In Memoriam: K. BalakrishnanIt is with deep sorrow that we announce the untimely passing of our esteemed colleague and friend, K. Balakrishnan. Balakrishnan was a dedicated officer who retired under the OERS Scheme. He served as the Secretary of the… 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.
Reports indicate that the Reserve Bank has begun distributing the 90th Year Silver Memento to current staff and those who retired after April 1, 2024. Individuals joining the Bank by March 31, 2025, are also eligible for this memento. However,… Continue Reading →
Data indicates an increase of 23 slabs for RBI Pensioners, Family Pensioners, and other Bank Pensioners whose pension is merged at 6352 points.
The increase is 1.61% over the earlier half year and the total DR comes to 50.12% of the Basic Pension. The details are given in the chart below.
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 →
RBI Pensioners may note the following information for Income tax guidelines about matters like reporting savings, investments, and claiming rebates/deductions to the offices concerned for the Financial Year (FY) 2024-25. New Tax Regime a) By default, the TAX REGIME from… Continue Reading →
Department of Information Technology (DIT) Central Office, who had already been working on it, has now advised about the launch of a New EKP portal for those who are without the RBI Email ID i. e. (pre-April 16) retirees. follow the steps given to access the portal.
We understand that managing access rights to the portal can be complex,
but we believe that extending this privilege to pre-August 16 retirees is a fair and just measure.
Group Mediclaim Policy-OPD policy for all pensioners aged 60 years and above for the period April 01, 2024, to March 31, 2025, has been placed with New India Assurance Company Limited. There are changes in the policy as under: Group Mediclaim Policy… Continue Reading →
This rise in DR is primarily due to food inflation, which has been affecting everyone in recent months. The cost of essential food items like vegetables, dals, and cooking oil has gone up considerably, impacting household budgets.
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