The High Court of Panjab and Haryana has dismissed 808 writ petitions challenging the 15-year period for pension restoration after commutation. The petitions, filed by retired Punjab government employees, had sought restoration of commuted pension after a shorter period of about 12 years, arguing that the existing 15-year period was arbitrary and unjustified.The amount of…
Pension Restoration: High Court Upholds 15-Year Commutation Period was originally published on All India RBI Oers Pensioners Forum
Holiday Homes Directory for RBI Retirees – Web App updated AIRBIOPF has updated a web application that includes a directory of holiday homes specifically for RBI retirees. This directory contains information about all available holiday homes as of July, 2024.User has… Continue Reading →
In Memoriam: K. BalakrishnanIt is with deep sorrow that we announce the untimely passing of our esteemed colleague and friend, K. Balakrishnan. Balakrishnan was a dedicated officer who retired under the OERS Scheme. He served as the Secretary of the… Continue Reading →
The concept of granting additional pensions to Central Government Pensioners, as being circulated in the media reports, is not new, and numerous eligible pensioners are already benefiting from this provision.
The RBI has noted the rise of unauthorized websites and applications that falsely claim to be registered with the Bank. These entities pretend to offer legitimate financial services or digital lending applications. Public trusts them unwittingly.
RBI Pensioners may note the following information for Income tax guidelines about matters like reporting savings, investments, and claiming rebates/deductions to the offices concerned for the Financial Year (FY) 2024-25. New Tax Regime a) By default, the TAX REGIME from… Continue Reading →
Department of Information Technology (DIT) Central Office, who had already been working on it, has now advised about the launch of a New EKP portal for those who are without the RBI Email ID i. e. (pre-April 16) retirees. follow the steps given to access the portal.
The Union Finance Ministry has recently notified the wage revision for LIC employees, which will benefit over 1.1 lakh employees in the state-run insurance company. Some key points of the recently notified wage settlement for LIC (Life Insurance Corporation of India) employees are as… Continue Reading →
United Forum of Bank Unions (UFBU) and Indian Banks Association(IBA) signed the 12th Bipartite Settlement on 8th March 24 at Mumbai. The 9th Joint Note for the Officers Associations was also signed simultaneously. History of 12th Bipartite Settlement UFBU submitted… Continue Reading →
Overall, the recent improvements in updating retirees’ Pension and Family Pension, and the changes in GMP reflect RBI’s commitment to enhancing the well-being of its retired employees.
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