| |

GMP for OPD to RBI Pensioners(70+)-Renewal- January 1,2020 to December 31,2020

RBI has renewed  GMP for OPD to RBI Pensioners by their circular dated December 31, 2019.  Policy Period is – January 1, 2020 to December 31, 2020. Details are given below: OPD Scheme – Details  1. Circular dated December 31, 19 2. Salient features  3.  TPAs names and Zones Allotted 4. Relationship Managers with email addresses…

| |

MAFS-Master Circular updated till 4th November 19

Bank has updated the Master Circular about Medical Assistance Fund Scheme (MAFS) in the light of the instructions issued till November 4, 19. We have split the Master circular in two parts.Part I – containing the detailed instructions and ,Part II – containing forms for official use.Members may view (Part I) here. Some extracts relevant…

|

GMP-2019-20 under MAFs-updated stoppage charges as applicable to retired members

The rates for reimbursement of various items of medical expenses incurred for indoor/ outdoor treatment for the in service employees have been updated by the Bank and are given in the letter dated 21st September, 19. These rates are applicable for treatment taken at 8 metro centers. As room charges and ICU/ ICCU charges are…

| |

RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2019-20) for RBI retirees ( August 15, 2019 – August 14, 2020)

As the earlier cashless GMP policy under MAFS taken from Bajaj Allianz General Insurance Company Ltd. expired on August 14, 2019, the policy has now been placed with New India Assurance company Ltd. for a further period of one year (15-8-19 to 14-8-20) on the mutually agreed terms and conditions. As there is a change…

| |

RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2018-19) for retirees -E-Card download

But it has been a continuing general grievance for the past several years that whenever a new insurer  is introduced for reasons best known to bank,  the ID cards are not dispatched within  reasonable period . It is so because at the time of changing the insurer, the bank does not impose a condition that cards are  issued within one month invariably. And if not , a penalty clause must have been included in the agreed terms and conditions..

| |

RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2018-19) for RBI retirees ( August 15, 2018 – August 14, 2019)

As the earlier cashless GMP policy under MAFS taken from United India Insurance Company Ltd expired on August 14, 2018, the policy has now been renewed for a further period of one year (15-8-18 to 14-8-19)  with Bajaj Allianz General Insurance co. Ltd.  on the mutually agreed terms and conditions. As there is a change…

| |

GMP for OPD to RBI Pensioners-Delay in reimbursement of claims for spouses

In no case, such claims should be kept pending for reimbursement as it amounts to hardship and suffering for the pensioners on account of deficient functioning of the Scheme by Insurance Company for which Bank cannot claim immunity as per law being the originator of the scheme duly published and circulated.  

| | |

GMP For OPD to RBI Pensioners 70+; TPA cards for spouse and related issues

Delay of about four months in providing the data that is already available with offices and has since been transferred to Central office  does not speak well of the functioning  in the Bank. Die hard advocates of the bank  who prefer to  overlook inordinate delays in almost all matters pertaining  to retirees  and shower praises on  the Bank for bringing the scheme on its own, must also consider that a suffering claimant’s account needs  reimbursement that in many cases runs in thousands. Of what use the praise of the bank is to him?

| |

Dispensary facilities under MAF scheme-system improvements

We reproduce below a letter dated 31st December 17  from New Delhi OERS Optees and Pensioners Welfare Association to the Governor, RBI  with a request to evolve a system wherein the old and sick, feeble and incapacitated retirees are issued medicines without visiting the dispensary. “31st December, 2017 Dr. Urjit R. Patel Governor Reserve Bank…