Bank Employees' pension revision overdue for More than 3 decades!
Bank Employees' pension revision overdue for More than 3 decades!
Why this petition matters

A person retired from a public sector bank is in a pathetic situation. His pension has not been revised for 3 decades or more! In the meantime, retired Employees of both central and state governments have been given pension revision based on successive pay commission recommendations. Though serving bank employees have revised pays due to Bipartite settlements the same benefits are not passed on to the retired bank employees. There are court cases pending for long long time.
This has resulted in a avoidable situation where many top ranking bank officers of General Manager( if they are unfortunate enough to live a long life post retirement! )could be seen drawing a pension smaller than a clerical staff of state or central government.
In my opinion, this unfortunate situation should come to an end. The erstwhile stalwarts of the banking sector, who shaped the Indian Economy into a robust and healthy shape by their wise actions, sincere and dedicated work culture should not be left to fend for themselves and their unfortunate spouses at this twilight of their life and consigned to a poorer and poorer existence year by year.
It is time to raise voice against this. Banks have funds - huge funds at that- either by way of meticulous notional deductions from salary - or by way of provisions made in this regard long long back.
More important- they have the moral responsibility for providing a meaningful survival of their erstwhile employees!!!
What they don't have is willingness to look into the problems of their previous generations of workers and masons who toiled their best to build the financial entities called banks which are a solid pillars of nation's economy.
Indian Banks Association.. Please Act
Dear friends!
Here comes the role of your precious signature!
Please sign this petition so that thousands of Old Bankers- venerable Senior Citizens of this Country, who are being forced to a lower and lower standard of living due to the apathy of powers that be:
Get Justice in the form of Pension Revision and Updation:-
And Saved at the Twilights of their lives In the Least!!
Please Sign! Please Sign!
Thanks.. Thanks. Thanks...
An Aggrieved Bank Pensioner.