WHAT IS YOUR CONTRIBUTION FOR GETTING O.R.O.P.?

TO CALCULATE YOUR 7 CPC, DELINKING ARREARS, O.R.O.P.ETC., ARREARS AND REVISED PENSION PLEASE VISIT OUR WEBSITE: exweltrust.in

UNITY IS OUR STRENGTH

DEAR VETERANS
OUR UNITY IS VERY IMPORTANT
PLEASE HELP THE POOR JAWANS

THEY ARE MORE IN NUMBER

BRING THEM UNDER YOUR COMMAND
BY LOVE & COMPASSION
THEN YOU SEE HOW
THINGS MOVE WITH THE GOVT


PLEASE THINK IT OVER

7 CPC ORDER HAS BEEN ANNOUNCED BY GOVT.

SOME IMPROVEMENT IN PENSION FOR LOWER RANKS />
ARREARS FROM 01.07.2014.has been paid />
Minimum pension for Sep.Y15 yrs. Rs.17130 />< /> KNOW THE RATES OF DISABILITY PENSIONS

W.E.F.01.07.2014

(FOR PRE 01.01.06)(100%)
READ CDA CIRCULAR 555
Table No.76(FOR 100%)
READ CIRCULAR 555
OTHER RANKS (FOR 100%)
READ CIRCULAR 555

WAR INJURY PENSION
FOR ALL RANKS (100%)
READ CDA CIRCULAR 555

DISABILITY PENSION &
WAR INJURY PENSION
TO BE PAID WITH D.A.

CONSTANT ATTENDANCE ALLOWANCE
FOR ALL RANKS (FOR 100%)
Rs.4500/-W.E.F. 01.07.2014

MINIMUM SPECIAL FAMILY PENSION
Rs.7000/- W.E.F.01.07.2014 for 6 months service

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IT IS BETTER TO KNOW

YOUR PENSION ENTITLEMENTS THAN

YOUR LIQUOR QUOTA

HELP ALL TO GET
CORRECT PENSION FROM BANKS

REMEMBER, THAT OUR DEMAND OF

ONE RANK ONE PENSION

ACCEPTED BY GOVT.Circular issued

But Our demands are not fully accepted

OUR FIGHT CONTINUES

JOIN THE MISSION TO WIN

THERE IS NO GAIN WITHOUT PAIN

LET US FIGHT FOR JUSTICE
OROP MEANS
EQUAL PENSION
FOR EQUAL RANK
GROUP,AND SERVICE
IRRESPECTIVE OF DATE
OF RETIREMENT
WHETHER POST 01.01.2006
OR PRE 01.01.2006

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VISIT www.exweltrust.in

for calculating your OROP arrears

DUAL FAMILY PENSION AGREED BY TN GOVT


"நல்ல நிர்வாகத்தால் வழங்கப்படும்

நீதி தான் உயர்ந்தது.

நீதி மன்றங்களினால் பெறப்படும் நீதிகள்

நிர்வாகத்துக்கு பெரும் அவமானம்

என்பதை நிர்வாகம்

(Ministry of Defence)

நன்கு உணர வேண்டும்."

DE LINKING ORDER ISSUED ON 30SEP16

ARREARS FOR CIR.547,548 & 560 TO BE

PAID TO ALL ELIGIBLE PENSIONERS BY BANKS

தமிழக அரசு இரண்டு குடும்ப பென்சன்

வழங்க அனுமதி அளித்துவிட்டது. செய்தி.

முன்னாள் படை வீரர் குடும்பங்களின்

நலன் காப்பது ராணுவ அமைச்சகத்தின்

தலையாய கடமையாகும்

GOVT. OF TAMIL NADU SANCTIONED

SECOND FAMILY PENSION IS A GOOD NEWS.

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Disclaimer

The postings in this Blog are only the personal opinion and do not necessarily reflect the views of the “indianexserviceman” blog team. These are expressed in good faith for the general welfare of the veterans of the Indian Armed Forces. The contents of this blog are neither for business nor for any commercial gains. Neither the “indianexserviceman” blog team nor the individual authors of any material on this blog accept responsibility for any loss or damage however caused (including through negligence), which you may directly or indirectly suffer arising out of your use or reliance on information contained on or accessed through this blog. All views and opinions presented are solely those of the surfer and do not necessarily represent those of “indianexserviceman” blog team. This is not an official blog site. This blog is run by a team of Air Warriors of the IAF (Veterans). It is not affiliated to or officially recognized by the MOD or AHQ or Air HQ or Govt/State or any other organization.

"நாட்டுக்காக உயிர் நீத்தவர்களை நினைக்காதநாடு இனி யாரும் அதற்காக உயிர் விடும் தகுதியை இழந்துவிடும்."

PENSION GUIDE BOOK IN HINDI AVAILABLE FREE DOWNLOAD. CLICK HERE.

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MESSAGE FOR READERS

"தெரிந்து கொள்ளுங்கள்" என்ற பென்சன் வழிகாட்டி புத்தகம் புதிய O.R.O.P பென்சன் பட்டியலுடன் கிடைக்கிறது. ஒவ்வொரு ராணுவ பென்சனரும் அவசியம் படிக்கவேண்டியது. உங்கள் தேவைக்கு தொடர்புகொள்ள : முகவரி "எக்ஸ்வெல் டிரஸ்ட் " 15 மிலிடரி லைன், சமாதானபுரம், திருநெல்வேலி 627002. போன்:9894152959. 04622575380 தெரிந்து கொள்வது அவசியம். தெரியாது என்பது அவமானம். தெரிந்து கொள்வது கௌரவம்.உங்கள் சரியான பென்சனை தெரிந்துகொள்ள இந்த புத்தகம் உதவும் www.exweltrust.in என்ற இணைய தளத்தை பார்க்கவும்

Wednesday, February 9, 2011

COMPENSATION FOR WRONG PAYMENT OF FAMILY PENSION



COMPENSATION  FOR  AN  ERRONEOUS  AND  DELAYED  PAYMENT

OF  ORDINARY  FAMILY  PENSION  AND  ARREARS.

It is very common that the banks simply pay a Sepoy’s family pension to a Subedar’s wife.  Because, neither the bank nor the family pensioner is aware of the various rank structure of the Army, Navy, Air Force and the different rates of pension and family pension fixed for various ranks.

The situation has become worst after introducing the centralized pension payment system in almost all banks.  The position continues till such time a pension audit points out during a random verification of pension payments.

Due to these types of erroneous payments for a prolonged period, sometimes more than 10 to 15 years, the arrears amounting to more than 5 to 7 lacs are paid without a single word of regret or any compensation from the banks.  The bank officials, who are responsible for correct payment of pension are not at all made accountable for this lapse.  After a long silence on the subject, the RBI, recently issued instructions to all pension paying banks to pay compensation w.e.f. 01.10.2008 to all such delayed pension and arrears payments automatically without waiting for any claim from the pensioner. It is really a welcome step.

Now let us see how much arrears and compensation a wife of a Subedar Group ‘B’ will get if she was treated like a Sepoy’s wife and paid only Rs.3500 p.m. instead of Rs.4770 w.e.f. 1.1.2006.

The Correct rate of ordinary family pension payable to the wife of
a Subedar Gp.’B’ w,e,f, 1,1,2006 is ..       ..          ..          ..          .. ..Rs.4770
    
The rate of family pension paid by the bank is      ..          ..          ..    ..Rs.3500
The monthly reduction in the basic pension is       ..          ..          ..    ..Rs.1270
Now the total arrears of difference in pension payable from 1.1.2006
To 30.9.2008 for 33 months along with Dearness Relief             ..     ..Rs.44729

Since the bank has to pay compensation from 1.10.2008, we have to arrive at the amount due by 30.9.2008, but not paid.  Accordingly the unpaid amount of Rs.44729 will have to be paid with compensation @ 10% (Bank rate +2% penalty) till the date of payment.  Further the monthly reduction @ Rs.1270 with D.R. continues.  Therefore, Recurring Deposit rate of interest has to be paid as compensation from 1.10.2008 to till the date of payment of total arrears for the period from 1.1.2006.

In this case if the bank pays the arrears of corrected pension by 01.2.2011 the compensation payable will be calculated as follows:-

Arrears of correct pension payable from 1.1.2006 to
30.9.2008 with D.R.   ..          ..          ..          ..          ..      Rs.44,729

Compensation payable @ 10% from 1.10.2008 to
31.1.2011 for 28 months.        ..          ..          ..          ..     Rs.4,473

RD rate of interest (10%) from 1.10.2008 to
31.1.2011 for monthly reduction of Rs.1270 for
28 months.                  ..          ..          ..          ..          ..     Rs.4,638
Total compensation payable    ..          ..          ..          ..     Rs.9,111

The RBI had justified payment of this compensation without waiting for any claim from the pensioner.  There is no question of raising any dispute over payment of this compensation by the Banks on this issue.

The banks should accept the instructions given by the RBI in the right spirit and improve their performance, if they are really interested to avoid payment of this compensation.

Let us hope that this master circular of RBI dt.July 01, 2010 will bring in improvement in the pension payment system.

2 comments:

Anonymous said...

R/SIR,
TILL NOW I COULD NOT GET MY RLY.PERFECT PENSION WITH GP. AND IT'S ARREARS. MY PERFECT PENSION IS STILL HANGING.I AM GETTING LITTLE AMOUNT OF PENSION WITHOUT ANY FORMULA.SO MANY TIMES IHAVE INFORMED TO THE STATE BANK OF INDIA,SODEPUR-BARNCH,KOLKATA 110,BUT IN VAIN.I DON'T KNOW WHEN I WILL GET PERFECT PENSION WITH ARRERS AND GP OF RS.4600.
KINDLY SOLVE MY PROBLEM AS EARLY AS POSSIBLE WITH MIN.OF 10% COMP.
THANKING YOU,

YOURS,
D.P.SARKAR
EX.RLY.ENGINEER/KPA

devyani2007@gmail.com said...

R/SIR,
TILL NOW I COULD NOT GET MY RLY.PERFECT PENSION WITH GP. AND IT'S ARREARS. MY PERFECT PENSION IS STILL HANGING.I AM GETTING LITTLE AMOUNT OF PENSION WITHOUT ANY FORMULA.SO MANY TIMES IHAVE INFORMED TO THE STATE BANK OF INDIA,SODEPUR-BARNCH,KOLKATA 110,BUT IN VAIN.I DON'T KNOW WHEN I WILL GET PERFECT PENSION WITH ARRERS AND GP OF RS.4600.
KINDLY SOLVE MY PROBLEM AS EARLY AS POSSIBLE WITH MIN.OF 10% COMP.
THANKING YOU,

YOURS,
D.P.SARKAR
EX.RLY.ENGINEER/KPA