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.
As expected, bank has now given instructions to revise/recalculate family pension in terms of GOI approval. The required details are here.
Data for the half year ending June 23 Labour Bureau, M/o Labour and Employment have released the All-India Consumer Price Index numbers -AICPIN for the half year ending June 23 and the data is shown in chart above: 44 slabs… Continue Reading →
AIRBIOPF has updated a web application that includes a directory of holiday homes specifically for RBI retirees. This directory contains information about all available holiday homes as of July, 2024.User has to log in with email to access the Application…. Continue Reading →
So, we request the Bank to upload the podcast / voiceover version of the circulars issued for the benefit of retirees and such disabled employees on its website / EKP.
AIRBIOPF shall continue to post such videos in future to help retirees.
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