Bipartite talks were held between IBA and UBFU on 13th March 2014, at Mumbai. Pension related issues were also discussed in the meeting. UBFU has issued a circular regarding the bipartite talks. Contents from the UFBU circular pertaining to the pension issues are reproduced below.
Quote
On
our demand for improvement in the Family Pension scheme, extension of 100% DA
formula to pre-2002 pensioners, etc., IBA was considerate and agreed to work
out the cost implications to enable them to take a view on these demands. To our demand on periodical updation of
pension on occasions of wage revision, IBA felt that the issue has to be examined,
in its entirety, looking at the cost involved, outflow, etc. On reverting to
old pension scheme from NPS, IBA expressed their inability to accede to our
demand but we reiterated the same.
Unquote
Please share whether the Pension related issues include the pension option to the Leftovers (resignees.CRS etc.,)
ReplyDelete