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GMP for OPD to RBI Pensioners – ( 70+) Renewal – January1, 2019 to December 31,2019

As you may be aware that RBI has renewed  GMP for OPD to RBI Pensioners by their circular dated January 1, 2019.  Policy Period is – January 1, 2019 to December 31, 2019. Details of circular are given below:  1. Forwarding letter.  2. Salient features  3.  TPAs names and Zones allotted 4. Relationship Managers with email…

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यादों का संगम-Retirees get together – organised by RBI New Delhi.

New Delhi office arranged  a  get together for the RBI retirees at Sarojini Nagar Grounds on 11th November,18 to facilitate submission of life certificate, noting of evidence regarding declared savings and for TPA/MAF issues. The unique event was organised on a massive scale for the first time at the initiative of  RD New Delhi (Sh. E .E….

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RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2018-19) for retirees -E-Card download

But it has been a continuing general grievance for the past several years that whenever a new insurer  is introduced for reasons best known to bank,  the ID cards are not dispatched within  reasonable period . It is so because at the time of changing the insurer, the bank does not impose a condition that cards are  issued within one month invariably. And if not , a penalty clause must have been included in the agreed terms and conditions..

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RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2018-19) for RBI retirees ( August 15, 2018 – August 14, 2019)

As the earlier cashless GMP policy under MAFS taken from United India Insurance Company Ltd expired on August 14, 2018, the policy has now been renewed for a further period of one year (15-8-18 to 14-8-19)  with Bajaj Allianz General Insurance co. Ltd.  on the mutually agreed terms and conditions. As there is a change…

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Pension Calculator for RBI Pensioners-Aug 18 to Jan 19

[office src=”https://onedrive.live.com/embed?resid=72450CEA81B9A7BF%216862&authkey=%21AEu3k9CXaW7o_uE&em=2&wdAllowInteractivity=False&AllowTyping=True&ActiveCell=’818_119′!A6&Item=’818_119′!A6%3AD13&wdHideGridlines=True&wdInConfigurator=True” width=”458″ height=”373″] DR in respect of family pensioners : 141.30% In service employees in RBI will get 12 slabs more.  

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Medical Assistance Enhanced to Pre-January 1,1986 RBI retirees or their family members

Bank has  enhanced the quantum of Medical Assistance  being paid to pre-January 1, 1986 retirees or their family members who are drawing family ex-gratia or ex-gratia relief as under:   Class / Grade at the time of retirement /death while in service Medical Assistance Class IV Rs. 9050/-   Class III RS.10,100/- Officer in Grade A,B,C Rs.11,700/-…

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GMP for OPD to RBI Pensioners-Delay in reimbursement of claims for spouses

In no case, such claims should be kept pending for reimbursement as it amounts to hardship and suffering for the pensioners on account of deficient functioning of the Scheme by Insurance Company for which Bank cannot claim immunity as per law being the originator of the scheme duly published and circulated.  

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GMP For OPD to RBI Pensioners 70+; TPA cards for spouse and related issues

Delay of about four months in providing the data that is already available with offices and has since been transferred to Central office  does not speak well of the functioning  in the Bank. Die hard advocates of the bank  who prefer to  overlook inordinate delays in almost all matters pertaining  to retirees  and shower praises on  the Bank for bringing the scheme on its own, must also consider that a suffering claimant’s account needs  reimbursement that in many cases runs in thousands. Of what use the praise of the bank is to him?