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RAM . M wrote at 27-04-2015 10:41 pm:

 CUT OFF POINT FOR PENSION
IN 'E' CIRCULAR NO. P&HRD SL.NO.57/2008 - 09==CDO/P&HRD-PM/8/2008-09 DATED 03/05/2008, IT HAS BEEN MENTIONED IN PARA 3 AS FOLLOWS:
" IT IS FURTHER CLARIFIED THAT IN RESPECT OF RETIREES COVERED BY 8TH BIPARTITE SETTLEMENT WHO WERE DRAWING SALARY ABOVE RS.21,040/-+FPP+PQP WOULD BE AS UNDER:
40% OF AVERAGE BASIC PAY + 1/2 OF PQP(IF ANY) + 1/2 OF FPP (SUBJECT TO A MINIMUM OF RS.10,520/- + 1/2 OF PQP (IF ANY) + 1/2 OF FPP )"
BASED ON THE SALARY DRAWN THE CUT OFF POINT IS ARRIVED AT AND PENSION CALCULATION IS DONE ACCORDINGLY.
WILL ANYBODY TELL ME THE UPDATED POSTION IN RESPECT OF 9TH BIPARTITE RETIREES AND THE CIRCULAR NUMBER ALSO.
 

n.Subramanian (Website) wrote at 27-04-2015 5:21 am:

 Updation
My view is that let UFBU take up the issue reg Updation of pension for every 10 years the first such thing to be from the date of implementaion of the 10th BP agrrement and pension updation every 10 years thereafter. Let the wage settlement every 5 years remain. Why can't they take up with IBA the matter of updation on these lines.
 

Shripad Gudi wrote at 27-04-2015 2:25 am:

 In response to the "Comments" to Mr. Dhanabalan's anguish on behalf of 7th B.P. Pensioners dtd. 30.09.2014
Both under the extant SBI Pension Fund Rules 1955 and SBI Pension Fund Regulations 2014, we are not eligible for updation of pension.
 

dhanabalan wrote at 27-04-2015 2:02 am:

 pension updation
I request any one to inform whether we are eligible for updation of pension as per either pension act or regulation. If so section number please. With regards
 
Comment: Dear Mr Dhanabalan,

As of now, we are not eligible for updation of pension. It is there for Govt employees, where in every Pay Commission wage hikes, the pensions are also increased But IBA will consider it only if UFBU agrees to Bipartites at 10 year intervals.

Jayakrishnan T V wrote at 27-04-2015 1:57 am:

 INSURANCE POLICIES - EFFECT OF NOMINATION - NEW LAW
Shri Perumal Maruthu, Canara Bank Pensioner, has posted the following message in Facebook. Whether it is applicable only for LIFE INSURANCE POLICIES or applicable to General Insurance Policies also (i.e) Personal Accident Policies - is not known.
In the new insurance law, if an immediate family member such as spouse is made the nominee, then the death benefit will be paid to that person and other legal heirs will not have a claim on the money. This is good because it makes the nomination process more meaningful and clear. A policyholder knows that the immediate family member nominated by him will get the benefit. This will be applicable for all insurances that have a maturity date after March 2015
 

M. Gopalakrishna Iyer wrote at 25-04-2015 9:16 pm:

 PENSIONERS' GENUINE GRIEVANCES
Dear Friend,

There are two main issues lying before the Government of India for their stamp of approval and they are:-

1. Improvement in the case of 7th BPA retiring where pension will be paid @ 40% extra for basic pension above Rs.4w50/-. This is pending before the goverment since September2013.

2. Nutralisation of DA @ 100% to all pensioners.

We must arrange to have a permanent Liaison Officer posted at Delhi, preferably one among us with legal qualification and background like a retired law officer to follow up the matters with officials of the finance ministry at regular intervals.
 
Comment: Dear Mr. Iyer,

Thanks for your suggestions. Actually, the basic demands of pensioners can be classified as follows.
1. Pension at 50% of last average basic salary drawn, for pensioners of all Bipartites. The court case in Delhi High Court Div Bench, is in support of this basic demand, and will benefit all pensioners.
2. Dearness Relief neutralization @ 100 % for all pensioners, including those who retired prior to 1st Nov, 2002. Those who retired after that, i.e. from 8t Bipartite onwards, are already getting DR at 100%.
3. Automatic updation of pension, like Govt. pensioners.
4. Family pension at 30% for all family pensioners.

suresh chhatre pf 1330381 wrote at 22-04-2015 5:47 pm:

 REMBS
Whether Ayurvedic treatment in hospital is reimbursable under the scheme(Hospitalization for Ayurvedic treatment, just like Shri Kejariwal)
 
Comment: Dear Suresh,

Ayurvedic treatment or Unani treatment is not covered under REMBS for pensioners.

MENINO FURTADO wrote at 22-04-2015 7:39 am:

 hi
I appreciate the reasoned "comments" made explaining the correct position and the expectations in the Court cases and other matters without getting into any controversies or biting the baits thrown by some. Very clever, well read / informed and matured person who is making these "comments". Congrats to him and wish him well.
 
Comment: Dear Menino,

Thanks once again, for your reasoned appreciation. Encouragement, honest criticism and appreciation are the only food that keeps us strong and energetic.

Ravindra Kumar Syal wrote at 21-04-2015 11:05 pm:

 Medical facilityr
Will u pl. refer to my request dot. 10-4-15',I am sure u will be equally worry about the provision of medical facility to all the pensioners, what soever be the case. Because every pensioner is pensioner , there should not be ant discrimation.However, pl. try to get Rs.4000/- instead of Rs.2000/- because basic treatment has gone up, which is insufficient amount Rs.2000/-. Pl. look into it. Thanks.e
 

Sujoy Ghosh (Website) wrote at 21-04-2015 10:45 pm:

 ITR-Accrued interest
Admin: The accrued interest covers the relevant financial year for which the ITR is being submitted.What could be the technical error?Since tax is being paid in the relevant assessment year,at the time of encashment it need not be shown,having included in the ITR in the relevant FY-01.04 to 31.03 of that FY and AY-Sujoy Ghosh
 

M. Gopalakrishna Iyer wrote at 21-04-2015 10:44 pm:

 CALCUTTA HIGH COURT CASE.
Dear Friend,

With reference to the concern expressed by Shri Arora, I feel that filing an Earlyn Posting Petition (EPP) before the CHC will help in getting speedy disposal of the case.

The SBIPABC may, therefore, kindly seek the opinion of our lawyers in the matter.
 

Sujoy Ghosh (Website) wrote at 21-04-2015 6:24 am:

 7th.BPs-Lina Ghosh vs SBI-CHC-DHC caseWP(C)2353/2014&CM no.17063/2014
Mr.Arora-your post of 21.04.2015-The DHC case of the Division Bench and the Single Bench order of Late Salil Ghosh in CHC are quite similar.The lawyer in the appeal case at CHC had opined sometime back that he will seek upholding the judgement of the single Judge bench of CHC.The only problem with the CHC case is that delayed dates of listing and within the listing the serial number being way too below for it to be taken up on that day before the Court adjourns for the day.There is a way out which I am exploring in consultation with another colleague in Bengaluru.Sujoy Ghosh
 

v k arora wrote at 21-04-2015 3:20 am:

 7thBP's CASE in DHC
From the judgement of DHC in case 2353 of 2014 pronounced on 06/04/2015 should we become hopeful of positive results on 06/05/2015 in our case also. Pl. enlighten me on the issue. Anybody is welcome for this.
 
Comment: Dear Shri Arora,

Even for pessimist people like us, who have been cheated repeatedly, it seems that the positive outcome of the single 7th Bipartite case in the same bench, which is hearing the collective case, is likely to tilt the scales in our favour Let us hope for the best.

Sujoy Ghosh (Website) wrote at 20-04-2015 8:35 pm:

 Accrued Interest-to be included in the total income for the FY
Mr.Chhatre-Your post of 20.04.2015-Yes
 
Comment: Dear Sujoy,

While we agree with your contention, there seems to be some technical error in the issuance of these interest certificates, as the entire accrued interest for the entire term is being shown as the interest income for the elapsed financial year. This aspect needs re examination.

suresh chhatre pf 1330381 wrote at 20-04-2015 7:51 pm:

 INTT CERTIFICATE
INTEREST CERTIFICATE RECEIVED FROM THE BANK CONTAINS INTEREST PAID AND ACCRUED , PLEASE ANY ONE CAN GUIDE ME ACCRUED INTT. IS PART OF OUR INCOME FOR THE YEAR
 
Comment: Dear Suresh,

This is perhaps not the only anomaly in the Interest certificate. For STDs, the total accrued interest for the entire tenure, is possibly being shown as the interest accrued and earned for the financial year. The matter is being examined at some of the local branches here. We shall get back soon. Please do not act on the certificates issued.

Sujoy Ghosh (Website) wrote at 20-04-2015 5:12 am:

 7th.BPs-Lina Ghosh vs SBI-CHC-DHC caseWP(C)2353/2014&CM no.17063/2014
Mr.Parthasarathy-your post of 19th.April 2015--Earlier the Penfed had filed a case and withdrawn it.They would not do it again because the basis of the two cases are different.The Penfed case is based on the Constitution/discrimination and 50%.The 7th.BP as won by Jaipurer is on 12months and 40%/50% which satisfies the 7th.BPs.If the Bank seeks the sanction of the GOI we have a chance as the Bank has conceded the position in the DHC.The PenFed can, at the least, find out the Bank's present position after the Bank receives the DHC judgment in re:2353/2014 from it's Advocate.In any case the outcome of the PenFed case in the DHC is not very certain and we have to wait only a few days more to know the position,unless it is postponed, as usual Sujoy Ghosh
 
Comment: Dear Sujoy,

Let us not give up hope. The single 7th Bipartite case decided by the same bench, in favour of the pensioner, is a pointer to the possible outcome of our collective case. Our case will not only benefit the 33000 7th Bipartite pensioners, but also pensioners of all other Bipartites, as our basic demand is payment of pension @ 50% of average salary drawn at time of retirement and purging of Sec 23(2) of the Rules, which permits arbitrary fixation of pension and imposition of ceilings.
We are hopeful that the case will be heard every week, in its final stage, from 6th May, onwards. Keeping fingers crossed.

R.Parthasarathy wrote at 19-04-2015 7:27 pm:

 7th bipartite pensioners vis-a-vis Delhi HC case 2353/2104
SBI owes the 7th bipartite settlement pensioners the debt of revision of pension on the basis of their genuine basic salary. Unfortunately, SBI does not even acknowledge the debt - even after 17 years.In the case No.2353/2014 of Delhi HC the Bank Lawyer has acknowledged the debt by conceding the request of Mr.Jaipurar. Instead of wasting more time in the Indian legal labyrinth , the Pensioners' Fedefration should go for a compromise settlement with the Bank. It has to offer withdrawal of its case in Delhi HC in exchange for the Bank's commitment to revise the pension for the 7th Bipartite pensioners just as they have done for all others.
 
Comment: Dear Mr. Parthasarathy,

The question of withdrawing our case in the Delhi High Court, does not arise. We have fought so far, and we shall see the fight till the end. Compromise on this issue affecting thousands of pensioners (including the blatantly cheated 7th Bipartite pensioners) is out of question. The favourable verdict given in the single case by the same bench, is a very hopeful development. Let us hope for the best in our case.

R.Parthasarathy wrote at 19-04-2015 5:39 pm:

 Delhi HC case 2353 of 2014- Mr.Jaipurar
Dear Mr.Sujoy Ghosh, Let me thank you for the response to my mail. The possibility of the SBI filing an appeal is remote. 1. The Bank's Lawyer, according to the Judgement, has conceded the request.2.It is a Bench judgement which should carry weight. It is very surprising and painful that the top men in our organisation do not act according to the situation. It is high time they became more pragmatic and less dogmatic.
 
Comment: Dear Mr Parthasarathy,

we wish to add to what you have shared about the case of the pensioner from Jharkhand. The case was disposed of in his favour, by the same bench which is hearing the case filed by our Federation. We are hopeful that the verdict given in the single case, is likely to help in our Federation's case. We are waiting for 6th May.

Ravindra Kumar syal wrote at 19-04-2015 6:35 am:

 Medical facility
I am thankful to receive the reply of my request dot.15-04-15 in respect of medical facility to all pensioners irrespective of the reason whatsoever.In this connection, my submissions are that those pensioners are getting Rs.2000/- P.A. Under M.F.S., at least they should be increased with at least Rs. 4000/- P.A. and if Bank desire for any contribution to it every employee will be ready for it.Pl. explore it with the Bank. Thanks.
 

Sujoy Ghosh (Website) wrote at 19-04-2015 6:25 am:

 Recent AGM
I understand from a member who attended the recent meeting at the Calcutta University Institute centenary hall that the president,Sri R.N Bannerjee had requested for contributions for a case filed by an individual in a High Court.That is welcome if it is true.But can it be clarified with details of the case.Sujoy Ghosh
 
Comment: Dear Sujoy,

First there was no AGM, this time, thanks to a Court order. Ther was only a Pensioners' Meet and Pension Adalat followed by felicitation of pensioners attaining the age of 75 years. The AGM will be held after completion of election of Governing Body.
Second, we are not aware of any such remarks made by Shri Banerjee, in the Pensioners' Meet.

Sujoy Ghosh (Website) wrote at 19-04-2015 6:17 am:

 7th.BPs-Lina Ghosh vs SBI-CHC-DHC caseWP(C)2353/2014&CM no.17063/2014
Mr.Parthasarathy-Your post of 19th.April.I agree with you.But who is bothered except for paying lip service.Least of all are the PenFed and the Penasses.Has the Bank gone on appeal to the Supreme Court in the Jaipurar case.We the 7th.BPs are nobodys child.Sujoy Ghosh
 
Comment: Dear Sujoy,
We again request you to kindly refrain from making such pessimistic comments and uncharitable and incorrect remarks about the role of Associations and Federation of Pensioners. If the collective case before the same bench of Delhi High Court, which decided recently in favour of the single pensioner, is decided in our favour, pensioners of all Bipartites, but mainly those of 7th Bipartite will gain, even though belatedly.

R.Parthasarathy wrote at 19-04-2015 5:11 am:

 7th Bipartite Pensioners
In case 2353 of 2014 at Delhi HC, Mr.Jaipurar (Jharkand) , SBI Lawyer conceded that the Bank has to revise his pension, taking into account the 12th month pay for April 1998 as the one revised as per 7th Bipartite settlement.He will be paid arrears from the date of retirement. Now all the 7th Bipartite pensioners of SBI can expect a similar revision and settlement of the long pending issue of being paid pension on the basis of 1993 pay. Mr.Jaipurar dropped his challenge of Section 23(2) of Pension regulations and got the verdict. We request the SBI Pen Federation also to drop all other demands in their case except a plain revision of the pension on the basis of 7th bipartite pay on 50/40 basis and expedite judgement. All will get the benefit even though for the high end pensioners(who will be a very few) there will be a marginal loss due to 50/40 basis. We expect the Federation to be prudent. We hope that the Bank will at least now stop harassing the 7th bipartite pensioners.
 

KESHAV RAI SAINI (Website) wrote at 19-04-2015 4:06 am:

 OUT COME OF STRUCTURED MEETING HELD ON THE 22ND JANUARY,2015
FOR SHRI R,N,BANNERJEE, PRESIDENT SBIPENSIONERS'FEDERATION.
KINDLY ADVISE US THE OUTCOME OF STRUCTURED MEETING FOR REMOVING THE ANOMALIES IN PENSION IN REGARD TO 5TH,6TH,7TH AND 8TH BIPARTITE RETIREES AS PROMISED BY THE BANK.K.R.SAINI
 
Comment: Dear Mr Saini,

After discussing the matter with Shri R N Banerjee, we wish to inform you and others, that necessary correspondence has been initiated by the Bank management, under instruction from the Chairman, and Government's approval is awaited. We understand that the bank is pursuing the issue with the Govt.

suresh chhatre wrote at 16-04-2015 6:50 am:

 court case
CAN ANYBODY WILL PROVIDE ME THE email mobile no. ADDRESS OF RADHEY SHYAM PANDEY regading case betweenAssistantGeneral Manager, State Bank ofIndia & Others ... AppellantsVersusRadhey Shyam Pandey ... RespondentWITHCIVIL APPEAL NOS. 2287-2288 OF 2010CIVIL APPEAL NOS. 5035-5037 OF 2012CIVIL APPEAL NO. 10813 OF 2013
 

Anil k saxena wrote at 14-04-2015 3:30 pm:

 শুভ নববর্ষ - ১৪২২
শুভ নববর্ষ - ১৪২২ , আপনাদের আগামী দিনগুলো সুন্দর ও সার্থক হয়ে উঠুক ।।
Happy Bengali New Year - 1422, Let us Pray to God to pass on our coming days with happiness, joy and peace.
 
Comment: Dear Anil,

Your message makes us feel that you are here, with us. Thanks a lot. Best wishes for new year 1422.

Sujoy Ghosh (Website) wrote at 14-04-2015 7:44 am:

 15H/15G
Mr.Kumaria-your post of 13th.April.The first sentence in my post reads as'...are to be submitted at the Branch where he/she has his/her account......'Mr. Chavan would do well to have all his deposit accounts at one Branch.Life is that much easier.But what is the statute on submission of 15H/15G where one has taxable income from all sources?Is it permissible?Check it out.Sujoy Ghosh
 

Sudhir Suman Kumaria (Chandigarh Circle) (Website) wrote at 13-04-2015 7:13 am:

 FORM 15 H / 15 G
Mr.Sujoy Ghosh - your post of 13th.April 2015-- Form 15H/G

Mr Sujoy Ghosh you are mixing two different things, as Sh. N J CHAVAN is having problem for submitting Form 15H/G by visiting various branches and not by submitting Income Tax return which any one can submit as individual online and then after sending the confirmation duly signed to income tax office at Bengaluru by speed post.

If anyone who not submit the Form 15H/G to the branch where the person has his/her deposit account, the branch/ system will automatically pay the interest on that deposit after deducting the income tax.

Mr.Ghosh, I will be thankful to you, if you comment on my views.
 

Sujoy Ghosh (Website) wrote at 13-04-2015 5:55 am:

 Forms 15H/5G
Mr.Kumaria-your post of 13th.April 2015--15H-for senior citizens and 15G for others are to be submitted at the Branch where the person has his/her account with CIF no.and account number with all columns filled up by the assesee.Two copies are a must and if one wants an office copy then three copies.There is no provision of submitting any enclosure at the time of submission either by hand or online.After online submission,the relevant return copy with it's enclosures are to be submitted to the Bengaluru office by speed post.If there is taxable income before applying Section 80C,submission of return is compulsory.I believe there is a provision of submitting the 15H/15G online but it seems to be a complicated affair and does not always go through.You may try thru' sbionline banking and let us know,Mr.Chavan how it turns out.I was informed by a Bank employee who has tried it and found it difficult.Sujoy Ghosh
 

Sujoy Ghosh (Website) wrote at 13-04-2015 5:53 am:

 Forms 15H/5G
Mr.Kumaria-your post of 13th.April 2015--15H-for senior citizens and 15G for others are to be submitted at the Branch where the person has his/her account with CIF no.and account number with all columns filled up by the assesee.Two copies are a must and if one wants an office copy then three copies.There is no provision of submitting any enclosure at the time of submission either by hand or online.After online submission,the relevant return copy with it's enclosures are to be submitted to the Bengaluru office by speed post.If there is taxable income before applying Section 80C,submission of return is compulsory.I believe there is a provision of submitting the 15H/15G online but it seems to be a complicated affair and does not always go through.You may try thru' sbionline banking and let us know,Mr.Chavan how it turns out.I was informed by a Bank employee who has tried it and found it difficult.
 

Sudhir Suman Kumaria (Chandigarh Circle) (Website) wrote at 13-04-2015 5:35 am:

 FORM 15 H / 15 G
One have to submit the Form 15H/15G only that branch where one have the Deposit, because as under:-
1. Every deposit having customer I.D., which only that branch can excess.
2. Every branch has to file the return to Income Tax Deptt with detail of Tax deducted on deposit(s) and if not deducted than one copy of Form 15H/G are to submit duly singed by the depositor with return.
3. One have to submit the Form 15H/G duly singed by the depositor in duplicate, one for branch record another for Income Tax Deptt, so one cannot submit the Form on line.

So it is better to have all the deposit in one branch or nearby branches, as all one deposit in single branch have one customer I.D. and under one I.D. only one Form to be submit in duplicate.

Now, I think your doubt is clear.
 

N J CHAVAN RETD DY.MANAGER KOLHAPUR(MAHARASHTRA) wrote at 13-04-2015 2:55 am:

 FORM 15 H FORM 15 G
IN APRIL EACH YEAR WE HAVE TO SUBMIT FORM 15 H 154 G AS WE KEEP DEPOSITS IN VARIOUS BRANCHES OF SBI AND WE HAVE TO GO TO EACH BR TO SUBIT IT CAN IT NOT POSSIBLE THAT WE SHOULD GIGE THIS FORMS IN ONE BR AND THEY SHOULD ARRANGE IT FOR UPLOA IN SYSYTEM OR CAN WE SUMIT IT ONLINE TO AVOIDE GOING TO BRANCHES IT IS MOER EXPENSIVE AND TIERSOME IN METROPOLTIN CITIS
 

M.RAM wrote at 13-04-2015 1:26 am:

 COMMUTATION ARREARS

WHEN COMMUTATION IS PAID THE FOLLOWING ENTRIES ARE PASSED.
DEBIT : COMMUATION ACCOUNT IN THE NAME OF PENSIONER AND CREDIT : PENSIONER'S S.B. ACCOUNT.
RECOVERY:- RECOVER FROM THE PENSION AND CREDIT : THE COMMUTATION ACCOUNT IN THE NAME OF THE PENSIONER ( CERTAIN PORTION OF THE RECOVERY) AND INCOME ACCOUNT(OR PENSION TRUST FUND ACCOUNT) THE REMAING PORTION OF THE RECOVERY.
THE COMMUTATION ACCOUNT IN THE NAME OF THE PENSIONER IS A DEBIT BALANCE ACCOUNT FOR 15 YEARS. IT IS A LOAN OR ADVANCE ACCOUNT. SUPREME COURT HAS DEFINED THE COMMUTATION ACCOUNT AS AN ADVANCE AND THE AMOUNT IS RECOVERED WITH INTEREST. BUT BANK WILL BE RECOVERING THE AMOUNT RETROSPECTIVELY FROM RETIREMENT DATE FOR A LOAN AC. 10TH BIPARTITE PENSIONERS BE CAUTIOUS WHILE AVAILING COMMUATION ARREARS. OTHERWISE YOU WILL BE LOOSING HEAVILY.
 

MENINOFURTADO wrote at 13-04-2015 1:02 am:

 IInd INNINGS Oct -Dec 2014.
Thanks to our Chandigarh Circle Pen Asso for uploading the above publication. Our Bank`s Pension Portal has not yet done so.

Congrats to our Bengal Circle Association for the success of their AGM yesterday. May success be always with you.
 

MENINOFURTADO wrote at 12-04-2015 3:48 am:

 hi
The link on Pensions Fund Regulations was posted by me referring to M.Gopalakrishna Iyer`s post dated 09-04-2015 10:08 pm requesting for a copy. Regards
 

Rohit Sharma. wrote at 12-04-2015 12:38 am:

 Recent Gazette notification vis-a-vis V.R.S. retiree of 2001.
I have downloaded the recent gazette notification in context to the information provided by Mr. MENINO FURTADO wrote at 10-04-2015 1:57 am: but could not much get to determine as according to such notification what would be the condition of payment of pension would be applicable to the 2001 V.R.S. retirees? Hope some expert amongst us can elaborate on this issue which will be welcomed by all.
 

Sudhir Suman Kumaria (Chandigarh Circle) (Website) wrote at 11-04-2015 7:46 pm:

 IInd Innings-Oct–Dec 2014
We have uploaded the following file(s), which you can view/download from SBI Pensioners’ Association (Chandigarh Circle) official website:
http://www.sbipensionerschd.com/

1. IInd Innings-Oct–Dec 2014.

With Regards,

Jai Ram Gupta
General Secretary
SBI Pensioners' Association
(Chandigarh Circle)
 

dhanabalan wrote at 11-04-2015 5:12 pm:

 case
King can mistake Memers have to be patient and simply wait until king does the right thing
 

S.K.Misra (Lko Circle) wrote at 11-04-2015 9:34 am:

 Pension Payment Calendar 2015-16
Please note the dates of pension payment for current financial year. as per Bank's Circular dated 9th April 2015 on the subject. The detail has been circulated by Com Jayakrishnan t.v. through email.
April 2015 | 24 April 2015 | | May 2015 | 25 May 2015 | | June
2015 | 25 June 2015 | | July 2015 | 24 July 2015 | | Aug 2015 | 25
August 2015 | | Sep 2015 | 24 September 2015 | | Oct 2015 | 23
October 2015 | | Nov 2015 | 24 November 2015 | | Dec 2015 | 23
December 2015 | | Jan 2016 | 25 January 2016 | | Feb 2016 | 25
February 2016 | | Mar 2016 | 25 March 2016 |
 
Comment: Dear Shri Misra,

Thank you for the pension calendar. Thanks to all of you for the wonderful hospitality extended to delegates from all over India, during the recently concluded Federation GB and AGM, at Lucknow. Please convey our heartfelt gratitude and thanks to everyone who had made it possible.

S.Raghavan - PF 0505021 wrote at 11-04-2015 8:51 am:

 Pension Payment for 2015-16
You have not so far informed the disbursement date of the pension to the pensioners of the bank for the year 2015-2016. Pl inform the members through the web site so that they may call at the bank or to the ATM to withdraw their pension.
 

suresh chhatre wrote at 11-04-2015 6:25 am:

 M.Gopalakrishna Iyer query :-
I have gone though gazette copy and i am having a hard copy . the gazette notification is applicable from 15/09/14 and not from 01/07/55 . It is clearly written in first few lines how the federation has interpreted from 1955, god knows
 

MENINO FURTADO wrote at 10-04-2015 1:57 am:

 State Bank of India Employees’ Pension Fund Regulations, 2014.
Please refer the following link for details
http://www.sbi.co.in/webfiles/uploads/files/1420453469626_RULE_AND_REGULATION.pdf. Regards
 
Comment: Dear Menino,

Thanks. We have already gone through the changed Pension Fund Regulations, which have come into effect in Sept, 2014. In fact an amendment petition has also been filed in the Delhi High Court Div Bench, where our case had initially referred to Pension Fund Rules. The case is expected to be heard on 6th May, 2015.

Sujoy Ghosh (Website) wrote at 10-04-2015 1:31 am:

 7th.BPs-Lina Ghosh vs SBI-CHC-DHC caseWP(C)2353/2014&CM no.17063/2014
Mr.M.G Iyer-your post of the 9th.April 2015You may download the Delhi High Court order as above.It has a bearing on the 7th.BP case at the Calcutta High Court-Late Salil Ghosh vs SBI.Sujoy Ghosh
 

M.Gopalakrishna Iyer wrote at 09-04-2015 10:08 pm:

 SBI PRNSION FUND REGULATIONS, 2014
Dear Friend,

It has been mentioned by Shri Saxena that our lawyers submitted before the hon'ble high court of delhi that our PF rules have been amended by the govt of india with effect from 01.07.1955 and has been notified in goi gazette dated 15.09.2014. Will the SBIPABC obtain a copy of the notification and publish in your web-site.

I could not get a cooy of the same despite best search in the relative web-site and hence the request. Your kind gesture will be a relief to hundreds of thousands of us.
 
Comment: Dear Mr Iyer,

You will get the new Regulations in the website mentioned by Menino in the Readers' page itself.

Sujoy Ghosh (Website) wrote at 09-04-2015 7:57 am:

 7th.BPs-Lina Ghosh vs SBI-CHC
Mr.Rohit Sharma-your post of 9th.April 2015-CHC-Late Salil Kumar Ghosh now Lina Ghosh & others vs SBI--The was listed in another Bench and the lawyer felt that it may not be in the interest of the Respondents for the case to be heard at that bench and he preferred that it be heard at the earlier Bench of the Chief Justice and another Judge i.e Justice Joymalla Bagchi.We may await the next date and serial number on that date.Sujoy Ghosh
 
Comment: Dear Sujoy,

Thanks a lot for the update. Please let us know the next date of hearing, as and when you come to know it.

Rohit Sharma. wrote at 09-04-2015 3:32 am:

 Delhi H.C. case.
Apropos to Shri Anil K Saxena posting as regards with the LATEST POSITION OF W.P.1975 OF 2013 Would we 7th B.P. pensioners be let known what the amended prayers are ? As also some information as to the case at Calcutta H.C. i.e of late shri Salil Gosh which was to be heard on last 8th instant .
 
Comment: Dear Mr. Sharma,

You would have come to know by now, that the Delhi High Court Div Bench amendment petition was necessary to take care of the change of Pension Fund Rules into Pension Fund Regulations. The next hearing is likely to take place on 6th May, 2015.
As regards the case of Salil Ghosh (now substituted by his widow Smt Lina Ghosh), we shall update the next date of hearing as soon as we learn about it. It was not placed in the new bench, and the lawyer is wanting it to be heard in the original bench of Chief Justice and Justice Joymalya Bagchi. This has already been reported by Shri Sujoy Ghosh, who is helping with the case.

SWAPAN KUMAR GHOSH wrote at 09-04-2015 1:49 am:

 Would-be Retirees
A list of would-be retirees, available at LHO, may be published in the website of our Association with their names, address, present posting and contact numbers; so that we can approach them to be our members.
 

Shyama Shankar Ghosh wrote at 08-04-2015 10:52 pm:

 Pension fund Report as on 31.3.14


“…………….AS YOU ARE AWARE THAT THE REVISION OF OUR PENSION ON 7TH BIPARTITE PAY SCALES AND PAYMENT OF PENSION AT 50% OF THE LAST DRAWN AVERAGE PAY ARE SOME OF OUR MAJOR PENDING ISSUES,A SUM OF RS 200 CRORES PER YEAR WILL ONLY BE MADE AVAILABLE FROM OUR PENSION FUND.I HAVE MUCH DISSCUSED THESE TWO ISSUES IN THIS BLOG.IN THIS WRITE UP I AM GOING TO WRITE ON THE PENSION FUND OF STATE BANK OF INDIA.
KESHAV RAI SAINI on July 19, 2014

http://uppermost.me/2014/07/23/pension-issues-in-sbion-fund-and-rules/
 

Shyama Shankar Ghosh wrote at 08-04-2015 10:36 pm:

 Pension fund Report as on 31.3.14
PENSION FUND STATUS OF STATE BANK OF INDIA AS ON 31.03.2014
OPENING BALANCE (AMOUNT IN CRORES)
39564.21
ANNUAL CONTRIBUTION
872.37
INTEREST INCOME
3362.96
BENEFIT PAID
-2762.88
ACTURL GAIN
4200.33
CLOSING BALANCE
45236.99
THE POSITION OF THE PENSION FUND IN S.B.I INDICATE THAT IT IS QUITE SOUND AND IN A POSITION TO TAKE CARE OF THE RETIREES DEMANDS OF 50% AS PENSION OF THE LAST DRAWN PAY,THE REVISION OF OUR PENSION ON 7TH BIPARTITE SCALES,100% D.A NEUTRALIZATION TO PRE 2002 RETIREES.IMPROVEMENT OF FAMILY PENSION,AND UPDATION OF PENSION.
THE 7TH BIPARTITE RETIREES ARE ABOUT 23 THOUSANDS OF WHICH SIXTY SEVEN PERCENT ARE VRS OPTEES WHO DID NOT RETIRE AT MAXIMUM PAY SCALE.THUS,THE ADDITIONAL OUTGO ON ACCOUNT OF THIS REVISION WILL NOT BE MUCH, AND WILL BE WITHIN RS 36 CRORES PER ANNUM”
 

Anil k saxena wrote at 08-04-2015 6:54 pm:

 DELHI COURT CASE
Anil K Saxena
LATEST POSITION OF W.P.1975 OF 2013

On 8th April 2015 when our case was being heard, it was pointed by our Advocates that the Bank has framed SBI Employees Pension Fund Regulation 2014 superceding SBI Pension Fund Rules 1955 with retrospective effect from 01-07-1955 and notified in the Gazette of GOI on 15-09-2014. It is therefore necessary to change our prayer accordingly. Our Advocates filed an application to change the prayers. This application was listed on 8th April 2015. Our Advocates requested the court for early hearing of the case. Court said that they are aware of the position and posted the hearing of our Application to 6-05-2015 asking our Advocates to file our W.P with amended prayers. Our Advocates will arrange to file our revised W.P very soon.

Next date of hearing is 6th May 2015
 
Comment: Dear Anil,

You are right about the status of our case. It will continue to figure in the list regularly, It is expected to come up for hearing on 6th May, 2015.

n.Subramanian (Website) wrote at 08-04-2015 5:11 pm:

 DELHI COURT CASE
The case came up for hearing on 8th as the second time and the court dissatisfied with the affidavit filed asked the Fedn to resubmit the same corrected on or before 30th April adjourning the case for further hearing on 8th May.
 

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