Pension issues–Ball actually lies in Government’s court: (Part 7)



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This one is the concluding post of the current series as Part 7 where the author, KR Saini, contends that the whole problem emanates more from the quarters of Government of India with a tilt towards desisting from issuing concrete directions affirmatively in favour of the aggrieved pensioners in State Bank of India on the face of the malady that the issue is pending for as long as 28 years in different galleries. The current series closes with this post but the author has to continue with his brief on the issue as usual. The contents of his serial as Part 7 are given below:


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krsaini
Aug 25, 2015 @ 07:27:07 Edit

CONCLUSION
I HAVE BEEN WRITING ON THE PENSION RULES AND REGULATIONS FOR THE LAST SIX DAYS FROM 20.08.2015 AND FROM THESE RULES AND REGULATIONS ,IT HAS BEEN OBSERVED THAT STATE BANK HAS NO POWERS TO ENHANCE THE PENSION OF ITS EMPLOYEES WITHOUT THE APPROVAL/SANCTION OF THE CENTRAL GOVERNMENT AND OUR PENSION ISSUES REMAIN UNRESOLVED DUE TO ADAMANT STAND BEING ADOPTED BY THE CENTRAL GOVERNMENT. OUR PENSIONERS’ FEDERATION HAS BEEN MAKING ITS APPEAL TO THE GOVERNMENT ENTREATING FOR RECONSIDERING AND REVIEWING ITS ADAMANT STAND.
THERE IS SOMETHING WRONG WITH THE EXISTING POLICY ON BANK’S PENSION.THE FEDERATION OF S.B.I PENSIONERS HAS BEEN RUNNING FROM PILLAR TO POST FOR THE LAST 28 YEARS FOR JUSTICE.
WE ARE DEMANDING EQUITY,FAIR PLAY AND NATURAL JUSTICE IN THE WHOLE SYSTEM. BUT WHAT ABOUT THE POLICY OF THE GOVERNMENT IN REGARD TO THE PENSIONERS OF STATE BANKOF INDIA? IT HARDLY REFLECTS AN ENLIGHTENMENT DIFINITION OF THE PENSION SCHEME. THERE IS NO SOCIO-ECNOMIC JUSTICE BUT HUMILATION ALL THE WAY FOR THOSE WHO (OLD PENSIONERS) ONCE CEASELESSLY TOILED AND GAVE THEIR BEST TO THE SYSTEM. WE WANT JUSICE AND DIGNITY ONLY.
IT APPEARS THAT THERE ARE ONLY TWO OPTIONS TO RESOLVE OUR PENSION ISSUES.ONE IS IF GOVERNMENT OF INDIA APPROVE/SANCTION THE RECOMMENDATIONS OF STATE VBANK OF INDIA OR THE APEX COURT(SUPREME COURT OF INDIA) WILL GIVE VERDICT IN FAVOUR OF S.B.I PENSIONERS.
CONCLUDED
K.R.SAINI


Concluded.

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One thought on “Pension issues–Ball actually lies in Government’s court: (Part 7)”

  1. IT IS PARTINENT TO ADD THAT WHATEVER I AM WRITING ON PENSION ISSUES FOR THE PAST 5 YEARS OR SO, THESE ARE BASED ON THE PAST EXPERIENCE SUGGESTING VARIOUS SOLUTION TO THE PENDING ISSUES.FOR EXAMPLE,IN THE YEAR1989,THE SUPREME COURR GAVE A JUDGEMENT REGARDING ENHANCEMENT IN PENSION CEILING FOR RS750/RS1000/ TO RS2400 W.E.F 1.1.1986.HOWEVER THIS WAS IMPLEMENTED BY THE BANK FOR A VERY SHORT PERIODS FROM 1.1.1986 TO 31.10.1987.IN THE NEXT BIPARTITE VIZ 5TH BIPARTITE(W.E.F 1.11.1987) THIS CEILING ON PENSION WAS NOT REVISED. AS PER REVISED PAY SCALE OF 5TH BIPARTITE AND CEILING REMAINED AS RS2400/.SIMILARLY IN CASE OF 6TH BIPARTITE CEILING WAS REVISED FROM RS2400/TO RS4250/W.E.F 1.11.1993 WITHOUT BASING THE CEILING
    ON THE REVISED PAYSCALE OF DMD ATRS14800/ UNDER 6TH BIPARTITE.
    HOWEVER,THE FORMULA OF 50% OF THE AVERAGE PAY SETTLED BYSUPREME COURT WAS ARBITRARELTY CHANGED AND IMPOSED W.E.F 1.3.1999 AT THE RATE OF50%UPTO SALARY OF RS8500/ AND AT40% IN EXCESS OF SALARY OF RS8500.THIS WAS MADE APPLICABLE TOTHE 6TH BIPARTITE AS WELL AS TO 7TH BIPARTITE RETIREES CAUSING GRAVE INJUSTICE TO 7TH BIPARTITE RETIREES.ON THE ABOVEBASIS OFTHE ABOVE INSTANCES SUGGESTING THAT INAMGIVING PENSION ISSUES WILL BE SOLVED THROUGH SUPREME COURT JUDGEMENT OR FAVOURABLE ATTITUDE ADOPTED BY M.O.F
    K.R.SAINI

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