About Pension Updation

______________________________________________________________________________________

BABUS DENY PENSION UPDATION IN RBI-CHARMING THE SNAKES!

1. More than 40 lakhs Pensioners in Central Govt. get their Pensions regularly updated on every revision of Pay Scales, latest being 6th Pay commission.

2. All State Governments in India, most of whom survive bankruptcy because of financial doles from RBI and Govt. of India have updated pension of lakhs of their employees on every pay revision.

3. Pension is regularly updated in almost all the loss making PSUs of Government of India.

4. And. then why the updation of Pension to handful of RBI pensioners is being denied by the Babus in M/o finance on hyper technical legalities ?

The old RBI Building in Mumbai

The old RBI Building in Mumbai (Photo credit: Wikipedia)

And, when RBI maintains its own Pension fund in billions for the pensioners!

Why the Babus have encircled, like
hissing snakes, the helpless RBI pensioners many of whom have died waiting updation due to the bites inflicted by Babus ? !

 

 

 

 

 

5. Will the New RBI Governor IMF Economic Counselor and Research Department...Raghuram
Rajan be able to charm these snakes and push them to their pit !

Wisdom lies not in predicting the fault lines. but in fixing the evident fault lines created and imposed by sadistic men in the system.

32 Responses to “About Pension Updation”

  1. Vijay Kumar Sachdev 27/06/2013 at 12:31 pm #

    It is suggested to ask for one rank one pension, for example all Asstt. Managers with 25 yrs of service should get the same pension irrespective of his date of retirement.

    Like

    • Sunil Kumar 26/09/2013 at 3:51 pm #

      Being central Bank of India it must be one rank on pension to all members of retired staff. Reserve Bank is maintaining their own pension fund. Question does not arise to ask the Central Government to act upon this matter. Only Central Board can approve on this matter.

      Like

      • wdtom 30/09/2013 at 9:35 am #

        central board’s resolution approving pension updation is kept in limbo by central govt.

        Like

    • Capt. C B Gupta 28/09/2013 at 4:10 pm #

      Pension Updation is in the hands of FM. But Medical Facility is in the hands of RBI. Why can’t RBI allow full CASHLESS TREATMENT FACILITY WITHOUT ANY CEILING in Single Private Room Category to Officers and Semi- Private Category entitlement to workmen. Why to blame others. Things which you can do ; DON’T want to do. Will RBI HRMD do it in a month? ……..

      Like

  2. premsunderdas 28/09/2013 at 4:04 am #

    Central Govt. has now appointed 7th Pay commission which will bestow the benefit of updation to Central Govt. staff and RBI pensioners will be left behind. Can the RBI pensioners Assn. not approach the court. Further Central Govt. has raised DA from 89 to 90%. Will RBI pensioners be extended similar benefit.

    Like

  3. k.sriharinarayana,hyderabad 29/09/2013 at 6:58 pm #

    it is a legitimate demand.when everywher procedure is followed why not in banks?
    shame,even 7th pay commission which is due in 2016 is already accepted and members are to be announced
    i do not know why chidu is i hurry to give sops to all except bankers. are we poor in rising our voice,banking industry
    is key industry and backbone for economy ,but why? why / partisan attitude. the departed souls are seeing from heavens
    about injustice done to their families.friends ARISE<AWAKE ACT sriharinarayanaaa
    ksh_narayana@yahoo.co.in

    Like

  4. Vijay Kumar Sachdev 21/10/2013 at 1:43 pm #

    As the pension updation is taking time,but as our settlement is due, we,(The retired employees) may demand for 50% of all the perks which are given to the serving employees of RBI.

    Like

  5. RAJESH D JOSHI 04/01/2014 at 1:15 pm #

    RESPECTED FINANCE MINISTER IT IS YOUR STATEMENT THAT BANKS HAVE SHOWN REMARKABLE PROGRESS IN PAST 10 YEARS,IT ALSO MEANS BANKS HAVE OBEYED EVERY DIRECTIVES/INSTRUCTIONS GIVEN BY GOVERNMENT AND SURELY THE GOVERNMENTS CONTENTS WERE FOR MASS PUBLIC/COUNTRY”S INTEREST : THE ATTITUDE OF GOVERNMENT,REGARDING BANK PENSIONERS PENSION-UPGRADATION IS THAT,THE GOVERNMENT WILL BEAT BANKS/BANK EMPLOYEES LIKE HER (GOVT.”S) WISH BUT WILL ALSO LIKE FROM BANK EMPLOYEES NO CRY/DEMANDS BE MADE FOR THEIR SACRIFICES,SERVICES RENDERED BY THEM FOR BUILDING THE NATION STRONG. FINANCE MINISTER SIR IS INDIA A DEMOCRATIC COUNTRY ?HENCE” WHERE TWO DIFFERENT FACILITIES ARE ALLOWED TO SAME TYPE/CASTE(PENSIONER)
    OF CITIZENS.
    RESPECTED FM SIR IT IS A VERY HUMBLE REQUEST KINDLY GO THROUGH THE PENSION FORMULA SIGNED BETWEEN IBA AND BANK UNIONS( IN OCT. 1993),WHICH WAS MOSTLY ON THE LINE OF CENTRAL GOVTS EMPLOYEE”S PENSION FORMULA, SO PLEASE INTERVENE INTO THE MATTER,AND INSTRUCT THE IBA SUITABLY, BECAUSE THE 10TH WAGE REVISION TALKS BETWEEN IBA AND BANK UNIONS IS IN PROGRESS AND THIS TI PENSION-UP GRADATION IS ALSO IN CHARTER OF DEMAND,,. RAJESH D JOSHI,DHAR(MP)

    Liked by 2 people

    • E.R.IYER 01/02/2015 at 3:23 pm #

      FINANCE MINISTER HAVE NO TIME TO SEE ALL YOUR NEEDS. HE WANTS TO TAKE CARE OF HIS HEALTH. > MORE BANK UNION LEADER MET FM> THEY ALLOWED TAKE PHOTO . THAT ALL. BOTH UPA NDA SAILING THE SAME BOAT> NEARLY 3 MONTH OVER FM NOT TALKED SO FOR SINGLE WORD ABOUT BANK EMPLOYEES /RETIREES DEMAND.

      Like

  6. E.R.IYER 22/08/2014 at 2:17 pm #

    when central govt. state gout pensioer getting updation pension WHY NOT BANK EPPLOYEES..ATLEAST NEW FINANCE MINISTER MUST TAKE UP THE MATTER AND DO THE NEEDFUL.

    Like

    • Ranganathan S. Asst. Manager Retired.MR0284 02/09/2014 at 9:44 pm #

      CAT PB has ordered in O.A.2461/2012 on 30/07/2013 to re-fix the pension of Central Govt. Pre-01.01.2006 retirees 50% of pension on completion of 20 yrs service.RBI is adamant in not updating 50% of pension on completion of 20 yrs service to those retired before 12.01.2013. Please take up the matter

      Liked by 3 people

      • E.R.IYER 01/02/2015 at 9:01 am #

        In this wage revision all bank retires will get updation ?

        Like

      • wdtom 02/02/2015 at 5:28 pm #

        updation. if at all it comes, will be only after wage revision. GOI and IBA do not seem to be inclined.

        Like

      • Arjunbhai Iswerdas Oza. 04/02/2015 at 11:00 am #

        Please take updation of Bank pension to theire pensioners with Wage Settlement, not after.

        Liked by 1 person

      • Pbs 04/02/2015 at 11:14 am #

        Updating will not come unless LIC,RBI and Bank pensioners come together and fight.

        Like

      • rameshkaul 04/02/2015 at 1:58 pm #

        UFBU must insist on pension updation in the current bi- partite negotiations. Settlement should take place, only when respectable wage increase for serving staff and pension updation for retired staff.Pensioners are ready to assist serving staff in all of their
        agitational programmes.

        Like

      • rajkumarnegi 01/02/2015 at 10:10 am #

        The country is one but the rules framed by the rulers are different. If 50% pension can be given to Central Govt Employees, why this rule should not be implemented in R.B.I and other banks. The persons who served in banks are not the second class citizens of free India. I have used the word free India but India is not free by the rulers. One rule for all the pensioners. The 7th bipartite retirees of State Bank Of India are fighting for the increase in pension with other banks and with R.B.I pensioners from 1998 and there is no progress in their case . They are getting 29% pension as compared with other banks and R.B.I pensioners.
        Rajkumarnegi

        Like

      • eriyer47 05/02/2015 at 6:54 am #

        DO U MEAN TO SAY THAT UPDATION WONT COME IN THIS SETTLEMENT ? WHEN BANK IS FALLOWING RULES OF CENRAL GOVT> PENSION RULES WHY THEY ARE NOT GIVING UPDATION> I HAVE NO FAITH SUPREME COURT JUDGEMENT DUE TO DELAY. WHY NOT ALL UNION FIGHTING AGAINST GOVT.

        \

        Like

      • wdtom 24/02/2015 at 3:21 pm #

        Pensions in GOI and State Govts., as a rule, are revised only after wage revisions.

        Like

      • Ranganathan S. Asst. Manager Retired.MR0284 15/03/2015 at 3:51 pm #

        I,Ranganathan S. Asst. Manager Retired.MR0284 and ten others have filed Writ Petition No. 2627 of 2015, admitted on 04.02.2015 IN THE HIGH COURT OF JUDICATURE AT MADRAS praying for 50% of pension on completion of 20 yrs service to those retired before 12.01.2013. Notice Ordered to Respondents. It will come up for hearing as per seniority.

        Like

      • Vijay Sachdeva 16/03/2015 at 10:40 am #

        The writ petition for full pension in 20 yrs for retired before 12 Jan 2013 is also filed in DELHI High court since Dec 2013

        Like

      • Ranganathan S. Asst. Manager Retired.MR0284 27/03/2015 at 12:27 pm #

        Thank you very much for the information.Can you please give me the details of person who filed the Writ in Delhi High court.My contact number is 9444452390.

        Like

      • k Manikandan 16/03/2015 at 7:31 pm #

        Sir, pls keep me posted of the developments in the case of full pension for those retiring after 20 years of service. I am an exserviceman retired on superannuation after 24years of service in Bank of India. Kindly advice me whether the outcome of ur case will b useful to m

        Like

      • wdtom 02/04/2015 at 6:21 pm #

        two separate issues in different organisations

        Like

      • S.Ranganathan 02/04/2015 at 7:54 pm #

        Dear Manikandan,Hearty Greetings.Surely I will update the developments.

        Like

  7. venkadachalam .k 30/08/2014 at 8:45 am #

    HON. FINANCE MINISTER .SRI. ARUN JETLY SIR, LOOK IN TO THE MATTER REGARDING THE PENSION ISSUE OF REGIONAL RURAL BANK EMPLOYEES NOT GETTING PENSION AT PAR WITH PUBLIC SECTOR BANK EMPLOYEES.KINDLY DO THE NEEDFUL TO THE REGIONAL RURAL BANK EMPLOYEES , FIGHTING FOR THEIR RIGHT YEARS TOGETHER. BANK STAFF ONE
    PENSION TO ALL PSB BANK & RRB EMPLOYEES. TAKE THE DECISION TO GIVE LIFE TO RRB EMPLOYEES.

    Like

  8. M P Thakkar 17/09/2014 at 12:43 pm #

    I want to know about Ex Gratia case of Delhi High Court

    Like

  9. Sudershan 24/12/2014 at 8:59 pm #

    BREAKING NEWS :

    PM Modi calls for a meeting with Bankers, FM, RBI Governor on 2nd-3rd Jan – to discuss improvement of Banks.
    What about improvement in the service conditions of Bankers/Pensioners & their BPS , along with RBI STAFF/Pensioners matters ?

    – whether RBI Governor will be able to effectively put up their case with PM/FM for a New Year GIFT ? PM Modi must see Jan Dhan Yojana , along with WELFARE of Bankers/Ex-Bankers.

    * He must, for the sake of his own RBI staff/Pensioners whom he has very recently assured them – their Wage Revision / Updation matter likely to be settled only after Bankers BPS – even LIC/GI people are looking for Bankers BPS.

    Is Mr Rajan listening ??????
    ( This post is from a retired banker in the mutual interest of the Financial Sector fraternity)

    Like

  10. Alladarajendrababu,krishnalanka,vijayawada,retiredandhrabankofficer 24/03/2015 at 3:59 pm #

    Every where in the state and central govt. employees are getting their pensions updated in every salary revision, but only the bank employees are not getting their pension updated, whenever their salary revision occurs

    Like

  11. T Gopal Rao 20/04/2015 at 4:06 pm #

    T. Gopal Rao Retired AM RBI Bangalore

    I am one among few retired employees who have not opted for Pension, and we regret for that. It has become hell of a task of maintaining ourselves with a meager amount which we receive by way of interest on our deposits. Everyday the interest rate is coming down and the cost of living is going up. AIRBIOPF please save us from poverty by making us join the main stream – Pensioners – at the earliest.

    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

Follow

Get every new post delivered to your Inbox.

Join 237 other followers

%d bloggers like this: