PENSIONERS' VOICE AND SOUND TRACK APPEALS YOU "USE MASK""KEEP SOCIAL DISTANCE" "GHAR BATHO ZINDA RAHO" "STAY HOME SAVE LIVES"
DEAR FRIENDS, CONGRATS, YOUR BLOG CROSSED 3268000 HITS ON 01.02.2023 THE BLOG WAS LAUNCHED ON 23.11.2014,HAVE A GREAT DAY
VISIT 'PENSIONERS VOICE & SOUND TRACK' WAY TO CATCH UP ON PENSIONER RELATED NEWS!

Saturday 17 March 2018

Litigations for bank pensioners

     Much has been said on the above subject in recent times by some of our leaders and experts on matters concerning LIC pensioners.The significance of some of  the recent decisions of the Supreme court  on bank pensioners is that that they could bring about a positve response on the part of the Govt .I would like in particular  to refer in this connection to two such cases initiated by the Bank of Baroda retirees and decided in favour of the pensioners   1)  CA  5525 of 2012 (along with about 15 other CAs clubbed )             (Petitioners ; G palani and others)           The issue broadly involved is denial of higher fixation of  pension flowing from a particular wage revision by introducing an'explanation'in the pension rules to operate adversely and retrospectively in regard to the fixation of pension on retirement. Officers who retired on or after 1/4/98 and before 31/10/2002 were the affected group. (Similar problem prevails in respect of SBI retirees also affecting 6th/7th bipartite period retirees and the concerned petitions are pending before Delhi HC and SC .in a similar situation pensioners of State Bank of Mysore now merged with SBI also recently got a favourable judgement from the supreme court) By its order dated 13/2/2018 in the above CA 5525 of 2012 the SC has categorically decided  the issue in favour of the pensioners.                   Following the above order the apex bodies of Bank retirees have taken up with the IBA the issue of extending the benefits under the said judgement of 13th Feb.to all similarly placed retirees of ALL nationalised banks since only few banks like BoB ,IOB etc with groups of individuals were involved in the concerned batch of appeals disposed off by SC on 13/2.                      Let us hope LIC /govt combine will see the writing on the wall and extend benefits of the SC decision in MC jain's matter to all 92-93 retirees of LIC.  2)  SLP(c) 5378 to 5381of 2015  ( Vijayan & others vs BOB)                   This case is related to giving weightage for the period spent in other organisations by 'specialist category' of officers who were recruited with spefic waiver of maxim age limit at the time of their recruitment and with commitment for full pension on retirement. This appeal was also decided in favour of the pensioners by the SC on                       .                   It will be interesting to know that following the judgement in this case the IBA ,obviously on the advise of the Govt.has decided to refix the pensions (with payment of arrears ) to the specialized category retired officers similarly placed in ALL nationalised banks. -Vide IBA circular dated 1/2/2018. (LIC may please note this also)                      It may be mentioned that nearly twenty representative organisations of Bank pensioners and about 6 or 7 apex bodies are functioning. One should compliment them for quietly working for the cause of pensioners and there is no sign of any 'one up' competition amongst them.No wonder therefore they get the reward for their patience in getting relief ,albeit belatedly , through the judiciary.                      Incidentally as a reciprocative gesture the Bank of Baroda officers' Association chennai had invited .me and shri D Krishnan at a meeting organised by them on 4th Mar.2018 which we attended along with shri M Arunachalam.                      As for other matters  on which bank pensioners are seeking redressal through judiciary, one is  the  issue of 100% neutralisation on DR. The arguments in their petitions have been completed - vide SLP relating to United Bank employees welfare Assn's  pettition along with other clubbed partitions by assns. Of retd officers in three other nationalised banks. The judgement was reserved in August 2017 but not delivered till date. Unlike in our case (LIC pensioners) there is probably no direct petition filed by any individual bank pensioner or any of their organisations for automatic up-gradation of pensions in sync. With periodical wage revisions for in service employees.                      I have furnished the above updated information for the attention of LIC pensioners many of whom do not seem to appreciate that the chances of our success in realising our demands will be brighter only when - the similar problems of bank pensioners are sorted out through judiciary or otherwise .  -- GN Sridharan

Published earlier on 13.03.2018

No comments: