By some rule of PF I became eligible for a minor pension . A handsome amount of Rs 622 pm Which I never used to bother about.
Then the new govt decided to increase it to Rs 910 for reasons best known to it.
There was a catch.
There was no payment for a month -april 2015.
I discovered it accidentally after a few months.
After three trips to my disbursing bank[ including one my car driver went for me] , and also talking to the branch manager who went online to check discovered it was
never transferred.
He suggested to take it up with another branch 15km away and informed that it is the central nodal branch who do the transfer of money.
After 3 more months , debating if it was worth chasing spending petrol for my car and my most valuable time, I thought I will give it a try.
The nodal branch chief manager -a typical punjabi sweet talked me giving me a cup of chai saying the dealing clerk was out inspecting ATM and would be back
after half an hour. He told me he had committed some sins in last janmaa that he has ended up as branch manager of nationalised bank. I consoled him.
He also confessed he does not know how the person managing pension account operates online as he is new there.
After forty five minutes, the dealing clerk turned up. He first offered me lemon chai and then said , after verifying it had not been paid, he has to contact PF
disbursing agency.
He kindly contacted the person concerned on mobile and she coolly informed after check that It was not disbursed in the first place.It was in the pending account
to be paid.
As further course of action , I was told to give an application asking for the money.
There was a promise that after 10 days , it might even be paid.
So ended my chase yesterday for the elusive pension.
This is how EPF and banks work.
I really wonder what others who need pensions manage when there is no payment .
I had a day of entertainment becoming wiser about the way banks and pension authorities function.
I shook hands with him warmly collecting the card of the clerk for future contact.
Others might also have such great experiences. like to share?
Then the new govt decided to increase it to Rs 910 for reasons best known to it.
There was a catch.
There was no payment for a month -april 2015.
I discovered it accidentally after a few months.
After three trips to my disbursing bank[ including one my car driver went for me] , and also talking to the branch manager who went online to check discovered it was
never transferred.
He suggested to take it up with another branch 15km away and informed that it is the central nodal branch who do the transfer of money.
After 3 more months , debating if it was worth chasing spending petrol for my car and my most valuable time, I thought I will give it a try.
The nodal branch chief manager -a typical punjabi sweet talked me giving me a cup of chai saying the dealing clerk was out inspecting ATM and would be back
after half an hour. He told me he had committed some sins in last janmaa that he has ended up as branch manager of nationalised bank. I consoled him.
He also confessed he does not know how the person managing pension account operates online as he is new there.
After forty five minutes, the dealing clerk turned up. He first offered me lemon chai and then said , after verifying it had not been paid, he has to contact PF
disbursing agency.
He kindly contacted the person concerned on mobile and she coolly informed after check that It was not disbursed in the first place.It was in the pending account
to be paid.
As further course of action , I was told to give an application asking for the money.
There was a promise that after 10 days , it might even be paid.
So ended my chase yesterday for the elusive pension.
This is how EPF and banks work.
I really wonder what others who need pensions manage when there is no payment .
I had a day of entertainment becoming wiser about the way banks and pension authorities function.
I shook hands with him warmly collecting the card of the clerk for future contact.
Others might also have such great experiences. like to share?
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