GOVERNMENT OF INDIA / MINISTRY OF FINANCE / LOK SABHA
UNSTARRED QUESTION NO 4871
ANSWERED ON 02.09.2011
ANSWERED ON 02.09.2011
4871 . Shri KAPIL MUNI KARWARIYA
Will the Minister of FINANCE – be pleased to state:-
(a) whether the Government proposes to provide neutralization of Dearness Allowance hundred per cent to the pensioners of the Public Sector Banks retired prior to November, 2002;
(b) if so, the details thereof along with the time by which such neutralization of D.A. is likely to be provided such retired employees of the said banks; and
(c) if not, the reasons therefor ?
ANSWER
The Minister of State in the Ministry of Finance (Shri Namo Narain Meena)
(a): There is no proposal for neutralization of Dearness Relief to 100% to the pensioners of Public Sector Banks retired prior to November, 2002.
(b): Do not arise.
(c): Pension to Bank employees are paid in terms of the Provision of Bank Employees Pension Regulations framed/amended based on settlement / joint note, which do not provide 100% neutralization of Dearness relief to those retired prior to November, 2002.
COMMENTS