Tag Archives: retirees

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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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.


 

They kill us for their sports!


Small post:

Court

 

As flies to wanton the boys

So are we to Gods

They kill us

For their sports

It was not for nothing that Shakespeare penned the above lines –he in fact gave a clear message that those who are saddling the power do suffer from the propensity of harming others –be they the common people, workforce or any group of persons engaged in various tasks, needless to say that they include the workforce in Banking Industry in the country and are now the retirees besides a big number of them in the pipeline. The topic warrants a big narrative in the matter but is not considered relevant at the moment. What is more important is the attitude of the Government of India and bully bankers who are not prepared to lend their ears to hear their grievances, nay agonies, even after an abnormal lapse of time. Surprisingly the Law Courts too belong to the same citadel. Long back the Supreme Court of India ordered consolidation of numerous cases and they asked them to clinch the employees/pensioners’ grievances peremptorily. Nothing tangible occurred, the time frame allotted for the purpose was just ignored with the petition roving from Bench to Bench. New Bench with different judges was formed giving it the color of priority by fixing the hearing on day today basis. Now the tremendous shock that is let loose is to the effect that the next hearing is fixed at the end of 1st week of November’2016. Historically people in the workforce have to remind themselves of Britishers ruling India when their forefathers were recognised just as their subjects (Ghulaams) and nothing beyond that.

Compassion based employment and pension issues:


It is a gigantic task to handle an ocean of huge emails and telephone calls in hundreds every day at my officeunity to be responded. The very view of the aggrieved ones flashing before my eyes causes me pain and groans with excruciating  uneasiness. Mostly they are on pension issues and compassionate appointments in banks particularly State Bank of India. Since these issues are pending at the level of Government and State Bank of India for quite a long time the aggrieved persons are now feeling terribly restive and at times they nurture a thought that the leaders involved in sorting out the problems are not throwing their full  weight. They are wrong but are not prepared to take the reality to themselves. Government of India is not a paan shop nor State Bank is a small fry and theirs is a giant stature capable enough to support their negatives.Courts of the land have a deep prejudice against the bank men falling in line with the Government bluntly forgetting that bank employees too equally belong to the land and it is they who generate a Government and bear their burden. Courts no more consist of ‘Daniels’. Politics is gradually  creeping there to make the inroads of their convenience. It’s time for the retirees, pensioners, aggrieved employees, who lost their bread earner during service, to harness themselves to the martyrdom. They are wrong if they nourish a misunderstanding that some one out of the crowd would suddenly appear as a flash like Prof. Balthasar (Portia) in Merchant of Venice. Leaders, members, activists and all concerned will have to rise to the occasion with a formidable strength to shake even Himalayas. ‘Arise, awake and stop not till the goal is reached’ said Vibekanand.

NOTE ON THE EXTRACT FROM BANK’S LETTER CDO/PM/16/SPL/1187 DATED 30.10.2002—(Part 4)

By K R SAINIimages (5)

to babu2609, ramachandrapp, me, hganaiyer46, T.r., murthy, jpdatta, slgupta68, rajkumarnegi, Sudhir, antony, Narinder, srinivasan, Atam, govinds65, satish.sukheja, sureshshobha40, Suresh, Harbhajan, Dhanabalan, Lakshmanan, Jayakrishnan, Brijmohan

DEAR SIRS, IN CONTINUATION OF MY NOTES NOS PART1,PART2,AND PART 3 DATED THE 6TH,7TH AND 8TH MAY,2016, TODAY, I AM WRITING PART 4. I REITERATE THAT ABOVE NOTED LETTER CONTAINS 37 PAGES AND DEAL IN PENSION ,D.A ON PENSION,FAMILY PENSION AND COMNUTATION FORMULA IN S.B.I AND BANK’S RECOMMENDATIONS IN THIS REGARD. .BUT I HAVE WRITTEN  ON PENSION MATTER ONLY

         REVISION OF PENSION SCHEME—BANK’S PROPOSAL ON PENSION.

a) THE FIXATION OF TWO MONETARY CEILINGSON MAXIMUM BE DONE AWAY WITH ONE CEILING ONNMAXIMUM PENSION FIXED AT 50% OF THE AVERAGE SUBSTANTIVE PAY DRAWN DURING LAST 12 MONTHS PENSIONABLE SERVICE.IN OTHER WORDS THERE WOULD BE ONE CEILING AS DECIDED BY THE SUPREME COURT INW.P(C)305 1987(VERDICT DATED 23.02.1989).

b) THE REVISED BASIC PAY AND ALLOWANCES PAYABLE IN TERMS OF WAGE/SCALES REVISION EFFECTIVE FROM 1.11.1997/1.04.1998 AND NOT AS STATED INNCLAUSE 16 OF THE 7TH BIPARTITE SETTLEMENT SALARY REVISION BE CONSIDERED FOR THEPURPOSE OF COMPUTATION OF PENSION.

c) THE REVISED CEILING ON MAXIMUM PENSION POST 1.11.1992 FOR AWARD STAFF/1.07.1993(SUPERVISING STAFF) RETIREES BE MADEVEFFECTIVE FROM1.10.2002 ANDCONSEQUENTIAL BENEFITS BE EXTENDED TONSUCH  PENSIONERS INTERMS OF COURTCASE V.KASTURI V/S S.B.I(1983)8 SEC30 TO ALL PENSIONERS SURVIVING ON THAT DATE.

IN THIS10881486_1016309615062877_1718043244602304723_n_thumb CONNECTION I MAY ADD THAT THIS LETTER HAD BEEN WRITTEN BY THE THEN CHAIRMAN TO M.O.F IN RESPONSE TO GOVERNMENT OF INDIA LETTER F NO16/54/2002-HR DATED 23.10.2002.I UNDER STAND THAT M.O.F HAD NOT REPLIED  THE LETTER CDO/PM/16/SPL/1187 DATED 30.10.2002TO  S.B.I.NOW THIS LETTER HAS BEEN MENTIONEDIN THE ORDER OF DATED 26.04.2016 BY DELHI HIGH COURT TO BE PLACED BEFORE THE COMMITTEE CONSTITUTED BY M.O.F AND THE COMMITTEE HAS TO GIVE DELIBERATIONS ON THESE RECOMMENDATIONS IN THE NEXT DATE OF HEARING INW.P(C)1875/2013.NEXT DATE OF HEARING IS 28.07.2016 K.R.SAINI

P.S THIS LETTER DEALS WITH PENSION ISSUES OF 5TH ,6TH AND 7TH BIPARTITE RETIREES AND TO SOME EXTENT 8TH BIPARTITE RETIREES .K.R.SAINI

NOTE ON THE EXTRACT FROM BANK’S LETTER….


10881486_1016309615062877_1718043244602304723_n_thumb

A lot has been written by K R. Saini on the topic with the first line starting as above covering vital areas in relation to Pension Issues. This a running series 3 parts of which have already been published including one link on this blog and the 4th one is in the pipeline to be followed by a few more. The series is quite important from the view point of coverage of latest developments and retirees, the pensioners and the readers in general are earnestly called upon to peruse the contents as a whole of the series with the requisite attention. The remaining posts follow shortly.

Pension issues in SBI–K R Saini foresees some ray of hope:


images (5)
Keshav Saini

to murthy, ramachandrapp, antony, Atam, babu2609, Dhanabalan, me, neelrameshl, Narinder, rajkumarnegi, Lakshmanan, hganaiyer46, Brijmohan, Sampath, govinds65, veekg, satish.sukheja, Sudhir, sureshshobha40, menroygk, jpdatta, Jaspal, Jayakrishnan, Harbhajan, T.r.

10881486_1016309615062877_1718043244602304723_n_thumb

DEAR SIRS,I INVITE YOUR KIND ATTENTION TO THE DELHI HIGH COURT ORDER DATED 26.04.2016,WHICH IS SELF EXPLICIT.IN VIEW OF THE SERIOUSNESS/CONCERN ARGUED BY PENSIONERS’ LAWYERS TO OPPOSE THE ADJOURNMENT SOUGHT BY THE GOVERNMENT OF INDIA,WE SHOULD FEEL SATISFIED THAT THE CASE IS BEING HANDLED SATISFACTORILY.FURTHER DELHI HIGH COURT HAs given one last opportunity to the respondent to inform the court about the outcome OF THE DELIBERATION PARTICULARLY IN RESPECT OF S.B.I LETTER DATED 30.10.2002 ADDRESSED TO M.O.F.

    I SHALL BE GLAD IF YOU KINDLY ARRANGE TO FORWARD ME THE SAID LETTER FOR MY INFORMATION IF YOU ARE HAVING.

WITH BEST REGARDS.

K.R.SAINI


PS:Reproduction of the above contents are without any attachment and are unedited: