Increase in D.A. for pensioners w.e.f. Aug 2015 - 31 slabs more

D.A. Rates for Pensioners (%) – 31 Slabs More

D.A.PAYABLE TO BANK PENSIONERS.w.e.f.					AUG'15
RETIRED	On Or After	1.1.1986	5896	1324	over 600
Upto 1250	1251-2000	2001-2130	Above 2130
887.08	728.20	436.92	225.08	%
RETIRED	After	1.11.1992	upto 31.3.98	1187	over 1148
Upto 2400	2401-3850	3851-4100	Above 4100
415.45	344.23	201.79	106.83	%
RETIRED	AFTER	1.11.98 upto	31.10.2002	1053	over 1684
Upto 3550	3551-5650	5651-6010	Above 6010
252.72	210.60	126.36	63.18	%
RETIRED	ON   OR	AFTER	1.11.2002	902	over2288
		162.36	%
RETIRED	ON   OR	AFTER	1.11.2007	765	over 2836
		114.75	%
RETIRED	ON OR AFTER		1.11.2012
		36.4	%	364	over 4440

D.A calculator is available for calculating revised D.A. and difference. For calculating D.A , enter basic ( original basic without reducing commutation amount) and click on the calculate button. Revised D.A , Present D.A. and difference will be displayed on the calculator. Select appropriate retirement date range according to the date of retirement.

 
Click on the following link for  D A Calculator. 

  

D.A. Calculator

MINUTES OF THE MEETING ON CO-ORDINATION OF THE FEDERATIONS OF BANK PENSIONERS AND RETIREES HELD ON 28-07-2015 AT NEW DELHI.

Copy of Minutes of the Apex retirees organisations meet held at New Delhi, on 28th July '15 is furnished here under for information, which is self explanatory:

MINUTES OF THE MEETING ON CO-ORDINATION OF THE FEDERATIONS OF BANK PENSIONERS AND RETIREES HELD ON 28-07-2015 AT NEW DELHI.

'A meeting for bringing together the major apex level organizations of the Bank pensioners and retirees was organized on 28-07-2015 at New Delhi. The following Federations of Bank Pensioners and retirees attended this meeting.

1. Federation of State Bank of India Pensioners’ Associations
2. All India Bank Retirees’ Federation
3. All India Bank Pensioners’& Retirees’ Confederation.
4. Retired Bank Officers’ National Confederation and
5. All India Retired Bank Employees’ Association       

The participants from the above organizations are furnished in the Annexure hereto.

2. Before the commencement of this meeting, two minutes silence was observed in memory of former President Shri A.B.J.Abdul Kalam.  Shri P.P.S.Murthy, General Secretary, Federation of S.B.I Pensioners’Associations. This meeting is very important one for strengthening the movement of Bank Pensioners and Retirees by bringing together all their important apex level organizations. The disappointment caused to the pensioners by the much expected 10th bipartite Settlement and the declarations made in the Record Note released by I.B.A along with the 10th bipartite settlement has created the need for collective and combined efforts by all the above organizations. Shri R.N.Banerjee, President, Federation of SBI Pensioners’ Associations brought to the notice of the participants the efforts made by his Federation over the last 25 years including the legal action  for securing legitimate pension benefits. He said collective efforts by all of us with commitment are necessary for resolving our common issues.

3. Shri S.C.Jain  , General Secretary of All Retirees’ Federation referred to the challenges before us and the disappointment and frustration of the pensioners after  the  10th bipartite settlement was concluded. He is in favour of co-ordination for bringing unity among all of us. He said that U.F.B.R.O was formed for this purpose. They could achieve certain benefits in the form of Ex-gratia to pre 1-1-1986 retirees and their spouses, could arrange for establishing grievance redressal machinery and secure the facility of one-more pension option. He felt that U.F.B.R.O could itself be utilized for the purpose of our co-ordination.. He however does not have any reservation on forming new organization of all the above Federations. He considered that we should explore the legal option for securing the updation of pension by obtaining a expert legal opinion.

4.Shri K.V.Acharya, President, All India Bank Pensioners’& Retirees’ Confederation favoured the immediate formation of co-ordination of the above five Federations of Bank Pensioners and Retirees. He said that exgratia to pre 1-1-1986 retirees was granted first by the Indian Overseas Bank in 1996 before other Banks provided this facility. He said that I.B.A should discuss with the organizations of Bank Pensioners and Retirees on issues concerning them. He also brought to the notice of the participants the various programs of action taken by his Federation for focusing and resolving the issues of the pensioners. He said that the provision for the updation of pension is statutory and denying the updation of pension is in violation of this regulation. He also suggested to consider widening our Co-ordination by including the corresponding organizations of R.B.I and L.I.C.As age is not with us, he felt that there is a need for us to forge our unity without delay.

5.Shri R.D.Deshpande, General Secretary, Retired Bank Officers’ National Confederation shared the view that the time is now ripe for all of us to take a positive decision on forming our co-ordination. Our members would not be satisfied without beneficial results. He said that our issues should get prioritized and action plan drawn up. He said that the second option issue of the resigned and those left over should be addressed. Shri R. Acharya of All India Retired Bank Employees’ Association concurred with the view on forming a co-ordination of all the above organizations.

6. All the participants agreed to enlist the support of U.F.B.U and other organizations of the serving employees of Banks All the participants unanimously agreed on forming a co-ordination of all the above five Federations with the following objectives, structure, name, action plan, code of conduct, finance and Joint Action Committee..

I.Objectives

a. To remove the discrimination caused in the payment of dearness relief to pre 1-11-2002 pensioners.

b. To secure the upgradation of basic pension/ family pension by merging dearness relief neutralized with 100% up to 4440 points as on 31-10-2012.

c. To secure family pension at 30% of pay uniformly to all on the same basis as followed by Reserve Bank of India. To remove the extant ceiling on family pension of Rs, 5,930/ and Rs.9, 284/ on Ninth and Tenth bipartite pay scales respectively, pending consideration of this proposal,

d.. To take steps for securing improvements as obtaining in the Pension Scheme of Reserve Bank of India

e. To secure the updation of pension on every revision for meeting aging needs of Bank pensioners.

f. To secure improvements in medical facilities to the pensioners and family pensioners.

g. To take steps for strengthening the Pensioners/ Retirees Movement in the Banking Industry by mobilizing more members and by bringing together the multiple organizations of Bank pensioners/retirees in each Bank if any and

h. To serve the ageing members of our society and in co-ordination with similar organizations in the service of the aged.

i. To secure pension option for the resigned and all left over with eligible pensionable service.

II. Structure

The Structure can be a collective body without a formal registration under the Societies Act for the time being  or as may be decided at this meeting

III. Name.

The participants agreed to form a new organization in the following name with the above five Federations as its members.

Confederation of Bank Pensioners and Retirees Organizations (C.B.P.R.O)

IV.. Action Plan

Our action plan may be decided according priority for achieving our above objectives.

i.Our first option can be to represent our issues with the Government/ IBA/ Management of Banks through negotiations/ meetings.

ii. To seek political support.

iii.To seek support through print and visual media and press conferences

iv.To fix a time frame for the above negotiated efforts depending on the developments

v.Depending upon the progress through negotiated efforts, the other program of direct actions like peaceful Dharna or agitation can be planned..

vi. Against decisions taken deliberately causing untenable and unjust deprivation and discrimination to the pensioners, legal action may be necessary. We should get prepared to resort to legal action although it is very only costly and time consuming. Before taking a decision on resorting to a legal action, sufficient funds should be mobilized.

V. Code of Conduct

i. All members of this apex body should work together for achieving our objectives by strengthening fraternity among ourselves.

ii.All members of this body would do well to commit themselves against any mutual criticism or against carrying on any activity which would not be conducive for maintaining the unity amongst them and

iii.All members of this body should give an assurance that they would always abide by the decisions taken by this body.

VI.Finance

All travelling expenses incurred for attending the meetings of the co-ordination/action committee and also for program action to be organized at different centres will be borne by the respective organizations. The expenses for the future meetings of this committee can also borne by the respective host organization. For the present, finance would be required only for meeting the expenses connected with communications. A token contribution from each member should be sufficient for this purpose .Any other suggestion is welcome.

VII. Formation of a Joint Action Committee

This Committee may consist of a convenor from one Federation and one member each from the other Federations..

7. For the purpose of representing our core pension issues as per the above objectives, a draft of our appeal will be prepared. Decisions on the convenor and other members of the Joint Action Committee will be decided at the next meeting. It was decided to hold the next meeting before the end of August 2015.The list of the participants and the Resolution Passed at this  meeting are enclosed.

P.P.Sankaranaryana Murthy

General Secretary

Federation of SBI Pensioners’ Associations

Chennai

30-07-2015

Source : Bankpensioner google group

Appeal to Chief Justice , Supreme Court of India

An appeal is made to Chief Justice, Supreme Court of India, by Shri S  Ramchandran ,Pune based bank pensioner, aged 76 years. The appeal is signed by 20 senior citizens amongst whom  Shri S. G. Lele is 87 years old and Shri C. M Bhat is 86 years old.  Subject of the appeal is  as following :

 
Violation of fundamental rights of senior citizens guaranteed under Article 21 of constitution of India
and
Unreasonable and unjustified denial of Updation of Pension, improvement in family pension and 100% DA neutralization to the Bank Retirees [during the recently concluded wage revision] since 1995

Click here to view the text of the appeal.

Last para of the appeal is reproduced hereunder

Quote

It is in view of the facts referred at points 1-10 above and average litigation span of ten years & short of life at our disposal, specifically of Mr. S G Lele (87 years), Mr. C M Bhat (86 years) and other signatories of 80+years, we earnestly pray for your intervention and this Petition may kindly be treated as a Suo-Moto Writ Petition on the appellate side of the Honorable Supreme Court

Therefore for the points 1 to 10 above, we pray your lordship may be pleased to call for

1. the records and minutes of wage revision discussions in which our issues were discussed and finally taken the stand as mentioned in Record Note of Discussion dated 25.05.2015.

2. to investigate into the cost of updation of pension, improvement in family pension and 100% DA neutralization by Actuarials defined in Pension Regulations 1995.

3. Upon investigation report from actuarials, to order to the concerned banks RBI and GOI, to arrive at the decision on the demands of the retirees.

For the kind response and acts of your Lordship, we all, shall always remain obliged, as duty bound.
With Respectful &Warm Regards, 

Signature:
Name: S. RAMACHANDRAN 

Unquote

Click here to view the list of signatories.

Interested  bank pensioners can send such petition to Chief Justice, Supreme Court of India, with suitable modifications.

The exhibits referred in the appeal can be had from Shri S. Ramchadran (email : ramans1938@gmail.com) or Shri R. K. Pathak ( email : ratnakarpathak@gmail.com).

Source: Bankpensioner google group

Supreme court Judgement on pension

Hon Supreme Court has spelt out clearly that Govt should avoid litigations for the sake of litigation, in recent verdict in  Civil Appeal No 1123 of 2015, Arising out of SLP(C) NO. 321 OF 2015 between State of Rajasthan and Ors. ... Appellants Versus Mahendra Nath Sharma ...Respondent and ors.

In this regard AIBPARC Gen Secretary has written a letter to the chairman IBA which is reproduced below.

Quote

The Chairman,
Indian Banks Association,
Mumbai.
Dear Sir,
We draw your kind attention to the Supreme Court Judgement delivered on 01.07.2015 in Civil Appeal No. 1123 of 2015 (Arising out of SLP (c) No. 321 of 2015). The judgement has recognized that revision of pension and revision of pay scales are inseparable. It has also reiterated that on revision, the basic pension cannot be less than 50% of the basic pension in the minimum of the pay band in revised scale corresponding to the pre-revised scale. When pension is upheld to be a right and not a bounty, as a corollary to above, upgradation of pension is also a right and not a bounty. Because of the pre-enumerated on the above judgement and also those in the case laws like D.S. Nakara and others, the demand of upgradation of pension of retired employees in the banking industry should immediately be reconsidered by the IBA and Govt. of India.
We hope to hear from you at the earliest.
Thanking you,
Yours sincerely,
( S. R. SEN GUPTA )
GENERAL SECRETARY

 Unquote

(Source : AIBPARC  website)

Click here to view Supreme Court Judgement

AIBOC's letter to IBA regarding record note on the issues of bank retirees

We reproduce below the letter by AIBOC to IBA
Quote
Ref: IBA/2015/68                         Dated: 12/06/2015
Chairman,
Indian Banks’ Association,
6th Floor, Centre 1 Building,
World trade Centre Complex, Cuff Parade,
Mumbai – 400005.
Sir,
RE: JOINT NOTE ON SALARY REVISION FOR OFFICERS
RECORD NOTE ON THE ISSUES OF BANK RETIREES

We invite reference to the Record Note dated 25.05.2015  jointly signed by the representatives of IBA and all the 9 Unions/ Associations of Bank Employees/ Officers on the issues pertaining to Bank Retirees along with Joint Note on Salary Revision.
2. While the above Record Note incorporates some of the demands of Retirees referred to in the Charter of Demands and discussed by officers organization with IBA during the process of discussion and IBA’s response there to, we would like to put the records straight by furnishing in brief our view
point as under on IBA’s response:
a) At the outset we do not accept that no contractual relationship exists between Banks & Retirees and that their demands can be examined only as a “Welfare Measure”. We maintain that payment of Pension cannot be construed as a mere Welfare Measure. As a matter of fact, there are several court judgments upholding that pension is a deferred portion of the compensation for the service rendered. In landmark “Narkara Case”, the Hon. Supreme Court has held that “Pension is a statutory, inalienable, equally enforceable right that has been earned by the sweat of brow. As such it  should be fixed, revised and modified/ changed in the
ways not entirely dissimilar to the salaries granted to serving employees.”
b) Besides, the Pension Regulations have been framed under section 19(1) of Banking Companies (Acquisition & transfer of undertakings) Act 1970/1980 and as such the
relationship between Banks & Retirees is a statutory one.
c) Officers’ Service Regulations/ Bi-partite Settlement  provisions for workmen, inter- alia, provide
for post- retirement benefits including Pension/ PF/ Gratuity etc. These are in the nature of statutory obligations on the part of Banks. In these circumstances, how can it be inferred that there is no contractual relationship between Banks & Retirees/ Pensioners? Moreover in case of officers, Officers’ Service Regulations/ Disciplinary Rules providing for disciplinary proceedings after retirement will lose the test of validity before law in the absence of contractual relationship.
d) Like wise in the absence of any contractual relations with Pensioners, clause 48 of the Pension Regulations 1995 i.e. right to proceed against retired employees will also not have any sanctity.
e) As regards comparison with Central Government Pension Scheme, we specifically bring to your notice that Pension Regulations under the head Residuary Provisions,  specifically stipulates that “in the matter of application of these Regulations regard may be had to the corresponding provisions of Central Civil Services Rules 1972 or Central Civil Services (Commutation of Pension) Rules 1981 applicable for Government Employees with such
modifications as the Bank with previous sanction of Central Government, may from time to time determine”. It is clearly understood that Bank Employees Pension Scheme has been drawn primarily on the basis of Pension Scheme applicable to Central Government Employees/ RBI Employees. Hence comparison with the Central Government Employees pension Scheme is not out of Place.
3. Referring to IBA’s response to the demands referred to in the Record Note, we have to state as under:
a) While on several aspects of pension improvement, IBA has been repeatedly forwarding the plea of cost burden but at no point of time during negotiations, authentic data has been presented in support of its contention. On the contrary, authentic pension fund data categorically reveals that as on 31.03.2014, the corpus of Pension Fund stood at about Rs.
1,14,000/- crores. More importantly Pension Funds of Banks are in surplus consecutively over the years and such surplus is growing year by year despite the fact that Banks have failed to provide for the required sum in pension funds as agreed in Bipartite Settlements. Under these circumstances, demands of retirees for improvement in Family Pension in line with RBI, 100% DA neutralization to pre Nov 2002 retirees as also updation of Pension, cannot be delayed/
denied.
b) We may point out that Bank Employees Pension  Regulations specifically provide for updation of Pension. We invite reference to Regulation 35 (1) thereof which reads as under; “Basic Pension and additional pension wherever applicable shall be updated as per formula given in Appendix I” As a matter of fact, such updation has already been given effect earlier for the pensioners retired prior to 01.11.1987, who were positioned on par with retirees under
01.11.1987 Wage Settlement. In view of the above, updation of Pension has a statutory basis and it becomes a statutory obligation.c) In the matter of 100% DA neutralization for retirees prior to 01.11.2002 for which IBA was positive during discussion, there have been several speaking judgments and favourable court orders. Though the matter is still sub- judice, IBA should settle the matter positively so that the expensive litigation can be put to rest once and for all. But waiting for conclusion of court proceedings will only add to the delay denying justice to pensioners who are above the age of
72-75 years and are anxiously waiting for the justice.
d) The issue of Pension to left overs also a vital one. The category of those retired compulsorily and the resignees have been denied benefits due to strict interpretation of instructions from the Government in June, 2012. Existing Pension Regulations categorically provide for pension
to those compulsorily retired from service. Denial of pension option to them is violative of the very existing Pension Regulations itself. Denial of Pension option to Resignees has also been tested through litigation and several judgments including the one in Vijaya Bank Case,is a
clear pointer that they cannot be denied pension after the stipulated period. In fact consequent upon such court verdict, several resignees have already been conceded the
benefit of pension option. It is also pertinent to note that the number of those retired compulsorily as also those resigned from Banks (after putting in requisite pensionable service)
is very small and the cost cannot stand in the way of extending benefits to them.
e) Apart from the above, there are still several issues of  pension, which need to be discussed and sorted out.
We, therefore, request you to take a positive view and hold discussion on all the issues of retirees on the basis of authentic facts, data and figures. On our part, we are also willing to exchange facts and figures so that a meaningful dialogue can take place with a view to resolving these issues.
We look forward to your early response.
Thanking you,
Yours faithfully,
(HARVINDER SINGH)
GENERAL SECRETARY
Unquote