Pension updation – a view
But, here we should not overlook the fact that reliance on bank’s circular or Regulation 5(2) would have become redundant had there been a specific regulation regarding updation of pension.
Pension updation for RBI retirees – a test for RBI autonomy-S.S. Tarapore
We will be hoping against hope and 2016 may dawn with lesser number of pensioners needing updation.
banking general | IRDA | MAF
RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2015-16) for RBI retirees renewed with IFFCO Tokio GIC Ltd.
As per our unhappy past experience with the Insurance company and TPAs regarding issue of new ID cards, and as the Bank has used the phrase “in due course” instead of prescribing a time limit for issue of new ID cards, retirees may remain vigilant, and in case they do not receive new ID cards within 3 weeks, they should contact the Relationship Managers concerned for immediate issue of ID cards along with details of Hospitals empanelled.
RBI Pensioners-DR rates – Feb 12 to Jan 16
[office src=”https://onedrive.live.com/embed?cid=72450CEA81B9A7BF&resid=72450CEA81B9A7BF%215656&authkey=AC5DJIViyBbngwI&em=2&wdAllowInteractivity=False&ActiveCell=’815_116′!A1&Item=’815_116′!A1%3AD14&wdHideGridlines=True” width=”378″ height=”469″] Use Pension calculator to find the latest Pension/gain
31 Slabs more for RBI Pensioners – DR rates from August 2015 to January 16
Latest DR rates effective August 2015 for RBI Pensioners are given below. These rates are also applicable to Pensioners from other Banks who are getting full neutralisation of DR . [office src=”https://onedrive.live.com/embed?cid=72450CEA81B9A7BF&resid=72450CEA81B9A7BF%21353&authkey=AP7HWj-wz55OHow&em=2&wdAllowInteractivity=False&ActiveCell=’Sheet6′!E1&Item=’Sheet6′!E1%3AH7&wdHideGridlines=True” width=”274″ height=”289″]
Pension updation in RBI-Recent Events
A silent Dharna was held at RBI Chennai on 2nd July 15 by the RBI retirees and all the working employees about the “unresolved problems of Pension updation and one more pension option etc.” A memorandum was “presented“ to the Board members. Incidentally, from other sources, it is learnt that the finance secretary was not…
UFBU pact with IBA – impact on Pension Updation for RBI retirees.
After the signing of 10th bipartite settlement, a bipartite record note about the issues of the retirees in banks has surfaced. Important points made by IBA in the Note and our comments in the matter are: IBA OUR COMMENTS 1. Demand of retirees can be examined only as a welfare measure, as contractual relationship does not…
Crucial meeting with M/o Finance to-day -Pension updation
A silent protest demonstration was held at RBI New Delhi today morning at 8AM against M/o finance’s delaying tactics regarding decade old demand for revision of pension with every wage revision and opening of pension option. A large number of retirees and employees gathered at the main gate. RBI Governor Sh. Raghuram Rajan, sprang a…
Wait till eternity-RBI Pensioners!
The cartoon above was also published on Facebook X-Rbite group page and has many ‘likes’. As per the information received under RTI act, 642 RBI-pensioners died during the year 2013-14 only. Babus in M/o Finance are quite indifferent to this. Although Governor has lamented the loss of life, but at the same time he states what needed…
Wage revision-UFBU and IBA enter into an MOU
AS per MOU -the Minutes of the discussions held on 23″’ February 15 between IBA and UFBU , the undernoted salient features have been agreed upon. 1.The wage revision will be effective from 01.11.2012. 2.The annual wage increase in salary and allowances @ 15% which works out to Rs. 4725 crores on salary slip components. 3.The new scales…