Monday, August 30, 2010

Another Pension option for Officers retired under VRS scheme of individual banks

AIBOC has addressed a letter to the Chairman, Indian Banks’ Association on the above  issue, urging upon him to accord an option to those officers who retired under Voluntary Retirement Scheme of individual Banks to join the Pension Scheme now settled as per the Joint Note  dated 27.04.2010. 
Click here to view AIBOC circular


  1. Thanks a million to AIBOC for taking up this issue. Is there any response from IBA for the AIBOC letter? Has any meeting date decided to discuss the matter further?

  2. AIBOC has given the date 20th Sept 2010 to IBA for their compliance or else, they approach the Labour Commissioner.