Events This Week-About Pension Updation

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 last time bank pensions were revised was for pre 1997 retirees.Since then many government  pension schemes such as the Railways and Defence(one Rank One Pension) has made a significant face change. But, the government is not allowing to update the pension scheme in banks.

2. All India Bank Retirees Federation is holding a MASSIVE RALLY CUM DHARNA at Jantar Mantar New Delhi on 7th march 14  from 10 A.M. to 2 P.M. to protest against indifferent attitude of the government towards long pending demands of the retirees.
“BANK RETIREES ARE ANXIOUS ABOUT UPDATION OF PENSION ….” says the press release of Retirees Federation.