Tag IBA
The Pension That Was Promised — And Never Paid For over two decades, India’s bank retirees have been waiting for a pension revision agreed to in writing, supported by regulation, and upheld in principle — yet systematically denied in practice…. Continue Reading →
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 →
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 →