Tag Pension updation
It is the first MOU that has been signed within 14 months of the expiry of the previous settlement. There is a positive development for pensioners, as all pensioners as on 31st October 22 will now receive a long-awaited “ex gratia” amount.
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.
DR increase Calculator Aug23 to Jan 24
the basic pension amount has been increased from Rs. 100 to Rs. 163. This applies to those who retired before November 1, 2017.
Pension updated M/o Finance by their letter dated 21st June 2023 have updated the Pension of RBI Pensioners who retired prior to 1st November,2017 (CPI =4440) with a multiplication factor of 1.63, from 12th June 23 on the undernoted terms… Continue Reading →
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 →
Bank has made available the latest Master Circular dated 1st July 20 on Pension.We have split the circular in two parts- Part I- containing the detailed instructions and Part II -containing forms for official use.Members may view (Part I) here, as… 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 →