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…
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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Despite the SC orders to deposit the amounts in courts for payment to the petitioners, LIC plays foul, uses dilatory tricks, seeks repeated adjournments , feigns non-availability of counsels on due dates to drag the suits to all possible extents. Needless to say, these skills are an inseparable part of our Democratic Justice Delivery System.
Banking Codes and Standards Board of India (BC & SBI) is to empanel Retired Bank officer (Chief Manager)/RBI Officers (DGM, AGM, Or Equivalent) as Authorised Field Officers. View/Download Details & Format For Submitting Resume. Some of the Basic requirements are: * Qualification: Retired Bank Officer / RBI Officer. * Designation/ Grade at the time of…
Fed up with the Government’s tactics, the present RBI Governor included the problem with Government in para x.28 of the RBI Annual report 2015, which no earlier governor liked to do.
But, here we should not overlook the fact that reliance on bank’s circular or Regulation 5(2) would have become redundant had there been a specific regulation regarding updation of pension.
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…
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…
General Secretary, AIRBIOPF, has written a letter to Governor , Shri Raghuram Rajan requesting for interim relief till pension is updated. In letter dated 16th August 2014 he says : “It is also earnestly requested to grant interim relief to the retirees till the final order of updation of pension is received from the Govt.” The letter…
