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GMP for OPD expenses introduced for 70+ RBI Pensioners effective January 1, 2018

1. Group Mediclaim Policy from New India Assurance Company Ltd to cover OPD expenses to pensioners of 70 years of age and above which will commence from January 1, 2018 and will be valid up to December 31, 2018 has been introduced by the Bank vide  HRMD circular dated November 10,2017. 2.  The policy will  cover pensioners and…

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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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RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2017-18) for RBI retirees -Renewal for the period August 15, 2017 – August 14, 2018

As the earlier cashless Medi claim policy taken from United India Insurance Company Ltd expired on August 14, 2017, RBI has, now, renewed the policy for a further period of one year (15-8-17 to 14-8-18)  with United India Insurance Co.Ltd. (UIIC) on the mutually agreed terms and conditions. There is no change in the Third Party…

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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…

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RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2016-17) for RBI retirees renewed with United India Insurance co.

The earlier cashless Medi claim policy with the private sector company – IFFCO TOKIO– expired on August 14, 2016. RBI has ,now, renewed the policy for a period of one year (15-8-16 to 14-8-17)  with United India Insurance Co. Ltd.(UIIC). There is a change in the Grade-wise limit for ICU, room/bed charges, sum  insured per hospitalization. There…