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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…

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EMPANELMENT OF RETIRED BANK / RBI OFFICERS AS FIELD MANAGERS FOR SURVEY OF BANK BRANCHES ON CODE COMPLIANCE, 2016

 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…

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Violations by IFFCO TOKIO General Insurance Co. Ltd.-Group Mediclaim Policy 2015-16

We have come to know from the retired  members of MAFS that the present Insurance company -IFFCO Tokio- with whom the GMP contract for the period 2015/16  has been renewed-  has initiated  restrictive practices regarding settlement of their pre-authorisation  bills with Network Hospitals. Some other  unauthorised practices have also been observed in cases relating to   planned hospitalisation such as, Cataract…

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Holiday Homes facility -RBI Retirees debarred on weekends

Thus, the decision to restrict the visit of retirees is regressive. It seems to represent a thinking where the senior citizens are considered as dead wood, not requiring any comfort vis-à-vis working employees. Please do not forget that all working employees will be retired employees, one day in future.

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RBI-Medical Assistance Fund Scheme (MAFS)-GMP (2015-16) for RBI retirees renewed with IFFCO Tokio GIC Ltd.

As per our unhappy past experience with the Insurance company and TPAs regarding issue of new ID cards, and as the Bank has used the phrase “in due course” instead of prescribing a time limit for issue of new ID cards, retirees may remain vigilant, and in case they do not receive new ID cards within 3 weeks, they should contact the Relationship Managers concerned for immediate issue of ID cards along with details of Hospitals empanelled.

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31 Slabs more for RBI Pensioners – DR rates from August 2015 to January 16

Latest DR rates effective August 2015  for RBI 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%21353&authkey=AP7HWj-wz55OHow&em=2&wdAllowInteractivity=False&ActiveCell=’Sheet6′!E1&Item=’Sheet6′!E1%3AH7&wdHideGridlines=True” width=”274″ height=”289″]