Pensioners Issues–Many a sips between cup and the lips:


It’s a sort of a renaissance period going on in relation to pensioners issues and every time a clinch to the problems look imminent some hurdle or the other jumps to the scene and it appears as if there is no end to such impediments. In reply to some of the enthusiasts, KR Saini has given a clarification that reads like this:

    ….,AS YOU ARE AWARE THAT FOR COMPUTATION OF PENSION PURPOSE BASIC PAY,PROFESSIONAL QULIFICATION PAY AND FIXED PERSONAL PAY ARE TO BE TAKEN.HOWEVER,NEITHER IN THE COMMITTE’S REPORT NOR IN THE APPROVAL LETTER THERE IS MENTIONED OF P.Q.P ANDF.P.P.SIR, WHILE CONVEYING APPROVAL OF REVISION OF PENSION FOR 8TH BIPARTITE RETIREES THIS TYPE OF MISTAKE OCCURED NOT INCLUDING F.P.P INTHE FIRST INSTACE AND ON TAKING UP BY THE BANK F.P.P WAS ALSOKRSaini INCLUDED FOR PENSION PURPOSE TO 8TH BIPARTITE RETIREES.IN THIS CONNECTION KINDLY REFER TO WEB SITE OF SBI PENSIONERS’ ASSOCIATION(MUMBAI)PUNE (BANK’S CIRCULAR) AT SERIAL NO4.SIMILARLY IN THE CASE OF 9TH BIPARTITE RETIREES P.Q.P AND F.P.P HAS NOT BEEN  INCLUDED FOR PENSION PURPOSE IN THE FIRST INSTANCE BY THE BANK.LATERON BY TAKING UP THE MATTER WITH GOVERNMENT THIS MISTAKE WAS ALSO RECTIFIED.IN THIS CONNECTION,KINDLY REFER CIRCULARS AT SERIAL NO 32 AND  34  OF THE WEB SITE OF SBI PENSIONERS’ ASSOCIATION (MUMBAI)PUNE.

         FURTHER,I HAVE TO ADVISE THAT ALL INDIA STATE BANK OFFICERS’ FEDERATION HAS ALREADY TAKEN UP  THIS ISSUE IMMEDIATELY WITH THE MANAGEMENT OF S.BI FOR INCLUDING P.Q.P AND F.P.P FOR PENSION   PURPOSE VIDE CIRCULAR NO 42.WE ARE REQUISTING THAT OUR PENSIONERS’ FEDERATION SHOULD ALSO TAKE UP THE MATTER IMMEDIATELY WITH S.B.I FOR RECTIFICATION  FOR   CALCULATION OF REVISED PENSION TO 7TH BIPARTITE RETIREES BY INCLUDING P.Q.P AND F.P.P.KINDLY DO REPLY ME.


 

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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

4 thoughts on “Pensioners Issues–Many a sips between cup and the lips:”

  1. 8TH BIPARTITE RETIREES—PENSION.
    PLEASE REFER CENTRAL OFFICE MUMBAI E-CIRCULAR NO CDO/P&HRD–PM/26/2006-2007 DATED 24TH AUGUST,2006 FOR PENSION TO 8TH BIPARTITE RETIREES WITHOUT F.P.P(IN THE FIRST INSTANCE).
    AND AFTERWARDS ADVICES RECEVED FROM GOVERNMENT OF INDIA THAT F.P.P(FIXED PERSONAL PAY) MAY BE RECKONED AS PAY FOR THE PURPOSE OF PENSION TO 8TH BIPARTITE VIDE CENTRAL OFFICE CIRCULAR NO CDO/P&HRD-PM/8/2008-2009 DATED 3RD MAY,2008.
    9TH BIPARTITE RETIREES—PENSION.
    SIMILARLY,KINDLY REFER TO CENTRAL OFFICE MUMBAI CIRCULAR NO CDO/P&HRD-PM/25/2011-2012 DATED 27.05.2011 VFIDE CENTRAL OFFICE HAD ADVISED WHILE COMPUTING BASIC PENSION THE COMPONENTS OF PQP AND FPP NOT TO BE TAKEN AS PART OF PENSIONABLE PAY TO 9TH BIPARTITE RETIREES(IN THE FIRST INSTANCE).
    HOWEVER,THE MATTER WAS REFERRED TO THE GOVERNMENT OF INDIA AND THEY HAD ACCEDED BANK’S REQUEST TO CONSIDER 1/2 OF PQP AND 1/2 OF INCREMENT PORTION OF FPP AS PART OF PENSIONABLE PAY WHEREVER APPLICABLE IN RESPECT OF THOSE WHO RETIRED/RETIRE ON OR AFTER 1.11.2007 VIDE CENTRALOFFICE CIRCULAR NO CDO/P& HRD-PM/68/2011-2012 DATED 28.09.2011.
    K.R.SAINI

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  2. IN NUT SHELL PENSIONABLE PAY INCLUDES——
    I)THE BASIC PAY INCLUDING STAGNATION INCREMENTS IF ANY,
    II)PROFESSIONAL QULIFICATION PAY FOR THE PURPOSE OF MAKING CONTRIBUTION OF PROVIDENT FUND AND D.A ON IT.
    III)FIXED PERSONAL
    PAY NOT EXCEEDING THE LAST INCREMENT IN THE SCALE OF PAY.
    KINDLY REFER TO CENTRAL OFFICE LETTER NO CDO/IR/CIR/29 DATED 30.07.2001 VIDE WHICH ECCB HAD APPROVED CHANGE IN NUMENCLATURE OF ” FIXED PERSONAL ALLOWANCE” AND ”PROFESSIONAL QUILIFICATION ALLOWANCE” TO ”FIXED PERSONAL PAY” AND ”PROFESSIONAL QUILIFICATION PAY” RESPECTIVELLY WITH EFFECT FROM 1.11.1999.
    K.R.SAINI

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  3. THERE IS MINOR TYPING MISTAKE IN THE COMMITTEE’S REPORT AS WELL AS IN GOVERNMENT’S ORDER AS PENSION TO 7TH BIPARTITE RETIREES FROM 1.11.1997/1.04.1998 TO 30.04.2005 ,MINIMUM PENSION SHOULD BE RS 6833/NOT RS6883/ AS MENTIONED IN REPORT AND ORDER. AND FROM 1.05 .2005 MINIMUM PENSION IS RS7120/.
    K.R.SAINI

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  4. ON THE BASIS OF 50%/40% FORMULA I.E FROM 1.11.1997/1.04.1998 TO 30.04.205 UPTOPAY OF RS13665/ AT 50% MINIMUM OF RS6833/ AND ABOVE RS 13665/ PAY AT 40% MINIMUM OFRS 6833/ FROM 1.05.2005 UPTO PAY OF RS14240/ AT 50 % AND AVOVE RS14240/AT 40% MINIMUM OF RS7120/.
    K.R.SAINI

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