Blog for Central and Bihar/Jharkhand State Govt.pensioners,attending day to day inconveniances of the pensioners,like,payment of Fixed Medical Allonces,Prompt sanction of Pension Loan,etc.
Pageviews last month
Wednesday, January 4, 2012
Bharat Pensioner Samaj,Madhupur observed World Pensioner's Day on 18-12-2011 at 12/hrs.at State Bank Of India,at Madhupur, under the leadership of Mr.K.P.Ghosh ,Secretary General,BPS,Madhupur./ about 30 pensioners/,family pensioners attended the function.Mr.Baldeo Jha,Chief Manager,SBI,Madhupur and other Bank Officers,garlanded and distributed sweets and a token of presentation to each pensioners,Sri Ghosh,expressed his objection of New Pension Sceme.
Friday, December 30, 2011
Pensioners celebrate"29th PENSIONERS' DAY On 17TH DECEMBER 2011
Pensioners celebrate"29th PENSIONERS' DAY On 17TH DECEMBER 2011
Er.S.C. Maheshwari, Secy (Rly.).BPS
It was on the 17th December 1982, that the Supreme Court of India in a landmark judgment in the case of D.S. Nakara and others vs. Union of India, held that : Pension is neither a bounty nor a matter of grace depending upon the sweet will of the employer. It is not an ex gratia payment, but a payment for past services rendered.
Pensioners in India, therefore, celebrate this day as ‘Pensioners Day’ to salute
and remember, with gratefulness, the late D.S. Nakra who fought for
years to bring dignity and grace to the community, through this
judgment.
On
this day it is important to counter the contention: 1. That the pension
of Government employee is a burden on the exchequer. 2. That the rapid growth observed in the pension payments is likely to pose a serious threat to fiscal sustainability & 3. That providing subsidy based pension program to a few people cannot be sustained in the long run.
Let
the World Bank, the Government of India and the Indian Politicians
understand that Indian Pension System is not subsidy based! It is a
deferred wage!
“ In the context of civil servant pension payments, the principle guiding the fixation of pay package is one of intentionally spreading out the compensation over a long period of time, whereby the wages paid out during the course of work tenure is kept low by design, and the pension payments made
during the retirement phase, compensate for the low working wages” (
Dr. K. Gayathri in a study sponsored by the Govt. of India). The Fifth Pay Commission argued : “it needs to be averred emphatically that pension is not in the nature of alms being doled out to beggars. The senior citizens need to be treated with dignity and courtesy befitting their age. Pension is their statutory, inalienable, legally enforceable right and the sweat of their brow has earned
it. As such it should be fixed, revised, modified and changed in ways
not entirely dissimilar to the salaries granted to serving employees."
As
reported by PTI (Press Trust of India) on 27.02.2008, Dr. Montek Singh
Aluwalia, Deputy Chairperson, Planning Commission, speaking with
reference to the then impending report of 6th Central Pay
Commission said, “Pay commissions were constituted once in ten years,
the Government, he said was made to effect a big increase in salaries
of its employees at the end of 10 years, as Dearness allowance /
Dearness relief does not adequately take care of inflation. So at the
end of 10 years, the Government will be benefitting from squeeze in
real payout because DA/DR was never enough” While accepting Central Pay
Commission recommendations, the Govt. divides the Pensioners on the
basis of their date of retirement to further enhance the squeezing
benefit in its own favour.Thus, the pension and its revision burden is,
in fact, not a burden. Truly speaking, it is the mismanagement and
mis-governance which is causing the pinch.
Subscribe to:
Post Comments (Atom)
About Me |
Current News
eWeek
- Jan 04, 2012
- 1 hour ago
Apple
is reportedly planning a New York City event that will focus on
publishing and perhaps education, according to various reports. Apple is planning a New York City event for later in January centered on media and publishing, according to reports. ...
eWeek
- Jan 04, 2012
- 59 minutes ago
NEWS ANALYSIS: There are rumors everywhere about Apple
and the upcoming iPad 3 tablet. But to believe that we know anything of
any substance about the device is a falsehood. It's January. And that
means for the next several months, we'll be forced to ...
CNET
- Jan 04, 2012
- 55 minutes ago
Apple
had attempted to seal documents containing information about its Mac OS
X operating system and computer products as a trade secret, presumably
to keep others from modifying Apple's OS to run on unauthorized hardware. Apple argued that because it ...
USA TODAY
- Jan 03, 2012
- 7 hours ago
By Scott Martin, USA TODAY Apple
is the only company that consistently gets big buzz out of the
International Consumer Electronics Show in Las Vegas — without even
attending. Internet-connected TVs will be a big part of CES this year. ...
Blog Archive
|
Picture Window template. Powered by Blogger.
i'm done watching this
i'm done watching this
i'm done watching this
Subscribe to:
Posts (Atom)
0 comments:
Post a Comment