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
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***
2 comments:
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?
I RETD FROM SHOP AS DY. MANAGER ON 30.04.11 WITH BASIC PENSION AS RD.17165/-.PL.LET ME KNOW MY FOR NON UPDATION OF PENSION.
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