February 14, 2014

"You may be alive today, but show me proof that you were alive last year also?" Bank asked a retired HC Judge

UYes. This story is told by a retired judge who went to collect his pension dues from a Bank.

There are Pension Rules. Every November, millions of retired government servants are required to visit their Bank and file a Declaration that they are still living and they are not dead.

After this form is filled up, Bank will presume that the retired servant is going to live till next November. And so bank will continue to keep crediting pension in his account every month.

Yes these are the rules. However stupid these rules may look to you. Every year in November so much man power is wasted in creating files to show that beneficiary of a pension is still alive.

This happened with the Judge also. For three years such declaration was not filed for some reason.

When he went to bank to sort out difficulties in getting released his pension, his banker told him,

"I have no problem in releasing your pension for this year. But how can I release your pension for earlier two years, unless you bring me some proof that you were alive in these two years."

Well this is the story. Rest you can imagine.

Haresh Raichura
1204
(I don't know what rules in other countries. In this digital era, some better methods can be adopted)