UNITED FORUM OF RESERVE BANK OFFICERS & EMPLOYEES issued a circular dated 28th April 2014 the para 2 of which states: ” Bank took note of our concerns and assured that Bank would be making endeavour to address those and protect the interests of employees and retirees, regarding fixation of pay for pension, “rationalization” of perks…
It is learnt from very reliable sources that United Forum Leaders met the Bank today morning and conveyed their approval in respect of Pension Updation etc. United Forum is likely to issue a circular soon. await the details. congrats! AIRBIOPF
“Govt’s response flows from ‘political’ level and their
original stand has been modified by Bank’s and his interactions”
“We have been demanding improvement of pension and not reduction thereof. We emphasized that updation of pension every 10 years will create many anomalies and differential treatments
Today the representatives of the UNITED FORUM OF RESERVE BANK OFFICERS AND EMPLOYEES met ED Sh. R.K. Gandhi and conveyed their strong resentment against the informal proposal floated by M/o finance to revise Pay scales of the staff every 10 years instead of existing 5 years. The proposal of Revision of Pay-scales every 10 years…
About 500 Retirees and in-service staff of RBI held a Silent Demonstration at RBI New Delhi on 7th march 14. They demanded Updation of Pension and Opening of Fresh Option for Pension at the call of United Forum of Reserve Bank Officers and Employees. The Directors of Central Board were handed over a detailed memorandum urging them to resolve the…
1.All India Reserve Bank Retired Employees Association Mumbai, has convened a meeting of the CEC members in Mumbai on 6th and 7th March 14. Reporting on ” RESTORATION OF PENSION UPDATION “, is the first item on the Agenda circulated to CEC members. Needless to say. the pension scheme in banks needs a revision urgently. The…
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Pre 97 RBI retirees are getting revised pension only on account of the stay granted by Mumbai high court -WP2403 of 2009-,although the bank had issued letters for making recoveries and in absence of the court orders helpless retirees were left with no alternative but to submit to huge recoveries . No organisation other than the court could have stalled the recoveries, and , as a consequence cause of updating Pension would have been lost for ever.
