No DA for bank employees after 2027.

Look at the DA per slab agreed in last few settlements;

8th bipart.-Nov'2002- 0.18%

9th bipart.-Nov'2007- 0.15%

10th bipart.-Nov'2012- 0.10%

11th bipart.-Nov'2017- 0.07%

Future projection at this rate

12th bipart.-Nov'2022- 0.04%

13th bipart.-Nov'2027- 0.01%

That means almost no DA for bank employees after 2027. 

Now about people retiring after 2027;

About 50% of BP will be Special allowance not eligible for pension. With almost no DA on Basic pension, you can well imagine the plight of employees retiring after 2027.

This is made possible with the tireless joint efforts of Bank unions & IBA. 

Do not you feel cheated???