Saturday, March 7, 2015

VICTORY FOR PRE 2002 RETIREES - KOLKATTA HC ORDER IN FAVOUR OF UBI RETIREES.

In Writ Petition 507/2012 filed by United Bank of India   Retirees’ Welfare Association and Others against United Bank of India and Others, Kolkatta High Court has directed the Board of the respondent bank in consultation with the Central government and the Reserve Bank of India to take a reasoned decision, in the light of the observations and findings regarding payment of 100% dearness relief to the pre November-2002 retirees’ of the respondent bank by 30th June, 2015. 
 Let us hope that IBA will change their attitude towards senior citizen retirees and resolve the issues of pre 2002 pensioners without any delay.