Friday, 29 July 2016

NEWS FROM CHQ

29/07
On 20-7-2016, when our GS and Treasurer met the Director (HR) of BSNL they requested her to endorse the DoP&PW and DoT orders on de-linking condition of 33 years of service for entitlement of Full Pension. She assured immediate action.
Today, on 29-7-2016, the BSNL Corporate Office has endorsed all the orders on the subject vide BSNL No. 40-22/2011-Pen(B) dated 29-7-2016 to all Heads of Circles. 
29/07
The AICPI for June 2016 is declared today. It is 277 points. 
As all know, the Pension will be revised for CDA pensioners with effect from 1-1-2016 under Seventh CPC formula.
It is simple: Existing Basic Pension x 2.57 = The new Basic Pension
CDA:0 % from January 2016. It will increase to 2 % from July 2016.
Under Sixth CPC system the CDA would have increased by 7 percent.
See the impact on a pensioner with Exiting Basic Pension of Rs 10000:
Rs 10000 x 7/100 = Rs 700.00 ........New BP Rs 25700 x 2/100 = Rs 514.00.
A reduction of Rs 186 in the quantum of CDA!
At this rate, the benefit from Seventh CPC will disappear within 4 or 5 years.
28/07

The Pension Anomaly Case was listed for today 28/7/2016 in Principal Bench of CAT. It is once again postponed to 8-9-2016. CAT first takes up cases for admission, then cases for final hearing. Final hearing is fixed based on the date of filing the cases. According to the above procedure, our case may be taken up for final hearing in 2017 only. Till then, this postponement will be repeated. We can not escape from this. We have to bear with this delay in Court.


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