Tag Pension updation
A Rare Opportunity for RBI Retirees A delegation from the Reserve Bank Retirees Welfare Association (Bhopal–Indore) met RBI Governor Shri Sanjay Malhotra during his brief visit to Indore. Despite a packed schedule, the Governor invited the group into the VIP… Continue Reading →
Pension revision- Meeting with Governor In a welcome development for RBI retirees—the All India Reserve Bank Employees Association (AIRBEA) has shared key insights by its circular about Pension revision following its meeting with the Hon’ble Governor on July 25, 2025…. Continue Reading →
All India Reserve Bank Retired Employees Association(AIRBREA), Mumbai have called for urgent settlement of long pending pension grievances. The letter, dated May 2, 2025, requests Bank to examine the issues and take suitable remedial steps to do justice to the… Continue Reading →
The All-India RBI OERS Pensioners Forum (AIRBIOPF) has been actively pushing for enhanced pension for RBI Pensioners who are 80 years old and above. On January 19, 2025, we submitted a comprehensive request to the Hon’ble Finance Minister, Smt. Nirmala… Continue Reading →
In the backdrop of an increasingly competitive banking sector, the delay in wage settlement at the Reserve Bank of India (RBI) has become a growing concern. The United Forum of Reserve Bank Officers & Employees recently highlighted this issue during… Continue Reading →
The concept of granting additional pensions to Central Government Pensioners, as being circulated in the media reports, is not new, and numerous eligible pensioners are already benefiting from this provision.
Following our update on the Unified Pension Scheme, we present a comparison chart below detailing the differences between the Old Pension Scheme (OPS), National Pension System (NPS), and Unified Pension Scheme (UPS).: Feature Old Pension Scheme (OPS) National Pension System… Continue Reading →
Notably, the RBI transferred a surplus of Rs 9,75,118 crores to the Government of India between 2011/12 and 2023/24, a remarkable achievement.
New DA Calculation introduced Before the 12th Bipartite settlement was implemented, the Dearness Allowance (DA) for Bank employees was calculated based on the quarterly average of the All-India Consumer Price Index Numbers (AICPIN) for Industrial Workers Base 2016=100. The quarterly… Continue Reading →
As we enter 2024, let us carry the spirit of resilience and unwavering determination.
Here’s to a brighter future, filled with hope, prosperity, and a well-deserved recognition of the valuable contributions retirees have made to the banking sector.