WHY THERE IS DELAY IN THE PAYMENT OF IMPROVED PENSION AND ARREARS TO THE DEFENCE PENSIONERS ?
Government issued orders
on 17.01.2013 to revise the pensions of Defence pensioners and Family
pensioners w.e.f. 24.09.2012 with instructions to pay immediately.
Now it is more than 3
months passed, most of the Banks have not revised the pension and paid any
arrears. The poor defence pensioners are
very eagerly waiting. But the banks are
silent on the issue. This attitude of
the Banks is totally unacceptable. A
delay of one month or two months can be accepted, but not more than three
months. Whatever may be the reason, the
Banks cannot justify the delay without paying legitimate compensation to the
pensioners as per RBI guidelines on the subject.
In the circumstances, it
will be proper for the Banks to pay delayed interest/Compensation as per RBI
and CDA (P) Allahabad instructions. As a
matter of fact, the delayed interest is to be paid by the Banks without any
request or claim from the pensioners.
Will the Banks pay ? If not, the
RBI (Banking Ombudsman ) should take up the matter for payment of compensation.
For the information of the
pensioners, we have calculated the minimum amount of Interest payable by the
Banks for various ranks from Oct 2012 to Mar 2013 for 6 months at Recurring
Deposit rate of interest @ 8% p.m.
A Sepoy of Y Group with 15
years service will have to be paid Rs.121 interest.
A Naik of Y Group with 17
years service will have to be paid Rs.128 interest.
A Havildar of Y Group with
20 years service will have to be paid Rs.186 interest.
A Hon. Lt. with 28 years
of service will have to be paid Rs.476 interest.
A Hon. Capt. With 28 years
of service will have to be paid Rs.556 interest.
The Defence Family
Pensioners should be paid the following rates of interest.
A widow of Hav. 20 yrs. Y
Group will have to be paid Rs.90 interest.
A widow of Nb.Sub 20 yrs.
Y Group will have to be paid Rs.84 interest.
A widow of Subedar 24 Yrs.
Y Group. Will have to be paid Rs.426 interest.
A widow of Sub. Maj. 28
yrs. Y Group will have to be paid Rs.615 interest.
A widow of Hon.Lt. 28 yrs.
Will have to be paid Rs.286 interest.
A widow of Hon. Capt. 28
yrs. Will have to be paid Rs.334 interest.
Suppose if the Bank is not
paying, every pensioner should submit an application to the Pension Paying
Branch to pay Interest. A SPECIMEN OFTHE APPLICATION IS GIVEN. PLEASE CLICKHERE.
2 comments:
Sir,
United Bank of India and Punjab National Bank has already released this payment in New Delhi as confirmed by some of exservicemen.
Only SBI being the largest bank is most lathergic to do so.
Sir
We are requesting to get the interest paid by the Bank for not paying the arrears timely. But it should also have a time frame. If the bank is ready to give the interest for the delay and only after some years then the soldiers will be affected severely. Hence a timeline may please be requested. Or else Kindly guide me to initiate.
With Regards
Joseph Amalraj.A
Ex Havildar
E Mail : amalraj1961@gmail.com
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