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GMP for OPD expenses introduced for 70+ RBI Pensioners effective January 1, 2018

1. Group Mediclaim Policy from New India Assurance Company Ltd to cover OPD expenses to pensioners of 70 years of age and above which will commence from January 1, 2018 and will be valid up to December 31, 2018 has been introduced by the Bank vide  HRMD circular dated November 10,2017. 2.  The policy will  cover pensioners and…

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Allow RBI to open option to CPF optees – Statutoriastion of Staff Regulations not needed!

The Committee, therefore, feel that statutorising the service Regulations under section 58 of
the RBI Act instead of allowing them to continue under Section 7 is likely to have an adverse impact on the overall freedom available to RBI besides causing procedural delays and urge the Government that the RBI (Staff) Regulations, 1948 may continued to be framed under Section 7 of the RBI Act, 1934.

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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…

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RBI Pensioners’ -Pension Calculator-Feb13 to July13

Pension Calculator for RBI Pensioners – Ist Nov 1987 onwards Forget about slabs/ DR/CPI  figures Enter your Date of Retirement (dd/mm/yyyy) and Basic Pension in the Calculator below:- {Basic pension is 50% of your (basic pay+admissible allowances for superannuation ) at the time of retirement} i.e. Pension  before commutation get your gross pension credited to…

the meeting
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