Under a RTI the following data has surfaced which shows that a whopping sum of about 61 crores has been paid as premium to the Insurance company for the Policy Term January 1 to December 31, 2018 in respect of… Continue Reading →
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 →
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 →
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 →
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 →
78 slabs more for RBI Pensioners
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 →
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 →
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 →
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