What's New
FAMILY PENSION UPDATION TO BE IMPLEMENTED
WEF 12-1-2013-CIRCULAR ISSUED-DOWNLOAD
DEARNESS RELIEF -INCREASE OF 67 SLABS WEF FEB13
DA Rates (Aug 12-July13)
VIEW LATEST RATES FOR ALL CATEGORY OF PENSIONERS.
PENSION CALCULATOR FOR FEB13 -JULY13
Useful links
AIRBIOPF
Ex-gratia case:
DELHI HIGH COURT
next date of hearing fixed on 12th July 2013.
3rd may 2013-Court proceedings
Our matter of Ex-Gratia before High Court of Delhi came up for hearing today at about 11.30 a.m. The bank's counsel was absent for the third time.
Resuming submissions on our behalf, our Counsel said that the case has been extensively argued by both the sides and now it needs to be decided by the Hon’ble Court.
Agreeing to our counsel's pleas the Hon’ble Justice Shri Suderhsan Kumar Misra remarked that he feels that such cases, in the interest of justice require continuous hearing without any adjournment but was dismayed that still the hearing is not concluded and it is difficult to recapitulate all the finesses of the arguments made by both the parties. Our Counsel appreciated the efforts made by his Lordship in making extensive notings of the submissions of the parties to which the Hon’ble judge remarked that the case notes are old and lengthy and it becomes necessary to hear the parties to find relevance of the notes with the legal arguments made. Only the sequence of events in oral arguments can help arrive at the correct perspectives involved.
Accordingly the next date of hearing is now fixed on 12th July 2013.
RBI NEW DELHI OERS OPTEES & PENSIONERS' WELFARE ASSOCIATION & OTHERS
Vs.
Reserve Bank of India;
As the hon'ble justice was made part of another bench on 8th March, 2013, and our case being a regular matter can be listed only on a friday, it has been marked for listing on May 3 2013.
THE CASE IN RESPECT OF PAYMENT OF ARREARS OF EX-GRATIA AT PATNA:NEXT DATE OF HEARING IN PATNA HIGH COURT TO BE ANNOUNCED
CWJC-11936/2009
EARLIER Listed at serial 37, For Hearing BEFORE :- Hon'ble MR. JUSTICE RAMESH KUMAR DATTA
PENSION UPDATION
FAMILY PENSION increased to 30% from earlier 15%-,minimum 3500 & max 24495:LATEST FORMULA-CONSOLIDATION AT 2836 SLABS.DR 80.25%-Method of Calculation as per Annexures-for full details Download .
effective date 12-01-2013- Revision - long awaited relief for the family pensioners.increase upto 140% .
A New Year Prayer to Governor on behalf Pensioners
Kishore Chakraborty President ALL INDIA RBI OERS PENSIONERS’ FORUM prays to the Governor, a lumpsum amount, albeit, graded, in the form of medical assistance to all general pensioners as an interim package till the Updation of Pension is finally settled and cleared by the Ministry of Finance, Government of India.
view/download
ordinary rate of family pension and minimum/ maximum amount of Family Pension
Reserve Bank forwards to GOI 'RBI Pension Regulations, 1990 – Amendments'-– for publishing the same in the Gazette of India.
Amendments come into force from the date of publication in the official gazette.
-AC circular 6 & 7 in this regard may be downloaded here.
Latest about Pre 1997 retirees -pension updation-Bombay High Court;
"...no useful purpose will be served if Respondent No. 1(RBI) hears the Petitioners before initiating the action on its part for withdrawing the Circular dated September 1, 2003."
view extracts- Affidavit by RBI-WP 2403 of 2009-
Next date of hearing:Consequent upon change in Coram i,e. change of justices hearing the case, the date of next hearing which was earlier slated for 29th Oct,12 is likely to be changed and is not known so far
regular final hearing w.e.f. 10-8-2012 .case details-DOWNLOAD/VIEW
-
Orders /Judgments Passed
Lodging No. :- WP/2398/2009 & Reg. No. :- WP/2403/2009 - Latest about Family Pension Updation:
view/download Improvements at a glance
Medical Assistance Fund(MAF)
Annual Medical Check up allowance revised wef 1-7-2012 :
Class IV - Rs 3,000/- Class III - Rs 3,500/-
Officers Gr A,B, and C- Rs 4,500/-
Officers Gr. D,E and F - Rs5,000/-
download Bank's letter dated Ist January 2013
(Dis)proportionate settlements of mediclaims
3rd Party Administrators
Designated TPAs approved for the period 15 th Aug 2012-14 th Aug 2013-
limit raised to 1.50 lakh for class III-IV & Rs 2 lakh for officers.
1. RAKSHA TPA
Kolkatta,guwahati,patna,Bhubneswar, C.O.Departments
2.TTK HEALTH SERVICES
Ahmedabad,Belapur,PuneMRO
3.MD-India Healthcare Services (TPA))md india health Bangalore,Chennai,Hyderabad.Kochi,thiruvanthapuram,nagpur ,Bhopal
4.Medi Assist India TPA
Chandigarh,jaipur,jammu. kanpur,Lucknow,New Delhi
Deptt.Alloted to each TPA -download
OERS-IT EXEMPTIONS
As a consequence, CBDT was made to refund more than `50 crores as per the most conservative estimates, to the optees concerned along with the interest which was imposed upon the exchequre by the action of then management of RBI that allowed itself to be (mis)guided by the advice of a money spinner CA for reasons which are not far to seek...>
ABOUT FORUM
It is a voluntary,secular,apolitical,non-profit,non-governmental FORUM for retirees all over india,who opted under RBI OERS Scheme.
What is OERS ?
In 2001-02, the PSBs had introduced VRS to get rid of surplus staff.
RBI introduced (OERS) in Aug 03 on the frame work of the Voluntary Retirement Scheme (VRS) for Public Sector Banks.Annual Reort RBI2003.