2ND OPTION FOR PENSION FOR COMPULSORILY RETIRED OFFICERS/ EMPLOYEES- IBA

2nd Option for Pension for Compulsorily Retired Officers/ Employees- IBA Indian Banks’ Association   HR & INDUSTRIAL RELATIONS No...

2nd Option for Pension for Compulsorily Retired Officers/ Employees- IBA

Indian Banks’ Association 

HR & INDUSTRIAL RELATIONS

No.HR&IR/CIR/G2/BRK/4684
March 16, 2018

Chief Executives of Member Banks which
are parties to the Bipartite Settlement

Dear Sir/Madam,

2nd Option of Pension for Compulsorily Retired Officers/Employees 

The United Forum of Bank Unions (UFBU) representing workmen and officers in Banks were requesting to allow another option to those who were in the service of the Banks prior to 29th September, 1995 in case of Nationalized Banks / 26th March, 1996 in case of Associate Banks of State Bank of India and continued in service on or after that date and did not opt for pension when offered as per the scheme. 

2. After holding various rounds of discussions in the matter, consensus was arrived at between the parties and a Bipartite Settlement/Joint Note was signed on 27.4.2010 to extend another option of pension to those Workmen / Officers who:- 

(a) were in the service of the Bank prior to 29‘h September, 1995 in case of the Nationalised Banks/26th March, 1996 in case of Associate Banks of State Bank of India and continue in service of the Bank on the date of signing above mentioned Bipartite Settlement/Joint Note; 

(b) exercise an Option in writing within 60 days from the date of offer, to become a member of the Pension Fund and 

(c) authorise the Trust of the Provident Fund of the Bank to transfer the entire contribution of the Bank along with interest accrued thereon to the credit of the Pension Fund. In addition, the individual employee/officer has to pay @ 2.8 times of the revised pay for the month of November 2007. 

(d) were in service of the Bank prior to 29th September 1995 in case of Nationalised Banks/26th March 1996 in case of Associate Banks of State Bank of India and retired after that date and prior to the date of above mentioned Bipartite Settlement/Joint Note i.e. 27.04.2010; 

(e ) exercise an option in writing within 60 days from the date of offer to become a member of the pension fund and, 

(f) refund within 30 days after expiry of the said period of 60 days, the entire amount of the Bank’s contribution to the Provident Fund and interest accrued thereon received by the employee/officer on retirement together with the payment over and above the said amount at 56% of the amount. 

3. Families of above mentioned employees / officers were also made eligible for said option subject to refund of Bank’s contribution to the Provident Fund received by them as mentioned in point (i) above. 

4. 2nd option of Pension was, however, not made available to the employees/officers who were compulsorily retired by the Bank. As such, some of these aggrieved employees/officers approached different Hon’ble High Courts seeking relief in the matter. Various Hon’ble High Courts viz Andhra, Madras, Madhya Pradesh, Punjab & Haryana and Patna have ruled in favour of the employees/officers who were compulsorily retired. However Hon’ble Delhi High Court has taken a contrary view on the technical ground. 

5. The matter was placed before the Standing Committee on HR of IBA in its meeting held on 07.12.2017. After deliberations, the committee recommended to place the matter before the Managing Committee of IBA. Accordingly, the matter was put up to the Managing Committee of IBA in its meeting held on 29.12.2017. The committee advised to seek legal opinion on the judgements as to whether 2nd option of pension may be allowed to all ex-officers/ex-employees who were compulsorily retired from Bank’s service between 29.09.1995 to 27.04.2010 or only selectively to those who approached the Bank for the same. 

6. The legal opinion from Shri S.D. Kelkar, Senior Partner, Kelkar & Associates whose services have been engaged in IBA as retainer, was obtained in the matter. His opinion is as under 

“Having considered the decisions rendered by the Hon’ble High Courts of Andhra Pradesh, Madras, Madhya Pradesh, Punjab & Haryana, Patna which have ruled in favour of the employees/officers who were compulsorily retired by way of punishment on the ground that they are covered by the Joint Note as well as decision of the Hon’ble Delhi High Court which has taken a contrary view on the technical ground and the fact that SLPs preferred against the judgments of the High Courts which had ruled in favour of the employees were dismissed, though such dismissal cannot be considered as law laid down by, the SC, we are of the considered view that the banks are bound to give 2“! option to all the employees/ officers who were compulsorily retired and who fall within the ambit of the Joint Note to exercise 2nd option for the following reasons:- 

  • The Joint Note does not distinguish between voluntary retirement, superannuation, premature retirement, compulsory retirement. 
  • Even the employees/ officers who are compulsorily retired by way of punishment are eligible for pension under the pension regulations. 
  • Banks being “State” within the ambit of Article 12 of the Constitution of India should act in a fair and reasonable manner and should not restrict it only those who demand it. Such stand, if any, adopted by the banks may invite strictures from the Courts." 

7. The views of the Legal Retainer of IBA were placed before the Managing Committee of IBA in its meeting held on 25.01.2018. The committee after deliberation concurred with the legal opinion placed before it and advised to inform all PSBs accordingly. The exact modus operandi of the extension of 2nd option to compulsorily retired employees/officers was to be worked out in discussions with GMs (HR) of PSBs to decide on a uniform methodology which will stand scrutiny of court. 

8. To work out the methodology in this regard, a meeting of the GMs (HR) was convened on 28.02.2018 at IBA. After detailed discussions, a consensus has been arrived at to extend the option of pension to compulsorily retired employees/officers on same terms & conditions as are mentioned in Bipartite Settlement/Joint Note dated 27.04.2010. As per the agreed terms conditions of said Bipartite Settlement/Joint Note, Pension/Family Pension shall be payable with effect from 27th November, 2009, provided that employees/officers who are compulsorily retired after that date shall get pension from the respective dates of such retirement. Court cases, if any, in the matter may be withdrawn forthwith. 

9. Please do the needful accordingly. 

Yours faithfully,

Sd/-
B Raj Kumar
Deputy Chief Executive

Source:-Click to view/Download IBA Circular

COMMENTS

Name

29TH SCOVA MEETING,3,30TH SCOVA MEETING,2,3RD PRC,1,5TH PAY COMMISSION,7,6TH PAY COMMISSION,17,7TH CPC,48,7TH CPC ALLOWANCES,139,7TH CPC ARREARS,11,7TH CPC HIGHLIGHTS,1,7TH CPC MEETING,9,7TH CPC MEMORANDUM,2,7TH CPC NEWS,95,7TH CPC NOTIFICATION,125,7TH CPC PENSION CALCULATOR,2,7TH PAY COMMISSION,1218,AADHAAR,27,AADHAAR NUMBER,15,AADHAR CARD,6,AAM AADMI BIMA YOJANA,1,ABOLISH INTERVIEW,6,ABOLISH POSTS,2,ACCIDENTAL DEATH,1,ACCOMMODATION,14,ACCOUNTS CADRE,5,ACCOUNTS OFFICER,5,ACCOUNTS STOCK VERIFIERS,2,ACP,7,ACR,5,AD-HOC APPOINTMENT,1,AD-HOC BONUS,15,ADDITIONAL ALLOWANCE,2,ADDITIONAL HRA,2,ADDITIONAL PAY,1,ADDITIONAL PENSION,7,ADVANCE AGAINST PLB,1,ADVANCE SALARY,2,ADVANCES,11,AFFDF,1,AGE LIMIT,4,AGE RELAXATION,1,AGENCY COMMISSION,1,AIBEA,7,AIBOA,2,AIBOC,2,AICPIN,33,AIDEF,2,AIR FORCE STAFF,11,AIR TICKET,18,AIR TRAVEL,38,AIRF,63,AIS,17,AIS (DCRB) RULES,5,ALLOWANCE COMMITTEE REPORT,2,ALLOWANCES,320,ANNUAL ALLOWANCE,2,ANNUAL REPORT ON PAY & ALLOWANCES,3,ANOMALIES,62,ANOMALY COMMITTEE,44,ANUBHAV,9,APAR,27,APPOINTMENT,6,APPRENTICES,4,APY,6,ARM,1,ARMED FORCES,71,ARMED FORCES PENSIONERS,51,ARMY ORDNANCE CORPS,1,ARMY ORDNANCE CORPS (AOC),3,ARMY STAFF,20,ARREARS,20,ARTISAN STAFF,3,ASO,6,ASSAM RIFLES,1,ATAL PENSION YOJANA,8,ATS,1,AUDIT & ACCOUNT ASSOCIATION,2,AUDIT EMPLOYEES,4,AUTONOMOUS BODIES,33,AYUSH HOSPITALS,2,BACKLOG VACANCIES,1,BANK,26,BANK ACCOUNT,4,BANK BIPARTITE NEWS,22,BANK EMPLOYEES,56,BANK EMPLOYEES NEWS,31,BANK EMPLOYEES WAGE REVISION,28,BANK HOLIDAYS,3,BANK PENSIONERS,5,BANKING FACILITY,1,BASIC SALARY,4,BCA,1,BDPA,1,BEFI,1,BHAVISHYA,6,BIOMETRIC ATTENDANCE,10,BIS,1,BLACK DAY,1,BONUS,70,BONUS ARREAR,1,BONUS CEILING,13,BONUS ORDER 2016,2,BONUS ORDER 2017,13,BPEF,1,BPMS,44,BPS,18,BREAKDOWN ALLOWANCE,1,BSF,1,BSF EMPLOYEES,3,BSNL,12,BSNL EMPLOYEES,6,BSNL PENSIONERS,6,BUDGET,23,BUDGET 2016- 2017,10,BUDGET 2017- 2018,4,BUDGET 2018- 2019,6,CAA,7,CADRE,1,CADRE FIXATION,1,CADRE RESTRUCTURING,29,CADRE REVIEW,22,CANTEEN FACILITIES,12,CAPF,11,CASH HANDLING ALLOWANCE,1,CASTE,3,CASTE CERTIFICATES,2,CASUAL LABOURERS,13,CASUAL LEAVE,4,CASUAL WORKERS,3,CASUALTY PENSION,5,CAT,5,CAT ORDER,5,CBDT ORDERS,8,CBEC,3,CCL,2,CCS,1,CCS (CC&A) RULES,16,CCS (CR) 1964,2,CCS (EOP) RULES,6,CCS (LEAVE) RULES,8,CCS (LTC) RULES 1988,14,CCS (PENSION) RULES 1972,21,CCS (RP) RULES 2008,6,CCS (RP) RULES 2016,33,CDS (RP) RULES 2016,3,CENSUS,1,CENTRAL GOVERNMENT EMPLOYEES,144,CGA,10,CGDA,46,CGEGIS SCHEME,11,CGEPHIS SCHEME,1,CGHS,68,CGHS AGARTALA,1,CGHS AIZAWL,1,CGHS AREAS,1,CGHS BENEFICIARY,7,CGHS BHOPAL,2,CGHS CARD,4,CGHS CONTRIBUTION,5,CGHS DELHI,1,CGHS HOSPITALS,11,CGHS IMPHAL,1,CGHS RATES,8,CGHS RULES,1,CGLE,1,CHARGE SHEET,1,CHARTER OF DEMANDS,70,CHILD CARE LEAVE,10,CHILDREN EDUCATION ALLOWANCE,18,CHILDREN FARE,2,CHS,4,CISF,1,CIVIL ACCOUNTS EMPLOYEE,8,CIVILIAN EMPLOYEES,6,CLERICAL CADRE,5,CMS,1,COMMENTS,1,COMMERCIAL DUTY ALLOWANCE,1,COMMERCIAL EMPLOYMENT AFTER RETIREMENT,3,COMMITTEE ON 07TH CPC,1,COMMITTEE ON OROP,5,COMMUTED LEAVE,1,COMMUTED PENSION,6,COMPASSIONATE APPOINTMENT,10,COMPENSATION,4,COMPPASSIONATE APPOINTMENT,16,COMPULSORY RETIREMENT,5,COMPUTER ADVANCE,1,CONCORDANCE TABLES,21,CONDIMENT ALLOWANCE,1,CONFEDERATION,118,CONFERENCE,3,CONTRACT LABOUR,17,CONTRACT WORKERS,7,CONVEYANCE ALLOWANCE,2,COURT CASES,7,COURT ORDER,15,CPAO,64,CPENGRAMS,1,CPF PENSIONERS,6,CPI,22,CPI INDEX,16,CPI- IW,14,CPMF,3,CPSE,35,CPSE EMPLOYEES,31,CS (MA) RULES 1944,4,CSCS,10,CSD,14,CSD CANTEEN FACILITIES,8,CSS,45,CSSS,21,CTG,5,CVO,3,CYCLE MAINTENANCE ALLOWANCE,3,DA,94,DA JANUARY 2016,5,DA JANUARY 2017,5,DA JANUARY 2018,12,DA JULY 2015,1,DA JULY 2016,10,DA JULY 2017,6,DA MERGER,59,DAD PERSONNEL,1,DAILY ALLOWANCE,6,DATA ENTRY OPERATOR,2,DATA PROCESSING ASSISTANTS,1,DATE OF NEXT INCREMENT,4,DE-EMPANELMENT,1,DEARNESS ALLOWANCE,78,DEARNESS RELIEF,31,DEATH BENEFITS,11,DEATH-CUM-RETIREMENT,6,DECEASED EMPLOYEES,4,DECLARATION OF ASSETS & LIABILITIES,5,DEDUCTION,8,DEFENCE,312,DEFENCE CIVILIAN EMPLOYEES,30,DEFENCE CIVILIANS,14,DEFENCE EMPLOYEES,176,DEFENCE INDUSTRIAL ESTABLISHMENTS,5,DEFENCE PENSION,8,DEFENCE PENSIONERS,101,DELEGATION OF POWERS,3,DEPARTMENT CANTEEN,1,DEPARTMENTAL INQUIRIES,4,DEPARTMENTAL PROMOTION COMMITTEES,2,DEPENDENTS,1,DEPENDENTS OF DECEASED,5,DEPUTATION,9,DEPUTATION ALLOWANCE,5,DEPUTATION OF EMPLOYEES,5,DEPUTY SECRETARY,5,DESW,40,DHARNA,14,DIABETES,1,DIEM/HALTING ALLOWANCE,1,DIGITAL SIGNED PENSION,4,DIGITALIZATION,1,DIRECTORATE OF ESTATES,1,DISABILITY,36,DISABILITY PENSION,39,DISABLE EMPLOYEE,11,DISABLED CHILDREN,8,DISBURSEMENT OF PENSION,7,DISCIPLINARY PROCEEDINGS,4,DIVORCED DAUGHTER,5,DOCTORS,3,DOMESTIC WORKERS,2,DOP&PW,24,DOPT,317,DOPT 2015,1,DOPT 2016,51,DOPT 2017,97,DOPT 2018,21,DOT,1,DR,37,DRAFTSMAN,4,DRESS ALLOWANCE,9,DSC,2,DUTY HOURS,1,e-NPS,2,E-OFFICE,1,E-PAYMENT,1,E-REVISION,6,ECHS,17,ECHS HOSPITALS,3,ECHS SUBSCRIPTION,2,EDP CADRE,2,ELECTION,6,ELECTION HOLIDAY,1,EMPANELLMENT,11,ENGINEERS,9,EPF,16,EPFO,28,EPS,6,ESIC,8,EX-GRATIA,8,EX-GRATIA COMPENSATION,3,EX-SERVICEMEN,244,EXECUTIVE ASSISTANT,1,EXIT & WITHDRAWAL,4,EXPECTED DA,42,EXPECTED DA BANK EMPLOYEES,2,EXPECTED DA JAN 2017,6,EXPECTED DA JAN 2018,6,EXPECTED DA JULY 2016,1,EXPECTED DA JULY 2017,5,EXPECTED DA JULY 2018,2,EXPECTED DA/DR,7,EXPECTED FAMILY PENSION,3,EXPECTED PENSION,1,EXPENDITURE ALLOCATION,3,EXTENSION,4,EXTENSION EMPANELMENT,1,EXTRA WORK ALLOWANCE,2,FACILITIES TO MP,1,FAMILY PENSION,70,FAMILY PENSIONER,151,FAMILY PLANNING ALLOWANCE,4,FAQ,5,FESTIVAL ADVANCE,3,FIN MIN ORDER,98,FINANCE BUDGET,8,FINANCE COMMISSION,2,FIRE ENGINEE DRIVER,1,FISCAL DEFICIT,9,FITMENT FACTOR,53,FIVE DAY WEEK,2,FIXED MONETARY COMPENSATION,1,FLEXI FARE,1,FMA,15,FNPO,1,FOREIGN VISIT,4,FORM 15G & 15H,1,FORM 25,1,FORMS,5,FR 15(A),1,FREEDOM FIGHTER PENSION,5,FULL PENSION,6,FUNDAMENTAL RULES,1,GALLANTRY AWARDS,6,GAZETTE,1,GAZETTE NOTIFICATION,6,GDCE,1,GDS,33,GDS COMMITTEE,8,GDS COMMITTEE REPORT,12,GENERAL POOL,4,GFR,5,GOVERNMENT HOLIDAYS CALENDAR,9,GOVT TOUR,14,GPF,22,GPF (CS) RULES 1960,2,GPF GRIEVANCE,1,GPF WITHDRAWALS,2,GPRA,6,GRADE I,2,GRADE PAY,26,GRADE PAY MERGER,14,GRADE PAY UPGRADATION,8,GRAMIN DAK SEWAKS,35,GRATUITY,17,GRIEVANCES,7,GROUP A,20,GROUP B,12,GROUP C,24,GROUP D,20,GROUP INSURANCE,11,GST,2,GUARANTEE WORK,1,HARD AREA ALLOWANCE,2,HARDSHIP DUTY ALLOWANCE,2,HBA,4,HEALTH & MALARIA ALLOWANCE,1,HEALTH CHECK UP,2,HEALTH INSURANCE SCHEME,1,HEALTH SCHEME,4,HELPER,1,HIERARCHY,10,HIGH ALTITUDE ALLOWANCE,1,HIGH COURT,5,HIGHER QUALIFICATION INCENTIVE,1,HIRING APPRENTICES,1,HIRING STAFF CARS,1,HOLIDAY OVERTIME,1,HOLIDAYS,22,HOLIDAYS 2016,1,HOLIDAYS 2017,3,HOLIDAYS 2018,4,HOLIDAYS FOR YEAR 2016,3,HOME LOAN,1,HONORARIUM,3,HOSTEL ALLOWANCE,7,HOUSE,6,HOUSE ADVANCE,4,HOUSE RENT ALLOWANCE,19,HOUSING LOAN INTEREST,1,HPCA,7,HRA,116,IAF PENSIONERS,1,IAS OFFICERS,9,IBA,12,IDA,4,IDENTITY CARD,5,IESM,2,IFS,1,IMMOVABLE PROPERTY RETURNS,3,IMPLEMENTATION CELL,8,INCENTIVES,4,INCOME TAX,24,INCOME TAX COMPLIANCES,1,INCOME TAX RETURN,4,INCOME TAX RETURNS,1,INCREMENT,20,INDUSTRIAL CIVILIAN EMPLOYEES,1,INDUSTRIAL TRADES,2,INDUSTRIAL WORKERS,6,INDWF,6,INFLATION,3,INJURY LEAVE,1,INQUIRY,2,INTER CADRE DEPUTATION,7,INTER CADRE TRANSFER,7,INTEREST RATES,16,INTERIM RELIEF,47,INTERIM REPORT,15,IPR,3,IPS OFFICERS,2,IRCTC,4,IRSA,1,IRTSA,12,ISLAND SPECIAL DUTY ALLOWANCE,2,IT EXEMPTION LIMIT,13,JCA,1,JCM,13,JEEVAN PRAMAAN,11,JSA,1,KENDRIYA VIDYALAYA SANGATHAN,8,KISAN VIKAS PATRA,1,KVS,12,KVS ADMISSION,2,KVS EMPLOYEES,10,KVS ORDERS,26,LAB TECHNICIAN,3,LABOUR CONFERENCE,5,LABOUR LAWS,8,LARSGESS,3,LAW OFFICERS,1,LDC,4,LDC & UDC,11,LDCE,1,LDCE/GDCE,1,LEAVE,23,LEAVE ENCASHMENT,8,LEAVE RULES,3,LEAVE SALARY,3,LIEUTENANT,1,LIFE CERTIFICATE,26,LIFTING BAN,1,LINK PAY WITH PRODUCTIVITY,2,LOCO & TRAFFIC RUNNING STAFF,1,LOCO INSPECTOR,2,LOCO PILOTS,4,LOK SABHA QUESTIONS,80,LOKPAL & LOKAYUKTAS ACT 2013,3,LTC,54,LTC FARES,3,LTC PROCEDURE,4,MACP,88,MARTYRED SOLDIERS,8,MATERNITY BENEFITS,9,MATERNITY LEAVE,13,MEDICAL,11,MEDICAL ALLOWANCE,3,MEDICAL ASSISTANT,2,MEDICAL INSTITUTES,1,MEDICAL OFFICERS,10,MEDICAL REIMBURSEMENT,4,MEDICAL TREATMENT,1,MEDICLAIM,3,MEMORANDUM,3,MEMORANDUM TO 7TH PAY COMMISSION,15,MERGER OF POSTS,4,MES,1,MIDDLE- CLASS PEOPLE,1,MILEAGE ALLOWANCE,1,MILITARY FARMS,1,MINIMUM ENTRY PAY,4,MINIMUM PENSION,33,MINIMUM WAGE,123,MINISTERIAL STAFF,5,MLA,1,MNS,1,MOH&FW,11,MONOTERING,1,MP,5,MSP,10,MTNL,2,NAC,56,NATIONAL COMMISSION,1,NATIONAL HOLIDAY ALLOWANCE,3,NATIONAL PENSION SYSTEM,32,NAVY EMPLOYEES,11,NAVY INDUSTRIAL EMPLOYEE,1,NAVY STAFF,8,NCJCMSTAFF,90,NEGP,1,NEW PENSION SCHEME,46,NEW RECRUITERS,3,NEWSPAPER REIMBURSEMENT,1,NFIR,137,NFPE,9,NFSG,2,NIGHT DUTY ALLOWANCE,14,NITI AAYOG,1,NJCA,12,NODAL OFFICERS,2,NON-MONETARY BENEFITS,1,NON-PRODUCTIVITY LINKED BONUS,4,NOTIFICATION,35,NPA,7,NPS,119,NRMU,3,NURSING ALLOWANCE,3,NURSING PERSONNEL,6,OBC,6,OFB,14,OFFICERS,4,OFFICIAL DUTY,1,OLD PENSION SCHEME,8,ONE RANK ONE PENSION,6,ORDNANCE FACTORY,19,OROP,191,OROP TABLE,4,OVERTIME ALLOWANCE,11,PAID LEAVE,5,PAN,7,PAO,2,PAPER LESS WORK,1,PARAMILITARY FORCES,6,PARLIAMENT ASSISTANT,1,PASSPORT,1,PATERNITY LEAVE,1,PAY ANOMALY,29,PAY BAND,2,PAY COMMISSION,26,PAY COMMISSION MEETING,19,PAY COMMISSION RECOMMENDATIONS,486,PAY COMMISSION REPORT,105,PAY COMMISSION VISIT,6,PAY FIXATION,96,PAY MATRIX,32,PAY SCALE,23,PAY STRUCTURE,23,PBOR,14,PCA,8,PCAFYS,30,PCDA,72,PCDACC,6,PCO ALLOWANCE,1,PENALTY,6,PENSION,328,PENSION ACT,1,PENSION ADALAT,4,PENSION ARREARS,7,PENSION BENEFITS,2,PENSION BILL,2,PENSION CALCULATOR,2,PENSION CASES,15,PENSION CLAIM,1,PENSION DISBURSEMENT,1,PENSION FORMS,1,PENSION GRIEVANCE,9,PENSION PROCEDURE,6,PENSION REVISION,170,PENSION SCHEME,3,PENSIONER PORTAL,47,PENSIONERS,319,PENSIONERS ASSOCIATION,5,PENSIONERS' ASSOCIATION,19,PENURY,2,PERFORMANCE BASED INCREASE,1,PERFORMANCE BASED PAY,6,PERFORMANCE BONUS,2,PERSONAL ASSISTANT,1,PERSONS WITH DISABILITIES,6,PF,8,PF WITHDRAWAL,5,PFRDA,26,PHARMACISTS,10,PIB,11,PLB,34,PMJDY,1,PMVVY,1,PORT & DOCK EMPLOYEES,2,POST 2016 PENSION,1,POST GRADUATE ALLOWANCE,2,POST OFFICE,3,POST- 2006 PENSION,1,POST- 2016 PENSIONERS,7,POSTAL DEPARTMENT,46,POSTAL EMPLOYEES,57,POSTAL ORDERS,46,POSTS,3,POSTS UPGRADATION,9,PPF,7,PPO,25,PRAN,1,PRCP,1,PRE 2016 PENSION,6,PRE- 1990 PENSIONERS,1,PRE- 1996 PENSION,3,PRE- 2006 PENSION,54,PRE- 2006 PENSIONERS,20,PRE- 2016 PENSIONERS,88,PRE- RETIREMENT EMPLOYEES,4,PRE-RETIREMENT COUNSELLING,1,PREMIUM TRAINS,3,PRESS RELEASE,2,PRIVATE AIR TRAVEL,5,PRIVATE SECRETARY,1,PRIVATISATION,1,PROBATION,1,PRODUCTIVITY LINKED BONUS,8,PRODUCTIVITY LINKED REWARD,4,PROFESSIONAL UPDATE ALLOWANCE,1,PROJECT ALLOWANCE,2,PROMOTION,51,PROMOTION POLICY,2,PROMOTION QUOTA,1,PROPERTY RETURNS,7,PROTEST,8,PROVIDENT FUND,28,PROVISIONAL PENSION,4,PRP,3,PSU,10,PUBLIC HOLIDAY,10,QUALIFICATIONS,1,QUALIFYING SERVICE,9,RADIOGRAPHER,1,RAIL BUDGET,2,RAIL FARES,7,RAILWAY,301,RAILWAY BOARD,195,RAILWAY BOARD ORDER,56,RAILWAY EMPLOYEES,352,RAILWAY MEETING,8,RAILWAY PASS,4,RAILWAY PASSES,1,RAILWAY PENSIONERS,24,RAILWAY QUARTER,1,RAILWAY RESERVATION,1,RAILWAY SERVANTS (PASS) RULES,5,RAILWAY TICKETS,5,RANK PARITY,1,RATION MONEY ALLOWANCE,3,RBI,9,RE-EMPLOYED,23,REBATE,1,RECEIPT AND PAYMENT RULES,4,RECOVERY,9,RECOVERY WRONGFUL OR EXCESS PAYMENTS,8,RECRUITMENT,46,RECRUITMENT PROCESS,3,RECRUITMENT RULES,20,REDUCE STAFF,1,REFUND,2,REGULATORY BODIES,1,RELHS,1,RENT DEDUCTION,1,RESEARCH,1,RESERVATION,12,RESERVATION FOR PROMOTION,4,RESERVE CATEGORY,1,RESIGNATION,3,RESTORATION OF PENSION,11,RETIRED DEFENCE CIVILIANS,19,RETIRED DEFENCE PERSONNEL,39,RETIRED EMPLOYEES,40,RETIRED OFFICERS AS INQUIRY OFFICERS,2,RETIRED RAILWAY EMPLOYEES,11,RETIREMENT,14,RETIREMENT ADVISER,1,RETIREMENT AGE,36,RETIREMENT BENEFITS,20,RETIREMENT PLANNING,1,REVISION OF PAY,35,REVOKING SUSPENSION,1,RFD,1,RISK & HARDSHIP,1,RISK & HARDSHIP MATRIX,2,RISK ALLOWANCE,9,ROTATIONAL TRANSFER,6,RPF,3,RS (PENSION) RULES,2,RS (RP) RULES 2008,2,RS (RP) RULES 2016,11,RTI,3,RUNNING ALLOWANCE,1,RUNNING ROOM FACILITIES,1,RUNNING STAFF,15,SAFETY STAFF,5,SALARIED EMPLOYEE,4,SALARY ADVANCE,8,SALARY ARREARS,2,SALARY DISBURSEMENT,4,SALARY HIKE,15,SANKALP,2,SC,9,SCALE FIXATION,1,SCIENTIST NEWS,3,SCOVA,13,SCOVA MEETING,4,SCOVA MEETINGS,12,SCRA,1,SCRAP NPS,14,SDBS,1,SEARCH COMMITTEE,1,SECRETARY,2,SECTION 80DDB,1,SECTION OFFICERS,4,SELF CERTIFICATION,1,SENIOR CITIZEN,10,SENIOR CITIZENS,6,SENIOR CLERK,1,SERVICE BOOK,7,SERVICE MATTER,19,SERVICE RULES,6,SEVENTH PAY COMMISSION,417,SEXUAL HARASSMENT,7,SHORTAGE OF STAFF,3,SHUNTING DUTY ALLOWANCE,1,SITTING FEES,1,SMALL SAVINGS SCHEMES,11,SMALL TAX PAYERS,1,SOLDIERS,9,SPARROW,5,SPECIAL ALLOWANCE,8,SPECIAL CASUAL LEAVE,1,SPECIAL COMPENSATORY (HILL AREA) ALLOWANCE,2,SPECIAL DUTY ALLOWANCE,3,SPECIAL LEAVE,1,SPECIAL PENSION,3,SPECIAL TRAIN CONTROLLER ALLOWANCE,1,SPLIT DUTY ALLOWANCE,1,SPORTS PERSONS,1,SSA,1,ST,4,STAFF BENEFIT FUND,1,STAGNATION,1,STANDARD DEDUCTION,2,STATE GOVERNMENT EMPLOYEES,47,STATE GOVERNMENT PENSIONERS,10,STENOGRAPHERS,8,STEPPING UP OF PAY,2,STIPEND,3,STOP PRIVATIZATION,1,STORE KEEPING STAFF,2,STORE PHARMACIST,2,STRIKE,64,SUKANYA SAMRIDDHI ACCOUNT,5,SUMPTUARY ALLOWANCE,3,SUPERANNUATION,12,SUPERVISOR,12,SUPREME COURT,4,SUSPENSION,4,SUSPENSION HOSPITALS,3,SWEEPERS,1,SWITCHING OVER 6TH PAY COMMISSION,1,TA CLAIMS,2,TA RULES,11,TAX BENEFITS,4,TAX RATES,2,TAX RELIEF,4,TDS,1,TEACHERS,4,TEACHERS NEWS,2,TEACHING STAFF,3,TECHNICAL RESIGNATION,1,TECHNICIAN,2,TELEPHONE FACILITIES,1,TENURE ALLOWANCE,3,TERMS OF REFERENCE OF 7TH PAY COMMISSION,5,TERRITORIAL ARMY ALLOWANCE,1,THIRD PAY REVISION COMMITTEE,6,TOUGH LOCATION ALLOWANCE,4,TRACK MAINTAINERS,3,TRACKMEN,2,TRAINEES,2,TRAINING,9,TRAINING ALLOWANCE,3,TRAINS,2,TRANSFER,19,TRANSFER POLICY,16,TRANSPORT ALLOWANCE,26,TRAVELLING,5,TRAVELLING ALLOWANCE,30,TRIP ALLOWANCE,1,UDC,3,UFBU,2,UGC,3,UNIFORM ALLOWANCE,6,UNMARRIED GOVERNMENT EMPLOYEES,1,UPSC,1,URC,4,VACANCY,8,VACATION,1,VIGILANCE CLEARANCE,1,VOLUNTARY RETIERMENT SCHEME,6,VPBY,1,VRS,3,VRS SCHEME,2,WAGE HIKE,23,WAR INJURY PENSION,6,WASHING ALLOWANCE,5,WELFARE FACILITIES,9,WITHDRAWAL HOSPITALS,1,WOMEN EMPLOYEES,14,WORKING DAYS,1,WORKING HOURS,4,WORKSHOP,2,X BP SETTLEMENT,4,XI BP SETTLEMENT,13,YOGA,1,सातवाँ वेतन आयोग,6,
ltr
item
CENTRAL GOVT EMPLOYEES & PENSIONERS NEWS: 2ND OPTION FOR PENSION FOR COMPULSORILY RETIRED OFFICERS/ EMPLOYEES- IBA
2ND OPTION FOR PENSION FOR COMPULSORILY RETIRED OFFICERS/ EMPLOYEES- IBA
CENTRAL GOVT EMPLOYEES & PENSIONERS NEWS
http://www.paycommissions.in/2018/03/2nd-option-for-pension-for-compulsorily-retired-officers-employees-iba.html
http://www.paycommissions.in/
http://www.paycommissions.in/
http://www.paycommissions.in/2018/03/2nd-option-for-pension-for-compulsorily-retired-officers-employees-iba.html
true
1672749554628866771
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy