According to UFBU circular, in the meeting held at Mumbai, IBA has agreed to agreed to give effect of the new settlement from the date of expiry of the 9th Bipartite settlement i.e. 1st November 2012 and merger of DA up to 4440 index i.e. 401 slabs in the basic pay and construct new pay scales for the employees accordingly. It appears that pension issue was not taken for discussion in this round, as there is no mention of pension revision issue in the circular.
The blog deals with the issues regarding the retired bank employees who have opted for pension.
Thursday, August 15, 2013
Wednesday, July 31, 2013
Increase in D.A. w.e.f Aug 2013
D.A. Rates for Pensioners (%) - 58 slabs more
Retired prior to 01-11-1992 - 1152 Slabs over 600 points
Upto 1250 1251-2000 2001-2130 Above 2130
771.84% 633.60% 380.16% 195.84%
After 01-11-1992 upto 31-03-1998 - 1015 Slabs over 1148 points
Upto 2400 2401-3850 3851-4100 Above 4100
355.25% 294.35% 172.55% 91.35%
After 01-04-1998 upto 31-10-2002 - 881 Slabs over 1684 points
Upto 3550 3551-5650 5651-6010 Above 6010
211.44% 176.20% 105.72% 52.86%
Retired on or after 1-11-2002 - 730 Slabs over 2288 points
For the entire Basic Pension Amount 131.40%
Retired on or after 1-11-2007 - 593 Slabs over 2836 points
For the entire Basic Pension Amount 88.95%
D.A
calculator is available for calculating revised D.A. and
difference. For calculating D.A , enter basic ( original basic
without reducing commutation amount) and click on the calculate
button. Revised D.A , Present D.A. and difference will be displayed
on the calculator. Select appropriate retirement date range according
to the date of retirement.
Click on the following link for D A Calculator.
Sunday, July 21, 2013
Press release by UFBRO regarding DHARNA ar Jantar Mantar, New Delhi on 19th July, 2013
Report on ‘Demands Day’ “sit in” protest cum DHARNA organized by the United Forum Of Bank Retirees Organisations (UFBRO) at Jantar Mantar, New Delhi,on 19th July, 2013.
While the nation/banking sector has been celebrating the 44th anniversary of Bank Nationalisation, a unique DHARNA was undertaken by the retired bankemployees who served the banks sincerely while in service, under the banner of UFBRO comprising of Retired Bank Officers’ National Confederation /All India Bank Retirees’ Federation/All India Retired Bank Employees Association and other retiree organizations in Delhi’s ‘Jantar Mantar’ to invite the attention of the Govt/Indian Banks Association, to their longstanding grievances..
Demands
• Revision/ updation of pension which was fixed in 1994 when the pension scheme was introduced in Banks, in line with that of Central Govt Pensioners.
• Pension to resignees/CRS/Exit Optees in Associate Banks and dismissed terminated employees.
• 100% neutralization of Dearness Allowance
• Increase in Family pension in line with Central Govt/RBI
• Medical facilities like Central Govt Health Scheme(CGHS)
• Recognition of retiree organizations by IBA/Govt.
The Dharna was inaugurated by Shri. K.Sukumaran, president of UFBRO/RBONC, a retired Chief General Manager of State Bank Of Mysore. More than 400 retirees, most of whom are senior citizens and many senior citizens (above 80 years) from across the length and breadth of the country participated/took part in the DHARANA braving the elements.
Other Retirees’ Organizations which participated in the DHARANA included Resigned Bank Employees welfare association, State bank Of Patiala Retired Officers Association, Bank Of Baroda Retired Officers Association, All India Punjab National Bank Retired Officers Association, State Bank Of Hyderabad Pensioners Association, Erstwhile State Bank of Indore Retired Officers association and Erstwhile State Bank Of Saurashtra Retired Officers’ Association, apart from individual retirees of various banks.
The speakers sought the intervention of the Prime Minister/Finance Minister /Chairperson- UPA, immediately to settle the urgent issues/problems faced by the bank retirees in their twilight years.
Click here to view press release by UFBRO which contains photos
Click here to view press release by Resigned Bank Employees' Welfare Association
Click here to view press release by Resigned Bank Employees' Welfare Association
Thursday, July 11, 2013
Retired Bank Officers' National Confederation proposes to hold demonstrations at New Delhi on 19th July 2013
Retired Bank Officers' National Confederation has been observing 19th July, Bank Nationalization Day in an unique way from the year 2011 for the first time in Thiruvananthapuram as a PROTEST DAY, in 2012 in Bangalore and for the third time in succession it is now proposed to hold a demonstration and sit-in dharna at Jantar Mantar grounds, New Delhi on 19th July 2013 as DEMANDS DAY to press for the immediate implementation of various demands of the bank retirees. This will follow with a submission of a Memorandum to the Authorities in Department of Financial Services, Ministry of Finance, Government of India, New Delhi. They have made elaborate arrangements like obtaining permission from Police Authorities including security arrangements, erection of shamiana (tent), providing potable water, etc at the venue. However, the participants are requested to carry with them cap/hat, umbrella, water bottle, medicines and such other personal needs in their own interest and convenience.
The programme scheduled is as under:
Place: JANTAR MANTAR, NEW DELHI.
Date : 19-07-2013 – Friday.
Time : 10.00 a. m. – Registration.
11.00 a.m..– Demonstration Begins
Up-to 01.00 p.m – Slogans/Speeches/Press Media Meet
and submission of Memorandum.
Thereafter Programme of Protest/Demonstration ends.
Click here to view circular by RBONC
Monday, July 8, 2013
UFBU meeting wth retirees/ pensioners oraganisation held at Chennai on 4th July 2013
An informal meeting with the representatives of the various Retirees / Pensioners Organisations was held in order to understand their viewpoints on the various issues and demands concerning the retired employees. After hearing their views, the UFBU assured them that all their concerns will be duly addressed by the UFBU during the wage revision exercise.
Source: AIBRF Website
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