All India RBI Oers Pensioners Forum

CPF optees who want pension! Know the estimates for refund of PF and likely Pension

This illustrative spreadsheet below gives an idea to the member / user about the range of PF amount that the Bank may eventually ask him to refund. As the amounts involved are substantial, he may have to take steps in… Continue Reading →

Instructions for opening of option for pension

Bank. in continuation of Administration Circular dated 14-9-2020, has issued detailed instructions for implementation of opening of option for pension in respect of CPF optees by their Circular dated 18.9.20. 1. Retired employees of the Bank who had earlier retained… Continue Reading →

September 19, 2020 0

10 Central TUs express dissent on unilateral change in base year to 2016 – Consumer Price Index – IW.

Central Trade Unions have jointly demanded reworking de novo the computation exercise of changing base year by involving the trade unions as the trade unions represent the actually affected stakeholders in the project of computation of Consumers Price Index -IW… Continue Reading →

September 12, 2020 0

NABARD Pensioners sanctioned Interim relief pending revision of pension

NABARD has decided to provide Interim Relief (IR) @ 60% of the total amount of the notional pension (based on the multiplication factors which are broadly on the lines allowed for the referral institution{RBI}) and Dearness Relief thereon, to all… Continue Reading →

August 21, 2020 2

(MAFS)-GMP (2020-21) for RBI retirees ( August 15, 2020 – August 14, 2021)

After the expiry of the earlier cashless GMP policy under MAFS taken from New India Assurance company Ltd. on August 14, 2020, RBI has placed the policy with Iffco Tokio General Insurance Co. Ltd. for the period of one year… Continue Reading →

August 14, 2020 1

Dearness Relief for RBI Pensioners -1.60% increase from August 20 to January 21

78 slabs more for RBI Pensioners

July 31, 2020 2

MAFS-Master Circular updated till July 1, 20

Bank has updated the Master Circular on Medical Assistance Fund Scheme (MAFS) in the light of the instructions issued till date. A copy of the circular has been uploaded on EKP site.Offices have been advised to make available copy of… Continue Reading →

July 24, 2020 0

MOU signed for wage revision in Banks-Family Pension 30%

United Forum of Bank Unions (UFBU) -umbrella of nine bank unions- have signed MOU with IBA on 22nd July 2020. Chairman IBA is reported to have informed at the meeting that IBA is agreeable to Family Pension at 30% without… Continue Reading →

July 23, 2020 1

Appeal for graded pension to RBI octogenarians

Shri Kishore Da, President, AIRBIOPF has requested Governor, by email dated 10th July, 2020 for :i) Graded pension to Super senior citizen retirees &ii) Revision of family pension scheme. (details in the letter attached) As central government pensioners are already… Continue Reading →

July 15, 2020 0

Master Circular on pension -updated as on July 1, 20 issued.

Bank has made available the latest Master Circular dated 1st July 20 on Pension.We have split the circular in two parts- Part I- containing the detailed instructions and Part II -containing forms for official use.Members may view (Part I) here, as… Continue Reading →

July 5, 2020 6