Tag family pension
With effect from 1st March 2019, the family pension payable to the spouse of a deceased employee of RBI shall be at the rate of 30% of pay uniformly subject to minimum of ₹9,000 per month, and a maximum of 30% of the highest pay per month in the Bank.
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 →
Basic Pension of Pensioners in RBI has been updated by bank in March 19, by applying relative multiplying factors. However, the bank has so far not revised the Family Pension, which as a consequence, should have been derived on the… Continue Reading →