Friday, June 24, 2011

HOW MUCH A PENSIONER LOOSES ON NON-UPDATION OF PENSION!


In 1995 Pension settlement it is agreed between  IBA and Unions

That ,whenever industry wise settlement on wage revision is settled
 Pension will also be revised accordingly.

Even after  3 bipartite settlements signed pension is not revised.

Central and state Govt. have revised Pension after every Pay Commission
To their employees.

Following table/calculation will tell how much a retired Bank Pensioner is loosing
Every month.

SETTLEMENT
B.P-24TH STAGE
  PENSION
PEN.AFTER COMP.
         D.A.
TOTAL
        LOSS
6 th Bi-partite
6420
3210
2140
8115
10255
-2864
7 th Bi-partite
10500
5250
3500
7402
10902
-2217
8th Bi-partite
15450
7725
5150
6535
11685
-1434
9 th Bi-partite
22500
11250
7500
5619
13119
0

Retired Employees should unite and fight it legally.
Present working employees should not forget that one day we will also
become pensioner.
**UFBU HAS ADDED THIS DEMANAD OF RETIRED EMPLOYEES IN THE CHARTER OF DEMANDS
  ON 7TH July strike***

1 comment:

Radhakrishnan Subramanian said...

Congrats to the Central Government emoloyees and the Pensioners expecting good news today. Where are our so called Associations who are still standing on ego and have failed to unite and fight the matter jointly in Supreme Court?