Problem regarding pension

5 years ago

Hello Sir/madam
I am a retired bank employee I got retirement in Aug 2016. I didn't opt for pension initially as my bank (Bank Of India) was asking for some funds for availing pension.
As I was little short on funds at that time I didn't avail pension but now i have funds and I am willing to give it to bank and get my pension started. Recently bank proposed an offer to avail pension for retired bank employee in exchange of funds but it turned out that it was for those employees who were suspended.
I am advised that I can avail pension as it's my legal right ......i want a professional opinion in this matter that what kind of legal procedure should I follow to get my pension started.....approximately how much time will the procedure take and how much will it cost me

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Vishwabandhu

Responded 5 years ago

A.Dear Client Tell me what was the option
given by your Bank. Has Bank gave u a Lump Some amount instead of life long pension ? If u accepted that option ?

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Shanti Ranjan Behera

Responded 5 years ago

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A.Dear Client,
One need to your papers closely before saying anything.On the whole you can
do the following:
1.File a Writ petition in the High Court for giving direction to your bank to
complete your paperwork within certain time frame which will be blessing.
2.Approach your Bank to do it faster.
3,File a Petition before a Banking Ombudsman ( there must be one near by or at least one in every state)
Shanti Ranjan Behera
Advocate

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Prabhakara S K Shetty

Responded 5 years ago

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A.search for the general secretary of SBI pensioners` Association Mr. Prasad in Bangalore. I am not supposed to provide any number or address here.

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ARPIT BATRA

Responded 5 years ago

A.You can approach the High Court for the same.

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Vishwabandhu

Responded 5 years ago

A.Dear Client Tell Me
1 If bank offered u option that instead of lifelong pension u may take lumpsome amount?
2 Have u accepted that option ?

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Anonymous

Replied 5 years ago

Yes I have accepted that option because they were as asking for 56% extra fund which I was short of that moment

Vishwabandhu

Replied 5 years ago

Dear Client u accepted the option with your own free will and now after 2 year u want to change it ?
Bank has done no wrong to u.
U can not file any case against bank.

Anonymous

Replied 5 years ago

Thank you Vishwabhandu ji
But recently bank gave one more chance to opt for pension for CRS employees so I was wondering I deserve a chance too also I am ready to give funds for that..... please guide me what should I do
What are the chances in case I file WP

ROBERT D ROZARIO

Responded 5 years ago

A.If you know your PPO number then write to the commissioner of the employee provident fund and pension department for immediate release of pension. Alternatively you can approach the grievance redressal officer (ombudsman) of BOI for the commencement of your pension and other benefits along with interest.

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Rajender Prasad

Responded 5 years ago

A.dEAR SIR, APPROACH hIGH COURT FOR ISSUING DIRECTION TO THE CONCERNED BANK THROUGH WRIT PETITION. FOR DETAILS PL. CONTACT SOMEADVOCATETHROUGH VIDHIKARYA.COM

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Rameshwar Dadhe

Responded 5 years ago

A.U should approach to the high court and file writ petition against them

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Kishan Dutt Kalaskar

Responded 5 years ago

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A.Dear Sir,
The Supreme Court says pension is not bonaza but it is necessity of a retired person. Approach High Court by filing WP

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Anonymous

Replied 5 years ago

Thank you so much sir I am from shujalpur Madhya Pradesh....can you please suggest me a lawyer for WP
Also which high court am I supposed to approach.

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