Upgradation of Pension to Bank Retirees

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Deliberate attempt by Serving Employees’ Unions & IBA to delay & derail Bank Retirees’ Pension Updation on RBI lines inspite of Hon’ble FM’s clear instructions to Chairmen of SBI & IBA —Pretext like Actuary calculations are just delay tactics as the same plea is being put forward since more than a decade —Pension Funds are adequate & it is wrong to presume that Madam FM made her Press statements without knowing the details of Pension Funds of Banks —looks like unions do not want the issue to be sorted out without their involvement & hence want to delay —Requesting the Hon’ble PM & Hon’ble FM to take the issue into their own hands & announce Pension Updation on par with RBI Pensioners wef 01/01/2021 —We salute you for your empathetic approach & will remain ever grateful for your kindness in so mitigating the Vows of Lakhs of Poor , aged & helpless Bank Retirees , who are struggling with insufficient Pension since two decades .Regards ....

A Bank Pension Pensioner