILED BY M.O.F AFTER THE VERDICT OF SUPREME COURT.
    K.R.SAINI

    Like

  3. AFTER 1.11.1987(5TH BIPARTITE STARTS FROM 1.11.1987)BUT BEFORE 1.3.1999,AS THE MONETARY CEILINGS ON OUR PENSION WERE NOT INCREASED (I.E CEILING OF RS2400/IS NOT ENHANCED) AT 50% OF THE
    MAXIMUM DRAWN REVISED PAY( 111.1987)WITH EFFECT FROM DATE OF RETIREMENT,OUR PENSION WAS CURTAILED RANGING FROM 31.7% TO 16.22% OF THE LAST DRAWN PAY.
    FROM1.03.1999 ONWARDS,DISCREMINATION WAS CAUSED AMONG THE SBI PENSIONERS BY DIVIDING THEM IN TO TWO CLASSES-ONE CONSISTING OF ABOUT 80% OF PENSIONERS RETIRED AS AWARD STAFF AND OFFICERS INJUNIOR MANAGEMENT CADRES ELIGIBLE MAXIMUM PENSION AT50% OF THEIR SALARY AND OTHER CLASS CONSISTING OF ABOUT20% OF PENSIONERS RETIRED AS OFFICERS IN SCALE II AND SENIOR AND TOP MANAGEMENT CADRE ELIGIBLE FOR MAXIMUM PENSION ONLY AT40% OF THEIR PAY.
    IN PARTICULAR,THE MAXIMUM DEPRIVATION HAS BEEN CAUSED TO ALL PENSIONERS RETIRED FROM 1.11.1997(AWARD STAFF)1.04.1998(OFFICERS) TO31.10.2002 DRAWING PAY SCALES AS PER 7TH BIPARTITE PAYSCALES BUT BOTH AWARD STAFF ANDOFFICERS PAYMENT OF PENSION ONTHE PRE-REVISED SCALES OF 6TH BIPARTITE PAYSCALES.
    THE REGULATION23(1) OF OURPENSION FUND REGULATIONS STIPULATING THE COMPUTATION O F OUR PENSION ON OUR LAST DRAWN SALARY HAS BEEN IGNORED.THERE CANNOT BE JUSTIFICATION FOR NOT PAYING THE7TH BIPARTITE PENSIONERS ON PAR WITH THE PENSIONERS OF 6TH,8TH,9TH AND NOW 10TH BIPARTITE PERIODS BYCOMPUTING THEIR PENSION ON THE BASIS OF SAME FORMULA ADOPTED FOR THEM.THERE COULD BE NO RATIONAL AS TO WHY THE BASIC PENSION OF THE PENSIONERS RETIRED DRAWING 7TH BIPARTITE PAY SCALES WAS NOT COMPUTED ON THEIR LAST DRAWN PAY,WHEN THEIR FAMILY PENSION WAS REVISED AND COMPUTED ON THEIR 7TH BIPARTITE PAY SCALES
    THE PENSION SCHEME OF STATE BANK OF INDIA SHOULD BE PROVIDED FORBPAYMENT OFBPENSION TO ITS EMPLOYEES AT50% OF MONTHLY AVERAGE SALARY FR A MAXIMUM PENSIONABLE SERVICE OF 30YEARS AND FOR THAT OURPENSIOERS FEDERATION HAS FILED A WRIT PETITION AND OUR COURTCASE NO W.P(CIVIL) 1875/2013 IS PENDING AT DELHI HIGH COURT.
    KR.SAINI.

    Like

  4. THERE IS SOMETHING WRONG WITH THE EXISTING POLICY ON BANK PENSION.THE FEDERATION OF SBI PENSIONERS HAS BEEN RUNNING FROM PILLAR TO POST FOR 27 YEARS FOR JUSTICE.
    ONE OF THE AGE-OLD TRADITIONS FOR WHICH INDIA HAS BEEN KNOWN THE WOLD OVER IS RELATED TO THE VALUE WE ATTACH TO THE AGED AND OLD,THOSE WHO HAVE GIVEN NEW GENERATIONS SO MUCH TO BUILD ON AND ENJOY IN LIFE.THE CONCEPT OF PENSION FOR EMPLOYEES AFTER THEIR RETIREENT FROM ACTIVE SERVICE CAN BE VIEWED AS DERIVATIVE OF THE TRADITION.
    AS APTLY OBSERVED BY THE SUPREME COURT OF INDIA WAY BACK IN 1982”PENSION IS NEITHER A BOUNTY NOR A MATTER OF GRACE DEPENDING UPON THE SWEET WILL OF THE EMPLOYE,NOR AN EX GRATIA PAYMENT .IT IS A PAYMENT FOR THE PAST SERVICE RENDERED.IT IS SOCIAL WELFARE MEASURE RENDERING SOCIO-ECONOMIC JUSTICE TO THOSE WHO IN THE HEY-DAY OF THEIR LIFE CEASELESSLY TOILED FOR THE EMPLOYER ON AN ASSURANCE THAT IN THEIR OLD AGE THEY WOULD NOT BE LEFT IN LURCH.
    BUT WHAT ABOUT THE POLICY O F THE GOVERNMENT IN REGARD TO PENSIONERS OF STATE BANKOF INDIA?IT HARDLY REFLECTS AN ENLIGHTENED DEFINITION OF PENSION SCHEME. THERE IS NO SOCIO-ECONOMIC JUSTICE BUT HUMILATION ALL THE WAY FORTHOSE WHO ONCE CEASELESSLY TOILED AND GAVE THEIR BEST TO THE SYSTEM.
    K.R.SAINI

    Like

  5. IN STATE BANK OF INDIA,THERE ARE DIFFERENT SCALES FOR DIFFERENT GROUPS OF RETIREES AND NO UNIFORM FORMULA FOR CALCULATION OF PENSION AT THE TIME OF RETIREMENT AND NO UPDATION OF PENSION IN THE BANKING INDUSTRY AND THE PENSION HAS BEEN FIXED ONCE AT THE TIME OF RETIREMENT ONLY THERE AFTER NO ENHANCEMENT OF BASIC PENSION.IN THE PROCESS THE SITUATION TODAY IS SO IRONICAL THAT ONE FORMER CHAIRMAN,WHO RETIRED IN 1997,IS TODAY GETTING PENSION LESS THAN A RECENT CLERK OF THE SAME ORGANIZATION (S.B.I).
    SHRI NEELKANTH HAS RIGHTLY TITILED THIS POST BECAUSE ONLY THE WEARER KNOWS WHERE THE SHOE PINCHES.

    Like

  6. THE FAMILY PENSION SCHEME INTRODUCED IN 1986 FOLLOWING A JUDGEMENT OF THE APEX COURT HAS ALSO GOT A RAW DEAL UNDER THEVGOVERNMENT’S POLICY.AS AGAINST 30% FORBALL CATEGORIES OF PENSIONERS,THE GOVERNMENT REVISED FAMILYPENSION SCHEME EFFECTIVE FROM 1ST NOVEMBER 2005 WHICH ENVISAGES PAYMENT AT THE RATE OF 15,20 AND30 PER CENT IN DIFFERENT CATEGORIES.ALSO,BENEFIT OF 100 PER CENT D.A NEUTRALIZATION EFFECTIVE FROM MAY 1,2005 HAS NOT BEEN EXTENDED TO OLD RETIREES I.E RETIRED BEFORE 1.11.2002.
    THERE IS SOMETHING TERRIBLY WRONG INDEED WITH THE EXISTINTG POLICY ON THE BANK PENSION .THE FEDERATION OF SBI PENSIONERS,ALONGWITH ITS ALL 14 AFFILIATES,HAS BEEN RUNNING FROM PILLAR TO POST FOR THE LAST 27 YEARS(1.11.1987) TO SET THE MATTER RIGHT.
    K.R.SAINI

    Like

  7. AFTER THE SETTLEMENT OF 10TH BIPARTITE ON 25TH MAY,2015 ,ALL THE PAST RETIREES ARE NOT SATISFIED AS NO DEMANDS OF PAST RETIREES ARE SETTLED IN THE 10TH BIPARTITE SETTLEMENT AND THEYARE PLANNING TO START AGITATION.
    ON 29TH JUNE,2015,AS SCHEDULED,A MASSIVE DEMONSTRATION UNDER THE BANNER OF TAMIL NADU BANK RETIREES FEDERATION WAS HELD AT CHEPAUK,CHENNAI BETWEEN 3PM TO 5PM,AROUND 350 PENSIONERS PARTICIPATED.IT IS REALLY HEARTING AND ENCOURAGING.THE DEMONSTRATION WAS COVERD BY 3 TV CHANNELS AND 6 NEWS PAPERS REPORTERS..A PRESS RELEASE HIGHLIGHTING THE PENSIONERS’ POSITION AND DEMANDS HAS BEEN CIRCULATED,
    K.R.SAINI

    Like

  8. Sir,
    Case no: 1875/2013
    Why Court is regularly postponeing d case.
    Why our Federation Leaders are remaining as spectator even though Supreme Court directed Delhi HC to finalise d case within six months.Why they are not approching SC

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s