Pension scheme for RRB staff

All India Regional Rural Bank Employees Association Kolkata 52

Ref. No. – 617      Date:- 22.09.2012

 

Dr. P.K. Bakshi

Chairman,

NABARD

Mumbai.

 

Sir,

Sub:- Pension scheme for RRB staff

We like to draw your kind attention to the following facts:-

The parity of pension to RRB staff was accepted in principle by Hon’ble Finance Minister, GOI on 20th June, 2012. The parity of pension scheme was signed by the Hon’ble Finance Minister, GOI on 25th June, 2012.

 

GOI advised NABARD to prepare the scheme accordingly in the first part of July, 2012.

 

NABARD sent back its reply to GOI on 30th July, 2012 with the legal opinion and a proposal for an Expert Committee.

 

Who will appoint the Expert Committee become the core issue for dispute for the entire period from the month of July to September i.e. three months at the cost of extreme hardship of the total RRB staff when the basic scheme had been signed by Hon’ble Finance Minister, GOI on 25th July, 2012.

 

So far we know, GOI has again issued a letter to NABARD on the same subject in the mid of September, 2012 for early submission of the scheme.

 

As per direction of Hon’ble Rajasthan High Court, the outer limit for issuance of final order regarding parity of pension is 23rd November, 2012. Since the Govt. appeal before Division Bench Karnataka High Court stands dismissed, direction of the Hon’ble Court has reached its finality.

 

As per direction of Hon’ble Karnataka High Court and Hon’ble Rajasthan High Court, the scheme is to be prepared in the line as introduced in the Banking Industry on 29.10.1993.

 

May we request you, Sir, to kindly ensure that the scheme is prepared and sent by NABARD to GOI by the end of this month?

 

We solicit your immediate and kind intervention. 

Yours faithfully

                                                                            %C

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