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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Thursday, December 27, 2018

FULL PENSION FOR BANKER SHOULD BE AFTER 20 YR OF SERVICE AS IN CASE OF GOVT

I would like to add some points to be negotiated with IBA without linking the same with load factor
1. Minimum service for pension be reduced to 10 years instead of 20 years
2. Full pension after 20 years of service as in case of govt.
3.Merge special pay with basic pay.
4.Family pension at 30% of last salary
5. No stagnation in any scale. 3% increment every year.
6.Leave accumulation upto 300 days and full encashment on superannuation
7.Full amount insurance of housing loan under group insurance scheme
8.Mandatory 2 days leave per month by all employees.
9. In case of family stays at some other location due to job. Transfer option to come back to station after 2 years if post available at that station in the scale
10.Pension revision with wage revision as enough fund is available in pension fund

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