Good News For Bank Retirees

Very important & useful information for all bank retirees who have opted for Mediclaim Insurance coverage..........

Sharing as received :

Delhi HC : Mediclaim Insurance Policy A & B : Writ Petition ( Civil ) No 264/2018 : Manohar Lal & Others Vs SBI & UIIC : In the Court of Hon’ble Mr Justice Vibhu Bakhru ( Court No 14 ) : As already Informed Writ was filed by our team on 10.01.18 & it was placed before the Hon’ble Court today at 12.34pm

Our Counsels pleaded that as per Guidelines for IRDA : Health Insurance Cover :  circulated vide Gazette Notification dated 16/07/17 ( page no 35 ) ‘ Premium on Health Cover for Senior Citizens has to be Fixed for initial 3 years whereas Bank , UIIC have hiked it to multiple times making it unaffordable to the extent that premium now Fixed is equal to 4-8 months Pension, in violation of above guidelines. Hon’ble Court was convinced and told the Banks’ Standing Counsel to look in to the matter urgently and respond to the petitioners within 15 days time .

Hon’ble Court also told our Counsels to approach IRDA , an Statutory Body for the purpose and if not satisfied with their responses than to come back to the court for further hearing/ order .

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Good Morning
HAPPY Ashtami

THIS MESSAGE IS FOR BENEFIT OF BANK RETIREE OFFICERS

So  please forward message to every bank officer known to any India.


""My name is R K  Munjal (post-retirement Panditji as dabble in Vedic Jyotish) I retired as Chief Manager  from a BoM Ahmedabad.

My  colleague, Shri Munender Singh, retired  AGM came across   judgements of DLC Hyderabad, RLC Ranchi, ALC Silchar; Jabalpur High Court,
Which  confirm Banks  calculations under OSR pattern violate spirit of Gratuity Act.

JUDGEMENTS say

1. BANK officers are entitled   gratuity  of 45 days salary  per year ( > 30 years service) not 15  days being paid.
2. Gratuity to be paid on
Basic+DA.
3.  Gratuity must be calculated on formulae  15/26 not 15/30 of   salary under both provisions (OSR+GPA)

My personal experience of +25 years as part of  UFBU, i affirm UFBU netas are  incapable to care  interests of bank retiree officers.

So A MOVEMENT is launched and expected to cross 2000 mark tonight ( Bank Officers scale 1 to 7 across banks) have joined.

Based on above judgements, every  Retiree Bank Officer, (with +30 years service) whoever files  claim and fights the battle ahead will be richer by average 7-10 lakhs.

And another Guarantee NO LEVY FROM ANYONE.

 And whosoever does not file claim may have to repent throughout his remaining life, as civil cases are decided between parties and courts may not suo moto enlarge its scope to include all and sundry.


Please
 FORWARD LINK TO ALL RETIREE   Bank Officers  KNOWN TO YOU

 (any bank, every bank)



LInk to join Group 8

https://chat.whatsapp.com/GxG1OPTAHXqHJkiR4bBh2w

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THERE IS A GOOD NEW FOR all RETIREES officers / awardstaff RETIRED DURING D01.07.1993 TO 01.11.1994 WHO WERE DENIED THE ARREARS OF GRATUITY  AS PER JOINT NOTE SIGNED IN 1995. INDIVIDUAL  RETIREE SHRI A M SAMPATH  OF BOB HAS  WON A CASE OF GRATUITY IN CHENNAI HIGH COURT ON 22.03.2018. BRIEF DETAILS ARE AS UNDER:


 A JOINT NOTE FOR OFFICERS WAGE REVISION WAS SIGNED IN 1995 WHICH WAS EFFECTIVE FROM 01.07.1993 BUT FOR PAYMENT OF GRATUITY ARREARS THE CUT OF DATE WAS FIXED AS 01.11.1994.AS SUCH  THE GRATUITY ARREARS WERE DENIED TO THOSE WHO RETIRED DURRING 01.07.1993 TO 01.11.1994.
The division Bench of Madras High Court in WP No 1040 of 2009 and MP No 1 of 2009 in Bank of Baroda Vs A M SAMPATH HAS RULED ON 22.03.2018, THAT GRATUITY IS STATUTORY LIABLITY AND BANK IS BOUND TO PAY THE STATUTORY OBLIGATION UNDER PAYMENT OF GRATUITY ACT 1972. THE SETTLEMENT BY WAY OF JOINT NOTE CAN NOT OVERRIDE THE STATUTORY OBLIGATION. HENCE GRATUITY CAN NOT BE DENIED TO THOSE WHO RETIRED DURING 01.07 1993 TO -1.11.1994. The judgment is of chennai high court and no SLP is filed as such the issue has reached finality.

Therefore the officers award staff retired during 01.07.1993 to 01.11.1994 may submit their claim to bank of baroda head office quoting above judgment . Please bring the content of this communication to those retired during above period and also to their family members who are drawing family pension of abov e retirees. regards


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