Tag RBI retirees
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.
The bank has recently modified the Medical Assistance Fund (MAF) Scheme for retirees. These changes are aimed at providing better support and clarity for the dependents of MAF members, particularly those with permanent disabilities. Here are the key points from… Continue Reading →
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.
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.
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 →
RBI has recently made a significant modification to the Master circular Para 12.1 Master Circular modified: As per para 12.1 the dispensary facility such as free treatment and issue of drugs on credit slips as per norms is accessible only… 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.
There is an increase in bed charges and ICU charges
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.