Category News
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.
As we enter 2024, let us carry the spirit of resilience and unwavering determination.
Here’s to a brighter future, filled with hope, prosperity, and a well-deserved recognition of the valuable contributions retirees have made to the banking sector.
There is an increase in bed charges and ICU charges
It is the first MOU that has been signed within 14 months of the expiry of the previous settlement. There is a positive development for pensioners, as all pensioners as on 31st October 22 will now receive a long-awaited “ex gratia” amount.