**ALL PENSIONERS MUST MAKE A NOTE OF THIS POST**
Many cases have come to light where the Banks have made recoveries in one go on their own without any intimation to the pensioners or without their concurrence on the Excess Pension Payments made erroneously by their staff.
Such recoveries if made in bulk are illegal and against the instructions issued by the RBI and Govt of India.
(SUCH A DIFFICULT SITUATION IS AVOIDABLE IN CASE THE PENSIONERS KNOW THEIR PENSION ENTITLEMENTS FORM TIME TO TIME. WE HAVE ENDEAVOURED IN OUR BLOG SITE TO GIVE OUT DETAILS OF THE ENTITLEMENTS OF ALL RANKS OF THE ARMED FORCES.)
Many cases have come to light where the Banks have made recoveries in one go on their own without any intimation to the pensioners or without their concurrence on the Excess Pension Payments made erroneously by their staff.
Such recoveries if made in bulk are illegal and against the instructions issued by the RBI and Govt of India.
(SUCH A DIFFICULT SITUATION IS AVOIDABLE IN CASE THE PENSIONERS KNOW THEIR PENSION ENTITLEMENTS FORM TIME TO TIME. WE HAVE ENDEAVOURED IN OUR BLOG SITE TO GIVE OUT DETAILS OF THE ENTITLEMENTS OF ALL RANKS OF THE ARMED FORCES.)
The legal position on the case of recoveries of excess pension remitted by banks to pensioners is as follows:-
(a) The Banks (PDAs) are not permitted to make such recoveries beyond one third of the