Monday, November 28, 2016

61 Vs 16

" I'm not 61. I'm 16 with 45 years' experience"  ... goes a message from a SeniorCitizen, on the Social Media spreading.

Make it true !  Every Senior Citizen  should feel  16, irrespective of his age by number.  Afterall, age is just a number. The rest is what you feel !

Sunday, November 27, 2016

Give up your Driving Licence

This news is quite interesting... but thought provoking !

Japan Police offers soup discounts for elderly drivers who give up driving licence !!

This offer comes after a series of deadly accidents caused by cars driven by Senior Citizens.


Are you driving vehicles ?  If so, then its time you think thrice .... Give up driving or not ! ?

But it all depends on your health, confidence, and experience. It's also better someone else too evaluate your driving .  Ask a mature youngster to assess your driving. Then take a decision to give up or not.

But one thing for sure ... DON'T  expect any discounts for anything atall !  May be that no one bothers if you make a deadly accident  ! Is that's our system ??  But YOU don't make that sin.



Rise of DA - Pre and post 1-1-2016

DA for Pensioners (as on Sept 2016 )  ;  %increase over 1-1-2006   =  135.04
                                                                 %increase over  1-1-2016  =   4.24

At the old rate, the increase in DA (over 1-1-2016)  is 10.04 % on pre-revised BP
At the new rate, the increase in DA (over 1-1-2016, 7CPC fixed)  is 4.24 % on 7CPC fixed BP.




LET US LIVE IN PEACE .... !!

"Bharat Pensioners Samaj", the largest Pensioners'Organisation, made a request to the Government.

" LET US LIVE IN PEACE IN THE EVENING OF OUR LIVES.  DO NOT PUSH PENSIONERS TO COURTS TO SEEK JUSTICE.

Allow us to choose any one of the following three options for Pension / Family pension revision of pre-2016 pensioners/ family pensioners.

1.     2.57 times of the pension recommended by the 7CPC and accepted by the Government.
2.      Option 1 recommended by 7CPC and accepted by the Govt, if that is beneficial for them
3.      Determine the pension based on the suggestion placed by the Pension Dept on 6-10-2016 ; ie. the Notional pay in  7CPC  be arrived by applying the formula for pay revision for the serving employees in each pay commission and giving 50% of this notional pay as pension to all pre-2016 Pensioners/family pensioners , if beneficial to them.

BPS  says, GET READY FOR THE FIGHT !   IT's NOW OR NEVER !!


Friday, November 25, 2016

No Pay hike for Non-performers

ISROfef supports this idea/ action (if implemented ! ) 

At the same time, ISROfef  thinks about ... Had this been implemented in 1976  ( 4CPC) or 1986 (5CPC)  !!  ????

How many of you would have got your full pensions ???


Wednesday, November 23, 2016

Squeezing the Seniors

Please make sure that you read today's Editorial of BusinessLine.

ISROfef is too happy that atleast one responsible media is now raising the issue, though a bit late.

The issue is that of the bank rates going down. Now with the demonetisation of  currencies, the inflation is heading south. This will now be followed by a sharp fall in bank deposit and small saving rates.  Though this is certainly good for the national economy, its a serious problem for the depositors.

As we all know, most of the pensioners / senior citizens have deposited their funds, hoping and depending on its interest income. With the interest rates falling, we all, pensioners and senior citizens are in a serious problem.

This well known issue, however , is not in the eyes of our Government authorities. BusinessLine now writes :

With bank deposits and small savings rates likely to fall sharply, the Centre must consider measures to cushion Senior Citizens.





Prof. M G K Menon


Padma Vibhushan  Prof. M G K Menon 

Our former Chairman, and a prominent Physicist / Scientist , is no more. He was 88, and died yesterday,  May his soul rest in peace.



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