Retired and Untired

Category Pension News

Pension issues in RBI, PSBs, Others

Dearness Relief for RBI/Bank Pensioners -23 slabs up from August 21 to January22

78 slabs more for RBI Pensioners

Iffco Tokio deducts from covid patient- a RBI retiree- the cost of items used by Doctors -under GMP(MAFS)

Details of a unfairly processed Covid-19 related Hospitalisation claim of a RBI retiree – as reported by Reserve Bank Retired Employees Association , Jaipur to ED are: Room stay 12 days    Bill Amount ₹ 223963 Amount deducted     ₹. 40,126/-… Continue Reading →

Request for ad-hoc pension updation

Shri Kishore Da, President, AIRBIOPF has requested Governor, by email dated 5th June 2021 for : i) Ad-hoc updation of pension in the present grim scenario prevailing on account of covid-19. ii) Graded pension to Super senior citizen retirees Full… Continue Reading →

CHIP BASED IDENTITY CARDS FOR RBI RETIREES

Bank has decided to issue specially designed smart chip-based identity cards to the retiring/retired employees. Retirees may exchange the old card for new ones after the intimation is received by them. Offices will issue new identity card with green lanyard… Continue Reading →

Bank employees Dearness Allowance down by 7 slabs

The following numbers -AICPIN(IW) -have been made available by Labour Bureau, Ministry of Labour and Employment. For base year 2016=100, March 2021 Index stood at 119.60 points. Month Index nos.base 2016=100 January 21 118.20 February 21 119.00 March 21 119.60… Continue Reading →

Scheme for hiring retired officers of the Bank on contractual basis

RBI has launched a new scheme for hiring retired officers of the Bank on contractual basis.The exercise shall be taken up twice a year (in April and October) as per the process outlined in the Bank’s Circular uploaded on retirees… Continue Reading →

Dearness Relief for RBI Pensioners -7.7% increase from February 21 to July 21

78 slabs more for RBI Pensioners

GMP for OPD to RBI Pensioners(70+)-Renewal- January 1, 2021 to December 31, 2021

RBI has renewed  GMP for OPD to Pensioners by their circular dated December 30, 2020.  Policy Period is – January 1, 2021 to December 31, 2021. Details are given below:  1. Circular dated December 30, 2020 2. Salient features  3.  TPAs… Continue Reading →

Revised dearness allowance data for bank employees

After the CPI-IW (2016=100) series replaced the CPI-IW (2001=100) series effective September 20, All India index for the month of September, 2020 was initially reported by M/o Labour & Employment as 118.Dearness Allowance for RBI employees and also for other… Continue Reading →

Bank officers sign wage revision with IBA-Joint Note inked.

After prolonged discussions and protracted negotiation on various financial and non-financial issues, the long-awaited settlement has been reached between IBA and all constituents of UFBU for all scales of officers.The highlights and salient features of the settlement with the officers’… Continue Reading →

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