Bank of Baroda Retired Officers' Association

0265-2351630
bobroa90@gmail.com

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Pre-pension era, in Banking Industry, a retiree on his receiving retiral dues such as Provident Fund – self and Bank’s contribution – Gratuity, Leave Encashment, Additional Retirement Benefit was forgotten by the Bank as also trade union to which he was attached for over three decades, during service period. His bonds with organization, colleagues were snapped overnight and he felt totally cut off and grappled to adjust to the void created by sudden cessation of linkages with the institutions, colleagues and friends. It was a sort of “corporate death” for a retiree.

In such an environment closely observing the efforts of such retiree to come to terms with changed situations at home and society, Shri V. T. Makwana mooted and placed before few like minded friends the idea/proposal of forming an organization to provide a platform to continue the snapped linkages and foster the spirit of fraternity and fellowship among the retirees.

Late Shri A. A. Raval, Shri K. R. Patel, Shri B. N. Patel, Shri C. J. Pancholi whole heartedly accepted the proposal and after establishing contacts with retiree colleagues in Gujarat, a meeting was convened at Ahmedabad on 17th March 1990 to give final shape to the idea.

 

 

BOBROA’s MEMBERSHIP GROWTH FROM 1990 ONWARDS

 

 

 

YEAR

TOTAL MEMBERSHIP

NEW MEMBERS JOINED

 

YEAR

TOTAL MEMBERSHIP

NEW MEMBERS JOINED

 

YEAR

TOTAL MEMBERSHIP

NEW MEMBERS JOINED

 

 

1990

103

103

 

2001

2614

1192

 

2012

6368

615

 

 

1991

149

46

 

2002

2836

222

 

2013

7044

676

 

 

1992

208

59

 

2003

2950

114

 

2014

7912

868

 

 

1993

240

32

 

2004

3035

85

 

2015

8875

963

 

 

1994

363

123

 

2005

3148

113

 

2016

9933

1058

 

 

1995

510

147

 

2006

3286

138

 

2017

10919

986

 

 

1996

572

62

 

2007

3525

239

 

2018

11747

828

 

 

1997

681

109

 

2008

3870

345

 

2019

12382

634

 

 

1998

876

195

 

2009

4337

467

 

2020

12891

509

 

 

1999

1130

254

 

2010

5100

763

 

2021

13327

436

 

 

2000

1422

292

 

2011

5754

653

 

2022

13472

145

 

 

     

 

     

 

2023

14537

534

 

 

     

 

     

 

2024  AS ON 31/10/2024

14859

322

 

 


ACHIVEMENT

Our efforts in fighting for the injustice meted out to the specialist officers in the matter of fixation of pension yielded the desired result when the Honorable Supreme Court of India gave its verdict on 20th July 2017 in favour of the Retired Specialist Officers.

Briefly stated, this matter had arisen on account of  the improper interpretation of Regulation 26 of the Bank of Baroda (Employees’) Pension Regulation, 1995 (BOBEPR, 1995) by the Bank. The Bank had denied addition in the “qualifying service” for calculation of Pension payable to the Specialists and other officers.

Aggrieved by this denial, our members Mr. V. Vijayan and three others filed writ petitions in Madras High Court in 2011. Our Association fully backed them in this case. The case was won by them in 2014. But the Bank filed a writ appeal in Madras High Court and the Division Bench gave an order in favour of the Bank.  Against this order of Madras High Court, a SLP No. 5378-5381/2015 was filed in Supreme Court. This case was tagged on to a similar case in SLP 38764/2016 between Allahabad Bank& others Vs Anandpal Saxena and others.

After hearing the case the Honorable Supreme Court passed order upholding the appeal of Mr. V. Vijayan and others. But again the Bank filed a review petition against this order and the same had been dismissed by the Honorable Supreme Court

This is one more achievement of our organization. The efforts put in by South Zone team are commendable. Shri Rajedrakumar Salecha, Shri Vachharajani, Shri H. L. Desai and others also provided the valuable inputs. 

The IBA has also issued a circular to all PSU Banks to implement the said Judgemnt for the Specilists Officers of their Banks. 

_____________________________________________________________________________________________________
 
ANOTHER JUDGEMENT OF THE HON'BLE SUPREME COURT WHERE THE FINAL HEARING HELD AT THE HON'BLE SUPREME COURT OF INDIA ON 13TH FEBRUARY 2018 RELATING TO:
 

"50% OF PAY AS PENSION (1616 -1684 CONSUMER PRICE INDEX ISSUE) CA NO. 5525/2012 BANK OF BARODA & ORS. Vs G. PALANI & ORS, AND 18 BATCHES COMPRISING OF 982 SPECIAL LEAVE PETITIONS IN RESPECT OF VARIOUS BANKS - 

This is yet another feather in BOBROA's cap alongwith Pensioners / Organization of Canara Bank, State Bank of Mysore and Indian Overseas Bank in a long run and expensive legal battle over a decade. 

The Joint Note dated 14.12.1999 (relatable to 7th Bipartite Settlement signed on 27.3.2000) provided for revision in pay scales of Officers w. e. f. 1.4.1998 with merger of D.A. at -1684-points. However, for pension calculation, the merger of D.A. was restricted to -1616-points.

The anomaly was rectified from 1.5.2005 resulting in· to the merger of -1684-points, but the arrears of pension for the blocks 1.4.1998 to 31.10.2002 and 1.11.2002 to 30.4.2005 i.e.in aggregate for -85- months were not paid.

The Division Bench of the Hon'ble Madras High Court per judgment dated 28.6.2011 had directed for making payment of the arrears finding that the action of the Bank in paying the reduced pension is contrary to the provisions contained in Regulation 2(d) and 35 of Pension Regulations 1995.

The Bank had challenged the Order passed by Division Bench of Hon'ble Madras High Court.

After hearing the arguments/submissions made by the Advocates of both sides in the course of the final hearing, which lasted for about -3- hours, the Hon'ble Supreme Court delivered judgement on 13th February 2018, the effect of which is as under:

"In respect of Pensioners retired on or after 01.04.1998, Pension has to be re-calculated and arears paid from the date of retirement till 30-04-2005 in terms of Bank of Baroda Employees' Pension Regulations, 1995 along with simple in terest at 9% within four months." 

We heartily congratulate our Advocate Shri Vipin Jai and Sr. Counsel B.B.Sahwney for their effective result oriented submission. We also thank and appreciate efforts of our following members for providing inputs and case laws to our advocates:

a.    Mr.R.K.Salecha, Convenor, Central Legal Committee.
b.    Mr.H.L.Desai, Member, Central Legal Committee
c.    Shri Anil Gupta, Member, Central Legal Committee
d.    Shri K.R.Ganesh Rao, Zonal Secretary, Bengaluru Zone.
e.    Shri G.Palani, First Petitioner and National Vice President, Chennai Zone
f.    Shri R.Rajendra Babu, Governing Councel Member
g.    Shri P. Ramamurthy, Advocate & Member Chennai Zone

The aforesaid Judgment has come on account of meticulous handling of the matter at various levels, which will bring good financial gains to the concerned retiree colleagues. This Judgement also strengthens our belief and unshaken commitment to fight for the injustice for various issues relating to the BOB's Pensioners community.

This achievement is also the outcome of the much efforts put in by all the litigants as well as that of various Retirees' Organizations, which stood firmly with them, all through this litigation journey.

The IBA has issueed a circular to all PSU Banks to implement in their Banks the aforesaid Supreme Court's Judgemnt dated 13th February 2018. A copy of IBA Circular dated 03 April 2018 has been placed the web page of "Recent Circulars".  

 
 
 

Benefits to Retirees

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Identity Card
Medical Assistance Scheme
Concessional rates on deposits & more..

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Pending Legal Issues

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100% neutralization of D.A. for Pre 2002 Retirees
Payment of arrears of Pension revision to post
01-04-1998 Pensions

 

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Contect BOBROA

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418-A, Lalita Tower, 
Behind Railway Station,
Station-Akota Road,
Vadodara-390007.
bobroa90@gmail.com

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