This post is in response to the queries as to how the reduction of 16 slabs of Dearness Allowance(DA) for in-service employees in April 14 will affect the RBI Pensioners Dearness Relief(DR) in August 14. And whether there will be any increase of DR for Pensioners in Aug 14! The answer is pensioners may get 13-17 slabs…
Executive Committee Members of the Forum of Retired Employees of RBI, Chennai and the United Forum of Officers and Employees of RBI met RBI Governor separately at Chennai on 10th July 14. Present among others in the meeting were Sri R. Gandhi, Dy.Governor, Dr.Sadakkadulla, Regional Director (TN). The Forum of the Retired Employees requested the…
UFBU delegation met Finance Minister Shri Jaitley and submitted a memorandum on wage revision UFBU delegation met Hon’ble Finance Minister Shri Arun Jaitley on 27th June 2014 in his office in New Delhi and submitted a memorandum on Wage Revision. “Despite the fact that 20 months have passed since the negotiations began, no significant improvement has been…
Desperate wait for the Bank Employees ended on 13-6-2014 when the talks with IBA resumed after 3 months on account of political scenario in the country. But the result is more desperation! IBA offered 11% increase exclusive of other costs on retirement benefits, LFC, hospitalization expenses, etc. i.e. 1% more than the previous offer of 10%. UFBU rejected…
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…
