tag:blogger.com,1999:blog-2166768150897507516.post5632246662739472125..comments2023-10-29T14:32:48.801+05:30Comments on PAY COMMISSION: Bank staff may have to bear at least 25% of pension costShyamali Basuhttp://www.blogger.com/profile/11488319349456072604noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2166768150897507516.post-15930019375578422962010-06-13T19:21:27.593+05:302010-06-13T19:21:27.593+05:30All bank men to send the letter to MOF to ensure t...All bank men to send the letter to MOF to ensure that MOF gets flooded with similar requests. It might be possible to avoid legal battle which is time consuming and costly<br /><br />You can copy and paste from blog<br /><br /><br />From<br />…………………………… Place:<br />-------------------- Date:<br /> <br /> <br /> <br /><br />The Central Public Information Officer,<br />Government of India,<br />C N Venugopalanhttps://www.blogger.com/profile/10681617757315937511noreply@blogger.comtag:blogger.com,1999:blog-2166768150897507516.post-85424577949116061442010-06-13T19:19:30.261+05:302010-06-13T19:19:30.261+05:305. As per the Pension Pact, the commutation will b...5. As per the Pension Pact, the commutation will be allowed as on the date of the option and not on the basis of the age at the time of retirement. This runs counter to Pension Regulations as subsequent amendment of the Regulations in any manner infusing fresh conditions will be as futile as patching a hole with darkness. Commutation is, in all fairness to be reckoned on the basis of the age C N Venugopalanhttps://www.blogger.com/profile/10681617757315937511noreply@blogger.comtag:blogger.com,1999:blog-2166768150897507516.post-87273346345555570312010-06-13T19:19:18.003+05:302010-06-13T19:19:18.003+05:30Now that the Government is examining the modalitie...Now that the Government is examining the modalities of extending fresh Option for Pension, it is inevitable that the absurdities are eliminated and full justice is rendered to the people who have been stranded in life for want of income after serving the banks for making what they are now. I felt is desirable that proper feed back on items of strategic importance be given to MOF as otherwise, C N Venugopalanhttps://www.blogger.com/profile/10681617757315937511noreply@blogger.comtag:blogger.com,1999:blog-2166768150897507516.post-30509731805833901572010-06-13T19:18:41.926+05:302010-06-13T19:18:41.926+05:30C N Venugopalan
Ex-Manager, Union Bank of India ...C N Venugopalan<br />Ex-Manager, Union Bank of India <br /> Nandanam<br />Kesari Junction,<br />N Parvoor,<br />Kerala – 683 513 <br />Phone. 0484 2447994 Mob: 9447747994 E-Mail: ceeyenvee@gmail.com<br /><br />No.20100611 11th June, 2010 <br /><br />The Hon'ble Minister for Finance,<br />Govt. of India, <br />C N Venugopalanhttps://www.blogger.com/profile/10681617757315937511noreply@blogger.comtag:blogger.com,1999:blog-2166768150897507516.post-52378665046411692062009-05-19T20:49:00.000+05:302009-05-19T20:49:00.000+05:30Plight of Bank Officials Vis-a'-vis Central Govern...Plight of Bank Officials Vis-a'-vis Central Government Employees<br /><br />Three decades back Bank employees were a better better paid lot than Central Government Employees. Pillai Committee Recommendations were implemented to keep the salaries of both at identical level. Afterwards, the subsequent decades witnessed erosion in compensation to bank officials who toil round the clock for six daysC N Venugopalanhttps://www.blogger.com/profile/10681617757315937511noreply@blogger.comtag:blogger.com,1999:blog-2166768150897507516.post-426182088510517852009-05-19T20:48:00.000+05:302009-05-19T20:48:00.000+05:30Plight of Bank Officials Vis-a'-vis Central Govern...Plight of Bank Officials Vis-a'-vis Central Government Employees<br /><br />Three decades back Bank employees were a better paid lot than Central Government Employees. Pillai Committee Recommendations were implemented to keep the salaries of both at identical level. Afterwards, the subsequent decades witnessed erosion in compensation to bank officials who toil round the clock for six days a C N Venugopalanhttps://www.blogger.com/profile/10681617757315937511noreply@blogger.com