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Detailed clarifications for GMP for OPD to RBI Pensioners -70+

This is in  continuation of our earlier post dated 10th November. RBI has now issued detailed clarifications for GMP for OPD to RBI Pensioners by their circular dated January 1, 2018.  Policy Period is – January 1, 2018 to December 31, 2018. As the circular  consists of  16 pages, it has been divided into 9 sections, for…

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Dispensary facilities under MAF scheme-system improvements

We reproduce below a letter dated 31st December 17  from New Delhi OERS Optees and Pensioners Welfare Association to the Governor, RBI  with a request to evolve a system wherein the old and sick, feeble and incapacitated retirees are issued medicines without visiting the dispensary. “31st December, 2017 Dr. Urjit R. Patel Governor Reserve Bank…

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All India Protests by RBI employees and retirees on Pension issues- Is shouting slogans sufficient to impact the deaf and mute ministry?

Recent developments about the 2 Key Pension issues, revision and one last option to CPF optees  have  proved beyond doubt  that as usual, genuine demands of RBI retirees , till now, have fallen on deaf ears, . All appeals, pleadings, representations – from the representative bodies/individuals –  have met with a deafening silence. UFRBOE had…

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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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Samadhan-Glitches

Samadhan, since its introduction in RBI  more than a year back,  continues to  suffer from various glitches. This has  put the RBI Employees/pensioners in deep disappointment. A computer glitch is the failure of a system, usually containing a computing device, to complete its functions or to perform them properly. Although  short-lived, Glitches can also be…