Sunday, February 24, 2013

UFBU meeting with IBA regarding Charter of Demands

UBFU had meeting at Mumbai on 22nd Feb 2013 in which various points including government's view point on pension related issue were discussed. A preliminary round of discussions with IBA also took place . UFBU has come out with circular on this issue.

Friday, February 15, 2013

IBA invites UFBU for Xth Bipartite settlement talks

IBA has invited UFBU for Xth Bipartite talks on Charter of Demands on 22nd February at Mumbai. AIBEA has issued a circular on this subject.

Click here to view AIBEA circular

Tuesday, February 5, 2013

Meeting of resignees at Bangalore on 09/02/13

 A communique received form Shri N.T. Hegde, President Syndicate Bank Retirees Association is reproduced below
Dear All,
           It has been decided to hold a meeting of Resignees of all banks,(who have been deprived of pension) on 09/02/2013 at SBM,Bangalore Main Br. bldg.Union Office,at 15.00 hrs. Shri.Pathak,who has mobilised the resignees of various banks,for filing a WP in Delhi HC,will also be participating,along with other leaders of the retirees from various banks.Kindly pass on this information to the retirees (known to you) to participate in this meeting,without fail.The purpose of the Meeting is to chalk out an ACTION PROGRAMME,collectively,to safeguard their interest.The interested resignees may be advised to contact the undersigned.
N T Hegde.

Friday, February 1, 2013

Increase in D.A from Feb 2013

D.A. Rates for Pensioners (%) – 67 Slabs More

Retired prior to 01-11-1994 - 1094 Slabs over 600 points
     Upto 1250    1251-2000    2001-2130    Abv 2130
     732.98%        601.70%     361.02%      185.98%
After 01-11-1992 upto 31-03-1998 - 957 Slabs over 1148 points
     Upto 2400    2401-3850    3851-4100    Abv 4100
     334.95%       277.53%       162.69%       86.13%
After 01-04-1998 upto 31-10-2002 - 823 Slabs over 1684 points
     Upto 3550    3551-5650    5651-6010    Abv 6010
     197.52%       164.60%       98.76%        49.38%
Retired on or after  1-11-2002 - 672 Slabs over 2288 points
For the entire Basic Pension Amount    120.96
Retired on or after  1-11-2007 - 535 Slabs over 2836 points
For the entire Basic Pension Amount    80.25%

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.