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UFBU pact with IBA – impact on Pension Updation for RBI retirees.

After the signing of 10th bipartite settlement, a bipartite record note about the issues of the retirees in banks has surfaced. Important points made by IBA in the Note and our comments in the matter are: IBA OUR COMMENTS 1. Demand of retirees can be examined only as a welfare measure, as contractual relationship does not…

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51 Slabs more for RBI Pensioners – DR rates from February 15 to July 15

Latest DR rates effective February 15  for RBI/Bank Pensioners are given below. These  rates are also applicable to  Pensioners from other Banks  who are getting full neutralisation  of DR . [office src=”https://onedrive.live.com/embed?cid=72450CEA81B9A7BF&resid=72450CEA81B9A7BF%215608&authkey=AELD0y_n1M1MXxU&em=2&wdAllowInteractivity=False&ActiveCell='DR215_715'!A1&Item='DR215_715'!A1%3AE8&wdHideGridlines=True” width=”425″ height=”279″]

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MAF scheme- Group Mediclaim Policy renewed for 2014-15

RBI by its letter dated 14th August 2014 enhanced the Grade wise limits for Group Mediclaim Policy : Grade-wise limits-Sum insured & limit of Bed charges of Retired Employee & Spouse Category Sum Insured & Limit per hospitalization     ( Rs) Limit of Bed Charges per day for normal hospitalization(Rs) Limit of Bed charges…

Latest Dearness Relief Rates for RBI Pensioners

Pensioners /Family Pensioners will get their enhanced Pension on the rates as per the details below- from August 2012 to January 2013 : The rates of Dearness Relief on Pension/Family Pension/Ex-Gratia as % of basic pension/family pension   Pension / family pension based on August 2012 to January 2013 February 2012 to July 2012 Increase in D.A….