REFIXATION OF BASIC PAY TO THE OFFICERS WHO RETIRED BETWEEN 01.04.1998 TO 30.04.2005

In the case filed by Bank of Baroda retirees in Madras High Court , the Hon’ble High Court has ordered to pay pension to all the officers who retired from service of the Banks after 01.04.1998 on the revised salary as per the VI Bipartite settlement. The Hon’ble Court has also ordered payment of differential commutation to all the affected officers. In this regard AIBOC has taken up matter with IBA and written a letter to IBA chairman requesting implementation of High Court  order. To view circular issued by AIBOC and letter to IBA, click on the following link.

AIBOC  Circular