WHY THE BANKS ARE DELAYING THE PAYMENT OF ARREARS ?

WHY THE BANKS ARE DELAYING THE PAYMENT OF

REVISED PENSION & ARREARS ?

The great injustice meted out by the 6^th CPC to the Defence Pensioners was somehow addressed by the Committee of Secretaries recommendations to some extent.  Even that recommendations were kept in darkness until the opposition leader Shri.L.K.Advani questioned to the Prime Minister in the Parliament.  Finally the committee agreed that there is a large gap in the pensions of Pre and Post 01.01.2006 defence pensioners and agreed to reduce the gap little bit and issued orders on 10.03.2010.

The credit goes to the Indian Ex-servicemen Movement (IESM), the only All India Ex-servicemen Organisation which is continuously reminding the Government to honour One Rank One Pension.

Even though the Committee of Secretaries are not up to the expectations of the Ex-servicemen, the defence pensioners accept it with heavy heart.  However, the pension paying banks are not at all bothered about the payment of revised pension and arrears to the low paid poor PBOR pensioners.  Why the banks are delaying so much ?

This small amount of arrears if paid along with the revised pension by the end of this month, it will be of great help to the pensioners to meet the educational expenses in the school admission time.

Will the banks kindly look into the matter and arrange for payment immediately ?

Timely payment of arrears to aged pensioners is very important to avoid legal complications later.