Category Archives: Pension

60: 40 issue connected with Pension payment of BSNL Retirees

11 Thursday Jun 2015

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As per an RTI received, the pension payment of BSNL retirees was less than 60% of  the various payments like dividend, tax etc.paid by BSNL to DOT till the financial year 2009-2010. From 2010-11 onwards, the pensions payment is more than 60% of the payments made by BSNL.

This is one of the reasons why the DOT was delaying the preparation of the Cabinet note on 78.2% IDA  pension fixation. However, now the cabinet note is prepared and is being forwarded to the nodal departments for approval, after which the same will be submitted to Cabinet.

 

 

Compassionate Appointment can not be denied due to passage of time – Supreme Court.

26 Tuesday May 2015

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The Supreme Court in an important judgment has stated that the right of compassionate appointment cannot be denied on the plea that some years have passed. This judgment was given by Justices R.Banumathi and TS Thakur directing Canara Bank to consider the claim of the petitioner according to its scheme which existed in 1993, when the official expired. The Bank was denying compassionate appointment on the plea that the rules have been changed afterwards. (Courtesy: Business Line)

One Rank One Pension for Armed Forces cleared by Cabinet

18 Monday May 2015

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The Central Government has cleared the ‘One Rank One Pension’ Scheme for the army personnel, which is a long pending demand of the armed forces. This is good news. An additional provision of Rs. 8,300 crores  have been made for this purpose.

OROP Scheme should be made applicable to the civil pensioners also. The Pensioners organisations have been making this demand for long.

 

Meeting with Communications Minister on BSNL Pensioners issues

13 Wednesday May 2015

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Today, 13th May 2015, along with Com. Sankar Prasad Datta, Member of Parliament, Com. V.A.N.Namboodiri, Advisor, AIBDPA met Shri Ravi Shankar Prasad, Communications Minister in his office in the Parliament House and discussed in detail about certain major issues of the BSNL/DOT Pensioners. Letters were handed over  by MP as also AIBDPA  on these demands.

With regard to 78.2% IDA pension fixation, the issue was explained and it was requested that the Cabinet Note and further actions be speeded up so that the pensioners will get the relief with out further delay. The background was also explained.  It was also requested that Pension Revision should be automatic along with wage revision. Minister agreed to favourably consider both the points. Then he stated that he is getting a large number of SMS from pensioners on these issues and is it a planned action. We told that no such decision has been taken by our union, but it proves that the pensioners are restless and decision should be taken urgently.

With regard to restoration of Medical Allowance to BSNL pensioners and allotment of staff quarters at reduced rate instead of market rate, he agreed to consider the same.

The Minister stated that he has got the letter from the Forum for a meeting with him and that such a meeting will be arranged along with the DOT officers. The Minister stated that government is making all out efforts to improve the financial position of BSNL and MTNL. We pointed out that the Forum is on a Save BSNL Campaign and the unions are taking all actions for the revival. Com.Namboodiri requested that such a meeting be held early. He agreed.

The meeting was very cordial and the Minister patiently heard all our points. Thanks to Com. Sankar Prasad Datta, MP, for arranging the meeting.

 

NCCPA National Executive Meets today, 28th April 2015

27 Monday Apr 2015

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The National executive of National Co-Ordination Committee of Central Pensioners’s Association (NCCPA) will be meeting at New Delhi. This is the first meeting of the Association after the demise of legendary leader Com.S.K.Vyas, who was its Secretary General. The meeting will be held at Telegraph Place.

The Committee will discuss about attacks coming one after another against the pensioners and chalk out programme of actions to achieve the demands. The Committee also will have to find a successor to Com. Vyas, as Secretary General. At present Com. Pabitra Chakraborty, Dy. Secretary General is the Acting  Secretary General.

 

NCCPA meets tomorrow at New Delhi.

26 Sunday Apr 2015

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The All India Working Committee of the National Co-Ordination Committee of Pensioners Associations (NCCPA)  will meet at New Delhi on 27th April to discuss about organisational issues and the struggles to be organised to settle the urgent demands. The meeting will be held at Telegraph Place Quarters at 02.00 PM. This is the first meeting being held after the death of Com.S.K.Vyas, the Secretary General of the NCCPA.

78% IDA fixation of BSNL Pensioners – Meeting with Member (Services) and Member (Finance)

16 Thursday Apr 2015

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Com.V.A.N.Namboodiri, Advisor, AIBDPA met Shri N.K.Yadav, Member (Services) and Smt. Annie Moraes, Member (Finance) on the issue of 78.2% IDA fixation for BSNL Pensioners. Com.Namboodiri expressed serious unhappiness at the inordinate delay. Both agreed to speed up the preparation of the Cabinet Note. From the discussion it can be hoped that the Cabinet Note will be prepared by next week or so.

Early Settlement of Pension Cases – DOT, BSNL issue orders

12 Sunday Apr 2015

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The sustained efforts on the part of the AIBDPA with the DOT and BSNL for settling the pension cases urgently have got some results. Now the DOT and BSNL both has issued orders and directions to the CGMs/CCAs for early settlement of the  pension cases. The Circle secretaries of AIBDPA and BSNLEU are requested the pursue the case at their level so that the remaining. The orders are put in the websites of BSNLEU and AIBDPA.

BSNL issues instructions for timely payment of pension benefits

03 Tuesday Mar 2015

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AIBDPA has been continuously taking up the issue of payment of pensionary benefits at the time of retirement itself. The BSNL had issued necessary instructions also. But in many circles, these are not settled in time and the retiring employees are put to much difficulties. This was taken up with the Member (Finance).

On the day of the Parliament March by AIBDPA on 20th November 2015, the leaders of AIBDPA submitted the demands to the Secretary, DOT and had a detailed discussion with the Member (Finance) in the matter. Now the DOT has directed BSNL for timely settlement of the retirement benefits. BSNL vide its No. 40-06/2015-Pen(B) dated 02-03-2015  has indicated how the retirement settlement process should be taken.

Now it is for the CGMs and CCAs to ensure for the timely settlement. AIBDPA units should take the issue seriously and the settlement are done in time.

Do not invest EPF corpus in Equity Markets

19 Friday Dec 2014

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The Central Government is proposing to invest 15% of the Rs. 6.5 lakh corpus of the EPF funds to the private equity markets, on the plea that it will give more dividend/interest to the EPF account holders. But the real reason is something else. The private financiers have been continuously demanding that this huge EPF funds should be put in the market. Due to the strong opposition from the Central Trade Unions and the workers, the EPFO could not take such a decision, even 5% to be invested there. There is serious danger of the funds being washed away in the fluctuating markets and the account holders losing all their savings.

The new proposal, whether 5% or 15% to be investing in the market, is strongly opposed by all the unions and workers. The government should not be allowed to divert the hard earned funds of the pensioners for making profit for the private companies and losing it.