BEST WISHES TO JCO/JAWAN VETERANS LEAGUE HARYANA, FROM VOP ON THE OCCASION OF THEIR OFFICIAL LAUNCHING CEREMONY ON 07/10/2017

7th Pay Commission: Arun Jaitley won’t break promise on pay hike

After clearing the recommendations of the 7th Pay Commission, the question is will the Finance Minister of India, Arun Jaitley keep up his word on the basic minimum pay hike? Sources say that the promise made by Jaitley will not be broken. He is waiting for the reports by both the National Anomaly Committee as well as the Department of Expenditure before he takes a final decision on the matter.

 

Will Jaitley keep up his promise? 

 Sources say that Jaitley will keep up his promise on the issue relating to the hike in basic minimum pay. During the various deliberations that the Union Finance Minister has held on the issue, he has always indicated that the hike in basic pay must go through.

Will NAC meet on October 7th 

 The all important meeting of the NAC is scheduled to be held this month. The issue of a hike in basic minimum pay will taken up during this meeting. A majority vote is what Central Government employees will be expecting during this meeting. The tentative date for this meeting is October 7th.

ECoS to examine report

 Once the NAC approves the hike in basic pay to Rs 21,000 from Rs 18,000, it would be submitted to the Department of Expenditure. This would mean that the fitment factor will be raised to 3.00 from 2.57 times. The report would also be examined by by the Empowered Committee of Secretaries headed by P K Sinha who is the Cabinet Secretary. Following this the the matter would be placed before the Union Cabinet. The Cabinet meeting on the basic minimum pay is likely to be held in January.

7th Pay Commission frustration to end 

 The 7th Pay Commission only added to the frustration of the Central Government employees. It was bad for them in every respect. All CG employees are now pinning their hopes on the developments to take place in the next three months. Once the hike in basic pay is approved and the Central Government says that it would be variable in nature, then the hardships and frustration of the CG employees would reduce to a large extent.
Read more at: https://www.oneindia.com/india/7th-pay-commission-arun-jaitley-wont-break-promise-on-pay-hike/articlecontent-pf30439-2555974.html

BANK PENSION UPDATION CASES

1. In the Civil Appeal No.1942/2009 Bank of India Vs K.Mohandas, Supreme
Court has awarded landmark judgement of 5 Years notional weightage to
SVRS – Pension optees. While many Public Sector Banks implemented the
above judgement of apex court, the same has not yet been implemented
in Vijaya Bank & Associated Banks of SBI.

2. In the Civil Appeal No.6013/2011 Sheelkumar Jain Vs New India
Assurance Co. Ltd., the Supreme Court delivered judgement in favour of
the resignee through beneficial interpretation of Pension Regulations.

3. In the WP (C) 184/2011 Federation of All India SBI Pensioners’
Association Vs Union of India, the Federation has prayed for updation of
pension to SBI pensioners in line with periodical upward wage revisions of
serving employees.

4. In the Civil Appeal No.2739/2007 Uco Bank Vs Rajinderlal Kapoor, the
Apex Court has held that issuing Chargesheet to bank pensioners after
retirement on superannuation is illegal.

5. In the WP (C) No.184/2011 - Federation of All India SBI Pensioners’
Associations Vs Union of India admitted by the Supreme Court, the
Federation has prayed that:

Pension should be paid as per Pension Fund Rules calculated at 1/60th of
last average 12 months pay reckoning pension service upto a maximum of
30 years without omitting any pensionable service rendered.

HIGH COURTS:

1. In the Writ Appeal No.1209/2007 G.Palani & Others Vs Bank of Baroda,
Madras High Court delivered judgement in favour of the Pensioners
granting payment of Arrears of Pension & Commutation to those retired
between 01-04-1998 and 30-04-2005. However, Bank of Baroda
management has preferred appeal through Special Leave Petition before
the Supreme Court.

2. In WP (C) No.27929/2003 T.RVijayan Vs State Bank of India, Kerala High
Court awarded the judgement in favour of pensioner granting 100%
Neutralisation of Dearness Relief.

3. In WP No.34619/2003 Jateendranath Vs State Bank of Mysore and other
related cases in WP Nos: 19267/2003, 46601/2004 & 10514/2005,
Karnataka High Court gave judgements in favour of affected pensioners
by ordering payment of Pension/Commutation arrears to those retired
during 01-04-1998 to 30-04-2005.

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4. In D.B. Civil Special Appeal (W) No. 493/2010 LIC of India Vs Asthana,
Jaipur bench of Rajasthan High Court ordered LIC management to
implement its own Resolution and implement uniform Dearness Relief
Formula for all pensioners without any discrimination, besides updation.

5. In the WP No.37198/2001 M.C.Ratnakaran Vs Canara Bank, Kerala High
Court has ordered fixation of pension as 50% of average emoluments for
the last 10 months as defined in the statutory pension regulations and
consequent payment of arrears of Commutation/Pension from the date of
retirement till date of re-fixation.

6. In respect of WP 710/2009 Karnik Vs Reserve Bank of India it was urged
before Bombay High Court for implementation of Updation of Pension as
contained in the RBI Circular dated 01-09-2003.

7. In the Writ Petition No.26916/2010 - D.Arun Kumar & 56 Others Vs
Canara Bank, the Officers, who were denied pension option in 2010 on
account of their Voluntary Retirement from Bank’s service as per Officers’
Service Regulations, joined together and filed Writ Petition in Madras High
Court seeking justice. Also a petition was filed seeking priority hearing of
the case on grounds of litigants being Senior Citizens.

8. With regard to Writ Petition No.23522/2011 M.P.Ramachandran Rao & 31
Others Vs Canara Bank the Officers, who were denied pension option in
2010 on account of their Voluntary Retirement from Bank’s service as per
Officers’ Service Regulations, joined together and filed Writ Petition in
Karnataka High Court seeking justice. Also, it is learnt that another
petition has been filed for clubbing similar cases of Officials from various
banks for common hearing in the Karnataka High Court.