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Monday, November 30, 2009

Discrepancies in One Rank One Pension Scheme

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A Committee was constituted under the Chairmanship of Cabinet Secretary to look into the issue of One Rank One Pension and other related matters. After considering all aspects of the issue, the Committee did not find it administratively feasible to recommend One Rank One Pension, as such. However, several other recommendations to substantially improve pensionary benefits of Personnel Below Officer Rank (PBOR) and Commissioned officers have been made, which have been accepted by the Government:-

(i) Inclusion of Classification Allowance for PBOR from Jan 01, 2006.

(ii) Removal of linkage of full pension with 33 years from Jan 01, 2006.

(iii) Revision of Lt Gen Pension after carving out a separate pay scale for them.

(iv) Bringing parity between pension of pre and post October 10, 1997 PBOR pensioners.

(v) Further improving PBOR pensions based on award of GOM, 2006. (vi) Broadbanding of percentage of disability/war injury pension for pre Jan 01, 1996 disability/war injury pensioners.

(vii) Removal of cap on war injury element of pension in the case of disabled pensioners belonging to Category ‘E’.

Recommendations at (i) and (ii) stand implemented by issue of Government letter dated October 30, 2009.

This information was given by Minister of State for Defence Shri MM Pallam Raju in a written reply to Smt Sushma Swaraj and others in Lok Sabha today.

Revision of eligibility for NOAPS, NFBS and NMBS

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The scope of National Old Age Pension Scheme(NOAPS) has been widened and the scheme has been renamed as Indira Gandhi National Old Age Pension Scheme (IGNOAPS) w.e.f. 19.11.2009 by revising the eligibility criteria from ‘a person of 65 years old and destitute’ to ‘a person of 65 years old and belonging to a family living below poverty line according to the criteria prescribed by the Government of India’. There is no proposal to modify the eligibility criteria under National Family benefit Scheme (NFBS). National Maternity Benefit Scheme (NMBS) was transferred to Ministry of Health and Family Welfare w.e.f. 1.4.2001.

IGNOAPS and NFBS, among others, are part of National Social Assistance Programme(NSAP) and have been transferred to State Plan since 2002-03 and funds are released as a combined allocation for all the schemes of NSAP together. State-wise allocation and releases during the year 2008-09 under NSAP is at Annexure.

The Minister of State in the Ministry of Rural Development, Shri Pradeep Jain ‘Aditya’ informed the Lok Sabha today.

IBA agrees on second pension option, wage hike

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Indian Banks' Association (IBA) today said it has reached a broad agreement with bank unions to provide one more pension option and a salary hike, ending the 2-year-long stand-off between the two.

"We have reached a broad agreement with representatives of bank unions. It has been decided that one more option for pension and a salary hike of 17.5 per cent will be given to the employees," IBA Chief Executive K Ramakrishnan told PTI.

The agreement was reached at a meeting between top IBA officials, including Chairman M V Nair and IBA Chief Executive K Ramakrishnan and representatives of all nine bank employees unions.

A second option for pension will benefit nearly 2.72 lakh serving employees and around 60,000 retired employees, IBA said.

As per the understanding, bank managements will pay 70 per cent towards the difference in actuarial cost while the balance 30 per cent will be borne by the employees.

IBA and bank unions are expected to sign the final agreement in the next few months.
Source:PTI

SBI union rejects new wage pact

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The All-India State Bank Officers Federation (AISBOF) on Saturday rejected the proposed 17.5 percent wage hike and pension benefits and demanded a separate wage revision for them.

"We do not agree with the proposed salary hike for bank employees. The SBI employees demand that the increase should be at par with the salary of the Central government employees," AISBOF vice-president SK Haldar said here.

The Indian Banks Association (IBA) and United Federation of Banking Unions (UFBU) representing nine bank employee associations had agreed to the wage hike and pension benefits after a prolonged discussion in Mumbai yesterday.

Haldar, who was here to attend the zonal conference of the SBI Officers Association, said AISBOF will decide its future course of action on Tuesday.

The three lakh SBI employees are ready for an indefinite strike to demand a separate wage revision at par with Central government employees, he added.
Source: Indian Express



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