common Charter Of Demands (COD) of BANK PENSIONERS (13th BPS wef 01-11-2027):* (21-05-2026)

FIRST TIME IN VANKING INDUSTRY

*common Charter Of Demands (COD) of BANK PENSIONERS (13th BPS wef 01-11-2027):* (21-05-2026)

* First Time in Banking History

* To be submitted to IBA by CBPRO in Jun/Jul 2026

*ALL BANKS:*

1. *IBA Direct Talk with Pensioners:* Associations (CBPRO) for Pensioners issues

2. *Pension Updation on RBI line:* (RBI: 2019, 2023 & 2026) for ALL BPS (Past, Present & Future)

3. *ADDL PENSION:*

Age 65 - 5%, 70 - 10%, 75 - 15%, 80- 20%, 85 - 30%, 90 - 40%, 95 - 50% & 100 - 100%

4. *Common QTLY DA (Base yr: 2016, not 1960) for ALL:*

Merger of DA@8088 (Serving, Retd: Pre Nov 2022 & Retd: Post Nov 2022)

5. *100% DA Neutralisation:* wef 2005 instead of 01-10-2023 (Retd: Pre 2002)

6. *BASIC PENSION Calculation: LAST PAY* or 12/10m Avg pay,  whichever is *higher*.

7. *Min Basic Pen:* Anomaly 

Pre 86 Retd: 10,000

Post 86 Retd: Actual (Less than 10,000)

8. *Basic Pension for SPL ALLOWANCE:* wef 01-11-2012 (10th BPS)

9. *Anomaly: 10th BPS*

Retd Apr 2015: 

STAG taken for last 12m

Retd (May 2015 to Mar 2016): STAG not taken for last 12m

10. *Anomaly: 11th BPS*

AGM STAG (11th BPS): wef 01-11-2020 instead of 01-11-2017

AGM STAG (12th BPS): wef 01-11-2017 instead of 01-11-2020

11. *Tax Excemption Limit - 8 Mon PL - LEAVE ENCASHMENT*@Retirement: 10 Lac to 25 Lac wef 01-04-2016 (Central) instead of 01-04-2023

12. *GRATUITY:* 3 Lac to 10 Lac wef 01-01-2006 (Central, 6th CPC) instead of 24-05-2010.

13. *GRATUITY:* 10 Lac to 20 Lac wef 01-01-2016 (Central, 7th CPC) instead of 29-03-2018.

14. *GRATUITY:* 20 Lac to 25 Lac wef 01-01-2024 (Central)

15. *GRATUITY Calculation Method:*

Include DA, Spl Allow, Above 30 yrs: 45 days per month, Calc: 26 days/Mon, not 30 days/Mon

16. *COMMUTATION RECOVERY:* 15 yrs to 12/10 yrs

*SBI:*

1. *SPL PAY for OFFICER PENSIONERS (6250 + DA) wef 01-11-2017:*  instead of 01-08-2024. Dy Mgr & CM same Pension (12th BPS) anomaly (Affected: 22%, 50000 out of 230000 Pensioners)

2. *50% Pension wef 01-03-1999:* instead of 10-11-2023

3. *Commutation Factor:* 6.60 to 8.194 (PSB)