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.
Bank has made available the latest Master Circular dated 1st July 19 on Pension. We have split the circular in two parts- one containing the detailed instructions and the other part contains forms for official use. Members may view (Part I) here. Some relevant extracts are reproduced below. RBI Pension Regulations, 1990 do not cover…
Dearness Relief is payable to Pensioners for the period February 13 to July 13 as per the rates given below: [office src=”https://skydrive.live.com/embed?cid=72450CEA81B9A7BF&resid=72450CEA81B9A7BF%21173&authkey=AKKELeyx9HnYJQA&em=2&wdAllowInteractivity=False&Item='Sheet1'!A1%3AE18&wdHideGridlines=True&wdDownloadButton=True” width=”492″ height=”506″]
[office src=”https://skydrive.live.com/embed?cid=72450CEA81B9A7BF&resid=72450CEA81B9A7BF%21170&authkey=AJ8dvnj5qwGHg9s&em=2&wdAllowInteractivity=False&AllowTyping=True&ActiveCell='Sheet3'!A7&Item='Sheet3'!A7%3AJ13&wdHideGridlines=True” width=”700″ height=”427″]
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…
AS per MOU -the Minutes of the discussions held on 23″’ February 15 between IBA and UFBU , the undernoted salient features have been agreed upon. 1.The wage revision will be effective from 01.11.2012. 2.The annual wage increase in salary and allowances @ 15% which works out to Rs. 4725 crores on salary slip components. 3.The new scales…
As you may be aware that RBI has renewed GMP for OPD to RBI Pensioners by their circular dated January 1, 2019. Policy Period is – January 1, 2019 to December 31, 2019. Details of circular are given below: 1. Forwarding letter. 2. Salient features 3. TPAs names and Zones allotted 4. Relationship Managers with email…
Thanks for the update.Awaiting anxiously for the details.Regards
It OK if the updation is on Basic Pay and not on Grade Pay.
RBI PENSTION UPDATION WHETHER GOVT WILL CONSIDER SBI PENSTION UPDATION WHICH IS LONG PENDING