Indian Army launches Army Veterans Grievance Handling Portal New Delhi, June 5 (IBNS): The Indian Army on Thursday launched the 'Army Veterans Grievance Handling (AVGH) Portal', an initiative that would enable the large fraternity of veterans and their dependants, to take up their grievances with the concerned agencies at the click of a button.Developed and designed by National Informatics Centre (NIC) Ltd, this internet based web portal is among one of the several initiatives undertaken by the Indian Army to reach out to its veterans and 'Veer Naris' in recent times. With an unique User ID and Password, a veteran can login at his /her convenience, and refer to a host of policy letters / regulations to educate himself on the latest entitlements and benefits.
In his
message, the Chief of Army Staff reiterated that the welfare of veterans
and Veer Naris is an important key result area and with the fielding of
this portal, the ease of interaction and resolution of issues will be
greatly enhanced.
This
portal enables veterans from across the country to follow up their
petitions with the concerned offices in a near real timeframe. The
portal incorporates an automated response feature, which through an
e-mail or SMS keeps the veteran nformed about the progress of his
case.The AVGH portal will contribute immensely in meeting the needs and
aspirations of the veterans and their dependants. The portal and can be
accessed at www.indianarmyveterans.gov.in
-
See more at:
http://indiablooms.com/ibns_new/news-details/N/1785/indian-army-launches-army-veterans-grievance-handling-portal.html#sthash.ZmDYsEXf.dpufUrgent help families of martyrs from armed forces
Dear Sir,
I hope this e-mail finds you in good health. We are looking for case studies of families of martyrs from armed forces who are still running from pillar to post for compensation or promised govt. help.
We at Times Now have initiated a campaign for such families. Kindly help with contacts of such families anywhere in India if you are aware of the same.
I would appreciate your help.
Warm regards
I hope this e-mail finds you in good health. We are looking for case studies of families of martyrs from armed forces who are still running from pillar to post for compensation or promised govt. help.
We at Times Now have initiated a campaign for such families. Kindly help with contacts of such families anywhere in India if you are aware of the same.
I would appreciate your help.
Warm regards
Aditya Raj Kaul
Correspondent, Times Now New Delhi
sanjhamorcha2009@gmail.com
FLASH NEWS
Interesting
Restoration of commuted portion of pension in 12 years:
Restoration
of commuted value of pension in 12 years: Commutation value in respect
of employee superannuating at the age of 60 years between 1.1.1996 &
31.12.2005 and commuting a portion of pension within a period of one
year would be equal to 9.81 years Purchase. After adding thereto a
further period of two years for recovery of interest in terms of
observation of Supreme Court in their judgment in writ petitions No
395-61 of 1983 decided in December 1986. It would be reasonable to
restore commuted portion of pension in 12 years instead of present 15
years. In case of Person superannuating at the age of 60 years after
31.12.2005 and seeking commutation within a year, numbers of purchase
years have been further reduced to 8.194. Also the mortality rate of 60
plus Indians has considerably reduced ever since Supreme Court judgment
in 1986. And the life expectancy stands at 69 years now.
|
Refund Excess Recovery of Commuted Pension by the Govt
|
As
per extant rules, commuted pension is restored after 15 years after the
Govt makes full recovery of the commuted amount with interest. This
period of 15 years is arbitrary, hypothetical and without any
mathematical basis. Calculations show that the recovery exceeds much
more than the dues.
Retirees between 1986 and 1995
The
age of retirement during that period was 58 years. This category of
retirees have all completed the prescribed period of 15 years for
restoration of pension. Since 1.3.1971 and until 31.12.2005, the
Commutation Factor (CF) was 10.46 for the 59 year old (age next birth
day) retirees and the officially prescribed rate of interest was 4.75%
p.a. Commutation allowed was 1/3rd of the basic pay. The
basic pension of Secretaries who superannuated between 1.1.86 and
31.12.95 at the top of their pay scale (Rs. 8,000) was fixed at Rs.4,
000 and the commuted portion of their pension was Rs.1, 67,318 with a
deduction of Rs.1,333 per month. The principal amount of Rs. 1,67,318
was fully recovered in 10.46 years [10.46 x 12 x 1333 = 1,67,318].
· If
we consider the prescribed interest rate of 4.75% p.a. as simple
interest, the total interest works out to Rs.36,250. This is recoverable
in 2.27 years [36250/1333 = 27.2 months or 2.27 years]. Thus, total
recovery period of the commuted amount works out to 10.46 + 2.27 = 12.73
years. Even after full recovery, the pensioner kept on paying for 15 –
12.73 = 2.27 years. Thus, excess recovery = 2.27 x 12 x 1333
= Rs.36,311.
· If
we consider the prescribed interest rate of 4.75% p.a. as compound
interest, the total interest works out to Rs.54,750. This is recoverable
in 3.42 years [54750/1333 = 41.07 months or 3.42 years]. Thus, total
recovery period of the commuted amount is = 10.46 + 3.42 = 13.88 years.
Even after full recovery, the pensioner kept on paying for 15 – 13.88 =
1.12 years. Thus, excess recovery = 1.12 x 12 x 1333 = Rs.17,916.
Retirees between 1996 and 2005
The
age of retirement was raised to 60 years after the 5th Central Pay
Commission (CPC). Permissible commutation was also raised to 40% of the
basic pay. Those who retired between 1996 and 1998 have already
completed the prescribed period of 15 years for restoration of pension.
Since 1.3.1971 and until 31.12.2005, the Commutation Factor (CF) was
9.81 for the 61 year old (age next birth day) retirees and the
officially prescribed rate of interest was 4.75% p.a. Secretaries who
superannuated between 1.1.96 and 31.12.05 at the top of their pay scale
(Rs.26,000), were sanctioned commuted pension amount of Rs.9,18,216 with
a deduction of Rs.7,800 per month. The principal amount of Rs.9,18,216 is fully recovered in 9.81 years [9.81 x 12 x 7800 = 9,18,216].
· If
we consider the prescribed interest rate of 4.75% p.a. as simple
interest, the total interest works out to Rs.2,12,114. This is
recoverable in 2.27 years [212114/7800 = 27.2 months or 2.27 years].
Thus, total recovery period of the commuted amount works out to 9.81 +
2.27 = 12.08 years. Even after full recovery, the pensioner keeps on paying for 15 – 12.08 = 2.92 years. Thus, excess recovery = 2.92 x 12 x 7800 = Rs.2,73,312.
· If
we consider the prescribed interest rate of 4.75% p.a. as compound
interest, the total interest works out to Rs.3,20,367. This is
recoverable in 3.42 years [320367/7800 = 41.07 months or 3.42 years].
Thus, total recovery period of the commuted amount is = 9.81 + 3.42
= 13.23 years. Even after full recovery, the pensioner keeps on paying
for 15 – 13.23 = 1.77 years. Thus, excess recovery = 1.77 x 12 x 7800 = Rs.1,65,672.
Retirees from 2006 Onwards
The
age of retirement continues to be 60 years. After the 6th CPC, since
1.1.06, the Commutation Factor (CF) has been downgraded from 9.81 to
8.194 for the 61 year old (age next birth day) retirees, thereby reducing the commuted amount by a whopping 16.5% !!! On top of that, the
prescribed rate of interest has been enhanced from 4.75% to 8%
p.a. which is an astronomical jump of 68% even in this low interest
regime!!! The basic pension of Secretaries who superannuated on or after
1.1.06 at the top of their pay scale (Rs.80,000) was fixed at
Rs.40,000. Their commuted pension amount is Rs.15,73,248 with a
deduction of Rs.16,000 per month. As per the old CF of 9.81, they would
have been entitled to a commuted sum of Rs.18,83,520. Thus, there is a
huge drop of Rs.3,10,272 !!! The currently sanctioned principal amount of Rs.15,73,248 is fully recovered in 8.194 years [8.194 x 12 x 16000 = 15,73,248].
· If
we consider the prescribed interest rate of 8% p.a. as simple interest,
the total interest works out to Rs.5,10,417. This is recoverable in
2.66 years [510417/16000 = 31.9 months or 2.66 years]. Thus, total
recovery period of the commuted amount is = 8.194 + 2.66 = 10.85 years. Even after full recovery, the pensioner keeps on paying for 15 – 10.85 = 4.15 years. Thus, excess recovery = 4.15 x 12 x 16000 = Rs.7,96,800.
· If
we consider the prescribed interest rate of 8% p.a. as compound
interest, the total interest works out to Rs.9,93,007. This is
recoverable in 5.17 years [993007/16000 = 62.06 months or 5.17 years].
Thus, total recovery period of the commuted amount is = 8.194 + 5.17
= 13.37 years. Even after full
recovery, the pensioner keeps on paying for 15 – 13.37 = 1.63 years.
Thus, excess recovery = 1.63 x 12 x 16000 = Rs.3,12,960.
The
above calculations are only illustrative, applicable to
retired Secretary rank officers who retired on or after 1.1.86 at the
top of their pay scale and their pension was fixed at the maximum.
Calculations can be made similarly for other cases and the results would
tally.
We
may point out that the interest charged on various Govt. advances like
House Building Advance, Car Advance, Festival Advance, Marriage Advance
etc. is simple interest and not compound. Applying
the same policy, the commuted amount of pension was fully recovered
with interest in 12.73 years in case of 1st category of retirees (who
retired between 1986 and 1995), in 12.08 years in case of 2nd category
of retirees (who retired between 1996 and 2005) and in 10.85 years in
case of 3rd category of retirees who retired in 2006 or after. There is no justification for the Govt. to recover anything more than what it has advanced to the retirees.
Logical Recovery Period
The Govt. should be moved to rectify this wrong and modify the period of restoration of commuted pension as under:-
1st category of retirees (who retired between 1986 and 1995): They have already repaid the entire amount with interest. The
excess amount recovered should be refunded to them with the same rate
of interest as was charged from them for recovery (i.e. 4.75% p.a.).
· The same policy should be adopted towards those who retired before 1986. Similar calculations can be done in their case.
- 2nd category of retirees (who retired between 1996 and 2005): Those who retired 15 years ago have already repaid the entire amount with interest. The excess amount recovered should be refunded to them with the same rate of interest, i.e. 4.75% p.a. For others, the recovery should be stopped and full pension should be restored after completion of 12.08 years.
- 3rd category of retirees who retired in 2006 or after: The recovery should be stopped and full pension should be restored after completion of 10.85 years.
Status of the Cases of Pre 2006 Pensioners in various Courts: As on 01.05.2014
STATUS OF THE CASES OF PRE 2006 PENSIONERS IN VARIOUS COURTS : AS ON 01..05.2014.
COMPILED BY M. L. KANAUJIA, IRSSE / Chief Communication Engineer, N.E. Railway, (Rtd.)
COMPILED BY M. L. KANAUJIA, IRSSE / Chief Communication Engineer, N.E. Railway, (Rtd.)
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