UPDATION OF PENSION AS PER WAGE REVISION!

RAJASTHAN HIGH COURT'S VERDICT ON 
UPDATION OF  PENSION TO LIC EMPLOYEES!
JAIPUR:

The Rajasthan High Court has come down heavily on the inaction of the Life Insurance Corporation of India (LIC) for not adhering to its board resolution to pay equal pension to all the retirees across the country irrespective of their date of retirement. The court verdict is bound to affect thousands of retired personnel of LIC in the country. 

All India Banks’ Provident Fund Optees, Forum

News from Mr.Venkatesh Shriyan, (All India Banks’ Provident Fund Optees' Forum)=>>
15-01-2011:                                                                                                                                        

Dear friends,

United Forum of PF Optees Maharashtra had convened a meeting on 18^th December 2010 at Mumbai to give a message to all the Banks, IBA and also the signatories of the pension settlement that PF Optees and respective forums across the country are united and are determined to fight out injustice and discrimination on PF Optees in the Pension Settlement and Joint Note on Pension signed between IBA and constituents of United Forum Banks’ Union on 27-04-2010.

Agenda for the Meeting was :

1. To take stalk of the cases filed in the matter of Pension Settlement signed on 27-04-2010.

2. To decide further course of action to strengthen the movement of PF Optees.

3. Any other matter with the permission of the Chair.