An ocean of guidelines, advices, clarifications and explanations in relation to anomalies in pension issues has already been amply provided by K R Saini followed at a stage by H Ganapathy to the readers of this blog being pensioners, retirees and will wishers but the area is enormously giant sized and there is no calling it a day as there are lot of people seeking some opinion or the other every day. Picked up as it is from the comment made by K R Saini himself on a relative post on this blog, the same is reproduced below for their clarification and knowledge:
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 RS 2400/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 FOR THE PAYMENT OF THE PENSION TO ITS EMPLOYEES AT 50% OF MONTHLY AVERAGE SALARY FR A MAXIMUM PENSIONABLE SERVICE OF 30 YEARS AND FOR THAT OUR PENSIOERS FEDERATION HAS FILED A WRIT PETITION AND OUR COURTCASE NO W.P(CIVIL) 1875/2013 IS PENDING AT DELHI HIGH COURT.