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
Vishwabandhu
Responded 5 years ago
given by your Bank. Has Bank gave u a Lump Some amount instead of life long pension ? If u accepted that option ?
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
ARPIT BATRA
Responded 5 years ago
Vishwabandhu
Responded 5 years ago
1 If bank offered u option that instead of lifelong pension u may take lumpsome amount?
2 Have u accepted that option ?
ROBERT D ROZARIO
Responded 5 years ago
Rajender Prasad
Responded 5 years ago
Rameshwar Dadhe
Responded 5 years ago
The Supreme Court says pension is not bonaza but it is necessity of a retired person. Approach High Court by filing WP