RBI has renewed GMP for OPD to RBI Pensioners by their circular dated December 31, 2019. Policy Period is – January 1, 2020 to December 31, 2020. Details are given below: OPD Scheme – Details 1. Circular dated December 31, 19 2. Salient features 3. TPAs names and Zones Allotted 4. Relationship Managers with email addresses…
Bank has set right the anomaly by proportionately applying multiplication factor where pension was worked out on different pay scales. Earlier the basic pension was revised by applying one multiplication factor as given in circular dated 7th march 2019, although pension was calculated on two different pay scales. Date of retirement Basic Pension revised by…
Bank has updated the Master Circular about Medical Assistance Fund Scheme (MAFS) in the light of the instructions issued till November 4, 19. We have split the Master circular in two parts.Part I – containing the detailed instructions and ,Part II – containing forms for official use.Members may view (Part I) here. Some extracts relevant…
Bank has, recently, setup Holiday Homes for officers at Havelock Island, Andaman and at Vrindavan–Mathura, UP . Also, Bank has setup Holiday Home for Workmen Staff & Officers at Shantiniketan, West Bengal. The details are: The period of allotment will be for a maximum of four room nights at a time i.e. one room for…
The rates for reimbursement of various items of medical expenses incurred for indoor/ outdoor treatment for the in service employees have been updated by the Bank and are given in the letter dated 21st September, 19. These rates are applicable for treatment taken at 8 metro centers. As room charges and ICU/ ICCU charges are…
As RBI has onboarded to JeevanPramaan portal as Pension Sanctioning Agency (PSA) and Pension Disbursing Authority (PDA), the option of submitting Digital Life Certificate (DLC) has been introduced effective this year ( November 1, 2019) for RBI’s Pensioners, Family Pensioners and Ex-Gratia Recipients . DLC is an alternative to the existing option of submitting the…
Bank has made available the latest Master Circular dated 1st July 19 on Pension. We have split the circular in two parts- one containing the detailed instructions and the other part contains forms for official use. Members may view (Part I) here. Some relevant extracts are reproduced below. RBI Pension Regulations, 1990 do not cover…
As the earlier cashless GMP policy under MAFS taken from Bajaj Allianz General Insurance Company Ltd. expired on August 14, 2019, the policy has now been placed with New India Assurance company Ltd. for a further period of one year (15-8-19 to 14-8-20) on the mutually agreed terms and conditions. As there is a change…
Labour Bureau, M/o Labour and employment have made available the following AICPINs for the quarter ending June 30, 2019: Month Index nos.base 2001 Index nosbase 1960 April 312 7121 May 314 7167 June 316 7213 As the pensioners are being paid Dearness relief at the average 6885 for the half year from February 19 to July…
RBI has issued a circular dated 22nd July,19 advising that the window for entering declaration of savings/ investment/ income from other sources has been enabled in Samadhan portal.1. For retirees in Class IV, the local HR Administrators may enter the declaration in the Samadhan portal (on behalf service) upon receipt of hard copy of the…
