March to Parliament on PFRDA :

Thousands of Employees from different parts of country  marched to Jantar Mantar in New Delhi on 25th November 2011 to protest against PFRDA bill. They demanded withdrawal of PFRDA bill in Parliament. The participants included State Government Employes, Teachers, Pensioners ,Railways(AIRF), Defence(AIDEF) and other Central Government   Employees under the banner of Confederation of Central Government Employees which includes Postal, Income Tax, CSS, AG's Ground Water, Postal Accounts,etc lakhs of signatures collected from employees was presented   to the Hon'ble Prime Minster.

 Overall   the performance of the participation of AICGWBEA was commendable almost all branches participated, The quota allocated by Confederation   was achieved, Red salute to all comrades who participated in the March to Parliament on PFRDA.  .    

A seven member delegation consisting of Coms. S K Vyas, (Convenor, Steering Committee) Shiv Gopal Mishra, (General Secretary, AIRF), KKN Kutty, (Secy. General, Confederation of Central Government Employees & Workers)   S.N. Pathak, (President, AIDEF) P. Abhimanyu (General Secretary, BSNLEU) Rajendran (General Secretary, STFI) and Sukomal Sen (Sr. Vice President, AISGEF) met the Hon'ble Prime Minister today along with Com Basudeb Acharya, MP and Com.  Tapan Sen, MP and General Secretary of CITU. The delegation appealed to the Prime Minister to reconsider the government's policy of privatisation of pension funds and withdraw the PFRDA bill which seeks to replace the existing defined benefit Pension Scheme of government employees. The concern and anxiety of the government employees over the financial security in the evening of their life was also brought to the notice of the Prime Minister.

The petition to the Prime minister elaborated the various reasons as to why the present bill will be neither in the interest of the employees nor will benefit the Government Exchequer (Copy enclosed).

The Hon'ble Prime Minister assured the delegation of the consideration of the petition and the feasibility of providing a guarantee for a minimum pension which the Standing Committee had recommended but unfortunately not found approval of the Cabinet.  The Prime Minister informed the delegation that his Government would not do anything to harm the interest of the employees.

The rally was concluded at 2.30 PM. On behalf of the Steering Committee, Com. Vyas announced that the employees will organize two hour walk out on the next day the Parliament takes up the PFRDA Bill for consideration

March to Parliament on PFRDA :

March to Parliament on PFRDA  : Assemble at Jantar Mantar in New Delhi at 10 am. on Nov 25th 2011

PFRDA bill

NEW DELHI: The government today approved amendments to the PFRDA Bill 2011 while agreeing to the proposed 26 per cent foreign investment in thepension sector but refrained from providing assured returns to subscribers in the proposed law.

The government had decided not to mention FDI capin the legislation itself for retaining the flexibility of changing it through an executive order. The 26 per cent FDI cap is to be mentioned in the regulations to the legislation.

The changes to the PFRDA Bill were approved by the Union Cabinet at its meeting here.

The Bill, which has already been scrutinised by the Parliamentary Standing Committee on Finance, is likely to be taken up for consideration and passage in the Winter Session beginning November 22.

"The government is of the view that FDI cap in the pension should be at 26 per cent at par with the insurance sector. However, it would like to retain the flexibility of changing the cap of FDI as and when required and that is why it has not been kept as part of the bill", an official spokesperson said.

The proposed legislation, the official said, will not provide assured returns to the subscribers of pension schemes.

The Committee, which is headed by senior BJP leader and former Finance Minister Yashwant Sinha, wanted the government to specify the FDI cap in the legislation itself and provide minimum guaranteed return to subscribers.

Source :Economic Times

Revision of PPOs of pre—2006 family pensioners

No.1/20/2011 -P&PW(E)
Government of India
Ministry of Personnel, Public Grievances & Pension
Department of Pension & Pensioners Welfare
Lok Nayak Bhavan, Khan Market,
New Delhi, the 1st November, 2011.

Office Memorandum

Sub:-     Revision of PPOs of pre—2006 family pensioners — regarding.

            The undersigned is directed to refer to Secretary (Pension)'s d.o. letter No.42/68/2009-P&PW(G), dated the 25th May, 2011 and 8th June, 2011 concerning revision of Pension Payment Orders (PPOs) in respect of pre-2006 Pensioners consequent to implementation of 6th CPC recommendations.

2.         It is heartening to learn from replied received the Ministries/ Departments that they are responsive to the needs of Pensioners/Family Pensioners. In the mean while, Central Pension Accounting Office (CPAO) has issued an advertisement, which has been published in the Newspapers on 3rd September, 2011, requesting pre-2006 pensioners/family pensioners to provide prescribed information to the Head of the Department/Office concerned for issue of revised PPOs. In another advertisement published on 15th and l6th September, CPAO has circulated its toll-free telephone number 1800-11-77-88 for registration of grievances. Therefore, all the Ministries/ Departments are requested to seize the opportunity and revise the pre-2006 PPOs at the earliest possible.

3.         It has come to the notice of this Department that the family pensioners are a sufferer's lot as the Banks have not revised the family pension in most of the cases and it is being paid either at the pre-revised rates or at the minimum rate of Rs.3500/- per month. Therefore, all Ministries/Departments and PAOs are requested to take up the matter of revision of family pension as first priority.

(K.K. Mittal)
Director Ph:24624752
_________________________________________________________________________

ALL INDIA SATHYAGRAHA ON 8TH NOVEMBER 2011

Central Trade Unions and other  organizations like Bank , Insurance , BSNl State and Central Government Employees are joining on a single platform to demand.

1) No Contractulasation of permanent jobs
2) Minimum wages of Rs 10,000
3) Enhance Bonus ceiling amount from Rs 3500/-
4) Pension for all.

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